Author Archive: Jeremy Parkinson
In Dramatic Rebound, Euro, DAX Recover All Losses; “Is Strong Government Overrated?”
Having tumbled 80 pips to a one week low in kneejerk response to the late Sunday news that Angela Merkel had failed to form a government following the collapse of the “Jamaica Coalition” talks – when the Free Democratic Party walked out, saying the differences with the Green party were too great to bridge – both the […]
Uranium Stocks Reawaken After Cameco Cuts Production
At the end of 2016 and the start of 2017 we saw an explosive breakout in the uranium miners, but that rally flamed out and the uranium market went back into a Stage 1 base. After that failure from about May of this year until the last couple weeks, the uranium miners drifted sideways and volume dried up, […]
Difficult Times Ahead For US Polyethylene Exports As Business Models Change
This wasn’t the chart that companies and investors expected to see when they were busy finalizing $bns of investment in new US ethylene and polyethylene (PE) capacity back in 2013-4. They were working on 3 core assumptions, which they were sure would make these investments vastly profitable: Oil prices would always be above $100/bbl and […]
EURUSD: Merkel Has Failed To Form A Coalition Government
Previous: On Friday the 17th of November, trading on the euro/dollar pair closed slightly up. Despite continued pressure on the euro due to difficulties in Germany in forming a coalition government, the single currency was bolstered by a surge in demand following a retreat by traders towards safe haven assets amid new developments concerning North Korea. […]
German Coalition Talks Pressure Euro, Global Stock Markets
The euro was lower against most of its principle trading partners on Monday after German coalition talks stalled, weakening the position of German Chancellor Angela Merkel further. The euro was trading at $1.174, down 0.46 percent as of 3:04 p.m. HK/SIN on Monday. The common currency was also down 0.48 percent against the yen, to 131.49, […]
Profits Beckon In The Emerald Of The Equator
Video Length: 00:03:54 Four Pillars of GDP: Driven by private consumption Indonesia’s GDP has been growing at a rapid pace, 5% over the past year. Private consumption and investment have been the main contributors to GDP growth, while government consumption has been slightly reduced, despite the government’s big plans for infrastructure and energy investments over the […]
U.S. Dollar And Gold
Many people think that the US dollar and gold go in the opposite directions. Well, in many cases it is true but look at this chart: Source: Stockcharts.com The chart shows that taking 2008 as a starting point (financial crisis of 2007 – 2008), both instruments (gold and dollar) are significantly up: gold: 37.1% US dollar: 30.7%
S&P 500 And Nasdaq 100 Forecast – Monday, Nov. 20
S&P 500 The S&P 500 fell a bit during the trading session on Friday, as we continue to grind back and forth. Currently, I believe that the market is essentially trying to catch his breath after a significant move higher, as we have essentially gone nowhere over the last couple of weeks. I believe that […]
USDCAD Daily Analysis – Monday, Nov. 20
USDCAD stays above a rising trend line on the 4-hour chart and remains in the short term uptrend from 1.2666. As long as the price is above the trend line, the upside movement could be expected to continue and a breakout of 1.2819 resistance could take price towards 1.2916 previous high. Near-term support is at […]
Macro Mondays: Asset Allocation
I’m often asked about asset allocation and whether or not there is a correct way to go about allocating asset groups in your portfolio. Before we can answer that question, it helps to learn a thing or two about the asset allocation process in general – and that is what we will do today! To […]
