Author Archive: Jeremy Parkinson
Wednesday Report… Baby Gold Bull Stillborn ?
Today felt like a short covering rally during the bear market years in the PM complex only in reverse. Days like today can make one think that the rally over the last two months is all she wrote for the new bull market.. Did the baby bull die at birth ? Maybe , but I’ll need to […]
EURUSD: Vulnerable But With Caution
EURUSD: Having EURUSD continued to retain its corrective tone, immediate risk remains lower. But beware of a move back higher in the direction of its short term uptrend. Support lies at the 1.1100 level. Further down, support lies at the 1.1050 level where a violation will aim at the 1.1000 level. A break of here […]
Markets Face New Headwinds
After two weeks and more of furious rallies, markets now face old and new serious and diverse challenges. Stocks were hit today by lower earnings from Nike (NKE) and the prospect of weak earnings ahead commencing next month. A stronger dollar hit commodities, especially in energy markets. Crude oil inventories jumped to 9.4 million bbls […]
What Killed The Middle Class?
Everyone knows the middle class is fading fast. I’ve covered this issue in depth for years, for example: Honey, I Shrunk the Middle Class: Perhaps 1/3 of Households Qualify (December 28, 2015) and What Does It Take To Be Middle Class? (December 5, 2013) This raises an obvious question: what killed the middle class? While many commentators try to identify one […]
KB Home Tops Q1 Earnings And Revenue Estimates, Stock Rallies
KB Home (KBH – Analyst Report) released their first quarter fiscal 2016 earnings results, posting earnings of $0.14 per share and revenue of $678 million. Currently, KBH has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key takeaways form the just announced report […]
Nuance Slips After Google Announces Speech Recognition API
Shares of Nuance Communications (NUAN) are sliding after Google (GOOG; GOOGL) said it is planning to open up its speech recognition application program interface to third-party developers. The new service was announced today during Google’s NEXT cloud user conference and, in its initial phase, Google Cloud Speech API will be available at no cost. WHAT’S […]
Aptargroup – Chart Of The Day
The Chart of the Day belongs to Aptargroup (NYSE: ATR). I found the plastic products stock by using Barchart to sort today’s All Time High list first for the most frequent new highs in the last month, then again for technical buy signals of 80% or more. I then used the Flipchart feature to review the charts for consistency. Since the Trend […]
Gold Daily And Silver Weekly Charts – The ‘Dangerous Obsession’ With Gold
“Gold has worked down from Alexander’s time. When something holds good for two thousand years I do not believe it can be so because of prejudice or mistaken theory.” Bernard Baruch “The commerce and industry of the country, however, it must be acknowledged, though they may be somewhat augmented [by paper money], cannot be altogether […]
Stocks Are Approaching The Timing Band For A Daily Cycle Low
I’m not completely convinced stocks have begun the drop into the daily cycle low, but if it has, everyone should be an old pro at these by now.
Record Breaking Silver Factors In 2015 Can Make 2016 Quite Interesting
There were two record-breaking silver factors in 2015 that could turn out to be quite an interesting development for 2016. The figures that make up these separate factors don’t seem so striking until we combine them and study at the trends. This is what I enjoy doing the most. Why? Because I can see interesting […]
