Author Archive: Jeremy Parkinson
Preliminary NAFTA Deal Won’t Be Ready In Time For Pan-American Summit
The three ministers responsible for representing their respective countries during the seemingly never-ending NAFTA talks (what round of talks is this, anyway? Third? Fourth? We forget…) met in Washington on Friday for a last-minute push toward the elusive “agreement in principle” that President Trump had hoped to unveil at this week’s pan-American summit in Lima, […]
Assumptions Equal Problems
The future is tantalizing because it is both unknown and unknowable. At best, we can make educated guesses about tomorrow or next year. Sometimes, it’s actually hard to understand what happened in the past, much less to chart how the future might unfold. The problem is that some guesses are more educated than others, and […]
E Market Briefing For Monday, April 9
Repercussions – Fed Chairman Powell’s realistic and balanced assessment on credit and rate plans, along with Treasury Secretary Mnuchin’s very diplomatic way of handling gotcha-type questions in an extended interview; only briefly swayed the market to rebound; before succumbing and moving to newer lows for the session. Do know that the market did NOT hold […]
5 Things Facebook Must Do Now
Mark Zuckerberg will testify before Congress on April 11. It’s going to be a big day for Mark. It’s going to be an even bigger day regarding the future of data-driven advertising, data-driven marketing, and data-driven decision making. Because of Facebook’s scale, Mark’s testimony is likely to have an impact on how much (and what […]
Dow Breakout Stalls; Semiconductors Make Or Break
The earlier moving Dow Jones got pegged back a little as it fell inside its prior consolidation. Similar moves appeared for the S&P and Tech Averages, but as these were still range bound prior to Friday their selling was not as noticed. Markets are in a 50:50 tug-of-war between bulls and bears as these (now) […]
GBP/USD Weekly Analysis – April 8, 2018
GBP/USD stays in a trading range between 1.3711 and 1.4345. Another fall towards 1.3711 support could be expected next week. A breakdown below this level would suggest that the bullish movement from 1.1946 (Oct 7, 2016 low) had completed at 1.4345 already, then next target would be at 1.3500, followed by 1.3000. On the upside, […]
A Retest Of The Low?
Conditions appear to be favorable for a re-test of the low in about a week. A cluster of cycles due to bottom in that time frame should bring about enough downside pressure to extend the decline which started on Friday. The Point & Figure chart pattern can also be interpreted as capable of projecting a […]
Forex Forecast: Pairs In Focus – April 8, 2018
The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits. Each week I am going to analyze fundamentals, sentiment and technical positions in order to […]
4 Solid Insurance Picks: Can These Continue The Bull Run?
As the year 2018 set in, the insurance industry started to witness the wheel of fortune turning in its favor with the rising interest rates, improving economy, lower-than-expected catastrophe loss (as compared to 2017, which emerged as the costliest year in terms of catastrophe loss) as well as a noteworthy tax reform effective Jan 1, […]
How Our Tracking Portfolios Did In March
Investing is for the long term. Wealth is built not from short-term trades, but from following sound strategies and keeping costs low over a lifetime of investing. That said, it is important that we keep score. It is also interesting to see what short-term trends are developing in the market, and how both our mechanical […]
