Author Archive: Jeremy Parkinson
Catalonia’s Suspended Autonomy And Gold
Spain’s central government said that it would suspend Catalonia’s autonomy on Saturday. What does it imply for the gold market? As we informed on Tuesday, Madrid set Thursday morning as the ultimate deadline for Catalonia to declare independence or its willingness to remain a part of Spain. But Catalan president Carles Puigdemont ignored the deadline and […]
Ebay Needs To Shape Up
According to a BI Intelligence, US consumers spent $385 billion online in 2016 and are expected to spend $632 billion online in 2020. The number of online shoppers in the US grew by nearly 20 million in 2016 to 224 million shoppers. Photo Credit: Mike Knell/Flickr.com eBay’s Financials eBay’s (Nasdaq: EBAY) Q3 revenues grew 9% over the year […]
Skechers Inc. Shares Run Up In After-Hours On Yesterday’s Earnings
Skechers (SKX), the second-largest athletic footwear manufacturer in the United States reported their third-quarter earnings on Thursday October 19th 2017 after the market closed. Not only did they beat on the bottom line but they beat on the top line and they beat handily. Shares reacted swiftly and traded on heavy volume in the after […]
Spain Threatens To Take Back Control Of Catalonia In Response To Independence Bid
Following the Catalonian independence referendum earlier in the month which saw 90% of voters voting in favor of independence, the leader of the Catalan government Charles Puigdemont has said that he is ready to declare unilateral independence if Spain does not agree to formal talks on the matter. Puigdemont announced, just ahead of a deadline for […]
Chart Of The Day: No Easy Entries Into A Vertical Market
Vertical markets don’t give traders many chances to enter. Yesterday’s brief drop lower probably made all traders to get into the daily cycle low. We got in early, weeks ago, and we’re just holding our positions. In the meantime we’ve been racking up the gains by sitting tight. Our brokers hate us.
AUDUSD Daily Analysis – Friday, Oct. 20
AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.7732. As long as the price is above the trend line, the upside movement could be expected to continue and further rise towards 0.7986 is still possible after the consolidation. Near-term resistance is at 0.7897, a breakout of […]
E The Employment Rates For Male Workers And Youth Have Still Not Caught Up With 2008 Levels
It is quite evident that the world’s job market recovery since 2010 has been uneven among countries and between different demographic groups. Indeed, judged by employment levels, young people and male workers are still behind where they were in 2008. As the two charts illustrate, the employment recovery among the advanced nations still remains uneven. […]
China’s Minsky Moment
Is China headed for a ‘Minsky moment? One Chinese economist has warned that they could and he issued a warning, along with some comments from a Russian oil company. Seems a bit slow today, what had been an impressive oil price rise, ahead of November’s Future expiration. Reuters wrote an article quoting a ”veteran but outgoing […]
3 Killer Stocks Have This Bullish Catalyst In Common
Order backlogs are among my favorite bullish catalysts. To be clear, an order backlog represents the collective value of orders for which customers have made contractual commitments. Think of order backlogs as the foremost measure of a company’s health. Of course, 95% of order backlogs are enjoyed by massive companies — ones with well-known products […]
A Winning Portfolio: Avoiding Big Losses May Be More Important Than Max Gains
“Winning isn’t everything — but wanting to win is.” ― Vince Lombardi Winning—it’s part of our DNA. We celebrate winning teams, winning people, and winning businesses. But while an unrelenting focus on winning has created lots of celebratory moments for humans everywhere, it can potentially give you a severe headache if you let your drive […]
