Author Archive: Jeremy Parkinson
USD/CAD Forecast Sep. 24-28 – Crude Climb For CAD Awaiting The Fed And GDP
Dollar/CAD moved up and down as the US announced tariffs on China and Canada had a turbulent Friday. What’s next? Monthly GDP stands out in the last week of September. Here are the highlights and an updated technical analysis for USD/CAD. NAFTA talks are moving slowly and have moved to the back burner for now. Another […]
EC Q3’18 Earnings Season Preview
We have to wait another few weeks before Q3 earnings season really takes the spotlight, but the reporting cycle has gotten underway already, with results from 8 S&P 500 members out and another 8 index members on deck to report this week. All of these early reporters have fiscal quarters ending in August, but they […]
EC Q3 Earnings Season Preview – Saturday, Sept. 22
We have to wait another few weeks before Q3 earnings season really takes the spotlight, but the reporting cycle has gotten underway already, with results from 8 S&P 500 members out and another 8 index members on deck to report this week. All of these early reporters have fiscal quarters ending in August, but they […]
Oil Firms Ahead Of Algiers OPEC Meeting That May Set Stage For Q4
Fundamental Forecast for USOIL: Bullish FUNDAMENTAL CRUDE OIL PRICE TALKING POINTS: The ONE Thing: The OPEC meeting with allies in Algiers is expected to focus on production gains as Iranian sanctions and depletion rates in Venezuela look to force the hand of OPEC. Reuters reported on Friday that the likely increase would be around 500k barrels per day. […]
Greenback’s Downside Correction Is Over, Or Nearly So
The US dollar fell against most of the major currencies last week, the notable exception being the Japanese yen. The greenback has trended higher against the yen, bolstered by the rise in US rates and equity market gains, including last week’s 2.2% rally in the battered MSCI Emerging Markets Index. The pound managed to eke […]
Week In Review: WuXi AppTec To Follow Shanghai IPO With $1 Billion+ Hong Kong IPO
WuXi AppTec (SHA: 603259) has filed for a Hong Kong IPO that is expected to raise at least $1 billion (see story). The company, China’s largest CRO/CMO, completed a $354 million IPO on the Shanghai Exchange just over four months ago. Since then, its shares have nearly quadrupled, giving the company a market valuation of $13.1 billion. This […]
China Cancels Trade Talks, Trump Optimistic
In response to Trump’s imposition of more tariffs, China responded with tariffs of its own and walked out of talks. The Wall Street Journal reports China Cancels Trade Talks With U.S. Amid Escalation in Tariff Threats. China scotched trade talks with the U.S. that were planned for the coming days, according to people briefed on the […]
Here Are The Opportunities With Markets At Highs
The stock market continues to trade very efficiently staying within the expected move for 22 out of the last 25 weeks. In this crucial weekend video newsletter update we look at the opportunities this sets up for the rest of the year.
Ripple Ends Its Bear Market With An Impressive Breakout
The recent crypto correction disappointed many crypto investors. However, every correction after a speculative rise comes with a cleanup. We strongly believe that Ripple will be among the winners of this recent ‘catharsis’. Ripple’s spectacular breakout this week is the ultimate proof of this. As per our Ripple price forceast for 2019 we believe that the bear […]
