Author Archive: Jeremy Parkinson
Did Gold Hit Bottom On August 15?
Closing the week only -3.10% from its last BEV Zero, the Dow Jones is progressing towards a new all-time high in its BEV chart below as it cleared the -3.43% from late February (Red Circle). Only 3.10% from a new all-time high and as much time as it needs to do it. But if it […]
Weekly Forex Forecast – Sunday, August 26
EUR/USD The Euro rallied significantly during the week, reaching towards the 1.16 level rather stringently. We are now starting to deal with a bit of short-term resistance, but I think at this point short-term pullbacks will be buying opportunities as a market has reentered the previous consolidation area. If that’s the case, I anticipate that […]
“If I Ever Got Impeached, I Think The Market Would Crash”
For starters this is not a political post (despite the title). This is a factual post. For kortsessions followers this will not be new news, but I think a refresher may be in order. The reasons are two-fold: the media is beginning to chirp about the market being affected by the president’s deepening legal woes as a […]
US, Mexico May Announce NAFTA Deal As Soon As Monday
As discussed yesterday, a key outstanding question over the future of global trade may be about to get an answer: after five weeks of negotiations on trade issues between the administrations of Trump and Enrique Pena Nieto, the U.S. and Mexico are close to resolving bilateral differences on NAFTA and may wrap up as soon as […]
Better Buy: Apple (AAPL) Vs. Amazon (AMZN) Stock
Apple AAPL and Amazon AMZN are two of the richest companies in the world, and both have helped shape the modern economy. Both stocks would have also been some of the best investments ever, had investors bought AAPL or AMZN years ago, but it’s not too late to get in on the action. So let’s see which stock looks […]
This Week In Stocks – Sunday, August 26
Our analysis is for the S&P 500 to roll over into the middle of the week, before it begins the rising phase of a new market cycle. If you focus on the technicals of this market, things look pretty good. The chart is bullishly configured and the current cycle has brought us to a new […]
Gold Price Rebound Fueled By Less-Hawkish Chairman Powell
GOLD TALKING POINTS Gold prices appear to be on their way to test the August-high ($1225) even as Federal Reserve pledges to further normalize monetary policy, and the precious metal may stage a larger recovery over the remainder of the month as the bearish momentum unravels. GOLD PRICE REBOUND FUELED BY LESS-HAWKISH CHAIRMAN POWELL Recent remarks […]
BIS: Trump’s Trade Policies Could Create ‘Perfect Storm’, Cause Global Financial Crisis
Another day, another stark warning about the perils inherent in following Donald Trump down the path to protectionist trade policies. When you think about Trump’s tariffs and the reciprocation they’ve elicited around the world, it’s important to strip the discussion of the niceties and superlative-laden populist balderdash. What you’re witnessing is an epochal shift that, at […]
