Author Archive: Jeremy Parkinson
Junk Bond ETFs Have Rough Two Weeks: Deals Pulled, Outflows Rise
Volatility has returned, at least in the junk bond market. JNK, the Barclays High Yield Bond ETF, and HYG, the iShares High Yield Bond ETF, both had the steepest decline in three months. Is this another buy the dip opportunity, or is risk avoidance about to take hold? Cracks Widen Reuters reports U.S.Junk Bond Sector Ends […]
Again We Find Gold Again Boxed-In Again
In wrapping up last week’s missive we simply wrote: “As to what we see for Gold in the new week: not much.” What did we get? Not much. Not that a net change for the week of 0% is nothing, given Gold’s having to endure a micro-crash yesterday (Friday) before settling out the week at 1276. ‘Twas the […]
Weekly Economic & Political Timeline – Sunday, Nov. 12
This week will see a heavier news agenda, with the key items coming as U.S. economic data releases. There is no Central Bank input scheduled, although the heads of several major Central Banks will be making public comments. The market will probably be most active on Wednesday and Thursday. It is a public holiday in […]
Oil, Commodities And A Royal Flush
Excluding the Nasdaq 100 (QQQ), US equities markets tapped (not hit) the brakes this week, ending a two-month positive weekly run for the Dow Industrials. The small caps (IWM) sold off the most -1.36% while. Nasdaq continued to defy gravity ending the week up +.27%. Most telling was that the modern family continues to be under the […]
EUR/USD Weekly Analysis – Sunday, November 12
EUR/USD stays below a descending trend line on the daily chart and remains in the downtrend from 1.2092. As long as the price is below the trend line, the bounce from 1.1554 could be treated as consolidation of the downtrend, and further decline towards the resistance-turned-support trend line on the weekly chart is still possible. On the […]
Top Analysts Are Betting On These AI Growth Stocks
Facebook and Micron are among the favorite ways to play the boom in artificial intelligence, according to top technology analysts. The analysts were identified by looking at the average return of their recommendations and their success rate in those calls, as tracked by TipRanks, a Wall Street analyst database. Here are five favorite AI stocks recommended by […]
Weekly Trading Forecast: Volatility Ahead On Key Data, US Tax Cut
Financial markets look set for another volatile week as top-tier economic data flow amplifies price swings driven by speculation about US fiscal policy. US Dollar Forecast: Yellen, Key Data May Boost Politics-Driven Volatility Politically inspired US Dollar volatility may be compounded by a high-profile speech from Fed Chair Janet Yellen as well as the release of CPI […]
Weighing The Week Ahead: The Millennial Effect On The Housing Market
The economic calendar includes many reports, but few of the most important. I expect the housing market to attract attention. There are several relevant releases on tap, and the sector is especially important. Some will take up a special slant, asking: Will Millennial buyers extend the housing market rebound? Last Week Recap In the last edition […]
ETF Watchlist: Week Of November 13, 2017
This past week, I read an article about UBS’ take on where the market is heading over the next 12 months or so. UBS is forecasting another 9% gain for the S&P 500 in 2018, which would mark the 10th straight year of positive returns if true. Also discussed were two of the biggest fears gripping Wall […]
Trading Cocoa: The September Confirmation Of A Bottom
Congratulations to any of you who stuck by the iPath Bloomberg Cocoa SubTR ETN (NIB) and accumulated over the course of 2017 as cocoa prices slowly but surely carved out a bottom. Looking back, it seems September was a key turning point in the flavor of the trading. The iPath Bloomberg Cocoa SubTR ETN broke […]
