Author Archive: Jeremy Parkinson
Stalled Markets, Baby Boomers, And Accelerating Information
BABY BOOMERS & THE INFORMATION AGE The Merriam-Webster dictionary defines a Baby Boomer as a member of the generation born between 1946 and 1964. If the average age of Baby Boomers is 65 years, then 1953 would be an important year for them. A lot of stuff happened that year, including the end of the Korean War. Read more at ThePeopleHistory.com At the […]
Sensex Trades In The Red; Biocon Down 5%
After opening the day in the red, share markets in India witnessed choppy trading activity throughout the day and are presently below the dotted line. All sectoral indices are trading in the red with stocks in the pharma sector and stocks in the realty sector leading the losses. The BSE Sensex is down by 110 points (down 0.3%) and the NSE Nifty is trading down […]
Gold Prices Rise After Fed Decision
Gold prices are moderately up in early trading Thursday after the Federal Reserve left interest rates unchanged. “The Committee expects that, with further gradual adjustments in the stance of monetary policy, economic activity will expand at a moderate pace in the medium term and labor market conditions will remain strong. Inflation on a 12-month basis […]
1.36 Will Be A Tough Nut To Crack For GBP/USD
The Technical Confluences Indicator shows that after the recent fall, the GBP/USD will find it hard to recover above $1.3605. This is the convergence of several lines: the Bolinger Band 15m-Middle, the Simple Moving Average-5-1hv, the SMA-5-4h, the Fibonacci 38.2% one-day, the SMA10-15m, the Bolinger Band 1h-Middle, and the SMA-5-15m. The pair may find a more accessible […]
IOTA Continues Bullish Momentum On Launch Of Ecosystem
The market bounced back on Wednesday with IOTA leading the top 10 cryptocurrencies with a 17% gain by the end of the trading day. The gains came as the Berlin-based company behind IOTA technology, IOTA Foundation, announced the launch of IOTA ecosystem platform on Twitter. The IOTA ecosystem was created for the global community of […]
EC The Bull & Bear Case For Stocks
In this article, we will discuss some of the countervailing trends which are occurring to help you formulate a balanced outlook on the markets and the economy. It’s easy to cherry pick data to fit an agenda, but that doesn’t do you much service. There’s always valid counter arguments that need to be discussed no […]
Charting Long-Term Growth In America
With all the high frequency data available these days, like weekly economic data, and market pricing by the second, it can sometimes be good to tune the noise levels down and take a look at some longer term trends to help keep things in perspective. This article looks at 5 charts which map out the […]
USD/JPY Bounce Or Break Spot At Uptrend Channel Support
USD/JPY 4 hour The USD/JPY uptrend channel reached the 110 round level and 38.2% Fibonacci level of potential wave D (light purple) and price seems to be moving away from this target. The direction of the USD/JPY however will depend on how price will respond to the channel. A bearish break below the channel could […]
Euro Drop May Continue On CPI Data, US Dollar Eyes ISM Survey
Eurozone CPI data headlines the economic calendar in European trading hours. The headline on-year inflation rate is expected to tick down to 1.3 percent. An April downtick was telegraphed in EU-harmonized German CPI figures earlier this week and a string of disappointments on recent news-flow hints it may prove larger than projected. Such a result might […]
USDCAD Daily Analysis – Thursday, May 3
USDCAD continued its sideways movement in a trading range between 1.2803 and 1.2913. As long as 1.2803 support holds, the upside movement from 1.2526 could be expected to continue and a breakout of 1.2913 resistance could take price to next resistance level at 1.3000. On the downside, a breakdown below 1.2803 support would suggest that […]
