Author Archive: Jeremy Parkinson
The Trend Is Your Friend ’Til The Very End
If you’ve been following me for any length of time you know I’ve been a major bull when it comes to the stock markets. The last two years were some of the best years to be a bull in one of the greatest bull markets of all time and I don’t say that lightly. A […]
Bitcoin Fad Fading: For Now Or For Good?
Bitcoin failed its latest breakout attempt. Heck, it did not even come close. Down again we go. For how long? Please consider the Bitcoin Fad Is Fading—for Now. It might be hard to believe. But after the 1,400 percent rally of 2017, with wild swings along the way, the great crypto craze has cooled, at least […]
AUD/USD Daily Analysis – Thursday, March 15
AUD/USD extended its upside movement from 0.7712 to as high as 0.7916. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next target would be at 0.7950 area. On the downside, a clear break below the trend line support would […]
Bitcoin Hit By Negative News Coverage, Confirms Below Ichimoku Cloud
Another day, another drama in the cryptocurrency world. Bitcoin, along with almost all other major altcoins saw massive drops on Wednesday as the crypto market was hit by two negative news coverages. One from Google, and one from a major global investing firm. Google Bans Crypto Ads First, Google reported that they’re banning all cryptocurrency and Initial […]
Indian Indices Trade Marginally Lower, Energy Stocks Witness Losses
Share markets in India are presently trading marginally lower. Sectoral indices are trading on a mixed note with stocks in the energy sector and metal sector witnessing maximum selling pressure. Stocks from the realty sector are trading in the green. The BSE Sensex is trading down 50 points (down 0.2%) and the NSE Nifty is trading down by 17 points (down 0.2%). The BSE Mid Cap index is […]
Goldilocks, R.I.P. (Part 1)
One of Wall Street’s most misbegotten memes is the Goldilocks Economy notion. They invariably trot her out near the end of a business cycle in order to keep the mullets buying stocks and the Fed heads as anesthetized as possible. The theory, of course, is that with the economy in a perfect and endless growth equilibrium, punters should be eager to […]
3 ETFs Below $20 That Offer Great Upside Potential
Most investors want to put their money in equities but may not be able to afford large stakes in valuable companies with higher priced stocks. For them, low-priced stocks could be attractive as these will enable them to buy more number of shares instead of just a handful of higher priced stocks for the same […]
Eurodollar Struggles At Three Key Levels
Although Mario Draghi is not retiring as head of the ECB until next year his comments Wednesday about the pace of interest rate rises have been taken as locking any successor into his current dovish monetary policy. In other words, the ECB would not be looking to raise rates until ‘well past’ the end of […]
China’s Stock Market Close To Bullish In 2018 … Again
At the end of last year we published our China Stock Market Outlook 2018. We concluded that China is one of the leading emerging stock markets. “With the current setup we believe China will be one of the outperformers in 2018 and beyond.” Moreover, we wrote the following: Our positive outlook for China’s stock market in […]
Black Knight Announces Pricing Of Secondary Offering Of Common Stock And Repurchase Of Common Stock
JACKSONVILLE, Fla., March 14, 2018 (GLOBE NEWSWIRE) — Black Knight, Inc. (NYSE:BKI) (the “Company” or “Black Knight”), a leading provider of software, data and analytics solutions to the mortgage and consumer loan, real estate and capital market verticals, today announced the pricing of the previously announced underwritten public offering by affiliates of Thomas H. Lee Partners, L.P. […]
