Author Archive: Jeremy Parkinson
Banks Again Defending Silver’s 200-Day Moving Average
The Bullion Bank trading desks, which are routinely short thousands of metric tonnes of digital silver, are once again attempting to keep price below the 200-day moving average. And why is this so important to The Banks? For the most basic reasons of all… greed and profit. The only data available to measure the size […]
October Exports Down 1% Imports Up 1.5%: Expect Trump To Howl
The balance of trade deficit increased sharply in October with exports down and imports up. In October, the Census Bureau reported the trade deficit widened by 2.5%, with exports down 1.0% and imports up 1.5%. From a year ago, exports are up 5.5% and imports are up 7.1%. These numbers will subtract a couple ticks […]
The Circle Of Crypto
The world feels fairly surreal sometimes. I watch the relentless rise in price of bitcoin, ether, litecoin, and brethren, and feel it’s just a truly weird moment we’re living in. I’ve never seen assets rising 1000% of, in ether’s case, 5000% in a year. It’s crazy. Alongside this, I see exchanges being hacked on a […]
Most Thai Banks Have NPL-To-Net Loans Above The Global Average
Four large Thai banks: KTB, BBL, KBANK, and SCB all have an NPL-to-net loans ratio above the world. KTB and BBL appear cheapest on a price-to-book basis, this is partially driven by higher NPLs, BBL is likely able to absorb those more easily. *NPL is Nonperforming loan. KKP=Kiatnakin Bank, CIMBT=CIMB Thai Bank, KTB=Krung Thai Bank, […]
Short Interest Report – Tuesday, November 28
Short interest figures for the middle of November were released after the close on Monday, so we have just updated our regular report on short interest trends for the market, sectors, and individual stocks for clients. Below we wanted to quickly highlight the stocks with the highest levels of short interest as a percentage of […]
Bitcoin Futures, Elon Musk And Michael Novogratz
If there’s one thing you count on with Bitcoin, it’s that the cryptocurrency is never dull. The week, the value of Bitcoin has exploded to a record high. At the time of writing, the price as shown by Coindesk is just under $9,900, near the psychologically important $10,000 level for the first time. In overnight trading, the […]
Overcapacity Or Opportunity? 2 Retail REITs To Bet On
The end of Cyber Monday, a day which witnesses the single largest volume of online purchases, is possibly a good time to take stock of e-commerce’s fortunes. Fresh estimates from Adobe Systems Inc. (ADBE) indicate that expenditure via the e-commerce route registered a near 17% increase to hit $6.6 billion this Cyber Monday. In fact, […]
Dollar Recovering Its Losses In Europe
On Tuesday the 28th of November, during trading in Europe, the euro and pound were both trading down against the US dollar. After a failed recovery, the pound dropped from 1.3357 to 1.3287 (-70 pips), while the euro dropped from 1.1920 to 1.1875 (-45 pips). This is the market readjusting itself after the US dollar’s recent […]
Crude Oil – Tuesday, November 28
Nice rebound from first Fibonacci confirms prevailing bullishness. Source: INVESTING.com
Oil Price Comes Into Focus As The OPEC Meets
The Organization of Petroleum Exporting Countries or OPEC meet this week on November 30 in Vienna, Austria for the 173-rd OPEC meeting. The event will see Russia, the largest non-OPEC nation joining hands with Saudi Arabia in deciding about extending the production cuts. OPEC first agreed to curb production in 2016, marking the first oil cut in […]
