Author Archive: Jeremy Parkinson
Bitcoin Price Fall After Fork, Here Is What Investors Should Know
Written by StevePrentice The emergence of bitcoin gold as a third bitcoin currency – a result of the October 24 fork, has led market watchers to once again wonder whether a remarkable year for the first-born currency, bitcoin classic (BTC) has come to a screeching halt. The bitcoin price fall that followed the fork, shook some investors and […]
USD/CAD At The Highest In 3 Months – Levels To Watch
The Bank of Canada gives, and the Bank of Canada takes away. After raising rates in two consecutive decisions, the tightening cycle screeched to a halt, or perhaps even a full stop. USD/CAD was already on the rise since it traded at the 1.20 handle after the second rate rise in September but the move from […]
Stock Analysis: Walgreen Boots Alliance
The following company analysis is about Walgreen Boots Alliance, one of the dividend aristocrats out there. In the last couple of months WBA experienced a decent drop in its share and like almost every stock in the consumer sector under performed the market. Company Overview Walgreens Boots Alliance, Inc. (WBA), formerly known as Walgreen Company, […]
The Most Active Equity Options And Strikes For Midday – Wednesday, October 25
Top Tickers for Midday, October 25th: INTC, GE, GM, BAC, JNPR, AMD, MBI, T
Are These 5 Dow Stocks As Cheap As They Appear? – Part 5
<< Read More: Why Are These 6 Dow Stocks Fairly Valued? – Part 4 << Read More: Are These The 6 Best Stocks In The Dow Jones Industrial Average? – Part 3 << Read More: The 6 Most Expensive Stocks In The Dow Jones Industrial Average – Part 2 << Read More: The 6 Most Expensive Stocks in the […]
GM Slides As Morgan Stanley Argues Auto 2.0 Expectations Too High
Shares of General Motors (GM) are slipping after Morgan Stanley analyst Adam Jonas downgraded the stock to Equal Weight on valuation as he believes investor expectations about the company’s progress in next-generation automotive technologies may have gotten a “bit ahead of themselves.” Meanwhile, his peer at Citi raised his price target on the shares on […]
E AUD/USD Can Reach Fibonacci Ratio Of 261.8
AUD/USD made a sharp and strong drop around 4th of October down to 0.7730 which we labeled it as sub-wave v of 3. As such, recent rise was seen as wave 4 correction, that found a top near the former swing high of minor wave four and near the Fibonacci ratio of 38.2. That said, […]
September 2017 Headline New Home Sales Improve
Written by John Lounsbury and Steven Hansen The headlines say new home sales improved and was well above market expectations. Our analysis also shows acceleration of new home sales. Analyst Opinion of New Home Sales This month the backward revisions were upward, but the rolling averages modestly improved. Because of weather and other factors, the rolling averages are […]
EC Life In A Low-Return World: To Hedge Or Not To Hedge?
We believe we will see low returns over the next seven to ten years. Pension funds, endowments and individuals may have to adapt their behavior and strategies or else risk failing to reach their objectives. Currency risk is often viewed as a by-product of the broader investment strategies that an investor has employed, rather than […]
Swing Trading Strategy Report – Wednesday, Oct. 25
My Swing Trading Approach Last few days the market breadth has been extremely poor. That has me concerned and will likely limit how much more long exposure I add to the portfolio today. Indicators VIX – Moved higher for the second straight day. The bears tried to pounce on it but no luck. T2108 (% of stocks […]
