October 2018 - Page 84 of 262 -

S&P 500 Investors Splitting Their Focus Between 2019-Q1 And 2019-Q3

Oct 22, 2018 Jeremy Parkinson Finance 0

The S&P 500 (Index: SPX) ended the third week of October 2018 much the same way as it ended the previous week, with investors appearing to split their forward-looking focus between the future quarters of 2019-Q1 and 2019-Q3. In between, the U.S. stock market continued to show signs of heightened volatility, with fourth-quarter earnings pulling investors attention […]

Cautiously Flying

Oct 22, 2018 Jeremy Parkinson Finance 0

It’s only Monday and already it seems to be one of the most exciting weeks of the year for the financial markets. Asian stocks are flying this morning (the reason for this below) despite some clear signs that investors are still cautious. One of these signs is the price of gold, which has spiked during […]

EUR/JPY Extends Recovery Pressure With Eyes On The 130.49 Resistance Zone

Oct 22, 2018 Jeremy Parkinson Finance 0

EUR/JPY extends recovery pressure with eyes on the 130.49 resistance zone. This is coming on the back its price reversal on Friday. Support comes in at the 129.50 level where a break if seen will aim at the 129.00 level. A cut through here will turn focus to the 128.50 level and lower towards the […]

Wall Street Targets A 20% Upside For Eaton Corp

Oct 22, 2018 Jeremy Parkinson Finance, No picture 0

This week I’m seeking a prestigious and long-term dividend-paying stock from the industirals 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 […]

Forex Forecast And Cryptocurrencies Forecast For October 22 – 26

Oct 22, 2018 Jeremy Parkinson Finance, No picture 0

First, a review of last week’s events: EUR/USD. As expected, the past week was filled with all sorts of events. These included macroeconomic statistics from the USA, data on inflation in Europe, the UK and China, indices of current economic sentiments in Germany and the EU, the meeting of the US Federal Reserve Committee on […]

China’s Below-Estimated GDP Continues To Weigh On Aussie

Oct 22, 2018 Jeremy Parkinson Finance, No picture 0

China’s PMI fell further in September, short AUD/USD? China GDP hints that more RRR cuts may come which is bad for EM currencies China’s GDP growth came in at 6.5% year-on-year in 3Q, in line with our forecast. The consensus estimate was for a 6.6% reading. This was down from 6.7% in 2Q and marked […]

WTI Crude Oil And Natural Gas Forecast – Monday, Oct. 22

Oct 22, 2018 Jeremy Parkinson Finance 0

WTI Crude Oil The WTI Crude Oil market has rallied significantly during the trading session on Friday, testing the $70 level as the 61.8% Fibonacci retracement level has offered enough support. If we can break above the $70 level, then I think the market could probably continue to try to reach towards the $72.50 level […]

Revisiting The Age-Old Relationship Between Interest Rates And Prices

Oct 22, 2018 Jeremy Parkinson Finance 0

There is an age-old relationship between prices and interest rates that Keynesian economists have called a paradox (“Gibson’s Paradox”). The relationship was clearer during the Gold Standard era, but as I explained in a previous post it is still apparent if prices are measured in gold. To understand “Gibson’s Paradox” and why it actually isn’t a paradox, […]

USD/CAD Daily Analysis – Monday, Oct. 22

Oct 22, 2018 Jeremy Parkinson Finance, No picture 0

USD/CAD extended its upside movement from 1.2782 to as high as 1.3132. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next target would be at 1.3200 area. Near term support is at 1.3025, only a breakdown below this level […]

A 10% Drop In Stocks Would Send GDP Sharply Lower In 2019, Goldman Finds

Oct 22, 2018 Jeremy Parkinson Finance 0

In addition to boosting the intangible “wealth effect” by raising consumer confidence and encouraging spending, rising stock prices have a benign effect on the broader economy by directly stimulating US economic growth and GDP. And vice versa: when stocks drop, tightening financial conditions, US GDP is impacted adversely. That’s the observation made in a Friday […]