October 2018 - Page 88 of 262 -

Barclays Sees Disney Becoming ‘Core Holding’ Again, Upgrades To Overweight

Oct 21, 2018 Jeremy Parkinson Finance, No picture 0

Barclays analyst Kannan Venkateshwar upgraded Disney to Overweight from Equal Weight and raised his price target for the shares to $130 from $105. The shares closed yesterday down 91c to $116.18. The stock is likely to become a “core holding” again, Venkateshwar tells investors in a research note partially titled “The Force Awakens.” While almost […]

Fall 2018 Investor Letter: A Midterm Election Year

Oct 21, 2018 Jeremy Parkinson Finance 0

There are many indicators pointing to continued strength in the U.S. economy including increased manufacturing activity, robust readings from the service sector and low unemployment levels last seen 49 years ago. Employee wages are rising, and the labor market is benefiting from the current growth in the economy. We view the low levels of unemployment […]

Weekly Forex Forecast – Sunday, Oct. 21

Oct 21, 2018 Jeremy Parkinson Finance 0

The British pound has tried to rally during most of the week but felt towards the 1.30 level again. While this is a negative sign, we have a massive amount of support underneath and I think what we are looking at here is a market that continues the bounce around due to headlines coming out […]

Wall Street Bonuses Hit Highest Level Since 2008

Oct 21, 2018 Jeremy Parkinson Finance 0

The good times are back on Wall Street. Last year, the average Wall Street salary rose 13% to its highest level since 2008, just before the financial crisis shattered the financial world. According to a report from New York State Comptroller Thomas P. DiNapoli, annual pay excluding bonuses hit $422,500 on average last year. Data from […]

Book Review: D’Aveni, The Pan-Industrial Revolution

Oct 21, 2018 Jeremy Parkinson Finance, No picture 0

Richard D’Aveni, a professor at Dartmouth’s Tuck School of Business, has set forth a bold hypothesis. As 3-D printing or, more generally, additive manufacturing (AM) becomes increasingly sophisticated, manufacturing will be transformed and pan-industrial companies will come to dominate the world economy. At the moment, although investors certainly haven’t bought into this story, among the […]

Guide To E-Commerce ETFs

Oct 21, 2018 Jeremy Parkinson Finance, No picture 0

Brick-and-mortar retailers have been facing constant threats from digitalization. The surge in web-based shopping is severely affecting sales at departmental stores, resulting in store closures and filings of bankruptcy. Over the past decade, worldwide e-commerce has been growing at an average rate of 20% a year, according to Economist. As of now, online retail sales make up […]

EURUSD Downside Pressure Stalls, Bounces Off 1.1531 Support

Oct 21, 2018 Jeremy Parkinson Finance 0

EURUSD downside pressure stalled as it saw a bounce off its key support at 1.1531 to close higher on Friday. While that level holds as support it faces the risk of a move further higher nearer term. On the upside, resistance comes in at 1.1550 level. A break through there opens the door for more […]

USDJPY Weekly Analysis – Sunday, Oct. 21

Oct 21, 2018 Jeremy Parkinson Finance, No picture 0

USDJPY stays in a rising price channel on the daily chart, suggesting that the pair remains in the uptrend from 104.63. As long as the channel support holds, the uptrend could be expected to continue and another rise towards 115.50 is possible after the consolidation. Only a clear break below the channel support could signal […]

Gold Remains Firm While All The Rest Squirm

Oct 21, 2018 Jeremy Parkinson Finance 0

Through the turn of the twentieth century, one of the so-called “common coins” here in Monaco was the 100 Franc Gold piece depicting the image of then Prince Albert Honoré Charles Grimaldi. Albert I was not as nearly beloved by his Monégasque subjects as is today’s Prince Al by the principality’s citizens and residents. But […]

Crude Oil Joins Macro Headlines For Busy October As Stockpiles Build

Oct 21, 2018 Jeremy Parkinson Finance, No picture 0

Fundamental Forecast for : Bullish FUNDAMENTAL CRUDE OIL PRICE TALKING POINTS: The ONE Thing: Crude is looking at the second week of losses after four-year highs were traded at earlier this week and massive inventory gains in the US look to show demand may be waning alongside a miss in Chinese GDP data. Does two make a trend? […]