Author Archive: Jeremy Parkinson
Doc Copper/Gold Ratio About To Break Key Support?
Keeping a close eye on the ratio of Copper -vs.- Gold can be helpful in determining where interest rates are headed. If the ratio is heading lower (Copper weaker than Gold), often times interest rates will tend to fall. If the ratio is heading higher (Copper stronger than Gold), often times rates will head higher […]
Consumer Confidence Remains At 17 Year High
The latest Conference Board Consumer Confidence Index was released this morning based on data collected through November 14. The headline number of 129.5 was an increase from the final reading of 126.2 for October, an upward revision from 125.9, and remains at a 17 year high. Today’s number was above the Investing.com consensus of 124.0. Here is an excerpt […]
The Rivalry Between Canopy Growth Corp. And Aurora Cannabis Is Heating Up
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. There is a battle brewing between two of the world’s largest licensed marijuana producers and this is a development that investors need to watch. Canada has been leading the legal medical marijuana movement […]
Case-Shiller 20 City Home Price Index September 2017 Now At 6.2 % Year-Over-Year Growth
The non-seasonally adjusted Case-Shiller home price index (20 cities) year-over-year rate of home price growth grew from a downwardly revised 5.8 % to 6.2%. The index authors stated, “Most economic indicators suggest that home prices can see further gains.” Analyst Opinion of Case-Shiller HPI Many pundits believe home prices are back in a bubble. Maybe, […]
Dow Jones Industrial: Short-Term Elliott Wave View
YM_F Dow short-term Elliott Wave view suggests that the Intermediate wave (4) ended at 23204. The rally from there is unfolding as a leading diagonal Elliott wave structure. Minute wave ((i)) ended at 23464, Minute wave ((ii)) ended at 23241, Minute wave ((iii)) ended at 23599, Minute wave ((iv)) ended at 23432, and Minute wave ((v)) ended at 23616. The 5 waves leading […]
BiondVax Provides Third Quarter 2017 Financial Results And Update
NESS ZIONA, Israel, Nov. 28, 2017 /PRNewswire/ — BiondVax Pharmaceuticals Ltd. (Nasdaq: BVXV, TASE: BVXV), a clinical-stage biopharmaceutical company focused on developing and commercializing M-001, a universal flu vaccine candidate, today announced its financial results for the quarter ended September 30, 2017, and provided a business update. Dr. Ron Babecoff, BiondVax’s CEO, commented, “I am pleased that, once again we are […]
USDCAD Daily Analysis – Tuesday, Nov. 28
USDCAD failed to break below 1.2666 support and stayed in a trading range between 1.2666 and 1.2836. Further rise to test 1.2836 resistance would likely be seen. A breakout of this level could take price towards 1.2916 previous high. Near-term support is at 1.2666, below this level will indicate that the downtrend from 1.2916 has […]
The Market Making New All-Time Highs On A Daily Basis
My Swing Trading Approach I will look to add 1-2 new long positions to the portfolio should the market conditions cooperate. I will also consider adding a short position as well to hedge against a potential pullback. Indicators VIX – 2% pop yesterday, but most of its gains were wiped out. T2108 (% of stocks trading below […]
E The Euro Area Job Market Has Strengthened, But Unemployment Is Still Very High
The Euro Area unemployment rate was 8.9% in September. But of course, this average for the 19-member countries masks some very strong differences. For example, in September the unemployment rates for Germany and France were 3.6% and 9.7% respectively, while the corresponding unemployment rates in Spain and Italy were 16.7% and 11.1%. The southern tier […]
The Last Time This Happened, The World Ended…
Earlier this month, SocGen warned that U.S. equity investors are a bunch of “boiling frogs.” And no, that is not a distortion of the bank’s message. Here’s the actual quote: The parable of the boiling frog refers to how a frog in a pot can get slowly boiled alive without even realising it. The frog […]
