Author Archive: Jeremy Parkinson
Mazor Robotics Sees Q3 Revenue Above Consensus At $17.2m
Mazor Robotics (MZOR) expects to report of approximately $17.2M for Q3, above the consensus estimate of $13.58M. During the third quarter, the company received a total of 22 system purchase orders from customers in the U.S., Asia and Israel. The 22 orders are comprised of: 19 purchase orders for the Mazor X system, of which […]
USD/JPY Daily Analysis – Monday, October 9
USD/JPY moved sideways in a trading range between 112.21 and 113.43. As long as 112.21 level holds, the sideways move could be treated as consolidation of the uptrend from 107.31, and further rise to 114.00 area cold be expected after the consolidation. On the downside, a breakdown below 112.21 level could bring price back to […]
Where US Stocks Are Traded Today
Last week, the US Treasury Department issued its second of four reports related to President Trump’s Executive Order 13772 (on regulation in alignment with the Core Principles). The first report was on Banking, this report is on the Capital Markets, and other reports will follow over the coming months (including on asset management, insurance, products, […]
U.S. Dollar Turn Or Burn: EUR/USD, USD/JPY Primed
This week’s economic docket is relatively light, especially when compared to the outlays of the past few weeks. This can be an opportune time for trends to substantiate as we move deeper into the fourth quarter of the year, and with a heavy tonality of Central Banker-speak on the wires this week, the potential for […]
‘It’s Going To End Badly’: Dissensus And The Frozen Deer
Think of it like you have your two Greek gods, the water and the sun, fighting each other and right now it’s not going anywhere. It’s going to end badly. We’re about ready to make a big move that will happen by the end of this year. That rather amusing quote is from Andrew Brenner, head of international […]
Home Equity Lines Of Credit Performance Not As Bad As Feared
from CoreLogic — this post authored by Matt Cannon One effect of the rapid increase in home prices from 2000 to 2006 was the increased use of home equity lines of credit (HELOCs) as a method for homeowners to extract equity from their properties. HELOCs consist of a “draw period” and a “post-draw period.” At any […]
S&P 500 At Record High But Will Stocks Continue Even Higher?
Briefly: Intraday trade: Our Friday’s intraday trading outlook was bearish. It proved partly wrong because the S&P 500 index remained within relatively narrow intraday trading range. Overall, it lost 0.1%. The index may retrace some of its recent rally today, as investors will likely continue taking short-term profits off the table. Therefore, intraday short position […]
Key Events In The Coming Week: CPI, Retail Sales And FOMC Minutes
In the traditionally quiet post-payrolls week, attention will focus on the US CPI report, retail sales and FOMC minutes as well as the Catalonia vote and Eurozone industrial production. Separately, we have UK construction, Chinese PMIs, Japanese BoP and inflation in the Scandies. A breakdown of the key events this week from BofA: FOMC minutes […]
The Ratio Of Part-Time Employed: September 2017
Let’s take a close look at the latest employment report numbers on Full and Part-Time Employment. Buried near the bottom of Table A-9 of the government’s Employment Situation Summary are the numbers for Full- and Part-Time Workers, with 35-or-more hours as the arbitrary divide between the two categories. The source is the monthly Current Population Survey (CPS) […]
