Author Archive: Jeremy Parkinson
Will The Next Fed Chair Be “Taylor-Made” For The Position?
In the midst of everything else that is making headlines in Washington, D.C., of late, one of the more interesting storylines concerns who the next Federal Reserve (Fed) chair will be. As a reminder, the term of the current chair, Janet Yellen, is scheduled to end on February 3, 2018. The process for finding a potential successor […]
Bull Of The Day: PayPal
Headquartered in San Jose, CA, PayPal Holdings (PYPL – Free Report) is a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. The company was spun-off from eBay in 2015. They facilitate customers to pay and get paid, withdraw funds from their bank accounts and hold balances in their PayPal accounts […]
Today’s Trades 10.25.2017 – NZD/USD, EUR/USD, GBP/JPY
Its another mixed day for the U.S. dollar, which is trading lower against European currencies and higher versus the Japanese Yen and comm dollars. AUD and NZD are singing to their own tunes with weaker data and political troubles hampering their gains. CAD on the other hand remains weak ahead of the Bank of Canada’s […]
This Extreme Situation Can Help You Bank Massive Profits
We’ve seen time… and time… and time again just how large a part human emotion plays in big market moves. Whether it’s classic Greenspan-ian “irrational exuberance” at market tops, bidding up everything from tulip bulbs to dot-com stocks, or – less so these days – despair that catches like wildfire, sending otherwise perfectly sound stocks […]
Biogen Upgraded To Outperform From Market Perform At BMO Capital
BMO Capital analyst M. Ian Somaiya upgraded Biogen (BIIB) to Outperform saying risks to the multiple sclerosis franchise and Spinraza are getting “quickly priced in” following yesterday’s post-earnings selloff. The “poor-quality” Q3 beat helps set future expectations for multiple sclerosis and Spinraza, Somaiya tells investors in a research note. He expects investor focus to […]
AUD/USD Extends Losses On Weak Consumer Prices
The Australian dollar on Wednesday plunged across board on weak consumer prices. Inflation rate unexpectedly rose 0.6 percent in the third quarter, below the 0.8 percent expected by economists. Suggesting that high foreign exchange rate continued to subdue prices. In August, RBA said raising exchange rate is likely to impact productivity of the quarter and weigh on […]
2-Year Treasury Yield Rises To Nine-Year High
The Treasury market continues to price in firmer odds of another rate hike by the end of the year. Notably, the policy sensitive 2-year yield edged up to 1.60% yesterday (Oct. 24) for the first time since 2008, signaling that a hawkish bias continues to dominate fixed-income trading. The benchmark 10-year yield advanced too, although […]
AUD/USD Daily Analysis – Wednesday, October 25
AUD/USD broke below 0.7732 support, indicating that the downtrend from 0.8124 has resumed. Further decline could be expected in the coming days and next target would be at the resistance-turned-support trend line on the weekly chart now at around 0.7690. Near term resistance is at the falling trend line on the 4- hour chart, only a clear […]
Why People Are Wrong About Wal-Mart
“Wal-Mart will go to $100”. “Wal-Mart is inexpensive and it is the inexpensive alternative to Amazon.” Oops… Jim Cramer said it. Sorry, but that’s a just a “filler” thesis. I’ll share real reasons for why Wal-Mart (WMT) is inexpensive through a unique perspective experienced over the past 6 months. First, let me start with some […]
Sensex Closes To Record Highs; SBI Rallies 28%
Indian share markets rose to record highs as public-sector banks soared after the cabinet unveiled a Rs 2.11 trillion recapitalization plan, while construction stocks rallied after the government approved an Rs 6.92 trillion investment plan. State Bank of India was the top percentage gainer in the NSE Nifty, surging as much as 27% to its highest […]
