October 2018 - Page 58 of 262 -

Ryder Stock Is Stuck In Reverse But Brokers Say Buy

Oct 25, 2018 Jeremy Parkinson Finance 0

This week I’m seeking a prestigious and long-term dividend-paying stock from the industrials business sector. That industrials sector includes twenty-three industries all related to designing, fabricating and servicing stuff we know, want and use. The industrials industries range from aerospace and defense to waste management with all the transportation, business services, and equipment required in […]

Euro May Fall Further On Dovish Shift In ECB Rhetoric

Oct 25, 2018 Jeremy Parkinson Finance, No picture 0

All eyes are on the ECB rate decision in European trading hours. A change in policy is not expected but the press conference with central bank President Mario Draghi following the policy announcement will be closely monitored for a forward guidance update. As it stands, ECB plans to wind down QE asset purchases by the end of the year. Priced-in expectations […]

Will Fed Capitulation Forestall Stock Market Crash?

Oct 25, 2018 Jeremy Parkinson Finance, No picture 0

The Dow was down over 600 points – 608 points. That is a percentage decline of 2.41%. Of course there were a lot of stocks that did a lot worse. Earnings today from AT&T – that stock was down just over 8%. I think there were also some worries concerning the slow growth of subscribers […]

USDCAD Daily Analysis – Thursday, Oct. 25

Oct 25, 2018 Jeremy Parkinson Finance, No picture 0

USDCAD rebounded strongly from 1.2969 after touching the bullish trend line on the 4-hour chart, suggesting that the pair remains in the uptrend from 1.2782. As long the price is above the trend line, the fall from 1.3132 could be treated as consolidation for the uptrend and another rise towards 1.3200 could be expected after […]

Conspicuous Weakness In Market Internals A Bad Omen For Stocks?

Oct 25, 2018 Jeremy Parkinson Finance 0

One week ago, FactSet revealed that 250 of the stocks in the S&P 500 had dropped more than 20% from all-time peaks. The index itself, however, had only declined a modest 5% from its record top. Today, there are more indications of market distress. The Russell 2000, a popular small cap barometer, has dropped 13% […]

Indian Indices Continue Sell-Off; Sensex Down Over 320 Points

Oct 25, 2018 Jeremy Parkinson Finance, No picture 0

After opening the day in the red, share markets in India have continued their downtrend tracking the sell-off in the US stock markets. US stocks continued their downtrend, confirming a correction for the Nasdaq and erasing the Dow and the S&P 500’s gains for the year, as disappointing forecasts from chipmakers and weak home sales data fueled jitters about economic and profit […]

WTI Crude Oil And Natural Gas Forecast – Thursday, Oct. 25

Oct 25, 2018 Jeremy Parkinson Finance 0

WTI Crude Oil The WTI Crude Oil market rallied rather significantly during the trading session, perhaps in a bit of a “dead cat bounce” on Wednesday after being sold-off so brutally on Tuesday. However, you can see that we gave up most of the gains and ended up forming something akin to a shooting star […]

Batten Down The Hatches, Mates

Oct 25, 2018 Jeremy Parkinson Finance 0

Get ready for some crazy price trends in the US markets as investors react to earnings, housing data and overall re-evaluations of future objectives. As we warned on September 17 with this post and on October 1 with this post, we believed the future Q3 earnings weeks and the 2~4 weeks leading into the US Mid-term elections could […]

Long And Short Of Short Interest – Thursday, Oct. 25

Oct 25, 2018 Jeremy Parkinson Finance 0

Here is a brief review of period-over-period change in short interest in the October 1-15 period in nine S&P 500 sectors. XLB (SPDR materials ETF) Three weeks ago, XLB (50.51) fell out of a slightly rising ascending channel. The drop since has been waterfall-like, losing one after another support, including 54.60. Daily momentum indicators are […]

Weiss Ratings Names 4 Cryptos Not To Buy Including Aurora Chain & Bitcoin Diamond

Oct 25, 2018 Jeremy Parkinson Finance 0

Once again Weiss Ratings has published their assessment of some of the hottest cryptos for investors. But this time, they are pointing to four (kind of hot) coins they believe you shouldn’t buy. In their recent ratings, they named Aurora Chain (AOA), Bitcoin Diamond (BCD), Credits (CS), and Mixin (XIN) as low-grade cryptos, with a […]