Author Archive: Jeremy Parkinson
Three Ways To Play A “Fed Trade” That Works Every Time
The next Federal Open Market Committee (FOMC) meeting is in 19 days, 4 hours, 59 minutes and 14 seconds as I type. Traders give Team Yellen a 98.5% probability that the Federal Reserve is going to raise rates in November and an 86.7% probability that they’ll raise rates in December. Are you and your money ready? […]
4 Key Upstream Energy Stocks To Buy Under $10 Now
Following supply glut and lackluster global demand, oil prices remained low for more than three years. Since late 2014, crude oil went from over $90 a barrel to under $30. However, the market has recovered from their historic lows with prices finally rebounding to the $50 a barrel threshold mark. The improving commodity pricing environment […]
U.S Retail Sales Climb To 2.5-Year High
The surge in demand for building materials and vehicle replacement in the month of September boosted US retail sales in the month. Retail sales surged 1.6 percent in September, the Commerce Department report showed on Friday. This is below the 1.7 percent expected by economists but better than the 0.1 decline recorded in the preceding […]
Market Talk- Friday, October 13
Today we saw Bitcoin (BTC) close and break through the 5000-dollar mark for the first time –BTC recovered fast from the recent downturn to 2800 level found mid-September, the issue I have is what is the long-term prospects with such a cryptocurrency. The questions we must ask is will Governments allow such a currency without […]
Why You Should Stay Away From IPOs
First what is an IPO? It stands for initial public offering and it means a company is now listed to trade on one of the exchanges, New York or NASDAQ in the U.S. It is a common way that founders and investors of the company can finally cash out. They can now sell their ownership […]
USD/CAD Hourly: Critical Resistance Tested…
Critical resistance at 1.2521, the Wave 1 low, was tested today. Looking for a push lower in minor Wave 5 down.
Are These The 6 Best Stocks In The Dow Jones Industrial Average? – Part 3
Introduction In Part 1 and Part 2 of this series, I covered 12 of the 30 Dow Jones Industrial Average stocks that I considered the most expensive of the index. With this part 3, I will be looking at 6 additional Dow stocks that for the most part I would consider fully valued to only moderately overvalued. What […]
Stocks And Precious Metals Charts – Clothed In The Sun
Gold and silver caught a big today, even as stocks continued their slanted push up against trend resistance. I have some optimism for the price of gold here, as it seems to draw the usual rally off the Non-Farm Payrolls bottom, all other things being even. There is intermediate trend resistance at 1340 that may […]
