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Is Gold Pricing In A Hawkish Fed ‘Dot Plot Chart’?
Mar 13, 2017
Jeremy Parkinson
Finance
The Fed’s dot plot chart released in December said the central bank could hike rates three times in 2017. Just three weeks back, no one thought the Fed would hike rates in March. However, the consensus still existed back then that the Fed would hike rates three times in 2017. But most experts believed the […]
Yahoo Names Thomas Mcinerney As CEO Following Close Of Verizon Deal
Mar 13, 2017
Jeremy Parkinson
Finance
Shares of Yahoo (YHOO) are in focus in early trading after the company unveiled its executive team that will remain after its core assets are sold to Verizon (VZ). EXECUTIVE TEAM: In a regulatory filing this morning, Yahoo said that board member Thomas McInerney will serve as the company’s chief executive officer when the Verizon […]
CAC 40, Gold And The French Elections
Mar 13, 2017
Jeremy Parkinson
Finance
The French elections are less than a month away, and so far, the uncertainty is just increasing by the days, which likely to lead to higher volatility ahead. The recent polls show that the nationalist Marine Le Pen is promising to hold a referendum on taking France out of the Euro. Investors are focusing on […]
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Raising Interest Rates Can’t End Well
Mar 13, 2017
Jeremy Parkinson
Finance
The Federal Reserve would like to raise target interest rates because of inflation concerns and concern that asset bubbles are forming. Part of the concern seems to be rising oil prices, compared to their low level in early 2016. A finite world does not behave the way most modelers expect. Interest rates that worked perfectly […]
SNAP=Short Now And Profit
Mar 13, 2017
Jeremy Parkinson
Finance
I’m a chartist, so I don’t normally make a habit of shorting stocks that have just a few days of historical data. I made an exception for SNAP, however, since everything – – everything!! – – about this company screams “ridiculous overvalued bubble”, including, but not limited to, Evan Spiegel’s smug little cleft-chinned face on every magazine cover […]
A Preview Of What Tiffany, Oracle And Williams-Sonoma Will Report In Thier Quarterly Reports This Week
Mar 13, 2017
Jeremy Parkinson
Finance
3 notable companies report earnings this week – retailer Tiffany & Co. (NYSE: TIF), technology company Oracle Corporation (NYSE: ORCL), and consumer goods company Williams-Sonoma, Inc. (NYSE: WSM). Written by Timothy McIntosh (TheDividendManager.com) 1. Tiffany & Co. (NYSE: TIF) Tiffany & Co. will report earnings before the opening bell on Friday, March 17. The jewelry company […]
US Dollar: Failed At Resistance; Needs To Hold Support
Mar 13, 2017
Jeremy Parkinson
Finance
US $ Index 4-hour View [last 101.26]:Nope. The dollar index could not get through the 102.26 area defined as key resistance. Now breaking lower in what could be a multi-day move lower. We are now labeling the rally as a zig-zag corrective pattern in place, now in minor [c] of 2 lower… watching for support in the […]
WTI Crude Oil And Natural Gas Forecast – Monday, March 13
Mar 13, 2017
Jeremy Parkinson
Finance
WTI Crude Oil The WTI Crude Oil market rallied at the beginning of the Friday session, but found the $50 level to be too resistive. That’s not a huge surprise, as it is a large, round, psychologically significant number and of course have been supportive in the past. The fact that we fell late in […]
Zomato Looks Unimpressive And Precarious
Mar 13, 2017
Jeremy Parkinson
Finance
Photo Credit: Vernon Chan/Flickr.com The foodtech market in India once attracted considerable funding as it was considered promising. However, the market has now become overcrowded and price wars as well as weak logistics and delivery infrastructure are taking a toll on the industry. In 2016, over 37 foodtech startups in India shut down while nine were acquired. Former Billion […]
The World’s Second Most Deceptive Chart
Mar 13, 2017
Jeremy Parkinson
Finance
Last week, I discussed the “World’s Most Deceptive Chart” which explored the deception of “percentage” versus actual “point” losses which has a much greater effect on both the real, and psychological, damage which occurs during a bear market. To wit: “The problem is you DIED long before ever achieving that 5% annualized long-term return. Outside of your personal longevity issue, it’s the […]