October 2018 - Page 102 of 262 -

Loonie Tumbles To 6-Week Lows After Inflation, Retail Sales Slump

Oct 19, 2018 Jeremy Parkinson Finance 0

The loonie has tumbled to six-week lows (above 1.31/USD) following dismal prints for retail sales and inflation this morning. Against expectations of a 0.1% rise MoM, Canadian core retail sales slumped 0.4% MoM in August. This is the first drop in retail sales since 2017… Worse still was consumer price inflation plunged in September, dropping 0.4% […]

DeDollarization

Oct 19, 2018 Jeremy Parkinson Finance 0

It is absurd that Europe pays for 80% of its energy import bill – worth €300 billion a year – in US dollars when only roughly 2% of our energy imports come from the United States,” – JCJ President of the European Commission It’s not just Europe either. Some of the continent’s largest trade partners are […]

Morning Call For Friday, Oct. 19

Oct 19, 2018 Jeremy Parkinson Finance 0

Overnight Markets And News Dec E-mini S&Ps (ESZ18 +0.37%) this morning are up +0.23% on positive carry-over from a rally in Chinese stocks along with strength in energy stocks with the price of Nov WTI crude oil (CLX18 +0.87%) up +0.61%. European stocks are down -0.47%, led by a sell-off in Italian stocks and a jump in […]

Stocks For You To Swing-Trade: HES, COP, STLD

Oct 19, 2018 Jeremy Parkinson Finance 0

Friday’s Swing-Trades: Long Hess Corp. (HES) Long ConocoPhillips (COP) Short Steel Dynamics (STLD)

Sensex Ends Over 450 Points Lower; IT And Energy Stocks Witness Selling

Oct 19, 2018 Jeremy Parkinson Finance 0

Share markets in India continued their sell-off seen during the day and ended the trading session deep in the red. All sectoral indices traded on a negative note with stocks in the IT sector and energy sector witnessing most of the selling pressure. At the closing bell, the BSE Sensex stood lower by 464 points (down 1.3%) and the NSE Nifty closed down by […]

E Markets: Moderation

Oct 19, 2018 Jeremy Parkinson Finance 0

Everything in moderation, including moderation. The extremes of markets are the stuff alpha is made from, emotional roller coasters eventually end like this week, but the results speak for themselves. Facts and your PnL can’t be ignored. The good news was China shares bounced back up while the bad is China GDP was lower along […]

China And The Fed Inject New Fear Into A Cautious Market

Oct 19, 2018 Jeremy Parkinson Finance, No picture 0

Volatility suddenly returned with a vengeance last week – to both stocks and bonds. In fact, on Wednesday, while the -3.1% single-day selloff in the S&P 500 didn’t quite equal the -4.1% fall on February 3, the normal “flight to safety” into US Treasuries when stocks sell off didn’t occur, which was quite distressing to […]

Pepsi, A Safe Play Through The Waves

Oct 19, 2018 Jeremy Parkinson Finance 0

Investors looking for a safe consumer defensive stock during tougher market times will be served with Pepsi (PEP), part of the consumer defensive sector. Having 90% of its brands as #1 or #2 in their sector, this Dividend Aristocrat is there to stay. Video Length: 00:06:18 Verbatim 00:00 Mike Heroux: Hey, fellow investors, this is Mike […]

Cryptocurrency Investors Underestimate Bullish News

Oct 19, 2018 Jeremy Parkinson Finance 0

Cryptocurrency markets have received an incredible amount of bullish news over the past few months, yet the price has barely budged. We believe this is adding fuel to the eventual fire that will ignite under cryptocurrency prices. In this article, we cover the latest bullish news and present our case for much higher cryptocurrency prices […]

EURUSD: External Forces Putting Pressure On The Euro

Oct 19, 2018 Jeremy Parkinson Finance 0

Previous: Italian budget woes, US and Italian government bond yields, Brexit, and expectations of further Fed rate hikes have the Forex market on edge. High volatility on EURUSD persisted throughout the day. The overall strengthening of the US dollar and problems in the EU sent the euro to 1.1449. The European Commission rejected Italy’s […]