Author Archive: Jeremy Parkinson
Gold: Bounces Off Lower Prices With Eyes 1,206/14.00 Zone
Gold looks to follow through higher on the back of its Tuesday price rejection. This has opened the door for more recovery higher. On the downside, support comes in at the 1,190.00 level where a break will turn attention to the 1,180.00 level. Further down, a cut through here will open the door for a […]
SPX Bullish As Long As 2865 Holds
Amid trade negotiations and currency wars, SPX has managed to hold its uptrend towards 2900 and higher. The recent pull back has brought prices towards the first important short-term support at 2860-2870 area. Price has bounced off support, back tested it and is now trying to make new higher highs after a report came out […]
Solid Foundations Has Generated Solid Profitability For SEAFCO
Background SEAFCO Public Company Limited is a construction and engineering company that is engaged in bored piling, diaphragm wall construction and civil works including foundation and building construction. It operates and offers services as the main contractor and sub-contractor tendering from both government and private sectors. Business Description SEAFCO generate its revenue from foundation and […]
Canadian Home Prices Get Used To A Slower Roll
The Teranet-National Bank House Price Index of Canadian home prices for August was released this morning. On a national level, the index rose 0.14% MoM at an annual rate; higher, but just barely. August’s YoY growth came in at 1.36%, its lowest level since November 2009. While this may sound bad, the low year over year growth […]
Baby Boomer Employment Across Time – Wednesday, September 12
With the release of the March employment report, let’s review the status of the 20th century Baby Boom, which was one of the most powerful demographic events in the history of the United States. The chart below illustrates the 19-year surge in births following World War II that stretched from 1946 through 1964. The boom […]
Baby Boomer Employment Across Time – Wednesday, Sept. 12
With the release of the March employment report, let’s review the status of the 20th century Baby Boom, which was one of the most powerful demographic events in the history of the United States. The chart below illustrates the 19-year surge in births following World War II that stretched from 1946 through 1964. The boom […]
Micron Slides As Goldman Cuts Rating On Weaker Memory Fundamentals
Shares of Micron Technology (MU) are under pressure this morning after Goldman Sachs analyst Mark Delaney downgraded the stock to Neutral as he sees weaker fundamentals for DRAM and NAND ahead. The analyst also lowered his price target for Western Digital (WDC) and Seagate Technology (STX) on similar concerns. GOLDMAN MOVING TO SIDELINES ON MICRON: […]
Comments On Cannabis, Oil, Natural Gas, And Gold
Sean Brodrick, Natural Resource Analysts at Weiss Group joins me today to discuss his outlook for the cannabis, oil, natural gas and gold sectors. In some (cannabis and energy) he sees opportunity but warns of some dates where he is planning on selling. In terms of metals, he is still seeing some support being held. (Audio […]
Stocks, Yuan Jump On Report Of New US-China Trade Talks
Once again, ‘hope’ is alive, as US equities surge higher on headlines claim Washington is seeking a new round of trade talks with China (just two weeks after the last heralded round of trade talks amounted to a nothing-burger but prompted panic-buying in stocks). According to The Wall Street Journal, the U.S. is reaching out to China for […]
Bulls Bouncing Off
My Swing Trading Approach I booked profits in Adobe (ADBE) at $267.00 for a 2.9% profit yesterday, while also adding another tech stock to the portfolio. I am open to adding more positions today should the market continue on its current bounce of the last two days. Indicators Volatility Index (VIX) – Dropped another 6.6% yesterday, down to […]
