Author Archive: Jeremy Parkinson
GBPUSD Weekly Analysis – December 3, 2017
GBPUSD extended its bounce from the rising trend line on the daily chart to as high as 1.3549. A further rise to test 1.3657 resistance would likely be seen next week. A breakout of this level will confirm that the uptrend from 1.1946 (Oct 2016 low) has resumed, then the next target would be at […]
Trading Support And Resistance – Dec. 4
This week we’ll begin with our monthly and weekly forecasts of the currency pairs worth watching. The first part of our forecast is based upon our research of the past 16 years of Forex prices, which show that the following methodologies have all produced profitable results: Trading the two currencies that are trending the most strongly over […]
‘Tis The Season For Giving
Holiday season is in full swing, and that means it’s the prime time period for giving. The stock market has provided its fair share of giving to investors in the form of a +2.7% monthly return in the S&P 500 index (up +18% in 2017). For long-term investors, stocks have been the gift that keeps on giving. […]
Japanese Yen: Leading Risk Indicator For Global Markets Is Neutral, What Does It Spell For 2018
What is the outlook for global markets? That is the million dollar question of course. InvestingHaven’s methodology says that there are a couple of leading indicators, one of them being the Japanese Yen, one of the classic safe havens (read more in our safe haven forecast for 2018: watch the correlation between gold and the Yen ). […]
Some Classic Short-Sale Candidates Get Even Better
Six months ago, recreational vehicle sales were booming and the companies making those expensive, gas-guzzling rolling houses were riding high. See The Perfect Crash Indicator Is Flashing Red. And now? Same story, even bigger numbers – but with a decidedly more skeptical treatment in the media: (Wall Street Journal) – For anyone who has gotten stuck […]
PwC Becomes First “Big Four” Firm To Accept Payment In Bitcoin
Regulators may be skeptical of the burgeoning ICO market, where outright fraud isn’t uncommon, but that isn’t stopping some of the world’s largest audit and consulting firms from trying to win their business. PWC revealed that it will begin accepting payment for its consulting services in bitcoin because it is increasingly working with startups in […]
Global Equity Markets On Edge As Uncertainty & Volatility Spike
Talking Points: U.S. stocks reacted violently on Friday to Flynn/Trump headline; next week we have jobs data on Friday DAX hanging on by a thread, looking lower in the week ahead; no major data on the docket FTSE weak and in need of support, or else in danger of dropping a good distance lower S&P 500 On Friday, […]
Christmas Rally Coming Early
What the “heck” was that? This past week seemed to be the story of Christmas coming early. Earlier this week the markets surged higher on hopes that “Ole’ St. Tax Cuts” would soon be here. But that dream seemed to be short-lived on Friday, at least at the open, as General Mike Flynn seems to embody the “Grinch”trying to steal […]
Google Search Trends Confirm The Bitcoin Run-up
I am a fan of using Google Trends for understanding the dynamics of financial markets. I have specifically used it in the past for analyzing extremes in sentiment and trading on gold. Given Bitcoin’s latest historical surge – this time through $11,000 – I wondered whether Google (GOOG) searches were increasing alongside the price of Bitcoin. […]
The True Path To Prosperity
It’s often thought that Democrats care about fairness and not economic growth, while Republicans care about growth even at the cost of some fairness. Rubbish. Growth and fairness aren’t opposites. In reality, Democrats are the party of economic growth and fairness. Republicans are the party of neither. The only way to grow the economy is by investing […]
