Author Archive: Jeremy Parkinson
Focus On Manufacturers
This weekend I decided to do things a little differently, and share some charts that were in a related industry. I am short all of these positions shown.
AUD/USD Forecast Mar. 19-23: Jobs Report In Focus
The Australian dollar fell on fears of trade wars and ahead of the Fed decision. The upcoming week features important events from Australia: the jobs report and also the RBA meeting minutes. Will the pair recover? Here are the highlights of the week and an updated technical analysis for AUD/USD. Chinese industrial output rose by 7.2% in […]
Good News: The Marginal Equity Buyer Is Back (And Bigly)
Is the marginal equity buyer back? Two weeks ago, JPMorgan’s Nikolaos Panigirtzoglou asked the following question: Has the marginal equity buyer gone? He was of course referring to the retail bid for stocks. Following the rather dramatic outflows that coincided with the February market turmoil, there was some evidence that Joe E*Trader was set to dive back into markets, […]
Are These 4 Cybersecurity Stocks A Buy In 2018?
Cybersecurity stocks have been consolidating in the last 18 months. As usual, investors give up after such a long time, given amazing strength in other tech sectors like social media, cloud computing, and, until recently, blockchain stocks. As it always goes once most investors have left the arena a new leg higher starts which is what is […]
USD/JPY Weekly Analysis – Sunday, March 18
USD/JPY moved sideways in a trading range between 105.24 and 107.90. As long as 107.90 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 113.75 and a breakdown below 105.24 support could trigger another fall towards 102.00. On the upside, a breakout of 107.90 resistance would indicate that the downtrend […]
The Fed And More
The most significant event in the coming week is the first FOMC meeting under the Chair Powell. At ECB President Draghi’s first meeting he cut interest rates. He cuts rates at his second meeting as well, underwinding the two hikes the ECB approved under Trichet. At BOJ Governor Kuroda’s first meeting, an aggressive monetary policy was […]
Weighing The Week Ahead: A New Direction For The Fed?
The economic calendar is normal, with a focus on leading indicators and new home sales. The punditry will be less interested in data than in gauging the Fed’s reaction. Last Week Recap My last edition of WTWA, I expected a focus on the continuing political turmoil, especially the market effects. That was a good guess, with the […]
Bank Of America: 5 Top Tech Stocks Poised For Future Growth
Look out: “The future is arriving sooner than investors expect” according to Beijia Ma, Bank of America’s leading investing strategist. Luckily Bank of America has compiled a list of ‘buy’ rated stocks with “material exposure” to future tech themes. These are the stocks they believe look set to benefit the most from these themes over […]
Fed To Raise Rates And Forecasts On Wednesday
On Wednesday the Federal Reserve will end its second regular FOMC meeting of the new year. It is widely expected that the Fed will deliver another 25bp rate hike, lifting the target range for the federal funds rate to 1.50% to 1.75%. The post-meeting statement is likely to echo the tone of Chair Powell’s testimony. […]
