Author Archive: Jeremy Parkinson
DXY Index Hovering Below Fresh Yearly Highs Ahead Of July US CPI
The US Dollar (via the DXY Index) has made very little progress this week, not entirely unsurprising given the relatively quiet economic calendar. But the end of the week may see a change in trading conditions as the only ‘high’ rated event on the economic calendar is due out when the July US Consumer Price […]
Stocks And Precious Metals Charts – Where Sin Abounds, Grace Abounds More
Stocks attempted to rally today but fell off from much of their gains into the close. Silver held its ground, while gold gave up a little. The US Dollar finished higher. The hysteria continues to spread, infecting both with blindness and hatred. It will find its culmination. No one will have asked for it, or even […]
Market Talk – Thursday, August 9
The strategic war of words continues between the US and China and with it, the ebb and flow of the Chinese stock markets. Given that the US has weathered all of these headlines, it is doubtful it will start now. There is talk that the domestic indices are receiving a helping hand, but then with […]
The Swiss National Bank Now Owns $87.5 Billion In US Stocks After Q2 Tech Buying Spree
In the second quarter of 2018, one in which the global economy was shaken by the rapid escalation of Trump’s trade war, and in which central banks were one after another hinting at their own QE tapering and rate hiking intentions to follow in the Fed’s footsteps, what was really taking place was another central bank buying […]
What’s Going On Here?
Did someone accidentally shove yesterday’s tape in? This is getting silly. Here’s yesterday’s end-of-day action……….. ……and here’s today: Equity bulls, who have gotten a free ride for going on a decade now, must be frustrated that their government isn’t handing out free cash anymore. Although it’s no party for the bears either. You need ironclad will to stay in position […]
Sector Watch: What’s Coming In Hot
Most of the sectors are showing sideways trading patterns. The market isn’t entirely untradeable but it is getting pretty darn close to it. I’m finding the breakout plays to be more difficult than most, and instead focusing on the stocks that are forming a base and coming out of that base, following a sell-off. Most […]
Comments On US Markets And Gold
(Audio length 00:12:34) Rick Ackerman joins me today to share his updated technicals and thoughts on the US markets. We also discuss the precious metals and proxies he uses to trade.
Disney Disappoints: ETFs To Watch
While this earnings season continues to show broad-based strength like the last couple of quarters, The Walt Disney Company (DIS – Free Report) disappointed investors by missing on both the top and bottom lines. Earnings in Focus Earnings per share came in at $1.87, missing the Zacks Consensus Estimate by 10 cents but increasing from the year-ago […]
