Author Archive: Jeremy Parkinson
A Bounce Today?
My Swing Trading Approach No new positions for me added on Friday. Didn’t like the price action and chose to stay on the sidelines instead. This morning, I will be most interested in whether the bulls can hold the gap up, and I will be looking to add 1-2 new trades to the portfolio this […]
6 Top Stocks With A Handsome Net Profit Margin
Investors eye businesses that report profits on a regular basis. In order to gauge the extent of profit, there is no better metric than net profit margin. A higher net margin reflects a company’s efficiency in converting sales into actual profit. Moreover, this metric lends an insight into how well a company is run and […]
Still No Demand For Bitcoin
Let’s start Monday with a quick look at the cryptocurrency market, with bitcoin serving as the most popular representative. We can see that BTC is smoothly falling down, almost like a leaf in autumn. Is there any hope that crypto traders will be popping champagne bottles again anytime soon? No, not really. Since the end […]
DXY Index Slumps As GBP Advances On Brexit Deal Progress
The US Dollar (via the DXY Index) has erased all of its gains after the August US Nonfarm Payrolls report on Friday as market participants jettisoned safe-haven currencies on the back of positive news regarding the state of Brexit negotiations on Monday. The European Union’s chief Brexit negotiator Michel Barnier said it would be “possible” to get […]
Ramageddon Could Take The USD/ZAR Pair To 16
When Cyril Ramaphosa was sworn in as the South African president, investors around the world were hopeful of the country. Money started to flow. They were impressed with the role of Ramaphosa to the liberation of the country. They were also impressed with his resume in business, which included the founding of one of the […]
Trump: ‘GDP Growth Eclipses Unemployment For 1st Time In 100 Years’
Recently even CNN has been forced to admit (begrudgingly) that President Trump “deserves at least some credit” for the contemporary economic boom in the US. And the president, of course, hasn’t been shy about giving himself credit (where credit is due, at least for now, even if it comes at the expense of a soaring budget deficit). […]
3 Signs That Inflation Is Under Control
The 2-year US Treasury yield curve has been on everyone’s mind lately. Will the curve invert – and by how much? If it does, will we head into a recession? History tells us that when the curve inverts, a recession is likely because inflation is out of control. (An inversion typically happens when the Fed […]
5 Top-Ranked Nasdaq Stocks Defying The Worst September Start
After peaking at the end of the last month, the Nasdaq Composite Index logged in the fourth straight decline last week, slumping 2.6% — the worst start to September since 2008. The sluggish trading was stemmed from a steep sell-off in the tech sector, which came following the congressional scrutiny of social media companies and […]
What Is Flipkart’s Game Plan?
Photo Credit: vignesh kumar/Flickr.com Last month, Walmart completed its $16 billion acquisition of a 77% stake in India’s leading online marketplace Flipkart. Since the acquisition was announced in May, Flipkart has been rolling up companies and has also launched a loyalty program to up its game against Amazon. Let’s take a closer look. Flipkart’s Recent Acquisitions […]
Japanese Investors Buy Treasuries And French Bonds And Sell Bunds And Gilts
Japan reported a slightly larger than expected July current account surplus earlier today. The July balance has improved over June without fail since 2003. Japan’s current account surplus is not driven by the trade balance. In fact, Japan recorded a trade deficit of JPY1 bln on a balance-of-payments basis in July, its third deficit in the […]
