2018 - Page 109 of 1751 -

Crude Oil Weekly Technical Outlook – WTI Plunges To Fresh Yearly Lows

Nov 14, 2018 Jeremy Parkinson Finance, No picture 0

In this series, we scale-back and take a look at the broader technical picture to gain a bit more perspective on where we are in trend. Oil prices have continued to plummet with crude attempting its sixth consecutive weekly decline into a critical support confluence at the yearly lows. Here are the key targets & invalidation levels that […]

Weekly Gasoline Price Update: WTIC Down Sixth Consecutive Week

Nov 13, 2018 Jeremy Parkinson Finance, No picture 0

It’s time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium are down seven and six cents each, respectively, from last week. According to GasBuddy.com, Hawaii has the highest average price for Regular at $3.83 and Oklahoma has the cheapest at $2.29. The WTIC […]

Natural Gas Goes Limit Up

Nov 13, 2018 Jeremy Parkinson Finance 0

For the second time in 2018 the prompt month natural gas contract went 30 cents limit up as bullish weather risks combined with continued fear about low storage levels to shoot the winter natural gas complex higher. It was the March contract that made the largest move higher today, as it was the original contract […]

Energy Fund Taken To The Chipper

Nov 13, 2018 Jeremy Parkinson Finance 0

Crude oil. Ugly move lower over the past two weeks. The market pundits will try to explain the price action. They will offer evidence of President Trump’s tweet as the catalyst for the sell-off. Or they will point to the decline resulting from market participants’ belief the global economy is about to roll over. And […]

Agriculture Market Report – Tuesday, Nov. 13

Nov 13, 2018 Jeremy Parkinson Finance, No picture 0

In the end-of-the-day market video, Ira reviews the day’s trading in the agriculture markets. Running length 00:09:13

Focus On The Financials

Nov 13, 2018 Jeremy Parkinson Finance, No picture 0

What’s in store for Financials and the XLF for this week? In tonight’s video, Corey discusses the key support level and targets for short-term trades in both the XLF with the SP 500 and selected leading financial companies including Goldman Sachs (GS), JP Morgan (JPM), Morgan Stanley (MS), Microsoft (MSFT) and others. (Video length 00:08:36)

Why Bonds Are Going Nowhere

Nov 13, 2018 Jeremy Parkinson Finance, No picture 0

As we watch Jay Powell’s case dissipate on NYMEX WTI right before our very eyes, we can count on his ideology to try to make it for him in the absence of actual data. Economists will not budge no matter how much stacks against them; nor how many times we have to repeat this very […]

In Search Of Kind Of Close

Nov 13, 2018 Jeremy Parkinson Finance, No picture 0

The benefits of a simple portfolio. Barry Ritholtz had a great post on Friday titled Why You Should Stick With Buy And Hold. If you buy and hold on no matter what, save for rebalancing and changing your asset allocation based on life events, and you have an adequate savings rate then you have a very […]

E Why The Bank Of Canada Should Back Off From Further Rate Hikes

Nov 13, 2018 Jeremy Parkinson Finance 0

After raising the bank rate three times this year alone, Governor Poloz continues to signal that the Bank is nowhere near completing its current cycle of rate increases. Recent statements by the Governor indicate that Canadians should expect the bank rate to hit 3 percent from its current level of 1.75 percent[1]. According to legend, […]

Do Not Overtrade This Market Carelessly

Nov 13, 2018 Jeremy Parkinson Finance, No picture 0

Need I say more? Today was a prime example. Market opens higher on a level of optimism about talks with China, although no real substance to that optimism exists. It continues to trade higher right into resistance. Semiconductors SMH had to clear and hold over 94.00, (high was 94.48. Transportation IYT had to clear and […]