Author Archive: Jeremy Parkinson
Sensex Opens Marginally Lower; Biocon Plunges On Weak Q3 Performance
Asian stock markets are lower today as Japanese and Hong Kong shares fall on concerns about the US administration’s protectionist stance cast a shadow on financial markets. The Nikkei 225 is off 0.99% while the Hang Seng is down 0.31%. The Shanghai Composite is trading down by 0.14%. US stocks closed mixed in previous trading session. Meanwhile, Indian share markets have opened […]
Gold Soars, Dollar Sinks After US Treasury Praises Weaker Dollar
The US dollar continued its plunge today after US Treasury Secretary said a weaker dollar was good for trade. The US dollar continued its slide with its worst day since last March when Treasury secretary Steven Mnuchin stated a Weak Dollar is Good for Trade. Mnuchin made the comment in Davos, Switzerland Wednesday morning to news […]
GBP/USD Finally Taking A Breather At Key Resistance – Levels
The downfall of the dollar thanks to the “Steven Slide” is felt across the board. All the other currencies are gaining against the US dollar but there are differences between them. GBP/USD has been one of the biggest gainers, seeming to compensate for a long period of being depressed. Brexit is still very real, but […]
Ray Dalio: We Are Already In A Bond Bear Market Right Now
Bridgewater Associates founder Ray Dalio has joined veteran bond manager Bill Gross in predicting a major bear market for bonds. In an interview with Bloomberg’s Erik Schatzker, Dalio warned that a rise in bond yields could lead to the biggest crisis in fixed income markets in almost 40 years. If you recall, a couple of […]
California’s Lackluster 2017
California’s economy took a pretty big hit in 2017. Specifically, it appears to have taken a pretty big hit in the first quarter of the year, after which it appears to have slowly recovered at real growth rates that are slower than what the domestic U.S. economy has seen as a whole. The following chart […]
Stocks To Trade: TCF, AAPL, BB
Thursday’s stock picks: Long TCF Financial (TCF) Long Apple (AAPL) Short BlackBerry (BB)
USDCAD Daily Analysis – Thursday, Jan. 25
USDCAD broke below 1.2355 support and continued its downside movement from 1.2920. Further decline could be expected and next target would be at 1.2200 area. Near-term resistance is at 1.2400, only break above this level could trigger another rise to test 1.2590 resistance.
S&P 500 And Nasdaq 100 Forecast – Thursday, Jan 25
S&P 500 The S&P 500 went back and forth during the trading session on Wednesday, showing signs of volatility near the 2025 level. The market is obviously very bullish, but I don’t have any interest in trying to go long quite yet, because there is so much in the way of over-extension. I think that […]
Report Cards On Real Assets
KPMG has posted a new paper looking at the role of real assets (defined as “anything where there is a tangible/physical asset being traded”) within a portfolio, with a focus on opportunities for U.K. based institutional investors, especially pension schemes. It begins with a brief survey of the field. Real assets include: Property funds. The […]
Gary Shilling Is Betting Against Dalio, Gross And Gundlach
A good piece over at the Globe & Mail has economist Gary Shilling sharing some of his best and worst calls through the years. He’s a macro analyst, not a stock picker. And it was his macro view that helped him predict the end of inflation in the early 1980s and the collapse of the […]
