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Don’t Cry For Me, Argentina
Sep 09, 2018
Jeremy Parkinson
Finance, No picture
The dollar fell Thursday because of talks initiated between Britain and Germany to set the terms for British exit from the European Union. The hope of a reasonable outcome boosted both sterling and euro, which are priced against the dollar. Also hurting the Greenback was a nearly 50-year low in applications for unemployment benefits, at […]
Stocks For You To Swing-Trade: MAR NTAP RH
Sep 09, 2018
Jeremy Parkinson
Finance
Monday’s Swing-Trades: Take a look at three trading ideas to prep you for the next trading session. Long Marriott Int’l (MAR) Long Netapp (NTAP) Short Restoration Hardware (RH)
Commitment Of Traders; This Week In Futures
Sep 09, 2018
Jeremy Parkinson
Finance
Following futures positions of non-commercials are as of September 4, 2018. 10-year note: Currently net short 682.8k, up 152.9k. Bulls and bears went back and forth this week around the 50-day moving average until Friday when the 10-year rate (2.94 percent) rallied six basis points on the back of August’s jobs report. That said, risks of […]
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Market Briefing For Monday, Sept. 10
Sep 09, 2018
Jeremy Parkinson
Finance
Whether trade walls suddenly fall or some other relief occurs between now and Midterms, is a certain ‘known-unknown’. However Larry Kudlow’s Friday morning appearance on CNBC did not produce the kind of rebound seen on his last references to ‘trade’, although the down-bounce-falter of that first hour is just what I called for in a pre-opening intraday note. […]
Global Trade Hit By Rare Decline As “Supply Chains Seize Up”
Sep 09, 2018
Jeremy Parkinson
Finance
With the Trump administration about to slap tariffs of up to 25% on an additional $200 billion in Chinese goods, new data suggests that the global slowdown has already begun. Confirming our observations from two weeks ago, in which we showed that the latest freight data indicated global trade volumes are slowing… …on Friday that […]
Why Markets Are Worried About The Yield Curve
Sep 09, 2018
Jeremy Parkinson
Finance
Explainer: Why Markets are Worried About the Yield Curve If you pay any attention to financial media, chances are that you’ve heard increased chatter about the flattening “yield curve” in the past few weeks. For professional investors, talking about the yield curve is close to second nature – but to most regular folks, the words […]
Failed Breakout?
Sep 08, 2018
Jeremy Parkinson
Finance
I think we need an intermediate degree correction before we can get a sustained breakout.
Sept. 8th Week In Review: How Trump’s Policies Moved Stocks
Sep 08, 2018
Jeremy Parkinson
Finance, No picture
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Trump and his administration with this weekly recap compiled by The Fly: 1. NEW YORK TIMES OP-ED: On Wednesday, President Trump denounced what he referred to as a “gutless editorial” […]
Sept. 8th 2018 Week In Review: How Trump’s Policies Moved Stocks
Sep 08, 2018
Jeremy Parkinson
Finance, No picture
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Trump and his administration with this weekly recap compiled by The Fly: 1. NEW YORK TIMES OP-ED: On Wednesday, President Trump denounced what he referred to as a “gutless editorial” […]
Some Long Term Gold And Currency Charts
Sep 08, 2018
Jeremy Parkinson
Finance
Tonight I would like to update some of the PM charts we’ve been following to see how they’ve been progressing starting with the massive ten year H&S top on gold. Since the price action broke below the neckline several weeks ago it’s a week to week observation to see how the backtest is playing out. […]