Author Archive: Jeremy Parkinson
Blockchain Makeover Of A Dog Penny Stock
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Blockchain can sure blow smoke in your face mistaking a dog for a super model, at least in the case of Long Island Ice Tea Corp (LTEA) now rebranded to Long Blockchain (LBCC) […]
Sentiment Survey: Furious Bulls
The latest weekly sentiment/positioning survey on Twitter revealed a continuation of some very interesting trends and a new record in bearish sentiment on bonds and a highest-equal bullish reading for stocks. If you thought that was interesting, the detail only gets better. For a copy of the survey historical data click here. Note, the survey asks respondents if […]
The Three R’s Of Effective Regulatory Reform
With tax cuts now a done deal, Republicans are turning to regulatory reform to give economic growth a further boost. There, they may find more bipartisan support. Past reforms of airlines, rail, and trucking regulation were, after all, set in motion by Democrats. Today, there is significant Democratic support for reform of financial regulation, especially as applied […]
Long-Term Trends Reversing – Gold, Oil, Dollar, Euro, Yen
Commodities and currency markets review. Video Length: 00:13:03
Bitcoin Forecast – Tuesday, Jan 9
BTC/USD Bitcoin fell against the United States Dollar during the trading session on Monday, as traders came back to work. It looks likely that the market could continue to drift a bit lower, but as you can see on the daily chart, I have formed a bullish flag that could happen. If we can break […]
World Debt Is Rising Nearly Three Times As Fast As Total Global Wealth
Some nasty dark clouds are forming on the financial horizon as total world debt is increasing nearly three times as fast as total global wealth. But, that’s okay because no one cares about the debt, only the assets matter nowadays.You see, as long as debts are someone else’s problem, we can add as much debt as […]
DAX Elliott Wave Analysis: Ending 5 Waves
DAX short-term Elliott Wave view suggests that the Index ended Intermediate wave (X) pullback at 12731.46. The rally from there is unfolding as a 5 waves impulse Elliott Wave structure where Minutte wave (i) ended at 12943, Minutte wave (ii) ended at 12881.5, Minutte wave (iii) ended at 13408.5, and Minutte wave (iv) is supposed to complete at 13328.5. […]
AUDUSD Daily Analysis – Tuesday, Jan 9
AUDUSD extended its upside movement from 0.7501 to as high as 0.7874. Near-term support is at the bottom of the price channel on the 4-hour chart. As long as the channel support holds, the uptrend could be expected to continue and next target would be at 0.7950 area. On the downside, a clear break below […]
Weekly Gasoline Price Update: WTIC Up 2.3%
It’s time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium were unchanged from last week. According to GasBuddy.com, Hawaii has the highest average price for Regular at $3.21 and San Francisco, CA is the most expensive city, averaging $3.27. Oklahoma has the cheapest […]
