Author Archive: Jeremy Parkinson
Below-Average Profitable Growth At Bangkok Expressway And Metro
Background Bangkok Expressway and Metro Public Company Limited has a government concession for construction and operation of various segments of the city’s major expressways. It also operates and manages two of Bangkok’s subway train lines, the Blue and Purple lines, and is involved in media and related services on and along those transit routes. Business […]
S&P 500 And Nasdaq 100 Forecast – Thursday, Sept. 6
S&P 500 The S&P 500 broke down a bit during the trading session as James Bullard decided to point out the obvious fact that every time the Federal Reserve raises interest rates, a recession follows. It was a bit of a surprise to me that most of the market didn’t know this, so the sharp […]
Sensex Trades Flat; Aurobindo Pharma Surges 5.7% On Acquisition News
Stock markets in India pared gains to turn flat as the rupee continues to remain weak after 6 straight sessions of fall. Losses are largely seen in metal stocks and FMCG stocks. The BSE Sensex is trading up by 47 points and the NSE Nifty is trading up by 6 points. Meanwhile, the BSE Mid Cap index and the BSE Small Cap index both are trading flat. […]
GBP/USD Massive Bullish Spike Turns At 78.6% Fibonacci
GBP/USD 4 hour Source: Admiral Markets MT5 with MT5 GBP/USD motive wave – 6 September 2018 at 5:00 AM GMT The GBP/USD showed a strong bullish spike yesterday, which could indicate a completed bearish wave 1 (blue) and a pullback within wave 2 (blue). This is invalidated if the price manages to break above the previous top, together with, […]
Top 5 Charts Of The Week – Thursday, Sept. 6
This week: The global manufacturing PMIs – a synchronized slowdown The path of the big 3QE central banks as the big monetary experiment comes full circle The impact of Fed rate hikes on EM central banks – forced tightening Valuation and positioning for the GBPUSD exchange rate – undervalued and oversold What’s going on with […]
Gold Gains On Weaker Dollar, Equities
Gold prices rose $5.18 an ounce on Wednesday as a lower U.S. dollar index prompted a bit of buying interest in the gold market. Federal Reserve Bank of St. Louis President James Bullard said financial market information suggests the Fed’s latest interest rate projections are “too hawkish for the current macroeconomic environment.” World stock markets […]
The United States Is Going To Become The Warehouse For Global Soybean Supplies
“The United States is going to become the warehouse for global soybean supplies” That’s a quote from Paul Burke, regional director for North Asia at the U.S. Soybean Export Council, in Time. He continues “This is the realization that we’re coming to within the trade within the last couple of weeks.” The Chinese plan is — […]
Alnylam: Analysts See A Star On The Rise
Biopharma company Alnylam Pharmaceuticals (Nasdaq:ALNY) has built a brand on its innovative RNAi therapeutics. ALNY’s focus: developing a pipeline of drugs designed to help transform lives of patients with rare diseases. These are the patients facing either limited treatment options- or therapy that is simply inadequate. Just two years ago, Alnylam landed on Forbes’ ‘100 […]
Stocks Outlook – Thursday, Sept. 6
Thoughts Investors Intelligence Bulls has reached 60%. Not medium term bearish for stocks. Banks’ lending standards are easing even more. Medium-long term bullish for the stock market. Heavy Truck Sales are making new highs. Medium-long term bullish for the stock market. Unit profits are down: this equities bull market doesn’t have a lot of years […]
Cryptos Crushed: And When Bitcoin Catches A Cold, The Altcoins Catch Pneumonia
Cryptocurrencies repeat their recent pattern. When Bitcoin drops, the Altcoins get smashed. In the short while it took to finish this article (about one hour), all the cryptos were smashed. And when Bitcoin catches a cold, the Altcoins catch Pneumonia. This was my lead chart right as I was about ready to post this piece. […]
