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Current Analysis: Cementos Pacasmayo (CPAC)

Mar 24, 2024 Jeremy Parkinson Finance, No picture 0

Cementos Pacasmayo SAA (CPAC) is a Peruvian cement company that primarily produces, distributes, and sells cement and cement-related materials, such as concrete blocks and ready-mix concrete.The company’s products are primarily used in construction. It also produces and sells quicklime for use in mining operations. The small-cap company sells its products mainly in the northern part […]

PCE Week : But The Narrative Feels All Too Familiar

Mar 24, 2024 Jeremy Parkinson Finance 0

Photo by Sebastian Staines on Unsplash It’s the runup to a holiday weekend in the US. Still, the economic calendar remains packed, including an update on the Fed’s preferred inflation gauge, which will be released on Good Friday (a market holiday), albeit likely commanding limited attention unless there is an unexpected surprise. Still, there will be enough chop […]

GBPUSD Latest Analysis And Price Prediction Forecast

Mar 24, 2024 Jeremy Parkinson Finance, No picture 0

More By This Author:Dow Jones Analysis Today & Week Ahead Forecast SP500 Analysis Today And Price Prediction Forecast USDCAD Analysis Today And Price Prediction Forecast

The Bulls Dunk On The Bears

Mar 24, 2024 Jeremy Parkinson Finance 0

The bulls are winning the fight. A correction is three to six months [away]. There’s so much fear of missing out – Adam Parker, Trivariate Research, quoted in Barron’s The Trader column 3/23. There’s really no way around it: Last week the bulls dunked on the bears. The S&P surged through 5200 to new all time […]

FX Speculators Drop Australian Dollar Bets To New Record Low Weekly Speculator Changes led by Mexican Peso & Brazilian Real Strength Scores led by Mexican Peso & British Pound Mexican Peso & British Pound top the 6-Week Strength Trends

Mar 24, 2024 Jeremy Parkinson Finance 0

Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest Commitment of Traders (COT) data is updated through Tuesday March 19th and shows a quick view of how large market participants (for-profit speculators and for-profit speculators) were positioned in the futures markets. All currency positions are in direct relation to […]

Gold Stocks Ready To Move

Mar 24, 2024 Jeremy Parkinson Finance 0

The Fed at the March 2024 FOMC suggested that this rate hiking cycle has peaked. Chart 1 – Interest rates may have peaked for this cycle. This is important as precious metals need to know higher rates are over and are likely on the way down. Chart 2 – HUI to GOLD ratio. Shows […]

Largest Cannabis MSO Stocks Advanced 8.5%, On Average, Last Week

Mar 24, 2024 Jeremy Parkinson Finance 0

Image sourceIntroductionGermany passed legislation last Friday legalizing the sale of cannabis, which sparked a 66% surge in Canadian cannabis LP stocks last week (see here) and to a lesser extent in American cannabis MSO stocks with the 7 constituents in the munKNEE American Cannabis MSO Stocks Index advancing between 5.4% and 14.3% (an average of 8.5%) […]

Oil States International: A Deep Sea And Onshore Oil Services Firm That Could Attract A Buyer

Mar 24, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashI have adopted many of the principles of one of the greatest figures to emerge from the history of Wall Street, Bernard Baruch, in the approach I use here. The most significant adaptation is a stoic, numbers-based approach that relies heavily on the math of credit analysis and corporate valuation. One name I like […]

Weekly Forex Forecast – Sunday, March 24, 2024

Mar 24, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashThe USD/JPY currency pair appears set to target the JPY155 level, while Bitcoin may be ready to approach the $75,000 mark. Additionally, the Nasdaq 100 looks like it could aim for the 19,000 figure, the S&P 500 will likely continue to stay strong, and silver may see some fluctuation in the coming days. Crude oil has been eyeing the $85 mark, gold has remained bullish, and […]

Why No Recession (So Far)?

Mar 24, 2024 Jeremy Parkinson Finance 0

Image Source: PixabayLast year, the consensus view of economists called for a recession in 2023. At the time, I said this sort of prediction is foolish, as the science of economics has no method for predicting turning points in the business cycle. It was akin to astronomers trying to emulate astrologers, and made the profession look […]