Author Archive: Jeremy Parkinson
E An SPX Decline Below Cycle Top Suggests Rally Over
VIX declined to make a double right shoulder to match the double left shoulder of a potential Head & Shoulders formation. The Moving Averages are so low that it may take a break of Long-term resistance at 10.93 to generate a buy signal. A breakout above the Ending Diagonal trendline suggests a complete retracement of […]
Here Are The Key Levels In Gold & Gold Miners
The rally in Gold and gold mining stocks easily surpassed our expectations and targets. The strength has been far more than we anticipated. The gold stocks blew past their 200-day moving averages while Gold blew past $1300/oz. Now it is time to take a technical look and focus on the key support and resistance targets. […]
Weekly Research Report Vol. 6 : Global Markets
HIGHLIGHTS: Dow Jones Industrials hits key 25,000 price level, with its eye on both 27,500 and 29,400. US Dollar Index signals a long-term bear market, but for the short-term it may experience a counter-trend rally. Inversely, commodities (CRB) have had a spectacular bull run, but now point to a short-term pullback to 440. Oil has risen to anticipate geometric resistance of […]
Forex Metrics And Chart Week 2 / 2018
The Top 10 of the Ranking and Rating list for the coming week shows the following stronger currencies being well represented for going long: the NZD(4X) followed by the CAD (3X) and the AUD(2X). The weaker currencies are the JPY(4X) followed by the USD(3X) and the CHF(2X). By diversifying a nice combination can be traded in […]
Hussman Questions Grantham’s “Melt-Up” Thesis
Value investor Jeremy Grantham suggests “Bracing Yourself for a Possible Near-Term Melt-Up”. Grantham’s 13-page synopsis Bracing Yourself for a Possible Near-Term Melt-Up suggests the bubble will burst and the consequences devastating, just not yet. His key reasons center around an expected 3.5 year window that is typical of other bubbles coupled with advance decline ratios and acceleration […]
South Korea Launches Unprecedented Investigation Into Cryptocurrency Exchange Accounts
As anyone who follows the cryptospace knows, South Korea is in many ways on the front lines both in terms of trading and in terms of regulatory pushback. Last month, Bloomberg ran a piece called “A Bitcoin Frenzy Like No Other Is Gripping South Korea,” which detailed some of the reasons why Koreans seem so […]
Global Stock Markets Start Year Strong; Follow-through In Week 2?
Talking Points: S&P 500 off to strong start, could use a breather to work off overbought conditions; dips viewed as potential buying opportunities. DAX rallied sharply last week after initial weakness, looking to challenge record highs soon; a couple of key events on the docket, political concerns FTSE is solid as long as it continues to stay above 7550/600, […]
Key Ratios – Emerging Megatrends 2018
In 2017, commodity prices slumped to a 50-year low compared to US stocks. Over the last 100 years, that low ratio happened only twice. And as we begin 2018, the SPY continues to increase in value. Do commodities love a crisis? War, financial meltdowns, environmental disasters, coups – these are the top reasons commodities rally […]
Why Global Stock Markets Will Outperform U.S. Stocks In 2018 And Beyond
InvestingHaven’s research team is on record with this 2018 stock market forecast: global stock markets will (largely) outperform U.S. stocks in 2018 and beyond. This is not only confirmed by the Emerging Markets New Major Bull Market 2018 Confirmation but also by the indicator which is shown on the chart below. The indicator which is the basis […]
