Author Archive: Jeremy Parkinson
S&P 500 Longest Bull Market Ever: Record-Breaking Bear Market Coming
As traders cheer the longest bull market in history, they ought to be wondering “what’s next?” The bulls are cheering loudly today as the S&P Hits Record, Equals Longest Bull-Run The benchmark S&P 500 hit an all-time intraday high on Tuesday, the same day it equaled its longest-ever bull-market run, as U.S. stocks rose on encouraging […]
Going Cashless?? Someone Better Tell The Federal Reserve As Currency In Circulation Reaches New High
With all the talk about Central banks going “Cashless,”someone needs to tell the Federal Reserve. Why? Because the Federal Reserve just placed another large order for newly printed 2018 Dollars. Interestingly, the U.S. Treasury will print the largest number of $100 bills since it came out with the updated anti-counterfeit $100 bill in 2013. Not […]
E Trade And Capital Flows In The Emerging Markets Spell Trouble
The first sign of trouble occurred earlier in August when the Turkish lira sank heavily and all eyes shifted to trade and capital flows in the emerging markets (EM). Fears mounted that other EMs, such as Brazil, India, Indonesia, and Russia would experience significant currency devaluations that would set off a chain reaction that would […]
Not Looking Good So Far
This was the spot where the dollar should bounce for a day or two. So far it’s looking very weak with no sign of a bounce. Unless something changes quickly this doesn’t bode well for the dollar. In the meantime, the SMT stock portfolio is going gangbusters. +26% in less than 2 months. Most hedge […]
EUR/USD Price Outlook: Euro Constructive Above 1.14
EUR/USD Price Outlook: Euro Constructive Above 1.14 Euro rebounded off slope support last week with the rally now targeting a key pivot zone. These are the targets & invalidation levels that matter on the EUR/USD charts. EUR/USD recovery testing first major resistance hurdle- price remains constructive above 1.14 Euro is testing a critical pivot range after rebounding off slope support last […]
Citron Remains Cautious On Nvidia, Repeats $200 Per Share Forecast
In a newly published report, Citron Research’s Andrew Left said he sees Nvidia (NVDA) “on its way to $200” as “not even ray tracing can support these lofty levels,” short interest at an all-time low and datacenter facing major competition. This is not the first time Citron has discussed shorting the stock. Earlier this year, […]
Profit Taken On EUR/USD Long, Next Target Could Be 1.1620
EUR/USD Trading strategy: Await signal Open: – Target: – Stop-loss: – Recommended size: – Short analysis: Profit taken on EUR/USD long at 1.1520, earned: 170 pips, $320 per $10,000 in your account. The August 15 hammer candle warned of a direction change. We used that opportunity to open a long position. Subsequent climb in price has removed the 30-day MA lower […]
“Running Out Of August” (Perhaps Until February): Trump To Postpone Auto Tariffs
Commerce Secretary Wilbur Ross says it is ‘not clear’ a report on auto tariff recommendations will be coming this month. Trump delayed auto tariffs after a meeting with Jean-Claude Juncker that accomplished nothing. He is about to Delay Auto Tariffs Again according to Commerce Secretary Wilbur Ross. Commerce Secretary Wilbur Ross told reporters in late July that […]
E Bitcoin Cash Adoption In Commerce Still Bearish And Plunging: Report
According to a recent report by renowned blockchain analytics firm Chainalysis, Bitcoin Cash (BCH) is still crippled unable to make steady moves and break even with global demand for cryptocurrency. As reported by Bloomberg on August 20, 2018, Chainalysis’ research showed that BCH payments had failed to appeal to a larger audience leading to massive […]
4 Sector ETFs To Tap At New Highs
After bouts of volatility, Wall Street regained momentum in the past few sessions on optimism over trade talks between the United States and China and signs of stabilization in Turkey. The two countries are set to hold talks this week and China is expressing willingness to come to some terms with the United States to […]
