Author Archive: Jeremy Parkinson
How Risky Are Cryptocurrencies?
In a word, cryptocurrencies are VERY risky. Nobody truly knows how this new technological application will develop. It could be that cryptocurrency is the future of money, destined to replace national fiat currencies partially or even wholly, as outlined in the previous section. If this happens, the value of fiat currencies will continue to fall […]
Stock Analysis – Hormel Foods
The following company analysis is about my latest investment Hormel Foods, one of the most popular investments in the dividend investing community. In the last couple of months Hormel Foods experienced a decent drop in its share and like almost every stock in the consumer sector underperformed the market. Company Overview Hormel Foods is based […]
Forex Strength And Comparison Week 43 / 2017
In the Currency Strength table, the EUR was the strongest currency while the NZD was the weakest. There were some significant changes last week with the USD gaining 3 points, the CHF gaining 2 points, the NZD losing 3 points. The other currencies remained around the same level of last week with a maximum change in the […]
Emerging Markets: Week Ahead Preview – Oct. 23
EM FX ended the week on a soft note. Indeed, nearly every EM currency was down for the entire week, led by ZAR, BRL, and TRY. While higher US rates will pressure EM FX as a whole, we think heightened political risk will continue to hit these three currencies particularly hard, plus perhaps MXN too. […]
Growing Like A Tumor
The Dow Jones this week closed at new all-time highs for each trading session, with Friday’s being the 70th new all-time high since last November’s election. That’s 70 of the 240 NYSE trading sessions since November 8th closing at a new all-time high; better than one day out of four (29%). And it goes without […]
Another Minor Top?
Last week’s projected minor top was very brief and shallow, and quickly followed by a 47-point rally to a new high. So far, the upside projections have worked well and have been spot on. This now brings us to the next minor top which should precede a better correction, but not necessarily “the” intermediate correction […]
Market Continues To Shake Off Any Bad News, Melts Higher And Higher
Last week the S&P 500 shrugged off a string of what would normally be market-impacting negative news to once again move higher week over week. We’re talking about the rumors of potential Apple (AAPL) related iPhone demand concerns, a downgrade of Nike (NKE) shares by Goldman Sachs and a sharp cut to General Electric’s (GE) […]
Slowing U.S. GDP To Temper NZD/USD Sell-Off
Fundamental Forecast for New Zealand Dollar: Neutral NZD/USD may continue to give back the advance from the 2017-low (0.6818) as the new coalition government under Prime Minister Jacinda Ardern pledges to review and revise the Reserve Bank of New Zealand’s (RBNZ) primary mandate for price stability, but the key developments coming out of the U.S. economy may temper the recent […]
When Does A Bubble Become A Bubble?
In July 2010, Bitcoin was trading at 5 cents. By February 2011 it was trading at $1.10. That’s a 2,100% return in 7 months. This is what the chart looked like at the time. What’s the first word that comes to mind? Bubble. Indeed, and over the next two months that bubble would burst, […]
Frontier Stock Markets About To Get Super Bullish? Investors Watch EMFM ETF Closely
The EMFM ETF from Global X is an interesting choice for investors as it offers exposure to the next emerging markets and frontier markets. We have written extensively about our bullish outlook for emerging markets. For investors willing to take the extra risk, frontier markets could be an interesting option. Note that frontier stock markets started to […]
