Author Archive: Jeremy Parkinson
EUR/USD On The Back Foot As French Polls Tighten, Renewed USD Strength
EUR/USD is trading at lower ground. After some dollar weakness and hopes for a positive outcome in the French elections, the tables have turned. However, will the euro rise now? A fresh opinion poll from France shows Marine Le Pen losing ground to centrist Emmanuel Macron. It is now 26% against 25%, closer than 27% to […]
Competitors Leave Twitter In The Dust
from Statista.com — this post authored by Felix Richter While Twitter (NASDAQ:TWTR) has a loyal and active community of users, the microblogging service is struggling to attract new people and get to the next level in terms of mainstream appeal. After explosive growth in the first years of its existence, Twitter’s growth slowed down significantly once […]
DAX Buyers Attracted On Pullbacks
The German index has been very bullish for quite some time, and it is one that I have been scalping in the CFD market. It appears that the 20-day exponential moving average has been reliable, which is pictured in green on my chart. The red exponential moving averages the 50-day exponential moving average, and you […]
5 Top-Ranked Oil Stocks That Consistently Beat Earnings
We are almost done with Q4 earnings season, with results on board from 484 S&P 500 members that combined account for 98.7% of the index’s total market capitalization. According to our latest Earnings Trends report, overall earnings for the companies that have already reported are up 7.4% from the same period last year on 4.9% higher revenues, […]
SPX Elliott Wave View: Wave 4 Started
Short term Elliott Wave View in SPX suggests that the rally from the 1/23 low is unfolding as a 5 wave Elliott wave impulse structure where Minor wave 1 ended at 2301, Minor wave 2 ended at 2267, and Minor wave 3 ended at 2400.98. Internals of Minor wave 3 shows an extension and subdivided also as an impulse structure where […]
EUR/USD: Weakening Trend Continues
Previous: On Monday, trading on the euro closed down. After an unsuccessful attempt by buyers to take the price above 1.0630, the euro fell against the dollar to 1.0575. A touch of volatility was to be found during the day yesterday as news came in from France. Ex-Prime Minister Alain Juppe ruled out taking part […]
WTI Crude Oil And Natural Gas Forecast – Tuesday, March 7
WTI Crude Oil The WTI Crude Oil market initially fell on Monday, but found enough support at the 50-day exponential moving average to turn around and form a hammer. The hammer of course is a bullish sign, and the 50-day exponential moving average tends to attract a lot of attention. If we can break above […]
Boeing Obtains $46 Million Contract For Support Services
This week Boeing (BA) posted news that will help the Aerospace Company net millions in profit. It had stated that it has already received $46 million from the U.S. Air force to perform contract work for Saudi Arabia’s recently purchased F-15SA Eagle fighter bombers. This contract is a good step for Boeing to receive additional revenue in […]
Trump Vs. Yellen: Could This Affect Interest Rate Decisions?
Donald Trump has made a lot of enemies during his short political career, but it’s one rift in particular, which has many investors nervous. On September 26, Trump launched an attack on the Federal Reserve, arguably the most powerful institution in the United States. Trump accused Chairwoman Janet Yellen of “doing political things” in keeping […]
Doves Turn Hawks: 5 Fed-Proof Bond ETFs To Buy
The possibility of a rate hike in the Fed’s March policy meeting increased following comments from a few officials including Dudley, Williams, Kaplan and Harker. If this was not enough, Fed Governor Lael Brainard – who was a strong proponent of easy money policy before – also signaled a sooner-than-expected tightening saying “it will likely […]
