Author Archive: Jeremy Parkinson
Agriculture Markets Report – Wednesday, February 28
(Video length 00:13:09) A review of the day’s trading in the agriculture markets.
Sellers Double Down
Yesterday established a round of profit-taking after Monday’s breakouts had suggested something more positive in the works. Unfortunately, another round of selling ranking as higher volume distribution left indices in a more precarious state. The Semiconductor Index had come close to tagging 1,400 but the index looks to have confirmed a bearish ‘evening’ star as part […]
Two Central Bankers Walk Into A Restaurant, And The Pawnbroker For All Seasons
Here’s the set-up line for the story: Two central bankers walk into a London restaurant … Mervyn King tells the tale at the start of his lecture “Lessons from the Global Financial Crisis,” in a speech given upon receipt of the Paul A. Volcker Lifetime Achievement Award from the National Association for Business Economics (February 27, […]
Short And Long Term Outlooks For Oil, Natural Gas, And The USD
(Audio length 00:12:27) Chris Vermeulen, founder of The Technical Traders, shares his outlook for the oil, natural gas and the US dollar. Natural gas is looking like a nice trader at its current level and oil while it is pulling back today is still holding at the recently breakout range. As for the USD long-term […]
Is It Time To Raise Some Cash?
It cost more money to print this sign than what the balance due is. Plus, cash is not an option, only check or money order. I guess the management does not have one of those change cups by the register so that folks can put in their extra pennies to cover those who may be […]
E Markets On The Edge
VIX made an 83% retracement of its rally on Tuesday while making its Master Cycle low. Today it challenged Cycle Top support at 20.41, but closed beneath it. A close above it implies a VIX buy signal may have occurred. The Cycles Model now indicates that the rally may continue for up to three weeks. […]
Ripple Price Analysis: XRP/USD Consolidates Above Key Support
Ripple prices registered a February opening-range high at resistance early in the month with the pullback starting to lose steam just ahead of confluence support. We’re on the lookout for a possible exhaustion low heading into the March open as price continues to hold within the confines of the broader uptrend. XRP/USD DAILY PRICE CHART […]
March Looks To Be Pretty Normal After All
With March beginning tomorrow, the Climate Prediction Center issued their final forecast for the month. Generally, it shows warmth in South and Northeast with cold in the Great Plains and Pacific Northwest. This certainly shares strong similarities with the final February run of the American CFSv2 climate model, per NOAA. This would make it look […]
Treasuries Have Sold Off As Rates Have Been Rising
The chart below shows that selling pressure is starting to develop again based on the increase in the number of new 52-week lows. The cumulative advance/declines are pointing lower again too. I think we all expected some back and fill. Prices will probably bounce around in this range for awhile. Rates Below […]
3D Systems Stock Soars On Preliminary Results, Earnings Release Delayed
Shares of 3D Systems (DDD – Free Report) soared more than 15% in after-hours trading Wednesday, shortly after the company released preliminary Q4 financial results and announced that it was rescheduling its report date to March 14. For the fourth quarter of 2017, 3D Systems said that it anticipates revenue will be in the range […]
