October 2018 - Page 59 of 262 -

Stocks Outlook – Thursday, Oct. 25

Oct 25, 2018 Jeremy Parkinson Finance 0

Thoughts Fear & Greed Index (Sentiment Indicator) registers extreme fear. New Home Sales are deteriorating. Bearish for the stock market in 2019 Building Permits are deteriorating. Bearish for the stock market in 2019 Buyback blackout period = bearish for stocks in October, and bullish for stocks in November. 1 am: Fear & Greed Index (Sentiment Indicator) […]

Malaysia Stock: Great Profitability In Asean Dairy And Soft Drinks

Oct 25, 2018 Jeremy Parkinson Finance 0

TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Background Fraser & Neave Holdings Berhad was established in 1883 and is one of the oldest companies in Malaysia. Its main businesses are the manufacture and sale of soft drinks and dairy products, […]

Crude Oil Prices May Bounce But Gains Unlikely To Prove Lasting

Oct 25, 2018 Jeremy Parkinson Finance, No picture 0

Crude oil prices attempted a tepid recovery Thursday following the prior session’s brutal sell-off but renewed risk aversion derailed the advance, with the WTI benchmark tracking Wall Street lower to close within a hair of two-month lows. Gold prices edged up as the risk-off mood weighed on bond yields but meaningful follow-through failed to materialize as the US Dollar reclaimed support from haven-seeking flows, […]

AUDUSD Daily Analysis – Thursday, Oct. 25

Oct 25, 2018 Jeremy Parkinson Finance, No picture 0

AUDUSD remains in the downtrend from 0.7159. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected to continue and next target would be at 0.7041 support. Only a clear break above the channel resistance could signal completion of the downtrend.

Ahead Of The ECB, EUR/USD Has More Room Down Than Up

Oct 25, 2018 Jeremy Parkinson Finance 0

The EUR/USD managed to claw its way back up above 1.1400 but still hesitates ahead of the all-important ECB decision. The Technical Confluences Indicator shows that the world’s most popular currency pair faces resistance around 1.1433 where we see the convergence of the Simple Moving Average 10-4h, last week’s low, the SMA 200-15m, and the SMA 50-1h. Stronger resistance awaits at 1.1482 which […]

Sensex Opens Lower; Realty & Metal Stocks Drag

Oct 25, 2018 Jeremy Parkinson Finance 0

Asian stocks are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 2.8% while the Hang Sengis down 1.8%. The Shanghai Composite is trading down by 1.4%. US stocks plunged again on Wednesday, 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 […]

Gold Steady Ahead Of ECB Announcement

Oct 25, 2018 Jeremy Parkinson Finance 0

Gold prices rose $3.54 an ounce on Wednesday as a sell-off in global equity markets lured investors to the perceived safety of the precious metal. In economic news, the Commerce Department said sales of new homes declined 5.5% to an annualized pace of 553000 homes from 585000. U.S. equity markets closed lower as continued weakness […]

Sellers Step Up The Pace

Oct 25, 2018 Jeremy Parkinson Finance 0

It was 2001 all over again as lead indices registered 3% losses on a day of solid selling and registered distribution. The ‘bear flags’ are history but their effects are still very much in effect. Worst affected was the Semiconductor Index as it gave up nearly 7% in a move which has the makings of […]

AUDUSD Broader Trend Remains Lower, Eyes 0.7042 Level

Oct 25, 2018 Jeremy Parkinson Finance 0

AUDUSD broader trend remains lower as it eyes the 0.7042 support level. Support resides at the 0.7042 level where a breach will aim at the 0.7000 level. Below here will set the stage for a run at the 0.6950 level with a cut through here targeting further downside pressure towards the 0.6900 level. On the […]

The Remarkable Fall In Global Poverty

Oct 25, 2018 Jeremy Parkinson Finance 0

Back in 1990, the World Bank defined an “absolute poverty” line. It was based on the actual poverty lines as chosen by the governments of low-income countries around the world, and thus can be taken to represent those people who are beneath the most basic minimums for basic necessities like food, shelter, and clothing. This poverty […]