Forex Weekly Outlook April 17 – 21
Apr 14, 2017
Jeremy Parkinson
Finance
Kuroda speaks, US Crude Oil Inventories, Philly Fed Manufacturing Index, Unemployment Claims and inflation data from New Zealand…these are the main events for this week. Join us as we explore the market-movers coming our way. Last week US data was mixed showing favorable consumer sentiment with disappointing inflation and retail sales figures. The University of […]
JP Morgan – Heavy Accumulation Of Precious Metals In April
Apr 14, 2017
Jeremy Parkinson
Finance
JP Morgan, apart from being an active trader in precious metals futures, has been also aggressively accumulating gold and silver bullion this year. Look at the bank’s precious metals holdings at the COMEX: Interestingly, the bank has been particularly active in April, adding 380.8 thousand ounces of gold and 6.8 million ounces of silver to […]
Gift Your Children Some Stocks They Can Relate To – Here’s Why & The Best Way To Go About It
Apr 14, 2017
Jeremy Parkinson
Finance
Written by Damian Davila (WiseBread.com) If you have children, you’re blessed with the opportunity of granting them the greatest gift any investor could want: time. Let’s take a look at some companies whose shares would make a great gift for your kids to not only help them learn about investing, but also get them excited about […]
USDJPY Tumbles To 5-Month Lows After Dismal US Data
Apr 14, 2017
Jeremy Parkinson
Finance
More indications that the US economy is not doing anything like as well as the soft survey data would suggest has sparked a fresh round of selling in USDJPY. The data sent the Yen to its strongest level since just after the Trump election. This is the biggest weekly drop for USDJPY since July 2016.
China Starting To Resemble Bernie Madoff
Apr 14, 2017
Jeremy Parkinson
Finance
Audible.com just released a new show on Bernie Madoff that explains how the world’s biggest financial scam was enabled by banks and hedge funds who were making so much money that they chose to ignore obvious red flags. Which sounds a lot like today’s China. Here, for instance, is a sequence of events involving China Huishan […]
Gold-Stock-Bull Upside Targets
Apr 14, 2017
Jeremy Parkinson
Finance
The get-no-respect gold-stock sector is in a strong young bull market. Past gold-stock bulls have grown to utterly-massive proportions before giving up their ghosts, greatly multiplying the wealth of contrarian investors and speculators. Today’s gold-stock bull is very likely to grow vastly larger before fully running its course. Fundamental gold-stock-bull upside targets reveal the lion’s […]
US Dollar May Rise Trump Jawboning, Geopolitical Fears Recede
Apr 14, 2017
Jeremy Parkinson
Finance
Fundamental Forecast for the US Dollar: Neutral US Dollar sinks as risk aversion cools Fed rate hike bets Trump jawboning unlikely to have a lasting FX market impact Geopolitical fears may give way to signs of accommodation The US Dollar snapped a two-week winning streak as geopolitical tensions and jawboning from the White House made for toxic […]
Profit From Canada’s Growth Story With These 4 Top-Ranked Stocks
Apr 14, 2017
Jeremy Parkinson
Finance
In a widely expected move, the Bank of Canada kept its benchmark rate unchanged on Wednesday, saying that it was yet to receive evidence that the economy would stick its current growth path. The central bank said that it was refraining from raising rates given the level of uncertainty which was clouding its outlook for […]
How The Dollar Affects The Stock Market
Apr 14, 2017
Jeremy Parkinson
Finance
Written by Ben Carlson (awealthofcommonsense.com) When the dollar is strong, U.S. stocks tend to outperform international equities and, when the dollar is weak, international stocks tend to outperform. (This is all from the perspective of a U.S.-based investor. These relationships would be reversed for a foreign investor in U.S. stocks.) Let’s take a look at […]
Are Sellers Just Warming Up?
Apr 14, 2017
Jeremy Parkinson
Finance
On Thursday traders made it clear that they did not want to be long going into a three day weekend. Stocks sold off sending the S&P to the lowest level since March 27th. The small cap stocks continue to get hit the hardest as the Russell has now fallen into negative territory year to date. […]