Author Archive: Jeremy Parkinson
What Are The Best Housing Market Indicators
The health of the US economy can be easily gauged by how much and how frequently individuals and families are spending to fulfill the most basic of needs: housing. There are tons of reports out there on the housing market, but how do you know which ones have the most impact on the market? I have […]
AUD/USD Corrects And Falls On New RBA Dovishness
The RBA giveth, the RBA taketh away. At first, the statement by the Reserve Bank of Australia lacked any hawkish tones and weighed on the A$. Then came the meeting minutes that discussed a potential interest rate of 3.5% in the future and AUD/USD made a big breakout. And now come two officials at the Australian central […]
USDCAD Remains In The Downtrend From 1.3347
USDCAD remains in the downtrend from 1.3347, the bounce from 1.2540 could be treated as consolidation of the downtrend. Near term resistance is at the downward trend line on its 4-hour chart. As long as the trend line resistance holds, the downtrend could be expected to continue and further decline to test 1.2460 (May 2016 low) […]
Amazon’s Phone-Charging Robot Will Spare You The Indignity Of Talking To Strangers
Amazon (AMZN) is having a rough week. The e-commerce powerhouse has celebrated a string of victories this year. Its stock price broke above $1,000 for the first time; it is presiding over an unprecedented retrenchment within the retail space as more than 8,000 brick-and-mortar stores are expected to close in the US this year, and the company announced plans […]
Stocks Going Ex Dividend In The Fourth Week Of July
Here is our latest update on the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only […]
Sensex Opens Flat; Wipro Surges 6.2% On Strong Q1 Result
Asian equity markets are lower today amid greater political uncertainty and as the euro climbed near to two-year highs on Thursday post the comments from the chief of the European Central Bank. The Shanghai Composite is off 0.21%, while the Hang Seng is down 0.26%. The Nikkei 225 is trading down by 0.25%. The US stocks ended mixed on Thursday. […]
Dollar And Commodity Inverse Correlation Back
“Davidson” submits: US$ has continued its dive towards the long-term trend in the 65-70 range using this Trade Weighted Index. I do not predict when the trend-level will be reached, but am surprised with the recent acceleration towards normalization. The inverse correlation to WTI$ appears to have been reestablished. The inverse relationship is a combination […]
Sparring
Podcast: Play in new window | Play in new window (Duration: 11:25 — 6.5MB) DOW – 28 = 21,611 SPX – 0.38 = 2473 NAS + 4 = 6390 (record) RUT + 0.58 = 1442 (record) 10 Y – .01 = 2.27% OIL – .39 = 46.73 GOLD + 3.00 = 1245.00 BITCOIN – 1.93% = 2821.99 USD ETHEREUM […]
U.S., China Waver On Trade Deal
Negotiations on Wednesday between the United States and China failed to reduce the U.S. trade deficit with China. The annual trade meeting yesterday ended on a sour note with no public comments and no resolution of bilateral economic or trade-related issues. Among the issues discussed at the meeting were the reduction of excess Chinese steel […]
Gold Prices Enjoy Boost From ECB, Look On To FOMC Outcome
The outcome of the ECB rate decision offered a dual benefit to gold prices. First, the central bank struck a broadly dovish tone (as expected), with President Mario Draghi forcefully asserting the need for continued accommodation even as he conceded that the fate of the QE program will be discussed in autumn. The promise of loose monetary conditions […]
