Author Archive: Jeremy Parkinson
Is Blockchain Stock BTL Group (BTL.V) Still A Buy In 2018?
Blockchain stock BTL Group, symbol BTL.V, trading on the Toronto Junior exchange (TSXV) continues its great ascent. The stock achieved our forecast of $9 which we did more than 6 months ago in this blockchain stock BTL Group forecast. Where from here? Readers are asking us whether this stock is still a buy after it tripled […]
Top Distribution Starting
Last week was a period of high volatility. Some will say it was news related, and they will be right. But it is also something that normally happens when cycles are peaking, and the news items which affect market prices in this manner are referred to as “catalysts”. This coincidence is a natural phenomenon and […]
OPEC Doubles Down On Success Story In Process As WTI Approaches $60
Fundamental Forecast for USOIL: Bullish Talking Points: OPEC and strategic alliances agree to extend production cuts to end of ’18 from March 18 Strong trend shows struggles around $64.65 (Brent), $59 (WTI) Per BHI, U.S. Oil Rig Count rises 2 to 749, third rise in four weeks IGCS showing net-short retail positioning in WTI – US […]
Generational Chance To Sell Equities?
Are tax cuts the final carrot in the free money episode we have witnessed over the last eight years? Sven Henrich at the NorthmanTrader has an excellent article on The Carrot Top. Henrich notes we have had 13 straight months of up in the global equity markets. However, central banking liquidity game has peaked and is […]
As Bitcoin Surges To New Record, Meet ‘Bubble Burst’, The App That Warns You Before A Crypto Collapse
As Bitcoin Surges To New Record, Meet ‘Bubble Burst’, The App That Warns You Before A… https://t.co/MRvsTFJDIJ pic.twitter.com/xzMlSqDNyN — Walter White (@heisenbergrpt) December 3, 2017 So that tweet was posted a little over a day ago and while it hasn’t hit $30,000 yet, allow us to officially say we’re no longer “really disappointed” with everyone’s […]
Let’s Make A Deal
I might be dating myself, but what is happening in Washington reminds me of “Let’s Make a Deal,” one of the longest running TV game shows. This week’s market action was dominated by two big deals. First, the Senate deal on Taxes (including several special side deals) and secondly, Flynn’s guilty plea deal with Mueller. The […]
USD/JPY Recovers – Forecast Dec. 4-8 2017
Dollar/yen finally found its footing and began recovering. The USD enjoyed a potent mix of good data, positive comments from Fed officials and upcoming tax cuts. The yen did not manage to ride on fears from yet another North Korean missile test. Will it continue higher? Update: The Senate approved the bill by 51 to 49. […]
A Primer On The Bear’s Eye View
Back from my two week break and nothing much has changed: Dow Jones continues advancing Gold is range bound at current levels since the beginning of October The Dow Jones broke above 24,000 this week on Thursday. It was trading in the 23,000 range only since October 18th, a month and a half back. What’s […]
E Market Briefing For Monday, Dec. 4
‘Epic chaos’ on Monday roiled markets dramatically; but notably primary uptrends in the S&P or any other major index, were NOT broken as of yet. Much developed after the close, including ABC News recanting their story that ignited the fury (a ‘clarification’ as they called it); with a world of serious difference from what […]
November MLP Fund Flows Overwhelm Fundamentals
In a single week in mid-November, from the 15th to 22nd, $317 million flowed out of MLP mutual funds. It was an extraordinary exit over such a short period, second only in recent history to the first week of December 2015, when $340 million bolted. That was a time when every seller was motivated while buyers were scarce. […]
