Author Archive: Jeremy Parkinson
Turkish Crisis Causes A Modest Decline In U.S. Stocks
Stocks Fall As Expected The stock market fell as expected. Personally, I had been bearish on stocks in the near term because they were overbought according to the CNN Fear and Greed index. The S&P 500 fell 0.71% and the Nasdaq fell 0.67%. The VIX increased 16.77% to 13.16. If I was a bull, I […]
Weekly Technical Perspective OnThe US Dollar (DXY)
Updated weekly technicals for US Dollar (DXY) – Breakout testing first major resistance hurdle. In this series, we scale-back and take a look at the broader technical picture to gain a bit more perspective on where we are in trend. The US Dollar Index is up more than 9.3% off the yearly lows with the advance now approaching initial topside objectives. Here […]
The Smoke Thickens In China
A major part of any yield curve is inflation expectations. Nominal growth, particularly toward the longer end of curves, sets the agenda for trading. But further out there are several confluences that may cause distortions. For Economists, these are conundrums. There are times, however, when curve dynamics remain pretty simple. These are not usually the […]
EURUSD Analysis – Monday, August 13
Pressure from the dollar on the euro continues – with EURUSD falling to a yearly low of 1.1500 at the end of last week. At the moment, the pair is trading at 1.1392. According to the chart, it appears as though an inverse head and shoulders is forming on the daily timeframe (D1): The image […]
How Trump’s War On Regulation Is Trickle-Down Economics
When Trump’s not blaming foreigners for everything that ails America, he’s blaming regulations. Last week he even blamed regulations for the wildfires now ravaging California. They’re “made so much worse”, he tweeted“, by the bad environmental laws which aren’t allowing massive amount[s] of readily available water to be properly utilized.” I have news for Trump. California’s […]
Riding With Elliott Management After It Labels Nielsen As “Undervalued”
Nielsen NV (NLSN) crashed to new all-time lows at the same time Facebook (FB) ran into its own historic post-earnings buzzsaw. At the time, I noted NLSN’s bad news about the business of monetizing user data was seemingly overshadowed by Facebook’s woes. NLSN’s operational difficulties seemed to warn investors to brace for more weakness ahead. With […]
These Stocks Will Survive The Growing Risk Of Economic Collapse
Defense Stocks Are the Bulletproof Solution Against Economic Collapse If you’re still wondering what to put in your portfolio to protect yourself from economic collapse, look up at the night sky for the answer. Space is about to create a trillion-dollar industry. Never has the expression “the sky is the limit” been less relevant, at […]
Bayer Drags Scotts Miracle-Gro Down After Monsanto Weed Killer Ruling
Shares of Bayer (BAYRY) trading in New York are sliding after the recently acquired Monsanto was ordered to pay $289M by a California court, who found it liable in a lawsuit alleging that the company’s Roundup caused cancer. Commenting on the news, JPMorgan analyst Richard Vosser told investors that the selloff in the shares is […]
Gold And Stocks Poised For Big Moves
It’s looking like the post-Labor Day markets are going to be very interesting. VERY interesting. Why? Because of two set-ups: one in the S&P 500, the other in gold. Let’s look at the stock situation first. The blue-chip index is now making a run on its January closing high around 2,873. As of this writing, […]
Why Tariffs Will Not Reduce The US Trade Deficit
When trying to work through the impact of US tariffs on its trade balance, one ought to keep in mind Orson Welles caution that if you want a happy ending, that of course, depends on where you end your story. If one stops with simply the US tax on imports, it should reduce the quantity of […]
