Author Archive: Jeremy Parkinson
WTI Crude Oil And Natural Gas Forecast – Wednesday, June 27
WTI Crude Oil The WTI Crude Oil market gained over 3% during the trading session on Tuesday, breaking the vinyl $70 level. Now that we have done that, there isn’t much to keep this market from continuing to rally from here. I believe that the market will probably go looking towards the $72 level next, […]
USDCAD Daily Analysis – Wednesday, June 27
USDCAD stays in a trading range between 1.3259 and 1.3381. As long as 1.3259 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.2856 and one more rise towards 1.3450 is still possible after the consolidation. On the downtrend, a breakdown below 1.3259 support would indicate that […]
Markets Yield
Nobody can predict the future like investors (although the weather guys are pretty good). But it’s the ones with real money on the line who are most likely to do their homework. That’s why bond yields can give us so much insight into what may be coming for the economy. Usually, investors want to get a […]
E The Importance Of Dividends And My Strategy
Background “Buy low sell high,” the dominant doctrine on Wall Street has put many investors’ focus onto price movements alone, while statistics show that as high as over 50% of the total stock returns could come from dividends over the long-term investing horizon. Source: GuruFocus. Conceptually, dividend payout should be the most direct way of shareholder […]
Gold Down On Firmer Dollar, Technical Selling
Gold prices fell $7.19 an ounce on Tuesday to settle at their lowest level since mid-December as a strengthening dollar fueled downside momentum. Technical selling was also behind the market’s 0.57% decline yesterday. A breach of a key support in the $1261-$1260 area generated more pressure on the market. XAU/USD is currently trading at $1253.30, […]
Indian Indices Trade Marginally Lower; Rupee At 19-Month Low
Share markets in India are presently trading marginally lower. Sectoral indices are trading on a negative note with stocks in the oil & gas sector and power sector witnessing maximum selling pressure. The BSE Sensex is trading down by 90 points (down 0.3%), while the NSE Nifty is trading down by 46 points (down 0.4%). The BSE Mid Cap index is trading down by 1.2%, while […]
Novo Nordisk Therapies Treat Degenerative Disorders
Every New York stock exchange trading day I’m posting a daily dividend stock or fund review. I’ll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I’ve named the Safari to Sweet Success. This week the portfolio I’m building (my Safari To Sweet Success […]
Market Overview As Facebook Reverses Cryptocurrency Ad Ban
Even though Facebook has announced it will relax its ban on crypto ads, the market still struggled to gain a bullish momentum on Tuesday. We actually have had a number of positive coverage in the industry recently, however, the long-term market sentiment remains downward. This could be attributed to the fact that the hype over […]
Yuan Tumbles To 6-Month Lows As SGH Warns China Will Seek To Reduce US Treasuries “Appropriately”
The ‘weaponized’ yuan continues its collapse – back above 6.6 per USD for the first time since December and down 6% from the March highs. The last time the yuan devalued this fast, it unleashed hell on the world’s financial markets. Chinese stocks are fading at the open after yesterday’s bounce in Shenzhen and CHINEXT (tech-heavy) […]
Stocks Outlook – Wednesday, June 27
Thoughts A repeat of the 1930s global tariff wars is unlikely. Truck Tonnage is still trending higher. A medium-long term bullish sign for the stock market. July is the strongest month of the summer for the stock market (seasonality) Bitcoin’s bounces are getting weaker and weaker. I think there’s a >50% chance of a big […]
