Author Archive: Jeremy Parkinson
Cyclical Companies Are 29% Of The Thai Market
The Thai market is heavy in Materials and Energy, the sectors account for 29% of the total market cap India, China, and Indonesia are heavier in these two sectors relative to Asia ex Japan as well Hong Kong, Philippines, and Singapore have low weight
Did Corn Just Pop Its Last Kernels?
Just a week and a half ago I was pointing to a promising breakout for Teucrium Corn ETF (CORN). That move turned out to be the top of that rally. After a promising breakout, Teucrium Corn (CORN) plunged back through its 200DMA. Can the now uptrending 50DMA hold as support? Source: FreeStockCharts.com I am still holding my core […]
QTUM Jumps 42% After Binance Adds Its BNB And USDT Crosses
Cryptocurrencies made a comeback on Monday, but the clear winner was QTum, which saw a 42.39% gain by the end of the day, as calculated by CoinMarketCap. Qtum is the 18th largest cryptocurrency by market cap, priced at $17.79 at the time of writing. One of the key drivers of its gains on Monday could […]
BTC/USD And BTC/JPY Forecast – Tuesday, March 20
BTC/USD Well, Bitcoin tried to rally during the day on Monday, but as you can see is starting to roll over already. At some point, it looks as if we will continue to see selling pressure every time we rally, so I think that the market will eventually try to break down to a fresh, […]
Indian Indices Trade Higher; IT Stocks Witness Buying
After opening the day on a flat note, stock markets in India witnessed buying interest and are presently trading marginally higher. Sectoral indices are trading on a mixed note with stocks in the IT sector and consumer durables sector witnessing maximum buying interest. Metal stocks are trading in the red. The BSE Sensex is trading up 100 points (up 0.3%) and the NSE Nifty is trading up […]
EURUSD: Return To The Balance Point Would Be Nice After A Phase Of Growth
Previous: On Monday the 19th of March, trading on the dollar closed down. As the dollar declined across the board, the euro recovered to 1.2356. The British pound was a driving force on the currency market yesterday as it strengthened against the dollar following news that a transitional deal has been reached on Britain’s exit from […]
Oil Prices Continue Rising
Oil prices extended their gains on Tuesday, boosted by continued tensions in Venezuela and renewed tensions between Iran and Saudi Arabia. Despite the price increases resulting from global concerns, the rise was capped by continually increasing output in the United States, Brazil and Canada which is negating the efforts made by OPEC to limit production […]
Chart Of The Week: DM ERP
This week the “Chart of the Week” shows the equity risk premium across a couple of key developed economy stock markets. The equity risk premium provides a unique perspective on valuation, which brings in not just what’s going on with absolute valuations but also reflects the opportunity cost or trade-off vs less risky assets. This […]
UK Inflation, Jobs And BoE In Focus
The week ahead turns out to be a busy one with UK inflation, jobs and BoE coming into focus. According to the median estimates, UK’s inflation rate is expected to rise at a slower pace of 2.8% for the month of February. This marks a slower pace of increase compared to the 3.0% increase seen in […]
USDCAD Daily Analysis – Tuesday, March 20
USDCAD remains in the uptrend from 1.2803, the fall from 1.3124 is likely consolidation for the uptrend. Support is now at 1.3040. As long as this level holds, the upside movement could be expected to continue and next target would be at 1.3200 area. On the downside, a breakdown below 1.3040 support would suggest that […]
