Weekly Fundamental Forecast: The Week Ends With Raised Trade War Threats Fom Trump, ECB And BoE Rate Decisions Ahead
Sep 09, 2018
Jeremy Parkinson
Finance, No picture
Fundamental traders are finding it difficult to determine exactly what to keep tabs on for generating volatility in the markets. Is the escalation of the US-led trade war with another $267 billion tariff threat on China and not-so-subtle threat to pull Japan in more market-moving than scheduled events like the ECB and BoE rate decisions? […]
Gold And The Next Financial Crisis
Sep 09, 2018
Jeremy Parkinson
Finance
This NY Times Op-Ed quoted below is for the tenth anniversary of the financial crisis, written by three of the men who helped to create it, and intensify its after effects. With a little help from the like minded who have followed, they have virtually insured a repeat. Bob Rubin, Bill Clinton, and Alan Greenspan […]
Q&A: SEC Trying To Improve Private Market Access; Bitcoin Mining
Sep 09, 2018
Jeremy Parkinson
Finance, No picture
Q: Hi, Andy. Is it true that the SEC wants to give retail investors more access to private markets? I mean, it sounds good. Could you tell me what that could mean for me? A: Great question. This is a pet peeve of mine. The SEC has opened up private pre-IPO investing only a crack in recent […]
This Week In Stocks – Sunday, Sept. 9
Sep 09, 2018
Jeremy Parkinson
Finance, No picture
Our analysis of the S&P 500 (SPX) is for stocks to continue to roll over. Last week, the SPX fell into our support zone, of which the bottom is 2846. While we still see that support holding, our question is how long the period of risk will continue. While we believe the near-term will bring […]
Insider Selling Soars In “Cautionary Sign” To Market
Sep 09, 2018
Jeremy Parkinson
Finance
One month ago, when Apple finally crossed above $1 trillion in market cap, Goldman’s chief equity strategist David Kostin said that investors had been focusing on the “wrong $1 trillion question”, adding that the correct question was: what amount of buyback will companies authorize in 2018? The reason was that according to the latest estimate from Goldman’s […]
Investments You Can Live With
Sep 09, 2018
Jeremy Parkinson
Finance, No picture
What are the best investments? High returns on paper do not necessarily mean high returns in real life. You need to be able to stick with a portfolio to get the long-run returns that it offers. It turns out that the best investments are the ones that you can live with. How would you respond […]
USDCAD Weekly Analysis – Sunday, Sept. 9
Sep 09, 2018
Jeremy Parkinson
Finance, No picture
USDCAD broke above 1.3174 resistance, suggesting that the downside movement from 1.3385 had completed at 1.2887 already. A further rise could be expected in a couple of weeks and the next target would be at 1.3400 area. Support is at 1.3000; only a breakdown below this level could trigger another fall towards 1.2750.
Weekly Gold Forecast – Sunday, Sept. 9
Sep 09, 2018
Jeremy Parkinson
Finance
Gold prices settled at $1195.81 an ounce on Friday, suffering a loss of 0.42% on the week, as the dollar rose on the back of solid economic data. The Labor Department reported that the economy added 201000 jobs in August, beating consensus estimates of 191000, and average hourly wages jumped 0.4%. Weakness in emerging market […]
All The Latest Uber News As Company Prepares For IPO
Sep 09, 2018
Jeremy Parkinson
Finance, No picture
Uber, which has become the quintessential ride-hailing app, has been in the news throughout the week. So, let’s go over all of the latest Uber news as it prepares to go public. Uber Still On Track For 2019 IPO In an interview with Reuters Wednesday, Uber CEO Dara Khorowshahi said the company is “on track” to […]