Author Archive: Jeremy Parkinson
EURJPY: Declines On Bear Pressure
EURJPY now looks to weaken further after it saw a move lower during Monday trading session. On the downside, support comes in at the 134.00 level where a break if seen will aim at the 133.50 level. A cut through here will turn focus to the 133.00 level and possibly lower towards the 132.50 level. […]
Ripple Price Climbs After XRP’s Inclusion On Dubai-Based BitOasis Exchange
As with the majority of cryptocurrencies, the Ripple price has not been doing very well over the past few weeks. There may be some good news for the currency’s value, however, as it will soon be added to Dubai’s top cryptocurrency exchange, BitOasis. A Newcomer To BitOasis Around the end of December and the beginning of […]
Large-Cap Growth ETF (FTC) Hits New 52-Week High
For investors seeking momentum, First Trust Large Cap Growth AlphaDEX Fund (FTC – Free Report) is probably on radar now. The fund just hit a 52-week high and is up around 32.4% from its 52-week low price of $50.39/share. But are more gains in store for this ETF? Let’s take a quick look at the fund and the […]
First Majestic Completes US$150 Million Convertible Senior Notes Offering
VANCOUVER, British Columbia, Jan. 29, 2018 (GLOBE NEWSWIRE) — First Majestic Silver Corp. (TSX:FR) (NYSE:AG) (Frankfurt:FMV) (“First Majestic” or the “Company”) announced today the closing of its previously announced offering of US$150 million aggregate principal amount of 1.875% unsecured convertible senior notes due 2023 (the “Notes”). The initial conversion rate for the Notes is 104.3297 […]
The Week. The Record. The Extreme Sign For Gold
To say that gold’s weekly volume was big is like to say that snails are not the fastest animal. You can’t say that it’s a lie, but it doesn’t really convey the entire truth, either. Gold’s weekly volume was highest EVER. Yes, ever. There was not a single week – not ever during the 2011 […]
E Critical Week For The Market
The stock market is heading into its most exciting, and potentially most volatile, week so far this year as earnings season picks up the pace and the Federal Reserve convenes its first meeting of 2018. The combination of corporate results and the Fed could increase volatility in a market that has largely remained tranquil even […]
VIX Tops 13 As Stocks, Bonds, Bitcoin Sink
The 10Y Treasury yield is back above 2.70%, VIX is back above 13, stocks are slumping notably, not helped by the demise of CAT and AAPL… So far , no dip-buyers… Small Caps have given up Friday’s gains… AAPL continues its freefall… And CAT is weighing on The Dow… The 10Y Treasury yield is back […]
US Savings Rate Hits 10-Year Low With Soaring Credit Card Debt
The bond market sell-off continues pushing the 10-year Treasury bond yield, for the first-time since 2014, over 2.70% currently trading at 2.701% after hitting a yield earlier today of 2.72%! Some of you will be asking why you should care about the treasury bond market, but others involved with real estate or mortgages in any capacity […]
Why You Should Sell Ford Stock Now
Ford (NYSE: F) has been an American business staple. Thanks to Henry Ford, automobiles became the standard mode of transportation for the United States and eventually the world. And while the automaker has experienced both highs and lows during its existence, it is entering into one of its darkest hours yet. While the stock market it […]
Is A Market Correction Coming? Yes, But…
Is a market correction coming? Yes, of course! But I’m not going to predict when. During the World Economic Forum in Davos, the normally cautious hedge fund manager Ray Dalio (Bridgewater Associates) said that investors will feel really stupid if they hold cash. After hearing this, I thought for sure the markets would crumble (that’s […]
