Author Archive: Jeremy Parkinson
Trump Tariffs Hit Newspaper Industry Hard: And Canada Strikes Back
Tariffs on Canadian softwood forced up the cost of newsprint. Newspapers are laying off employees, and Canada responds. US newspapers are the latest casualty of Trump’s absurd trade war with the world. It has been just over six months since the U.S. Department of Commerce levied its first tariffs on Canadian uncoated groundwood paper, resulting in a […]
Apple Vs. Microsoft: Evaluating The Two Giants’ Growth Since The 1980s
Tech companies have long been some of the most popular on Wall Street, and many firms have changed the way millions of people live. Yet, even with the rise of Amazon AMZN, Facebook FB, and younger tech startups, Apple AAPL and Microsoft MSFT still have an outsized influence on consumers and the stock market. So let’s compare the two historic tech […]
Worries About The Yield Curve
Several people have asked me if the flattening yield curve is a warning of impending weak growth or even a recession. My answer is not yet. Here’s why. Usually long-term bonds offer a higher yield than short-term bonds, a feature described by the yield curve, which plots the interest rate on bonds as a function […]
Sit Down And Shut Up
Last week the Dow Jones closed with its BEV value at around -7.5% and I wondered whether it would first breach its BEV -5% or -10% line. Five trading days later it appears the -10% line is next, and what follows after that? The factors the bulls have working against them are growing: Rising bond […]
Gold Price: Short Term Bearish, Medium Term Strongly Bullish
The price of gold lost some 3.5% in the month of June, and is somehow bearish. Some call for a breakdown of the secular uptrend which started in 2002. Although that may be true we take a deeper look into gold, and try to understand whether we have to revise our Gold Price Forecast For 2018 which […]
The Decision Tree: Why The Odds Of Permanent Tariffs Are 75/25
Two weeks ago, in “Cheshire Cat’s Smile: ‘What Is The Fed Worried About?’”, I regaled readers with some of my patented island anecdotes on the way to warning folks about the perils associated with trying to discuss the Phillips curve at local bars. Somehow, I managed to segue from that into a some excerpts from […]
Gold’s Support Dear At Mid-Year
Precious metal Gold has precious little support left to save its year. Having settled the week Friday at 1254, price traded down through most of The Box (1280-1240), reaching as low as 1247. Our present sense is should Gold post a weekly close sub-1240, it will be well en route to putting in a down […]
Summer ICL’s And What To Expect
Every year between May and July gold completes a summer ICL. Here is what has happened so far in this decade following that ICL. 2011 gold rallied 10 weeks for a 30% gain 2012 gold rallied 21 weeks for an 18% gain Bear market begins: 2013 gold rallied 9 weeks for a 21% gain 2014 […]
Forex Forecast: Pairs In Focus – Sunday, July 1
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 […]
USDJPY Weekly Analysis – Sunday, July 1
USDJPY is facing 111.39 resistance. A breakout of this level could signal resumption of the uptrend from 104.63, then the next target would be at the 113.00 area. On the downside, a breakdown below 108.11 support would indicate that the upside movement had completed at 111.39 already, then another fall towards 104.00 could be seen.
