2018 - Page 1550 of 1751 -

Moving Averages: Month-End Preview – Wednesday, February 28

Feb 28, 2018 Jeremy Parkinson Finance 0

Here is an advance preview of the monthly moving averages we track after the close of the last business day of the month. At this point, before the close on the last day of the month, all three S&P 500 strategies are signaling “invested” — unchanged from last month’s triple “invested” signal. Three out of […]

S&P 500 Index: Near-Term Trendline Apex Support Levels

Feb 28, 2018 Jeremy Parkinson Finance 0

The following daily chart (and close-up shot) of the S&P 500 Index is criss-crossed by a number of trendlines. There are a couple of near-term price levels where these intersect at their apex (2730 and 2685). Should both of these be breached with force, we’ll likely see another leg down. My last post referencing the SPX:VIX ratio offers further details that would corroborate such a […]

The Light At The End Of The HUI

Feb 28, 2018 Jeremy Parkinson Finance 0

I’m going to use this long-term weekly chart for the HUI as a proxy for the other PM stock indexes. This chart also shows you why I’ve remained very cautious on any PM stock rally. What we know for sure is that the HUI rallied strongly out of its January 2016 low to the August […]

Sensex Down Over 160 Points; Banking Stocks Witness Losses

Feb 28, 2018 Jeremy Parkinson Finance 0

Indian share markets are presently trading on a negative note. Sectoral indices are trading in the red with stocks in the banking sector and metal sector witnessing maximum selling pressure. The BSE Sensex is trading down 154 points (down 0.5%) and the NSE Nifty is trading down 52 points (down 0.5%). The BSE Mid Cap index is trading down by 0.2%, while the BSE Small Cap index is […]

LitePay Launch Is Paused – LTC/USD Consolidates Inside Ichimoku Cloud

Feb 28, 2018 Jeremy Parkinson Finance 0

Litepay Fails to Launch: Litecoin investors were looking forward to some delicious rallies this week as they awaited the launch of LitePay; a service designed to accept Litecoin payments. However, the card registration process was delayed on Tuesday. This caused LTC prices to take a hit. LitePay Card is Delayed but Launches for Merchants Litepay a service […]

E Market Briefing For Wednesday, Feb. 28

Feb 28, 2018 Jeremy Parkinson Finance 0

Economic assessmentsby the new Fed Chairman were, as expected, along the lines of ‘somewhat higher prices’, stronger economic outlook; and multiple rate hikes. The market was a bit roiled ‘as if’ expecting less than a positive tone, which I wouldn’t call ‘hawkish’, but realistic. Makes no sense that equities overreacted given this ‘was expected,’ but […]

The US Government Lost $1.2 Trillion In 2017

Feb 28, 2018 Jeremy Parkinson Finance 0

Earlier this month, the United States government released its annual financial report for the year 2017. This is something the government does every year, similar to how large companies like Apple, or Warren Buffett’s Berkshire Hathaway, publish their own annual reports. Unlike Berkshire and Apple, though, whose financial reports typically show strong, positive results, the US government’s financial […]

Liquid Natural Gas Demand To Spike In 2019

Feb 28, 2018 Jeremy Parkinson Finance 0

Demand, as reported by the EIA for Liquid Natural Gas Capacity, will remain pretty stable in 2018. However, it appears that demand is set to spike pretty sharply in 2019: We believe that natural gas prices will remain relative stable in 2018 as supply is strong. Keep in mind however that exports are at an […]

Will The Data Tell Us When The Next Bust Is Due?

Feb 28, 2018 Jeremy Parkinson Finance 0

Most economists are of the view that by means of economic indicators it is possible to identify early warning signs regarding an upcoming recession or prosperity. What is the rationale behind this approach? The National Bureau of Economic Research introduced the economic indicators approach in the 1930’s. A research team led by W.C. Mitchell and […]

Indian Indices Lose Steam, India’s GVA Recovery, And Top Stocks In Action

Feb 28, 2018 Jeremy Parkinson Finance 0

On Tuesday, share markets in India opened in green but ended on a weak note. The BSE Sensex closed lower by 99 points to end the day at 34,346. While the broader NSE Nifty ended the day lower by 28 points to end at 10,554 levels. Among BSE sectoral indices, bank stocks fell the most […]