October 2018 - Page 123 of 262 -

Federal Deficit Continues To Worsen; Repercussions – Or Lack Thereof – For 10-Year Notes

Oct 17, 2018 Jeremy Parkinson Finance 0

On a 12-month rolling total basis, federal deficit in August shot up to just under $900 billion. This at a time when the US economy is in expansion. In all probability, the red ink only gets worse from here. The question is, is this or not already reflected in 10-year T-notes? The 10-year Treasury […]

S&P 500 And Nasdaq 100 Forecast – Wednesday, Oct. 17

Oct 17, 2018 Jeremy Parkinson Finance 0

S&P 500 The S&P 500 exploded to the upside during trading on Tuesday, reaching above the 2800 level. The market has broken out of the consolidation range that I have been talking about, so now it looks like we will continue to rally. At this point, I think that we will probably go looking towards […]

Gold Strong Trend Could Reverse As Risks Ease

Oct 17, 2018 Jeremy Parkinson Finance, No picture 0

On Monday last week, the International Monetary Fund (IMF) released a report showing that the world economy would see a lower growth than had been expected. For 2019, the growth was lowered to 3.7% from the previous 3.9%. This was a big deal because previously, the expectations from investors was that the economic growth would […]

Bridgeline Digital Prices $5,000,000 Public Offering

Oct 17, 2018 Jeremy Parkinson Finance 0

BURLINGTON, Mass., Oct. 17, 2018 (GLOBE NEWSWIRE) — Bridgeline Digital, Inc. (Nasdaq: BLIN), The Digital Engagement Company™ that helps customers maximize the performance of their full digital experience from websites and intranets to online stores, today announced the pricing of an underwritten public offering of 10,000,000 shares of its common stock (or common stock equivalents) […]

0X (ZRX) Tests Above Ichimoku Cloud After Coinbase Listing

Oct 17, 2018 Jeremy Parkinson Finance 0

The Ethereum-based cryptocurrency, 0x (ZRX) gained over 13% on Tuesday after Coinbase exchange officially added it to its platform. In addition to Coinbase’s initial announcement on October 11th, that they’ll support ZRX, the exchange is also allowing full-on trading capabilities for the altcoin. This is the 5th tradable cryptocurrency on Coinbase and has many market […]

Stock Market Is Making A Sharp Rally After A Sharp Drop. What’s Next?

Oct 17, 2018 Jeremy Parkinson Finance 0

Yesterday’s big bounce has some people comparing the current market environment to October 2014, when the stock market dropped quickly and surged back to new all-time highs quickly. The key point to remember is that: The medium term risk:reward is bullish The stock market usually (but not always) retests its lows. Focus on the medium-long […]

Gold Slightly Down, Fed Minutes In Focus

Oct 17, 2018 Jeremy Parkinson Finance 0

Gold prices ended Tuesday’s session down $2.32 an ounce as the dollar rebounded and traders locked in profits ahead of the release of the minutes from the Federal Reserve’s September 25-26 policy meeting. World stock markets were mostly higher yesterday. U.S. stocks surged on the back of upbeat economic and earnings reports. Industrial production rose […]

Just The One More Boom Month For IP

Oct 17, 2018 Jeremy Parkinson Finance 0

The calendar last month hadn’t yet run out on US Industrial Production as it had for US Retail Sales. The hurricane interruption of 2017 for industry unlike consumer spending extended into last September. Therefore, the base comparison for 2018 is against that artificial low. As such, US IP rose by 5.1% year-over-year last month. That’s the […]

Venezuela Ditches US Dollar, Will Use Euros For International Trade

Oct 17, 2018 Jeremy Parkinson Finance 0

Venezuela has just taken the next step in its quest to “free” itself from the tyranny of US dollar hegemony. One year after the country said it would stop accepting US dollars as payment for its (ever shrinking) oil exports (saying the country’s state-run oil company would accept payment in yuan instead), Venezuelan Vice President for Economy Tareck […]

AUDUSD Daily Analysis – Wednesday, Oct. 17

Oct 17, 2018 Jeremy Parkinson Finance, No picture 0

AUDUSD extended its upside movement from 0.7041 to as high as 0.7151. Further rally could be expected in a couple of days and next target would be at 0.7200 area. Support is at 0.7095, only a breakdown below this level could take the price back to test 0.7041 support.