Author Archive: Jeremy Parkinson
Who Will Be The Next Fed Chief – And Why It Matters
Janet Yellen’s term is ending at the Federal Reserve. With new appointments, President Trump can indirectly shape US monetary policy for years to come – for better or worse. Serving as the “epitome of calm,” Fed chief Ben Bernanke responded to the global financial crisis by cutting the federal funds rate to zero and initiating […]
The Fading Scent Of The American Dream
We live in a simulacrum society in which the fading scent of the American Dream is more a collective memory kept alive for political purposes than a reality. Even more disturbing, the difference between a phantom prosperity (or in homage to the Blade Runner film series, shall we say a replicant prosperity?) and real prosperity has been blurred by layers of […]
AUDUSD Daily Analysis – Monday, Oct. 16
AUDUSD broke above 0.7875 key resistance, indicating that the downtrend from 0.8124 had completed at 0.7732 already. A further rally would likely be seen in the coming days and next target would be at 0.7986. Support is located at the rising trend line on the 4-hour chart, only a clear break below the trend line […]
EUR/USD Testing Wave 4 Fibonacci Support At 1.18
EUR/USD 4 hour The EUR/USD is challenging a resistance trend line (orange). A bullish breakout could see price challenge the larger resistance (red) but it remains unclear whether the price is in a wave 5 or in an expanded wave 4 at the moment. The 1-hour chart, however, could provide more guidance about that aspect. […]
GBP/USD Ticks Up On Effort To Reignite Brexit Talks
UK Prime Minister Theresa May is heading to Brussels in an effort to unblock Brexit talks. The acrimony between her Brexit Minister David Davis and the chief EU negotiator Michel Barnier was clear last week. Barnier said the talks reached a deadlock. May will be joined by Davis and Barnier will be joined by Jean-Claude Junker. […]
Two Option Investments For An Expensive Market
U.S. market valuations have now reached what they were in 1929, and are therefore the second highest in the country’s history. Only the Dotcom Bubble was higher. Currently: The cyclically-adjusted price-to-earnings (CAPE) ratio of the S&P 500 is over 31. The average S&P 500 price-to-book value is 3.25, compared to only 2.00 in 2012. The […]
EUR/USD Forex Signal – Monday, Oct. 16
Today’s EUR/USD Signals Risk 0.75%. Trades may be taken between 8am and 5pm London time today only. Long Trade 1 Go long following a strong bullish price action reversal on the H1 time frame immediately upon the next touch of 1.1780. Put the stop loss 1 pip below the local swing low. Adjust the stop […]
The Year Volatility Died
When it comes to market volatility, how low is low? Before 2017, a close below 10 in the Volatility Index (VIX) was an extremely a rare event. It had only happened 9 times since 1990 out of 6,804 trading days. This is equivalent to 1 day every 3 years, or 0.13% of the time. A […]
Overheating China PPI Sends 10Y Yields To 30 Month Highs As Banks Inject Another Quarter Trillion Dollars In Loans
Despite a disappointing US CPI report on Friday, which saw core inflation miss once again despite an expected spike due to the “hurricane effect”, moments ago China reported that in September, its CPI printed at 1.6% Y/Y, in line with expectations, and down from, 1.8% in August largely due to high year-over-year base effects, but […]
Dividend Income Update September 2017
Here we are once again. Our favorite time when we get to tally up our passive income earned from the previous month. It should come as no surprise that as dividend income investors we all covet those end of quarter months as they tend to be our highest payouts throughout the year. Looking back at […]
