Author Archive: Jeremy Parkinson
Adobe Making Big Moves In The Martech Industry
Last quarter we were searching for answers to what Adobe (Nasdaq: ADBE) was looking to acquire with its $6 billion cash reserve. This quarter it answered that question by making some big acquisitions. But first, the financials. Adobe’s Financials Adobe’s third-quarter revenues grew 24% over the year to $2.29 billion, ahead of the market’s projections of […]
Lower Volatility On Lower Correlation
As equities have rallied this year, volatility has fallen as seen through the VIX. Currently sitting just under 12, the VIX is nowhere near the extreme single-digit lows from earlier in the year, but it is still far lower than a level of over 16 back in June. A factor behind the lower level of […]
EUR/USD, GBP/USD Bounce From Chart Support Ahead Of FOMC
FOMC KICKS OFF TODAY, SEPTEMBER RATE DECISION ANNOUNCED AT 2PM TOMORROW Today marks the start of the two-day meeting in Washington DC in which the Federal Reserve will decide upon the September interest rate decision at the bank. It doesn’t even really appear as though there are many decisions to be made here, as markets have carried […]
Will Gold Prices Soar After March 2019?
After the Salzburg summit, the prospects of the Brexit deal are gloomy as never before. Will gold gain on failed talks between the EU and the UK? Cake Philosophy and Gold The Salzburg summit was held last week. It was an informal summit of heads of the EU member states or governments. The participants discussed […]
S&P CoreLogic Case-Shiller 20 City Home Price Index July 2018 Year-Over-Year Growth Rate Continues To Slow
The non-seasonally adjusted S and P CoreLogic Case-Shiller home price index (20 cities) year-over-year rate of home price growth decelerated from an upwardly revised 6.4 % to 5.9 %. The index authors stated “The slowing is widespread: 15 of 20 cities saw smaller monthly increases in July 2018 than in July 2017″. Analyst Opinion of […]
Canadian Dollar Attempting Bullish Breakout
Since 2011, the Canadian Dollar has been hit hard, losing nearly a third of its value, while creating a series of lower highs and lower lows. After declining nearly 30% into the lows of 2016, the Canadian Dollar has been attempting to change its long-term trend as it has created a series of higher lows […]
E The Benefits Of Individual Stock Picking Versus Index Investing
When it comes to saving for retirement, investors have several choices with regards as to how they decide to invest their capital. They can choose to put their retirement money into an index or mutual fund or pick individual stocks. Advocates of both types often of investment styles will tell you that their strategy is […]
Toppy Tuesday – Markets Bounce Back Ahead Of The Fed
And we’re back! The Dow is up 75 points pre-market, back at 26,700 and the Nasdaq is testing the 7,600 line, which will certainly be bullish if they break over it but, until then, I like /NQ as a short with tight stops above. We also re-shorted Oil (/CL) Futures at $72.50 this morning – also with tight stops […]
Remember The Glut
Do you remember the oil glut? Sure you do. It was not that long ago. The mother of all oil gluts. The oil glut that was supposedly so insurmountable that it was poised to keep oil prices lower for longer. In fact, some predicted that oil might not even trade above $30 a barrel ever […]
E The ECB Has Slightly Revised Down Its Economic Outlook For The Euro Zone
“Following strong growth in 2017, the economic expansion in the euro area slowed in the first half of 2018, largely on the back of a weakening in global trade. Although global uncertainties have softened the near-term outlook, the euro area expansion is projected to continue at a pace slightly above potential, reflecting the favorable impact […]
