Author Archive: Jeremy Parkinson
Oil, Euro And USD Headline Price Action Themes For This Week
This week is opening up to what looks to be a considerable amount of excitement on the horizon, at least for global markets. The economic calendar is loaded with Central Bank announcements this week, including a Fed meeting that’s expected to bring only the third rate hike out of the United States in the past 10 […]
EUR/USD: Monday Vs. Friday – March 13
Previous: The euro closed up after trading on Friday. The single currency managed to reach the D3 line after the publication of the US jobs report. The number of new nonfarm jobs in the states in February grew by 235,000 after a forecast of only 200,000. The figure for December was revised from 157,000 to […]
10 Stocks For Using A Benjamin Graham Value Investing Strategy – March 2017
Out of the multitude of companies, which ones would legendary value investor Benjamin Graham buy today? I’ve compiled ten great companies that fit the ModernGraham criteria, based on Benjamin Graham’s methods. The companies in this list pass the rigorous requirements of either the Defensive Investor or the Enterprising Investor and are either fairly valued or undervalued by the market. Aspen […]
Trying To Find A Bottom
Crude oil futures are still reeling from last week’s massive crude oil build and another jump in U.S. rig counts. It was a double eight as oil rigs increased by eight and the eighth week in a row that the rig count has risen. What is interesting though is that there we were no rigs […]
Dollar Ekes Out Gains Vs. Euro
After three days of consecutive losses for the US Dollar, the greenback has finally regained positive momentum versus the Euro as well as for the US Dollar Index. Last week, it was all about profit-taking on a portion of the gains recently made by the greenback. Albeit moderate, in European trading today, the Dollar is […]
E Bearish Breakdown On NZDUSD
On the 4h chart of NZDUSD, we can see a nice bearish breakdown to be in progress, with the price now specifically trading in the middle of red wave three. As we know, wave 3 is known as the strongest and the steepest wave, which means in our case, even more, weakness may follow. Well, […]
Goldman: “Lack Of Hard Evidence” Aside, Long Oil, Copper Reco Still A Good Idea
Time stamp it. Sure, it may seem like a deflationary bombshell has been dropped on markets over the past two weeks or so, but as Goldman reminds us, “there’s reflation and then there’s reflation.” Consider the following from a note out late last night that essentially conveys the following simple message: “f*ck reality.” Via Goldman Despite […]
Gold Bugs; Bullish Reversal Pattern At Support
Gold & Silver Mining stocks have had a rough few weeks, falling in excess of 15%, after a sharp post Christmas rally. Are they in trouble or about to bounce of newly created rising channel support? Below looks at the Gold Bugs Index (HUI) over the past few years. Gold Bugs index has created a series of […]
The Bear’s Lair: Where Is All The Malinvestment?
We have had eight, nearly nine years of zero interest rates and negative real interest rates. You don’t have to be a convinced Austrian economist to believe that in this length of time an extraordinary amount of “malinvestment” – investment that is not justified by economic reality – has grown up. Now that interest rates […]
