Author Archive: Jeremy Parkinson
Technical Market Report For April 15, 2017
The good news is: • The market is oversold and ready for a bounce. The Negatives New highs continued to deteriorate, new lows increased a little and the secondaries continue to under perform the blue chips. The first chart covers the past 6 months showing the OTC in blue and a 10% trend (19 day […]
Forex Strength And Comparison For Week 16 / 2017
In the Currency Strength table, the JPY was the strongest currency while the EUR was the weakest. There were some significant changes last week with the AUD gaining 5 points and the USD losing 4 points. The CHF and CAD lost 3 points. The other currencies remained around the same level of last week with a maximum difference of just […]
Trump Talks Down U.S. Dollar: What Lies Ahead For ETFs?
The U.S. dollar has been in the spotlight since before the presidential election. Initially what Donald Trump delivered in speeches was mostly “inward looking”. Many research organizations then believed that Trump’s policies may hinder U.S. growth and thus may cause an upheaval in the dollar. An ABN Amro analyst then saw prospects of inflation outdoing […]
USD/JPY Carves Bearish Series As Risk Sentiment Abates
Fundamental Forecast for Japanese Yen: Neutral USD/JPY slipped to a fresh 2017-low of 108.72 amid the escalation in geopolitical risk, with U.S. President Donald Trump warning the greenback was ‘too strong,’ and the pair may continue to give back the advance from late-2016 as risk sentiment abates. Concerns surrounding Syria accompanied by the threat posed by North Korea appears to have […]
Can Day Trading On The Side Be Profitable?
I’ve been getting one question in particular pretty often: Can day trading be profitable, if it is done on the side (of another job)? Here is a quick Q&A to day-trading, and how you can make money off of it. What is Day Trading? The art of buying and selling a security within one trading day. […]
3 Weekend ETF Charts: Any Questions?
Two of this week’s most popular posts were about ETFs. Which isn’t surprising because after all, ETFs are becoming so ubiquitous that one is left to wonder whether they’ll eventually be the entire tape. I, for one, think this is a really, really disturbing trend. It’s not that passive, low-cost investing isn’t a good thing. […]
“This Is A Cash-Burning Machine” – Uber Opens Up Its Books, Shows Staggering Losses
Amid a sudden and seemingly endless stream of public relations disasters (senior execs leaving, sexual harrassment scandals, uncomfortable video clips, self-driving car fiascos, secret software programs, and mishandled DUIs), Uber opened up its books to Bloomberg, prompting one analyst to exclaim “this is a cash-burning machine.” The last couple of months have been a constant PR battle for the CEO Travis […]
Markets Go On Alert
Let me start with what I wrote on Friday: “In my money management process, portfolio ‘risk’ is ‘ratcheted’ up and down based on a series of signals which tend to indicate when market dynamics are either more, or less, favorable for having capital exposed to the market.” As you will notice, portfolios NEVER reach 100% cash levels. The […]
3 Attractive French ADR Dividend Stocks
Written by TheDividendManager.com In examining French stocks a screen was run of those companies that pay a yield that is higher than 2.5 percent and has a market cap above 15 billion and from the list, there are several worthy candidates for a long-term dividend investor looking for overseas exposure. [Below are the 13 ADRs identified with […]
AUD/USD Forecast April 17 – 21
AUD/USD posted modest gains last week, as the pair closed at 0.7572. This week’s key event is the RBA Monetary Policy Meeting Minutes. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. US consumer indicators disappointed, as CPI and retail sales reports missed their estimates. However, employment and consumer confidence beat expectations. In Australia, […]
