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Blockchain Industry Builds On Impressive Q4, Continues To Grow
Mar 05, 2018
Jeremy Parkinson
Finance
The blockchain sector, encompassing everything from business-level implementation of distributed ledger technology (“DLT”) to cryptocurrency trading and mining, has passed the stage of fighting for legitimacy. Now fully established and globally recognized, its expansion and development tour is underway. The industry’s participation pool has drastically shifted since its earlier days when essentially only CypherPunks and […]
Morning Call For Monday, March 5
Mar 05, 2018
Jeremy Parkinson
Finance
OVERNIGHT MARKETS AND NEWS Mar E-mini S&Ps this morning (ESH18 -0.28%) are down -0.29% on concern about the implications of U.S. tariffs on the global economy. European stocks are up +0.33% after Germany’s Social Democrats voted by 66% in favor to join Chancellor Merkel’s Christian Democrats in a coalition government, higher than expectations of only […]
U.K. Services PMI Expands At Fastest Pace In 4-Month
Mar 05, 2018
Jeremy Parkinson
Finance
Despite supply chain disruption that weakened business activity in the manufacturing sector in February, the U.K. services sector experienced a modest growth during the month. The Services PMI grew at 54.5 in February, up from the 16-month low of 53 recorded in January, according to the IHS Markit report released on Monday. Business activity rose at the fastest […]
US Dollar At The Start Of Multi-Year Downtrend
Mar 05, 2018
Jeremy Parkinson
Finance
Since the US Dollar trades freely in the 1970s, on average it has rallied and declined in a period of 7.5 years. The chart below shows short term and long term US Dollar cycle: Short Term and Long Term US Dollar Cycle From the chart above, we can see that since 1970s, the cycle […]
Koninklijke Ahold Sources Retail Food
Mar 05, 2018
Jeremy Parkinson
Finance
Every New York stock exchange trading day I’m posting a daily dividend stock or fund review. I’ll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I’ve named the Safari to Sweet Success. This week my Safari portfolio is adding a company from the […]
There’s Only 1-2 Years Left In This Bull Market. You Should Be Long Stocks
Mar 05, 2018
Jeremy Parkinson
Finance
Written by Troy Based on current economic data, the Medium-Long Term Model predicts that this bull market still has 1-2 years left. A reader asked As a fellow 3x ETFer, are we not playing with fire with a correction being so close? Here’s my detailed response. The stock market can go up a lot in the final […]
Trump Slams Canada, Mexico: “Tariffs Will Only Came Off If New, Fair NAFTA Is Signed”
Mar 05, 2018
Jeremy Parkinson
Finance
Trump resumed his now daily trade war and tariff tweetstorm, blasting on Twitter that “we have large trade deficits with Mexico and Canada. NAFTA, which is under renegotiation right now, has been a bad deal for U.S.A. Massive relocation of companies & jobs.” Specifically, the president added that “Tariffs on Steel and Aluminum will only […]
A Review: Century Pacific Food Inc.
Mar 05, 2018
Jeremy Parkinson
Finance
Video Length: 00:03:10 Background Century Pacific Food, Inc. was listed on PSE in May 2014 and is a food manufacturer. The company operates through the following segments: Canned & Processed fish, Canned Meat, Dairy & Mixes and Tuna Export. The Canned and Processed fish segment is the largest revenue contributor and produces a variety of […]
BTC/USD And BTC/JPY Forecast – Monday, March 5
Mar 05, 2018
Jeremy Parkinson
Finance
BTC/USD Bitcoin markets when higher on Friday, reaching towards the $11,050 level. The market has rallied a little over 1.2%, and I believe that the market still has a lot of noise to chew through between here and $12,000 at the least, so it’s not until we break above there that I am comfortable buying. […]
Sensex Ends Day 300 Points Lower; Services PMI Contracts
Mar 05, 2018
Jeremy Parkinson
Finance
After opening the day in the red, share markets in India witnessed negative trading activity throughout the day and ended the day on a dull note. Losses were seen across most sectors with stocks in the metals sector and stocks in the oil and gas sector, leading the losses. At the closing bell, the BSE Sensex stood lower by 300 points (down 0.9%) […]