Author Archive: Jeremy Parkinson
Analysts Up Nielsen Rating As Elliott Takes Activist Stake, Plans Push For Sale
After jumping yesterday after Elliott Management disclosed an 8.4% stake in the company, shares of Nielsen (NLSN) are again on the rise this morning as Wall Street digests the announcement and two Wall Street firms upgraded the stock. Macquarie analyst Tim Nollen raised Nielsen’s rating to Outperform, saying the activist stake raises the possibility of […]
Is Solar Rising From The Ashes Again?
Recently, the Solar Energy sector has popped up on our watch-list of potential sectors to pay attention to. Over the past few weeks, the Solar Energy sector has been under some pricing pressure and has retraced nearly 50% of the previous trend across the sector. We, the research team at Technical Traders Ltd. understand the Trade War […]
Ugly China’s American Mirror
Yesterday, we spotlighted Brazil’s economy as perhaps a leading indicator for where things stand. Today, it’s China’s turn. Neither are very encouraging. Both offer instead only growing concern. The reason isn’t just the possibility of the world economy rolling over in 2018, rather it’s from what level any deceleration might have begun. Despite the characterization of especially […]
Great Graphic JPY Struggles At Trendline
This Great Graphic is a weekly bar chart of the dollar-yen exchange rate. It shows a three-year downtrend line (white line). The US dollar had popped above it last month, but this proved premature and has not closed about it for a month. The trendline is found near JPY111.55 now. Connecting the 2016 dollar lows and the low […]
Heavy Trading Metals
Copper is down a bit over 1.5%, and at this level would be closing at a new 52-week low. As we noted in our Chart of the Day yesterday, the decline in gold yesterday to new 52-week lows was relatively large. For copper, that’s not so true: this is only the 60th largest decline to a new 52-week low […]
Silver Price Points To A Depressed Economy And A Silver Boom
Let’s take a look at silver priced in oil (WTI Crude), the Dow and US dollars: Above, is silver priced in oil from 1983 to now. Price has moved in a large channel before it broke out at the end of 2014. This is really significant given the length of time involved. However, more importantly, […]
Billion Dollar Unicorns: Revolut Looks To Expand In The US
According to a 2017 Allied Market Research report, the global neobanking market is expected to grow 51% annually through to the year 2020. Neobanks are the new kinds of banking organizations that use technology to provide complete online banking solutions to its customers. They do not have physical offices and branches and allow customers to complete […]
USD/CAD Rate Risks Larger Correction Ahead Of Canada CPI
CANADIAN DOLLAR TALKING POINTS USD/CAD pares the advance from earlier this month even as U.S. President Donald Trump tweets that Canada’s ‘Tariffs and Trade Barriers are far too high’, and recent price action warns of further losses as the exchange rate snaps the series of higher highs & lows from the previous week. USD/CAD RISKS LARGER […]
It’s Only A Matter Of Time Before The Turkish Lira Pushes The Gold Price Up
In Times of Crisis, the Gold Price Moves Higher—This Is Why It Hasn’t…Just Yet The gold price has not wavered from its downward course. On August 13, the gold price fell below the $1,200-per-ounce price floor to stop just above $1,197 per ounce. Chart courtesy of StockCharts.com For over a year, as the chart above shows, […]
NFIB Small Business Survey: “Small Business Optimism Index Nears Survey High In July”
The latest issue of the NFIB Small Business Economic Trends came out this morning. The headline number for July came in at 107.9, up 0.7 from the previous month and its second highest of all time. The index is at the 100th percentile in this series. Today’s number came in above the Investing.com forecast of 106.9. Here is an […]
