Author Archive: Jeremy Parkinson
Forex: The General View Remains Bullish
Good day to all, after the long weekend we are back into trading action with the Dollar weakened at the end of last week but bulls still hoping for a full-scale reversal. For me, the key level to watch out is the 101.50 in the short-term Dollar index chart and the 98.80 support and March […]
Netflix Earnings Yield Mixed Results, Share Prices Slightly Up
Netflix Earnings On Monday after the market closed, Netflix Inc. (NFLX) announced first quarter results that were slightly better than expected but missed on the amount of users added. The company the earned 40 cents per share on $2.64 billion in revenue which was in line with analyst expectations. This is compared to $1.96 billion […]
Forex Forecast For EURUSD, GBPUSD, USDCAD, USDJPY – Tuesday, April
Forecast for the EUR/USD currency pair Technical indicators of the currency pair: Prev Opening: 1.06110 Opening: 1.06419 Chg. % of the last day: +0.31 Daily range: 1.06369 – 1.06529 52-week range: 1.0366 – 1.1616 Yesterday, purchases prevailed on EUR/USD. At the moment, the currency is already testing a “mirror” support level of 1.06400. The news […]
Looking For The Reason
Long time readers know that when markets do something unexpected – such as breaking a 3-day losing streak with a surge of 184 Dow points – I need to know why. And while I haven’t forgotten that I’m in the middle of a series on “how to outperform” when designing portfolios (with the next segment […]
Billion Dollar Unicorns: Zoom Video Communications Enters The Club
According to Gartner, web conferencing will be used for 15% of enterprise voice and video communications by 2019, up from less than 1% in 2016. A rising player in this space is cloud video conferencing service Zoom Video Communications, which recently made it to the Billion Dollar Unicorn Club. Zoom Video Communications’ Journey San Jose, California-based […]
March 2017 Headline Industrial Production Was Up, Manufacturing Down
The headlines say seasonally adjusted Industrial Production (IP) strongly improved, but headline manufacturing unexpectedly declined. Our view is similar to the headlines. Analyst Opinion of Industrial Production The market expected improvement this month in industrial production. Utilities were the wobble this month as it strongly improved whilst manufacturing surprisingly fell and mining insignificantly improved. This […]
RBC: We Are “Losing The Impulse”
Having held on to hope that the reflationary impulse would sustain the adverse series of events and geopolitical shocks over the past two weeks, RBC’s head of cross-asset strategy Charlie McElligott is ready to throw in the towel, driven by what we have been pounding the table on for the past three months, namely the […]
French Election Concerns Send Sterling Higher
The Pound Sterling was higher across-the-board on Tuesday, and hit an 8-week peak versus the common currency Euro. Investors are jittery about the upcoming first round of voting in France’s presidential election, with the latest poll showing all four contenders in a statistical dead heat. Earlier polls had suggested that the first round of voting […]
4 Breakout Stocks Offering Amazing Returns
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Possibly one of the most preferred methods for those using an active investing approach, selecting breakout stocks promises substantial returns. This approach involves identifying those stocks whose prices are varying within a narrow […]
EC Characteristics Of US Minimum Wage Workers
As a factual backdrop for the ongoing arguments about whether or how much to raise the minimum wage, a useful starting point is the most recent version of the annual report from the US Bureau of Labor Statistics on “Characteristics of Minimum Wage Workers, 2016” (published April 2017). It begins: “In 2016, 79.9 million workers age 16 […]
