Author Archive: Jeremy Parkinson
Sensex, Nifty Trade On A Strong Note; Software & FMCG Stocks Gain
Indian share markets continued to rally in the afternoon session amid firm global cues after trade war worries eased last week. Gains were largely seen in software stocks, FMCG stocks and energy stocks. The BSE Sensex is trading higher by 358 points and the NSE Nifty is trading up by 114 points. Meanwhile, the BSE Mid Cap index is trading up by 0.1% & the BSE Small […]
US Jobs Report Isn’t Positive To Dollar
USD/JPY gave up the gains from last Friday. Is the USD/JPY going to head south? US wage growth slowed, suggesting that a more hawkish Fed may not arrive anytime soon Last week, we were worrying about a potential trade war and US wage inflation. The outcomes of all the data were perhaps the best we […]
Breakouts For Nasdaq And Nasdaq 100
Leading indices again continued in their leadership roles; the Russell 2000 managed a new swing high with breakouts for the Nasdaq and Nasdaq 100 after Semiconductors closed at new all-time highs. The Russell 2000 cleared 1,564 with relative ease with upticks in lead technicals – only relative performance suffered a small loss. Friday’s 1.6% gain now […]
E 22x: A Whole New Way To Invest In Startups
TalkMarket’s Berk Gedik sat down with Chris Rawlings, the CEO of JudoLaunch, and Co-Founder of 22x. 22x is a creative way to invest in 30 alumni of the latest batch from 500 Startups, an early stage venture fund with a 2% acceptance rate. 22x is a recent Initial Coin Offering (ICO). An ICO is like […]
Forex Forecast: Pairs In Focus – March 11
The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits. Each week I am going to analyze fundamentals, sentiment and technical positions in order to […]
Nasdaq Soars To New Record High After Strong Jobs Report
The Nasdaq soared to an all-time high after last Friday’s U.S. employment report which saw a massive 313,000 growth in February. This is the biggest number of jobs since July 2016, handily smashing the expectation of 200,000 jobs gain. For the fifth month in a row, the jobless rate remains unchanged at 4.1%, a 17-year […]
Marko Kolanovic: ‘Imminent Concerns Are Overblown’, Stay Overweight Stocks
Good news (again). Marko Kolanovic is still bullish – or if not “bullish” at least “constructive.” The doomsday crowd was dismayed back on February 1 when Marko suggested that recent volatility wasn’t sufficient to trigger the type of systematic unwind he’s been variously warning about for years and to be sure, Kolanovic was wrong. Just […]
USD/JPY Forecast Mar. 12-16 – Will Relief Last?
Dollar/yen emerged from the lows mostly thanks to optimism about peace in the Korean peninsula and also as the US Dollar retreated against many currencies. The US inflation report is the main event in a relatively light week on the calendar, but geopolitics could continue to play a role. USD/JPY fundamental movers It was certainly a busy week. […]
Uptrend Resuming?
Last week, I wrote the following: “When the rally from the 2533 low overcame the previous short-term high of 2727, it suggested that the SPX recovery could reach as high as the previous top of 2872, or even a little higher, before reversing.” (For those of you who might have missed it, last week’s letter […]
Is Aurora Cannabis Still A Stock To Buy In 2018?
Aurora Cannabis and its wholly-owned subsidiary, Aurora Cannabis Enterprises Inc., is a licensed producer of medical cannabis pursuant to Health Canada’s Access to Cannabis for Medical Purposes Regulations. So far in 2018, the stock was on an impressive uptrend. Our article today will cover why we believe this stock is a good choice to get exposure […]
