October 2018 - Page 111 of 262 -

E Ebay Sues Amazon Claiming Illegal And Unethical Activity

Oct 18, 2018 Jeremy Parkinson Finance 0

It’s no secret that Amazon’s (AMZN) growth has far outpaced eBay’s (EBAY). But now eBay claims the online giant got there by crossing a legal line: by infiltrating eBay and misappropriating its internal messaging system (known as M2M) to poach it’s sellers. To circumvent eBay’s safeguards, the company alleges that Amazon representatives took extra measures […]

China’s Angst Stays Local

Oct 18, 2018 Jeremy Parkinson Finance 0

Overview: Asian equities were lower, led by a nearly 3% drop in Shanghai, while European shares shrugged it off and the Dow Jones Stoxx 600 is up about 0.4% in late morning turnover. The S&P 500 is off by about 0.25%. Global bond yields were dragged higher by US Treasuries where the 10-year yield is straddling […]

Breakout Imminent

Oct 18, 2018 Jeremy Parkinson Finance 0

Huge congratulations to Canada for becoming the second country in the world to fully legalize marijuana! This is a huge milestone for this fascinating industry and in my personal opinion is long overdue. I hope that in the next few years many more countries will open their respective markets to this exciting field. Today’s Highlights Breakout […]

Morning Call For Thursday, Oct. 18

Oct 18, 2018 Jeremy Parkinson Finance 0

Overnight Markets And News Dec E-mini S&Ps (ESZ18 -0.39%) this morning are down -0.38% and the 10-year T-note yield climbed to a 1-week high of 3.21% on signs the Fed will continue to raise interest rates into next year. Wednesday’s minutes of the Sep 25-26 FOMC meeting showed Fed officials appeared to favor an eventual move […]

Novartis Acquires Endocyte For $24 Per Share Or $2.1B In Cash

Oct 18, 2018 Jeremy Parkinson Finance 0

Endocyte (ECYT) announced that it has entered into an agreement and plan of merger with Novartis AG (NVS) pursuant to which Novartis will acquire Endocyte for $24 per share, or a total equity value of approximately $2.1B in cash. The offer represents a premium of 54% percent to Endocyte’s closing price of $15.56 on October […]

Euro Analysis: The Potential Impact Of Brexit And The Italian Budget Clash

Oct 18, 2018 Jeremy Parkinson Finance, No picture 0

IS EURO STABILITY UNDER THREAT? As the UK and the European Union argue over Brexit, and Brussels clashes with Rome over the Italian budget, the future stability of the EU and the Euro is again in the spotlight. While the possibility of lasting damage to the single currency will likely be a concern for long-term […]

Gold Would Not Enjoy That FOMC Is Going More Restrictive

Oct 18, 2018 Jeremy Parkinson Finance, No picture 0

“Policy would need to become modestly restrictive for a time.” This is the key quote from the recent FOMC minutes. This is not a reason for gold’s joy. Fed Is Becoming More Hawkish Yesterday, the Fed released minutes from the recent FOMC meeting. As everyone knows, the Committee hiked interest rates by another 25 basis points in September. But what […]

Crude Oil Faces Further Bear Pressure, Eyes 68.27 Area

Oct 18, 2018 Jeremy Parkinson Finance 0

Crude oil faces further bear pressure following its Wednesday price sell-off. On the downside, support resides at the 68.50 level where a break will expose the 68.00 level. A cut through here will set the stage for a run at the 67.50 level. Further down, support resides at the 67.00 level. Its daily RSI is […]

BTC/USD Forex Signal – Thursday, Oct. 18

Oct 18, 2018 Jeremy Parkinson Finance 0

Yesterday’s signals were not triggered, as none of the key levels were ever reached. Today’s BTC/USD Signals Risk 0.75% per trade. Trades may only be taken between 8am London time and 5pm Tokyo time, during the next 24-hour period. Long Trades Long entry after a bullish price action reversal on the H1 time frame following the […]

Top 5 Charts Of The Week – Thursday, Oct. 18

Oct 18, 2018 Jeremy Parkinson Finance, No picture 0

This week we look at the following charts and themes: Global equities vs Global consumer sentiment (and the gap vs the global PMI). US cyclicals vs defensives (vs emerging markets) – a key leading indicator to the stock market correction. European and US bank CDS pricing – European bank CDS are trending up, and this is […]