Author Archive: Jeremy Parkinson
Now You Tell Us
As we move further into 2017, economic statistics will be subject to their annual benchmark revisions. High-frequency data such as any accounts published on or about a single month is estimated using incomplete data. It’s just the nature of the process. Over time, more comprehensive survey results, as well as upgrades to statistical processes, make […]
Markets Narrowing As Trump Trade Fades
We are seeing the beginnings of de-risking as for the first time since the election as the S&P 500 has broken below its 50-day trendline, but is still just 3 percent shy of its all-time high, so let’s not get overly carried away here. Volatility, in the form of the CBOE’s volatility index (VIX), rose […]
GBP: More Short Covering On UK Snap Election To Bring 1.3445 In Focus
Theresa May’s snap decision to call a snap election sent the pound higher. Here are our five reasons why the pound is rising. What targets should we look out for? Here is their view, courtesy of eFXnews: NAB FX Strategy Research notes that the GBP has stages a significant rally in reaction to UK Prime Minister […]
Kate Spade Follow Up
I’ve mentioned KATE as a short many times (including this post, whose date is arrowed below). As Kate’s brother-in-law David Spade might say… ”Buh-bye”.
Piper Tells Investors To ‘Revisit’ 3D Printing, Ups Stratasys To Buy
Demand for 3D printer systems and for materials used in the printers rose slightly last quarter compared with the previous quarter, according to research firm Piper Jaffray. Demand for Stratasys’ (SSYS) products improved significantly, and the company looks poised to report “solid” first quarter results, according to the firm, which upgraded the stock to Overweight […]
New BOJ Appointments Will Strengthen Kuroda’s Hand
The former BOJ Governor Shirakawa was not sufficiently activist for Prime Minister Abe who pledged to end Japanese deflation. Many bureaucrats in the BOJ were influenced by Shirakawa’s approach. Abe went to the opposite side of the ideological spectrum with the appointment of the activist Kuroda (note that Shirakawa refers to white in Japanese and […]
Are Comdols In The Cross-Hair If Oil Prices See $35?
Quotable “Soon you will be where your own eyes will see the source and cause and give you their own answer to the mystery.” ― Dante Alighieri, Inferno Commentary & Analysis Are Comdols in the cross-hair if oil prices see $35? Based solely on our wave analysis, the short answer is yes.And near-term, the price […]
Avoid Select Energy IPO Set To Launch On Friday
Overview Select Energy Services (NYSE: WTTR) filed an S-1/A with the Securities and Exchange Commission and is expected to IPO this Friday, April 21, 2017. The company is offering 10.6 million shares of its common stock at a marketed price range of $15 to $18. It also has an additional 1.59 million shares as an overallotment option for […]
Trading Momentum, S&R And Patterns
The EUR/USD, GBP/USD and USD/JPY are analysed step by step looking at multiple frames and analysing Admiral Keltner band, Pivot Points, Fibonacci levels and trend lines. Discover what trading plan Chris will use for the upcoming trading week, also on Gold, EUR/JPY, and EUR/GBP. Video Length: 00:53:21
HH Better Big Pharma Dividend Stock: AbbVie Or Gilead?
Pharmaceutical companies are among the strongest dividend growth stocks in the market. For example, AbbVie (ABBV) and Gilead Sciences (GILD) both currently sport above-average dividend yields. When it comes to dividends, AbbVie has a head start over Gilead. Going back to its days as a subsidiary of Abbott Laboratories (ABT), AbbVie is a Dividend Aristocrat, a […]
