Author Archive: Jeremy Parkinson
Sensex Finishes Flat; Yes Bank Rises 2%
Indian share markets recovered in the afternoon session to finish marginally lower amid mixed international markets. At the closing bell, the BSE Sensex closed lower by 21 points and the NSE Nifty finished lower by 16 points. The S&P BSE Mid Cap finished up by 0.3% while S&P BSE Small Cap finished up by 0.1%. Losses were largely seen in realty stocks, oil & gas stocks and metal […]
Artesan Partners Manages Investments Worldwide
The Financial Services sector includes twenty industries ranging from Asset Management to 8 kinds of Banks, Credit, Exchanges, 6 kinds of Insurances, Savings, and all such financial concerns. Today I’m reviewing an asset management outfit, a mid-cap stock, Artisan Partners Asset Management, Inc. It’s trading ticker symbol is APAM. Artisan Partners Asset Management Inc is […]
Stocks To Trade: GLW SSNC GTN
Wednesday’s stock picks Take a look at three trading ideas to prep you for the next trading session. Long Corning (GLW) Long SS & C Technologies (SSNC) Short Gray Television (GTN)
Trade War Fears Heat Up As Trump Eyes China
U.S. President Donald Trump is mulling the possibility of tariffs on up to $60 billion on 100 products of Chinese imports in the telecommunications and technology sectors. The proposed tariffs are based upon findings from an investigation by U.S. Trade Representative Robert Lighthizer which was formed to determine whether China’s practices are discriminatory or restrictive […]
Long-Term Care: The New Retirement Crisis
The retirement funding crisis that the boomers are facing is a walk in the park compared with the long-term care (LTC) crisis that is creeping up on us. The joke in our house is that when the boss – my better half – got an LTC policy and we added up the cost, I got […]
GBP/USD Key Bullish Breakout Must Stay Above 1.39
GBP/USD 4 hour The GBP/USD has broken above the long-term resistance trend line (dotted red), which makes a bullish continuation likely within wave 5 (blue). Price will need to stay above the support trend lines (blue) otherwise the uptrend is in danger. 1 hour The GBP/USD is showing strong bullish momentum, which is typical for […]
Goldilocks Markets
Traditional Markets In this graph, we can see the reaction from the Dow Jones to the rapid succession of announcements. In the currency markets, things were more unidirectional. Both the CPI announcement and the Sec State’s sacking were seen as Dollar negative. What was interesting about this sell-off, in particular, is that there was that there […]
ECB Tweaks Policy Guidance But Euro Falls On Trade War Fears
Summary: ECB removes easing bias from its forward guidance 2018 real GDP forecast to rise 2.4% and 1.9% in 2019 Draghi downplays the hawkish statement during the press conference Euro currency posts losses following Draghi’s comments S. tariffs on steel and aluminum stokes fears of a full-fledged global trade war Mexico and Canada exempt from […]
USD/CAD Daily Analysis – Wednesday, March 14
USD/CAD failed to break below the bottom support trend line of the price channel on its 4-hour chart and rebounded strongly from 1.2803. The pair is now facing 1.3000 resistance, a breakout of this level could signal resumption of the uptrend from 1.2247, then next target would be at 1.3100 area. Only a clear break […]
U.S. Exports To China Crash In January 2018
The year-over-year growth rate in the exchange rate-adjusted value of goods and services exported by the United States to China crashed in January 2018, which prompted President Trump to tweet, as many things do, the following comment on Twitter: Here’s the update to our chart tracking the year-over-year growth rate of trade between the U.S. and […]
