Author Archive: Jeremy Parkinson
So Much For Fiscal Probity
House adopts Senate budget… The budget will allow Republicans to pass a tax overhaul that adds up to $1.5 trillion to the deficit through a process known as reconciliation, which only requires 51 votes to pass in the Senate. Here’s the implications for debt: Source: Committee for a Responsible Federal Deficit (Oct. 18, 2017). In other […]
What Pain DB
Deutsche Bank’s CEO John Cryan warned that the bank’s quarterly results for Q3 would be no better than those produced in the two disappointing quarters prior. He has been proved by the bank’s reported results to have been optimistic. Trading revenue fell an alarming 30% year-over-year, with DB joining the rest of Wall Street in […]
Stocks To Trade: F, APC, ZTS
Friday’s stock picks Take a look at three trading ideas to prep you for the next trading session. Long Ford Motor (F) Long Anadarko Petroleum (APC) Short Zoetis (ZTS)
Sensex Up 100 Points; FMCG Stocks Witness Buying
Stock markets in India are presently trading marginally higher. Sectoral indices are trading on a positive note with stocks in the healthcare sector and FMCG sector witnessing maximum buying interest. Telecom stocks are trading in the red. The BSE Sensex is trading up 100 points (up 0.3%) and the NSE Nifty is trading flat. The BSE Mid Cap index is trading up by 0.5%, while the BSE Small Cap index […]
The Parade Passing By
DOW + 71 = 23,400 SPX + 3 = 2560 NAS – 7 = 6556 RUT + 3 = 1497 10 Y + .01 = 2.45% OIL + .63 = 52.81 GOLD – 11.00 = 1267.20 Cryptocurrency Number of Currencies: 879 Total Market Cap: $172,874,344,662 24H Volume: $3,346,529,813 Top Cryptocurrencies Name Symbol Price USD Market Cap Vol. […]
China’s New Leadership, Grand Strategy And Policies
After the 19th Congress, Xi’s China is preparing for a new roadmap domestically and internationally. This is Dr. Dan Steinbock’s in-depth analysis of China’s critical changes that will shape the world economy until 2022 – and beyond. As the 19th National Congress of the Chinese Communist Party (CPC) opened in Beijing, General Secretary Xi Jinping […]
USD Enjoys A Taylor-ed Rally – Updates On 5 Pairs
The US dollar is on a roll, and not only against the Draghi-dragged euro. The greenback is rising across the board and one of the main reasons is the upcoming nomination of a Fed Chair. We do not have a definite name just yet, but there are reasons to suspect it will be John Taylor. […]
Stock Market Sentiment Surges
Funny things can happen when you mix human psychology with greed and constant stimulus. The seemingly straight-line march upward in the S&P500 has triggered a rise in bullish sentiment as a great migration is underway from neutral sentiment to bullish sentiment. When investors are faced with almost consistently rising stock prices, and the constant news/noise from social […]
German Import Prices Rise To 4-Month High In September
German import prices climbed faster than expected last month, following the surged in global oil prices. The Import Price Index rose 3 percent year on year in September, up from 2.1 percent in August and better than the 2.6 percent gain expected by most experts. On a monthly basis, import prices climbed 0.9 percent after […]
EUR/USD Bearish Breakout Targets 38.2% Fibonacci At 1.15
EUR/USD 4 hour The EUR/USD broke below the support trend line and zone (dotted blue) yesterday when the European Central Bank (EBC) president Draghi was announcing the continuation of the Quantitative Easing program. The Euro reacted bearishly and fell against the USD, which invalidated a larger bullish correction and makes a continuation towards the 38.2% […]
