Author Archive: Jeremy Parkinson
EUR/USD: Is Rally Nearing An End? – Credit Agricole
EUR/USD rallied and topped 1.20, staying there for quite a while. It now seems that it is finding it hard to hold onto these levels. Is it on its way down? Here is the view from Credit Agricole: Here is their view, courtesy of eFXnews: Credit Agricole CIB FX Strategy Research discusses the EUR outlook […]
Pandora Slides As Former Bull Cuts Rating, Halves Price Target
Shares of Pandora (P) are sliding after Morgan Stanley analyst Benjamin Swinburne downgraded the stock to Equal Weight from Overweight as he believes growing ad revenue in 2018 is no longer a given as the company faces engagement and monetization challenges. Moving to the sidelines In a research note to investors this morning, Morgan Stanley’s […]
Monetary Policy Madness?
In a recent newsletter John Mauldin wrote: “It is monetary policy madness to raise rates and undertake quantitative tightening at the same time.” However, this is exactly what the Fed plans to do in 2018. Has the Fed gone mad? If mad is defined as diverging in an irrational way from normal practice then the answer to […]
Canadian Dollar Extends Gains, US Dollar Eyeing Fed Comments
Talking Points: Aussie Dollar corrects lower as speculative net-short positioning swells Canadian Dollar continues to build higher after blockbuster jobs report US Dollar might find a bit of a lifeline in comments from Fed officials The Australian Dollar underperformed in Asia Pacific trade, falling against all of its top currency counterparts. A singular catalyst for the shift was not […]
Oil Prices, Global Stock Markets Look Up
Oil prices were stable during Monday’s Asian session, remaining just below last week’s levels after data showed a slight decrease in the number of U.S. rigs drilling for new production, bringing the total down by 5 rigs to 742. U.S. WTI futures were up 0.18 percent to $61.55 per barrel while Brent crude futures were […]
A Dividend Growth Investor’s Perspective On Non-Dividend Stocks
Since this is my first piece here at Sure Dividend and I’ll be focusing on a topic that can be somewhat controversial within the dividend growth community, I’d like to take a moment to introduce myself. My name is Nicholas Ward. I’ve been writing about dividend growth investing for so long that sometimes, I feel like […]
‘Camera On A Stick’ Collapses To Record Low
GoPro stock price is down over 30% this morning after a triple whammy of apparently bad news smashed the ‘camera on a stick’ company to record lows. Whammy 1: GoPro says in a filing COO Charles Prober is departing the company effective Feb. 16. Whammy 2: GoPro Inc. said it’s cutting more than 20 percent of its global workforce and putting an […]
EUR/JPY: Follows Through Lower, Eyes 134.79 Zone
With the EUR/JPY pair following through lower to decline further on Monday, more weakness is expected towards its key support located at 134.79. On the downside, support comes in at the 134.50 level where a break if seen will aim at the 134.00 level. A cut through here will turn focus to the 133.50 level and […]
The Super Cycle In Oil
More evidence that the oil super cycle is underway, oil prices are on the rise as global demand and underinvestment in new oil projects are starting to take their toll on global oil supply. There is talk of new sanctions on Iran, and Platts is reporting that Venezuela’s production hit its lowest since its oil […]
Ripple Price: Fails To Recover, Loses Second Place
After Ripple dethroned Ethereum as the second cryptocurrency in terms of market capitalization, the gap just widened and widened. Ripple’s value exceeded $150 billion and according to some calculations, its CEO became one of the world’s richest people. XRP/USD surpassed $3.30 at some point. Yet the quick ascent was followed by a quick descent. The move was […]
