Author Archive: Jeremy Parkinson
Saudi Arabia Will Stop Buying Canadian Wheat, Barley
Canada asked Saudi Arabia to free activists. In response, Saudia Arabia told Canada to butt out of its internal affairs. Trade tensions are heating up and this time it is Canada in the spotlight. A Saudi Arabian Agency Stops Buying Canadian Wheat, Barley as a diplomatic dispute escalates. Saudi Arabia’s main state wheat buying agency has told […]
Saudi Arabia Expels Canada Diplomat And Will Stop Buying Canadian Wheat, Barley
Canada asked Saudi Arabia to free activists. In response, Saudia Arabia told Canada to butt out of its internal affairs. Trade tensions are heating up and this time it is Canada in the spotlight. A Saudi Arabian Agency Stops Buying Canadian Wheat, Barley as a diplomatic dispute escalates. Saudi Arabia’s main state wheat buying agency has told […]
Stocks And Precious Metals Charts – The Unspeakable – As Old As Babylon
Stocks were able to enjoy another lackadaisical summer day, with an upward drift. What is the risk? Something that can easily be ignored for the day, until it rises up and smacks us in the face. But while the music plays, the dancing must go on. Gold and silver caught a little lift on the […]
Should You Bet On Roku? Top Analysts Cheer Turnaround
Roku, Inc. (Nasdaq: ROKU) is the globe’s leading set-top box maker, but the stock has certainly had a roller-coaster 2018. Flashback to 2017, when the tech player kicked off an IPO at $14 to close September 28 at $23.50- an almost 68% upturn. Yet, 2018 has poked a twist in Roku’s bullish narrative. By April 3, 2018, […]
June 2018 Headline Consumer Credit Growth Rate Well Under Expectations
The headlines say consumer credit rate of annual growth significantly declined from last month. We see almost no change in the rate of growth. Analyst Opinion of the Consumer Credit Situation There was an insignificant revision to the previous months’ data. Not only does this data set suffer from backward revision (at times moderate to […]
A Market Phenomenon You’re Misinterpreting And Missing Out On
Picking up where we left off yesterday, we are actually shifting gears a bit. Short selling is a great tool when it comes to making use of the indications, however… In this stock split guide, I’ll go over what it means for a stock to split, the effects of the split, and how you can benefit […]
Global Stocks Pop, Bonds Drop As PBOC Slows Great Fall Of China
Elon Musk… China’s verbal intervention overnight juiced yuan higher… And sent Chinese stocks ripping… European stocks followed through… And US stocks opened gap higher with all eyes watching for new record highs for the S&P… (NOTE that stocks really didn’t go anywhere after the initial burst)… As usual, futures show the […]
GBP/USD Tags A Nearly 1-Year Low – What Next?
It’s been a relatively quiet day for many major currencies today, with a dollop of weakness in the Canadian dollar and a touch of strength in the Australian dollar after last night’s RBA meeting the most notable moves so far. While GBP/USD has been essentially flat on the day, there are a couple of major […]
Credit Growth About To Surge
One of my favorite data series is the Fed senior loan officer opinion survey. Hidden amongst the various questions and series of the report are some really useful signals and insights on both the US economy and financial markets. Today we look specifically at commercial and industrial lending standards (the red line in the chart), and […]
Pre-August Crop Report
Market Analysis As we approach the USDA’s 2018 crop report on August 10, more trade chatter has been surfacing about this year’s corn and soybean prospects. After a cold April, warm and rainy May skies advanced planting in many Midwest fields, except in some northern and western states that had excessive moisture. Above normal June […]
