Author Archive: Jeremy Parkinson
When Will Volatility Finally Spread?
Everyone loves to talk about VIX. I guess it’s because VIX is relatively easy to trade, and even more importantly, during the 2008 Great Financial Crisis, long positions were monstrous winners. Hedge fund managers made their careers with that move. It was an amazing opportunity to make money. During the summer of 2008, the VIX […]
EUR/USD: Breakout Of The Upwards Channel Looming
Previous: On Monday the 9th of April, trading on the EURUSD pair closed up. The rate rose to 1.2330 during the US session. Currency markets were influenced by a number of factors, including tense relations between the US, Russia, and China, as well as an escalation in the situation in Syria. Additionally, the single currency was […]
Substantial Revisions To Consumer Credit, But Residual Seasonality Remains
One of main elements of the true seasonal Q1 weakness, or what has been called residual seasonality, has been the embrace of revolving credit. The Federal Reserve’s statistics for consumer credit over the last two years has displayed a pronounced trend, especially at the end of last year. Americans had, it seemed, made heavy use of […]
FOMC Minutes Will Try To Balance Between Trade Fears And Optimism On The Economy
The Federal Reserve releases the FOMC Meeting Minutes on Wednesday, April 11th, at 18:00 GMT. The document is set to unveil more details about the internal deliberations before the Fed Chair Jerome Powell raised interest rates in his first meeting at the helm. The event that took place on March 21st also consisted of new forecasts, including […]
WTI Crude Oil And Natural Gas Forecast – Tuesday, April 10
WTI Crude Oil The WTI Crude Oil market rallied a bit during the trading session on Monday, as the uptrend line has held. The $64 level above is significant resistance, but if we can break above there I think that we would then go to the $66 level. I believe that the $62 level underneath […]
The Short That Keeps On Giving?
Among the list of stock selection and trading ideas maintained at the TSI web site there was, until the week before last, a Tesla (TSLA) put option position. The position was exited — and a large profit recorded — after the stock’s recent plunge from well above $300 to the $250s. However, this stock could […]
U.S. Soybean Exports Are Fungible
Since China’s leaders appear to have adopted the “madman negotiation technique” to retaliate against the U.S. in the budding trade war between the two nations, we thought it might be interesting to look at the context of the U.S. total exports of soybeans to both China and to the world. The following chart shows the trailing twelve […]
Weekly Gasoline Price Update: Regular And Premium Virtually Unchanged
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 down less than a penny each from last week. According to GasBuddy.com, California has the highest average price for Regular at $3.51 and San Francisco, CA is the most expensive city, averaging […]
Sensex Opens Higher; Axis Bank & Tata Steel Top Gainers
Asian shares are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 1.08% while the Hang Seng is up 0.81%. The Shanghai Composite is trading up by 0.60%. Wall Street’s major indices rose on Monday as a softer stance by US policymakers on China tariffs powered a rebound from last week’s selloff. But stocks […]
Bitcoin Tanks As Asian Stocks Continue Rally
Bitcoin plummeted more than six percent in a two-hour period on Monday, hitting a low of $6,646.07 and remaining firmly under the $7,000 mark during Tuesday’s Asian trading session. Bitcoin prices are down over 52 percent since the start of 2018 and over 22 percent in the past month. The downturn has erased more than […]
