Monday Morning Kickoff: A Market Priced To Perfection
Dec 03, 2017
Jeremy Parkinson
Finance
Last week we closed the books on November and turned the calendar to December, thereby kicking off the seasonal race to the holidays and closing out the year. For November, all the major market indices closed up between 2.2%-3.8%, with the highest being the Dow Jones Industrial Average and the lowest the Nasdaq Composite Index. […]
Apple Set To Witness A “Super Long Cycle” Per Piper Jaffray
Dec 03, 2017
Jeremy Parkinson
Finance
Apple Inc’s (AAPL – Free Report) radically overhauled iPhone X was anticipated to be a super cycle and it seems like it is turning into one. Going a step ahead, Piper Jaffray analyst, Michael Olson in his research titled “Why AAPL Can Keep Working: ‘Super Cycle’ Is Now ‘Super Long Cycle” has stated that, “this could well […]
GBPUSD Weekly Analysis – December 3, 2017
Dec 03, 2017
Jeremy Parkinson
Finance
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
Dec 03, 2017
Jeremy Parkinson
Finance
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
Dec 03, 2017
Jeremy Parkinson
Finance
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
Dec 03, 2017
Jeremy Parkinson
Finance
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
Dec 03, 2017
Jeremy Parkinson
Finance
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
Dec 03, 2017
Jeremy Parkinson
Finance
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
Dec 03, 2017
Jeremy Parkinson
Finance
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
Dec 03, 2017
Jeremy Parkinson
Finance
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 […]