Author Archive: Jeremy Parkinson
Forex Forecast: Pairs In Focus – Sunday, June 24
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 […]
Emerging Markets Weak: Buy Or Sell In 2018?
Emerging markets peaked in January of 2018, and have been quite weak since then. The million dollar question is whether emerging markets are a buy or a sell for the second half of 2018? First, before looking into this, question, let’s consider our previous viewpoints. Early 2018, we considered that Emerging Markets would outperform US markets. […]
China Delivers Desperately Needed RRR Cut Amid Stock Slide, Liquidity Jitters, Tariff Worries
Well, everyone knew this was coming, and it’s welcome news. China delivered an RRR cut on Sunday of 50bps, a move that will effectively equate to a liquidity injection of more than $100 billion. Specifically, the PBoC is “encouraging” policy banks to promote debt-to-equity swaps, presumably in an effort to help companies reduce leverage while the […]
OPEC Production Increase Shows It’s Still Fighting U.S. Shale Oil
It felt like opposite day as traders bid up the price of oil last week even as OPEC announced an increase in oil production that should have sent prices downward. The cartel decided it had room to move because of outages in Venezuela, Libya and Angola amounting to 2.8 million barrels per day (mbpd). The increase apparently wasn’t as […]
Weighing The Week Ahead: Will Incipient Headwinds Derail The Economy?
The economic calendar is loaded. The many reports include several of the most-watched. The data may even generate enough fresh news to break the summer slumber. There is plenty of skepticism about the most recent economic data. I expect pundits to be asking: Will incipient headwinds derail the economy? Last Week Recap In my last edition of […]
Death Cross Analysis
I’m starting to see some analysts beginning to panic because the 50 day moving average on gold has dropped below the 200 day moving average. The so called death cross. However if these guys would do their research they would know that this is an almost completely worthless signal. Yes there must at some point […]
GBPUSD Weekly Analysis – Sunday, June 24, 2018
GBPUSD extended its downside movement from 1.4376 to as low as 1.3101. As long as 1.3472 resistance holds, the downtrend could be expected to continue and the next target would be at 1.2500 area. On the upside, a breakout of the 1.3472 resistance would indicate that the downside movement had completed at 1.3101 already, then […]
These 5 Top Household Products Stocks Are Cleaning Up For Investors
Consumer stocks have many good qualities in common. The best stocks in the household products industry have recognizable brands, and see steady demand in good economies and bad. Consumer staples are household essentials—products that people can’t (or won’t) do without, even when the economy enters a recession. These are typically stable businesses that sell products […]
Gold COT Report Vs Price Of Gold: Investigating A Tweet Claim
How closely does the price of gold follow the Commitment of Traders (COT) report? Here’s a pair of Tweets from a person I follow and respect. Now we know why gold dropped $40oz in just a little over a week -the biggest one-week increase in large speculator futures short contracts (from 72.5K to 106.4K up […]
OPEC’s Next Move
The Organization of the Petroleum Exporting Countries (OPEC) met this weekend in Vienna and agreed with Russia and other oil-producing countries to increase production starting in July. Saudi Arabia committed to a “measurable” supply increase but did not provide exact details of what it was planning. Brent crude spiked on Friday in advance of Saturday’s […]
