Author Archive: Jeremy Parkinson
Triangular Tragedy
Six thousand dollars. That’s the only figure the entire crypto world has to keep in mind. Break it, Bitcoin, and it’s the end of the world. You can practically hear the snare drums in the background. If you want a real-life example of what happens when support breaks, look no farther than LiteCoin, which has already met this […]
Ten Reasons Why Apple Is Still Going To $220
Here it is mid-June, and Apple is already closing in on my 2018 target of $200. Indeed, with a market capitalization today of $930 billion, Apple (AAPL) is on the verge of becoming the world’s first $1 trillion publicly traded company. And here’s the really great thing about this year for Apple bulls. If you […]
E Stock Of The Week: Adobe Systems Incorporated
Adobe (ADBE) continues to beat expectations. Let’s look at the number and see why this stock is up over the past 5 years. Video Length: 00:06:22
Week Review: Stocks Fall On Trade Jitters Again (Dow 8 Day Losing Streak)
Weak Day Across The Board For Stocks The past few days saw the Dow fall while the Russell 2000 rose. It has been an interesting situation leading up to Thursday because if all the major indexes were to rally, then the Russell 2000 would be massively overbought. If they all fell, the Dow would be […]
No Bounce Back In The Metals This Week… Should We Be Concerned
Doc wraps up the commentary today with a focus on PMs. After the sell-off last Friday many bulls were looking for a bounce this week. It didn’t happen as the metals simply moved sideways. What does this mean for the overall PM sector moving forward? Listen in to find out. (Audio length 00:07:03)
Gold Joins The Global “Death Cross” Procession
While US mega-tech stocks support the belief that all is well for many Americans, a glance around the world and this thing is seriously hitting the fan… Downtrends are everywhere and ‘death crosses’ are popping up in asset classes from Chinese stocks to global Systemically-Important Banks and most recently gold… The crossing of the 50-day moving […]
Trump’s Fascinating Economic Experiment (That Might Just Be Working)
I am going to get a little bit political here so try not get your panties in a bunch over these comments. I am trying to be objective and apolitical which is becoming an increasingly difficult thing to do these days. That said, I want to be clear that I don’t like Donald Trump personally. […]
USD: How Does The Escalating Trade War Impact The Greenback?
Global markets were thrown into flux once again when (yet again) US President Donald Trump poured gasoline on the simmering “Trade War” fire. This morning, Trump tweeted that “if [EU trade tariffs] are not soon broken down and removed, we will be placing a 20% Tariff on all of their cars coming into the U.S. Build them […]
This Week In Crypto – Friday, June 22
Down We Go We’re still trending downward, folks. It was looking last night like we might close this week out on a green candle. But that was before Bitcoin shed about $600, dragging the rest of the market down with it. Currently, crypto’s overall market cap is resting in the realm of $258 bln, a 7% decrease […]
GBP: Bullish Momentum Aided By Hawkish Bank Of England
Fundamental Forecast for GBP: Bullish The latest Bank of England voting pattern took the market by surprise with the central bank’s chief economist turning hawkish, changing the vote intention pattern to 6-3 from a previous – and expected – 7-2. In addition, the MPC said that they would consider beginning winding down the total QE stock […]
