Author Archive: Jeremy Parkinson
Will Commodities, S&P 500 & Debt Mean Revert?
The most overlooked aspect of any investment framework are preconceived notions, otherwise known as absolute truths, that we perceive as eternal, unwavering and unquestionable. It is very difficult to question almost every belief you understand to be true, but it can be extremely beneficial. The more investment experience you have, the sooner you realize that […]
Chart: Global Equity Market Breadth Breakdown
Here’s a key standout chart from the latest Global Cross Asset Market Monitor (one of our weekly chart packs), it shows global equity market breadth… and more to the point, it shows global equity market breadth completely breaking down. For clarity, this metric is the proportion of countries/markets whose main equity benchmark is trading above its respective 200-day moving […]
AUDUSD Daily Analysis – Tuesday, June 26
AUDUSD is now in short-term uptrend from 0.7345, the pullback from 0.7443 is likely consolidation for the uptrend. Further rally is still possible after the consolidation and next target would be at 0.7520 area. Support is at 0.7390, only a breakdown below this level could trigger another fall towards 0.7300.
Cortex (CTXC) Artificial Intelligence Token Leads The Market With A 35% Gain
The altcoin that caught my eyes today is Cortex CTXC. It led the top 100 crypto gains with a 35% surge. I’m bringing this crypto up because of the nature of their algorithm. If done right, they could be in the path to conquer the crypto world. Cortex (CTXC) Overview Ranking 76 on the market cap […]
Interest Rates And Its Effect On Gold And Precious Metals
An interest rate is the amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets. The assets borrowed could include cash, consumer goods, and large assets such as a vehicle or building. In terms of borrowed money, the interest rate is typically applied to the principal, […]
WTI Crude Oil And Natural Gas Forecast – Tuesday, June 26
WTI Crude Oil The WTI Crude Oil market has pulled back a bit during the day on Monday, testing the $68 level. There is plenty of support just below and there’s also the 50 EMA on the hourly chart that shows signs of offering a bit of dynamic support, so I think that it’s only […]
Indian Indices Trade Marginally Higher; Telecom Sector Up 1.3%
Stock markets in India are presently trading marginally higher. Sectoral indices are trading on a mixed note with stocks in the telecom sector and FMCG sector witnessing maximum buying interest. The BSE Sensex is trading up 104 points (up 0.3%) and the NSE Nifty is trading up 31 points (up 0.3%). The BSE Mid Cap index is trading up by 0.1%, while the BSE Small Cap index is […]
The Remarkable And Lengthy Consistency Of Repo
Before August 2007, US$ money markets operated efficiently and predictably. They behaved according to a rigid hierarchy, which is a good thing no matter how it may sound. This inflexibility in the context of funding markets was exactly what we would want. Arbitrage opportunity was responsible for enforcing the rules. One simple example was the […]
Decelerating Growth Trend For Median New Home Sale Prices
The growth of median new home sale prices in the United States has decelerated somewhat in the first months of 2018, repeating a pattern that we last back in early 2017. Overall, the most recent trend for the trailing twelve month average of median new home sale prices, which has been in place since September […]
Gold Heads Back To $1261
Gold prices dropped $4.79 an ounce on Monday as a general sell-off in the raw commodity sector weighed on the market. XAU/USD initially headed higher and tested the resistance in the $1270-$1272.56 area as expected, but it was unable to break through. An escalating trade dispute between the U.S. and China continues to pressure world […]
