Author Archive: Jeremy Parkinson
Palladium Rally Driving Other Metals Moves?
Many months ago we made an interesting call in Palladium and alerted to this setup on January 24th, 2018. This nearly perfect call included our future price expectations using our advanced ADL price modeling system. Today, we are refreshing that call with a new market call to inform you that our price prediction has played out […]
Blueprint Sinks, Loxo Rises After Trial Data On Potential Solid Tumor Treatment
Shares of Blueprint Medicines (BPMC) are sliding after the company reported data over the weekend regarding its early-stage candidate in RET-altered tumors. This morning, both Wedbush and JMP Securities raised their price targets on the stock, while Morgan Stanley analyst Matthew Harrison upgraded competitor Loxo Oncology (LOXO) to a buy-equivalent rating as he believes the […]
February 2018 Headline Business Sales Declined, Inventories Grew
Econintersect‘s analysis of final business sales data (retail plus wholesale plus manufacturing) shows a slowing in the rate of growth. Inventory levels are very high and do not correlate to times of economic expansion. Analyst Opinion of Business Sales and Inventories Inventories remain elevated this month. Our primary monitoring tool – the 3 month rolling […]
Weekly Technical Perspective On NZD/USD, GBP/USD And EUR/NZD
In this series, we scale-back and take a look at the broader technical picture to gain a bit more perspective on where we are in trend. Here are the key levels that matter on the weekly charts for the NZD/USD, GBP/USD and EUR/NZD. NZD/USD WEEKLY PRICE CHART Notes: Last month we noted that the New Zealand Dollar had,“continued […]
Tesla’s Storm Clouds
Just to make sure you don’t miss it,please note there is an open plea for people to test the new site, so please read the post if you didn’t. Over the long haul, there’s no arguing that Tesla has been anything but an incredible stock, having moved up many, many hundreds of percent: Shorter-term, however, things are […]
Trader: ‘Investors Know Central Banks Are Just As Deeply Into These Trades As They Are’
Remember what I said last night? No? That’s ok, I wouldn’t either were it not for the unfortunate circumstances that forced me to give up Balvenie forever. But for those who are still free to imbibe and thus perhaps prone to forgetting what was and wasn’t said on Saturday and Sunday evenings, here was our assessment of […]
Bullish Setups For The Week Before Us
Trade fears have tapered some, and the US response to the Syria chemical attack has take place, and the market is trading higher today. Honestly, if you had to pick a time for a missile strike, Friday night would have been the most preferable time for the stock market. You avoid that massive knee-jerk reaction […]
GDPNow Forecast Slips Slightly Despite Retail Sales Rebound
Despite a rebound in retail Sales the GDPNow forecast slips to 1.9 percent. Real final sales are 0.9 percent. Those expecting today’s retail sales bounce would drive up GDP estimates thought incorrectly. The GDPNow Forecast dipped slightly today. GDPNow Latest Forecast: 1.9 Percent – April 16, 2018 The GDPNow model estimate for real GDP growth (seasonally adjusted […]
4 Stocks To Buy As Chinese Economy Remains Resilient
The world’s second-largest economy China has been growing by leaps and bounds for the past one year. Further, the Asian Development Bank stated in a report on Apr 11 that China would keep growing more than 6% in 2018 as well as 2019. The recent shift of focus from manufacturing to services has been pivotal […]
