Author Archive: Jeremy Parkinson
Cable Remains Bearish Despite Bounce
The recent euphoria for the British pound driven by hawkish commentary and statements from BOE governor Carney has all but dissipated, and like the proverbial souffle, has virtually collapsed, with the pair now taking on a very bearish tone, and reflected on the currency strength indicator to the left on the daily timeframe. Here we […]
Fed Rate Hike Prospects Focus The S&P 500 In Week 1 Of October 2017
The first week of October 2017 saw the S&P 500 (Index: INX) reach daily new highs each day through Thursday, before slightly dipping by 2.74 points (0.1%) to close the week at 2,549.33. Since we had it set up to cover Week 1 of October 2017, let’s take one last look at our chart showing the […]
Phivida Organics Is Focused On Pure Medical CBD
Over the last two years, we have learned a lot about the medical benefits associated with marijuana. From Israel to the United States, studies focused on these benefits continue to provide positive results. The legal medical cannabis industry continues to expand and this has created new opportunities for investors. Today, we have highlighted a new […]
EUR/USD: ‘Things Dont Matter Until They Do’; Rallies A Sell N-Term – Nordea
EUR/USD has hardly been reacting to political events but this does not mean that things cannot change as we’ve seen with the crisis in Catalonia. Here is the view from Nordea. Here is their view, courtesy of eFXnews: Nordea FX Strategy Research notes that EUR/USD recent price action reflects how things don’t matter until they suddenly start […]
Gold & Gold Stocks Bounce
We look at the internals of the gold stocks which portended to a bounce, the US Dollar and bond yields as well as potential resistance and support targets for Gold. Video length: 00:13:02
Global Equity Breadth Check
In this article we look at a 3 key charts on global equities that utilize market breadth techniques. In this case we are looking at the breadth across country benchmarks i.e. the main stock market benchmark of all countries where decent pricing data was available (70 countries in this case). I talked about how we use breadth […]
Forex Weekly Outlook October 9-13
The US economy lost 33,000 jobs in September due to the Hurricanes. While, this is lower than the 80,000 increase expected by most experts, unemployment rate improved to 4.2 percent, better than the 4.4 percent recorded in August. Meaning the labor market is still creating enough jobs to absorb market slack. Also, sluggish wage growth picked up […]
Why Lose-Lose Almost Always Beats Win-Win
Professional negotiators often wax poetic about win-win outcomes: where both sides cooperate and compromise. In practice, win-win is never a dominant strategy. Lose-lose almost always beats it. Here’s why. Adopting a Dominant Strategy One of our clients asked us to help them define a set of dominant strategies for a new AI system. The goal […]
Monday Morning Kickoff: Has The Fed Found The Data It Has Been Looking For To Justify A December Rate Hike?
The stock market continued to grind its way higher last week, even as it traded off following Friday’s substantially weaker than expected September Employment Report, which led the market to finish the week with a stubbed toe. Candidly, following the missed relative to expectations results from restaurant company Darden (DRI), we were bracing for a […]
Q3 Earnings Season Begins This Week: Here Are The 3 Things Goldman Clients Are Focusing On
It’s that time in the quarter again: 3Q earnings season begins this week with Wall Street consensus expecting S&P 500 EPS growth of just 5% (3% ex-Energy), a sharp drop from the last two quarters (Q1 was+14% and Q2 +11%). According to Goldman’s Davis Kostin, “solid economic activity coupled with a weak USD will support […]
