Author Archive: Jeremy Parkinson
WTI Crude Oil And Natural Gas Forecast – Thursday, Oct. 12
WTI Crude Oil The WTI Crude Oil market initially fell on Wednesday but found enough support underneath to turn things around and rally. We are now testing the top of the range for the last several sessions, and I think we may go looking towards the $52.50 level next. I think the $50 level underneath […]
Updating Gold’s True Fundamentals
Last week I posted a short piece titled “A silver price-suppression theory gets debunked“, the main purpose of which was to direct readers to a Keith Weiner article disproving that the silver price had been dominated by the “naked” short-selling of futures. My brief post rattled the cage of GATA’s Chris Powell, who made an attempt at a […]
Will The CPI Report Send The Dollar Down?
The US dollar had quite a few good weeks but seems to hesitate after the recent gains. Markets seem to be looking for a new direction. The recent sticks in the wheels of the dollar rally came from the Federal Reserve. Charles Evans of the Chicago Fed went back to his dovish self. Evans, which […]
New Name, New Life: Coach Is Now Called Tapestry
Coach announced that is changing its name to Tapestry. The company now owns three brands: Coach, Stuart Weitzman and Kate Spade. Victor Luis and his team considered that in order to build a house of fashion company, they needed to change the organizational matrix. Creating an umbrella company clearly indicates that the company is now […]
The Safest Dividend In The Market: Apple Inc.
Despite reports that sales of Apple’s (Nasdaq: AAPL) iPhone 8 aren’t the monster that investors were hoping for, the company remains a technology, consumer products and stock market powerhouse. Though it is not known as an income stock, Apple has consistently paid and raised its dividend for the past five years. It has a yield of […]
Sensex Trades In Green; Metal Stocks Lead Gains
After opening the day in green, share markets in India have continued the momentum and are presently trading above the dotted line. Sectoral indices are trading on a positive note, with stocks in the metals sector and stocks in the FMCG sector witnessing maximum buying interest. The BSE Sensex is trading up by 103 points (up 0.3%) and the NSE Nifty is trading up 40 […]
Baby Boomer Employment Across Time – Review
With the release of the September employment report, let’s review the status of the 20th century Baby Boom, which was one of the most powerful demographic events in the history of the United States. The chart below illustrates the 19-year surge in births following World War II that stretched from 1946 through 1964. The boom […]
British Pound May Rise As BOE Credit Survey Boosts Rate Hike Bets
The US Dollar fell against its G10 FX peers in Asia Pacific trade as regional markets took their turn to price in the release of minutes from September’s FOMC meeting. The document revealed that many Fed officials are concerned that low inflation is not temporary, pouring a bit of cold water on rate hike speculation. The yields-sensitive Australian and […]
Trump Is Just Asking For It
Well, our fearless leader was at it again: Ummm… actually, I think the news, both fake and real, have done a crackerjack job of reporting the stock market, thank you very much. The notion that this ridiculous bull market is some kind of secret is a load of cra*. But you’re probably accustomed to that […]
USDCAD Daily Analysis – Thursday, Oct. 12
USDCAD broke below 1.2448 key support, indicating that the uptrend from 1.2601 had completed at 1.2598 already. Further decline could be expected and next target would be at 1.2300, followed by 1.2061. Near-term resistance is at 1.2598, only break above this level could trigger another rise towards 1.2750.
