October 2018 - Page 141 of 262 -

Billion Dollar Unicorns: How Will Paytm Navigate Rising Competition?

Oct 15, 2018 Jeremy Parkinson Finance 0

India’s digital payments market is expected to grow five times to reach $1 trillion by 2023. Following the acquisition of Flipkart, digital payment company Paytm has become the most valuable startup among Indian Billion Dollar Unicorns despite struggling with profitability. Paytm’s Journey Paytm’s parent company One97 Communication was founded in 2000 by Delhi College of Engineering graduate Vijay […]

Empire State Manufacturing Survey: Activity Grew In October – Monday, Oct. 15

Oct 15, 2018 Jeremy Parkinson Finance, No picture 0

This morning we got the latest Empire State Manufacturing Survey. The diffusion index for General Business Conditions at 21.1 was an increase of 2.1 from the previous month’s 19.0. The Investing.com forecast was for a reading of 20.4. The Empire State Manufacturing Index rates the relative level of general business conditions in New York state. A level above […]

E Best And Worst ADRs – Monday, Oct. 15

Oct 15, 2018 Jeremy Parkinson Finance 0

The top-rated sector is services. The best-ranked countries are Bermuda, Canada, and Hong Kong. The best-rated sectors in our ADR universe are services and basic materials. Consumer goods, utilities, and healthcare score neutral. Industrial goods, financials, and technology score below average. Zone, region & country ranking The strongest zones are North America and the Middle […]

Stay EUR/USD Long, Fresh GBP/USD Long At 1.3110

Oct 15, 2018 Jeremy Parkinson Finance 0

This is how trades are today: EUR/USD Trading strategy: Long Open: 1.1530 Target: 1.1750 Stop-loss: 1.1430 Recommended size: 1.50 mini lots per $10,000 in your account Short analysis: We can see solid support below the daily cloud base, 1.1546. EUR/USD bears need a close below this base to change the market sentiment. We remain long […]

Commodities Attempting Breakout Off 7-Year Support

Oct 15, 2018 Jeremy Parkinson Finance 0

Its been a rough 7-years for Agriculture ETF (DBA) as it has created a series of lower highs and lower lows while declining 50% inside of falling channel (1). The decline this year has it testing channel support of late, where a double bottom might be in play at (2). The rally of the past couple of weeks […]

Chinese Prospects Amid US Trade Wars

Oct 15, 2018 Jeremy Parkinson Finance 0

As US trade war damage is spreading, markets reflect an elusive calm before a potential storm. While Chinese prospects and reforms prevail amid challenging conditions, IMF’s global outlook remains too optimistic for 2018-19. According to new data, China’s exports rose by 14.5% year-on-year in September, which is an acceleration from the previous month. However, growth […]

Let’s Be Like Japan

Oct 15, 2018 Jeremy Parkinson Finance 0

There has been a lot of angst lately over the rise in interest rates and the question of whether the government will be able to continue to fund itself given the massive surge in the fiscal deficit since the beginning of the year. While “spending like drunken sailors” is not a long-term solution to creating economic stability, […]

AUDUSD Faces Price Recovery Extension, Eyes 0.7196 Zone

Oct 15, 2018 Jeremy Parkinson Finance 0

AUDUSD faces price recovery extension as it headed higher during early Monday trading today. Support resides at the 0.7100 level where a breach will aim at the 0.7050 level. Below that level will set the stage for a run at the 0.7000 level with a cut through here targeting further downside pressure towards the 0.6950 […]

The Ultimate Financial Crisis Will Be Inflationary

Oct 15, 2018 Jeremy Parkinson Finance 0

I’ve read many comments to the effect that the next financial crisis will be like 2007-2008, only worse. However, the sole reason that many people are talking about a coming 2008-like crisis is because the happenings of 2008 are still fresh in the memory. Market participants often expect the next crisis to look like the […]

E Wading Through The Market During Earnings Season

Oct 15, 2018 Jeremy Parkinson Finance 0

While Friday’s relief rally proved a welcome sight for many investors/traders, it may also bring about future selling pressure. With a VIX still above 20, signaling 1.2% daily SPX moves, the market is anything but calm and ripe for continued, large daily moves. A more common saying amongst the trading crowd is that “there is […]