October 2018 - Page 48 of 262 -

EURUSD: Correction Offers Euro Bulls New Chance To Recover Losses

Oct 26, 2018 Jeremy Parkinson Finance 0

Previous: ECB President Mario Draghi’s press conference was the key event on Thursday. Following the meeting, the governing council of the ECB decided to leave interest rates in the Eurozone unchanged. The refinancing rate remained at 0.00%. The decision coincided with the market forecast, so there was no noticeable reaction to it. At the beginning […]

Speak Low

Oct 26, 2018 Jeremy Parkinson Finance 0

As anticipated, there was a rallying cry on Wall Street yesterday morning but things seemed to have fallen apart by the end of the day and much of the day’s gains were erased. What’s weird about this sell-off is that there doesn’t seem to be any specific catalyst. Things like the trade war, Brexit, and […]

Explaining The “Robot” ETF’s Bull Run With Factor Analysis

Oct 26, 2018 Jeremy Parkinson Finance, No picture 0

Bloomberg last week published an intriguing story about a new exchange traded fund (ETF) that uses artificial intelligence (AI) to outperform market indexes and active managers alike. The implication: a new era of AI-driven investing has dawned, putting the standard applications of indexing at a disadvantage. Yet a closer look at the so-called Robot ETF’s results via […]

It Is Tough For Investors When The Weekend Is The Firebreak

Oct 26, 2018 Jeremy Parkinson Finance 0

Overview: Yesterday’s bounce in US equities may have been another bear trap as several tech favorites reported disappointing earnings after the close Asian shares fell with Hong Kong, Korea, and Singapore markets losing more than 1% today. The MSCI Asia Pacific Index is lower for the fifth week, during which time it has lost around 12%. The MSCI Emerging […]

S&P 500 And Nasdaq 100 Forecast – Friday, Oct. 26

Oct 26, 2018 Jeremy Parkinson Finance 0

S&P 500 The S&P 500 gapped higher at the open on Thursday, and then reached towards the 2700 level. At this point, if we can break above the top of this candle we could continue to go towards the 2750 level, but I think there’s been a lot of structural damage, so I would be […]

The Asian Pivot: Equity Managers Look To Asia Even As Markets Plunge

Oct 26, 2018 Jeremy Parkinson Finance, No picture 0

I had some Chinese last night and my local takeaway hero gave us some fortune cookies to go with it. My wisdom-in-a-biscuit read “The Chinese use two brush strokes to write the word ‘crisis.’ One brush stroke stands for danger; the other for opportunity.” This is a pertinent statement about the current development in Asia, and […]

Central Banks And ETF Investors Start Buying Gold Aggressively

Oct 26, 2018 Jeremy Parkinson Finance 0

The gold price has been rising over the past month, driven by investors seeking safe-haven assets as the stock market sells-off sharply. On the technical chart, we can see a bottoming pattern followed by a price spike higher. I am now looking for gold to break above resistance at $1,240, which was support twice in […]

USDCAD Daily Analysis – Friday, Oct. 26

Oct 26, 2018 Jeremy Parkinson Finance, No picture 0

USDCAD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2782. As long as the trend line support holds, the uptrend could be expected to continue and next target would be at 1.3200 area. Key support is now at 1.2969, only a breakdown below this level could signal […]

Not Waving But Drowning – Stocks, Debt And Inflation?

Oct 26, 2018 Jeremy Parkinson Finance, No picture 0

The recent decline in the US stock market, after the longest bull market in history, has prompted many commentators to focus on the negative factors which could sow the seeds of the next recession. Among the main concerns is the inexorable rise in debt since the great financial recession (GFR) of 2008. According to May […]

Sensex Trades Lower; IT & Power Stocks Drag

Oct 26, 2018 Jeremy Parkinson Finance, No picture 0

Stock markets in India continued trading lower in the afternoon session weighed down by IT stocks and power stocks. The BSE Sensex is trading lower by 133 points (down 0.4%), and the NSE Nifty is trading lower by 39 points (down 0.4%). Meanwhile, the BSE Mid Cap index and the BSE Small Cap index are trading up by 0.5% & 0.2% respectively. The rupee is trading at […]