Adding Some Contrarianism To The Momentum Strategy
Nov 12, 2017
Jeremy Parkinson
Finance
A scholar in Moscow, at National Research University Higher School of Economics, has proposed a trading strategy that combines ‘momentum’ and “contrarian’ strategies in a way that, this scholar believes, could reap the upsides of both. The scholar, Victoria Dobrynskaya, assistant professor of finance, says that momentum strategies do produce alpha, or as she puts it produces […]
The New Xoma – A Modified Risk Way Of Investing In The Genetic Era
Nov 12, 2017
Jeremy Parkinson
Finance
You may have heard that this year’s Nobel Prize in Physiology or Medicine went to Jeffery Hall, Michael Rosbash, and Michael Young for their work in unraveling the workings of our body’s daily clock – the circadian rhythm. You may not think too much about partying all night or getting up at 2 am for […]
Stocks To Trade: TPH EMR F
Nov 12, 2017
Jeremy Parkinson
Finance
Take a look at three trading ideas to prep you for the next trading session. Long Tri Pointe Homes (TPH) Long Emerson Electric (EMR) Short Ford Motor (F)
GBP: Resilient Despite Bad News On All Fronts
Nov 12, 2017
Jeremy Parkinson
Finance
Talking Points: The British Pound has held its ground in recent days even though there has been no Brexit breakthrough and PM May’s grip on power seems increasingly tenuous. That suggests a lack of interest in selling the currency and if the bad news is now in the price it could even rally. Much will […]
“This Is Unprecedented”: JPMorgan Slams “Stunning” $8 Billion Damage Verdict
Nov 12, 2017
Jeremy Parkinson
Finance
Here’s a live transmission from the Texas courtroom where JP Morgan Chase & Co’s lawyers are asking a judge to throw out one of the largest punitive judgments in legal history. Instead, the bank’s lawyers say the $8 billion judgment should be reduced to zero. “The law and evidence do not support any claim against JPMorgan, […]
Trading Support And Resistance – Sunday, Nov. 12
Nov 12, 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 the […]
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Market Briefing For Monday, Nov. 13
Nov 12, 2017
Jeremy Parkinson
Finance
Stock market veterans might feel like they’re navigating a minefield, with conflicting influences on the political, economic and especially geopolitical stage at the moment as oil has supported the move higher; but generally because of rising tensions surrounding Saudi Arabia (and Lebanon); not at all a result of production levels or any sort of supply/demand […]
It’s The Oil, Stupid
Nov 12, 2017
Jeremy Parkinson
Finance
What matters from here, of course, is the outlook for inflation. Clients tell me that strategists fall into one of two camps – those who believe faster wage growth and the revival of the Phillips Curve is just around the corner, and those who have completely given up: they see no reason to look for […]
Canadian Dollar Battles Headwinds Ahead Of Inflation Release
Nov 12, 2017
Jeremy Parkinson
Finance
Talking Points: Oil is underpinning the Loonie but US shale supply looms. Friday’s inflation data will steer the central bank’s monetary policy for the rest of the year. The October USD/CAD high may come back into play. Fundamental Forecast for CAD: Neutral We remain neutral on the Canadian Dollar but would look closely at buying USD/CAD if oil […]
Market Commentary For Early November 2017
Nov 12, 2017
Jeremy Parkinson
Finance
The week ended with the Dow Jones closing down on Thursday and Friday. Still the week closed with the Dow Jones only 0.60% below its last all-time high made on Wednesday, far from its BEV -5% line seen in the BEV chart below. Seventeen months have passed since June 2016, when the Dow Jones last […]