Fed Sees Labor Market Worst Since 2009
Apr 05, 2016
Jeremy Parkinson
Finance
Cast your mind back to Friday – when payrolls confirmed everything for everyone and enabled more crowing from an establishment clinging to smoke and mirrors. It appears The Fed disagrees with the ‘awesome’ jobs market that BLS proposes as today’s Labor Market Conditions Index continues to push to its weakest since 2009, drastically divergent from the seemingly all-important […]
Rising Markets & Falling Markets
Apr 05, 2016
Jeremy Parkinson
Finance
Rising markets include biotech (IBB) which is seen in the chart below. One of the keys to successful trading and investing is knowing which markets are in up trends and which are in down trends. The goal is to be long the rising markets, and on the sidelines for the markets that are declining. The […]
EUR/USD Forex Signal – April 5, 2016
Apr 05, 2016
Jeremy Parkinson
Finance
EUR/USD Signal Update Yesterday’s signals were not triggered as the price never reached 1.1337. Today’s EUR/USD Signals Risk 0.75% Trades must be taken from 8am until 5pm London time today only. Long Trade 1 Long entry following a bullish price action reversal on the H1 time frame immediately upon the next touch of 1.1337. Put the […]
Mega Breakout In 3D Printing Bellwether Stratasys
Apr 05, 2016
Jeremy Parkinson
Finance
This is how it usually goes: a stock or a sector rises, catches the attention of the masses, gets into a euphoria phase … and right at the moment when everyone thinks the world has changed because of that company or sector it all comes down like a house of cards. And when nobody pays attention anymore […]
Gold Up In Asia Trade
Apr 05, 2016
Jeremy Parkinson
Finance
Gold settled slightly lower on Monday as investors continue to digest last week’s strong employment data and the cautious tone of Fed Chair Janet Yellen over raising interest rates. Although Yellen is not in such a hurry to normalize policy, some of her colleagues are ready to raise rates for the second time. Federal Reserve […]
Do Rising Rents, Especially For The Poor, Mean We Do Not Have A Housing Bubble?
Apr 05, 2016
Jeremy Parkinson
Finance
by Barkley Rosser (Econospeak) Aggregate housing prices in the US have recently been approaching the levels seen at the peak of the housing bubble back in 2006.Indeed, in some locations they have gone higher than they did then, such as in San Francisco.This has led some to speculate that the US is getting back into a housing bubble […]
Gold Had Its Best Quarter In A Generation. So Where Are The Investors?
Apr 05, 2016
Jeremy Parkinson
Finance
Written by Frank Holmes, CEO Of U.S. Global Investors The last time gold had a quarter this strong, Ronald Reagan was a year into his second term as president, the Soviet Union was taking its final gasp and the U.S. was still reeling from the Challenger explosion. In the first quarter, the yellow metal rose 16.5 percent, […]
RBA Not Too Worried About The A$ – AUD/USD Bounces
Apr 05, 2016
Jeremy Parkinson
Finance
The Reserve Bank of Australia left the interest rate unchanged at 2%, as widely expected. What stands out is that the RBA sees the rise of the currency as at least partially reflecting the higher commodity prices. In general, a further appreciation would “complicate” things, but they certainly do not see worried at the moment. AUD/USD, which […]
What Are Analysts Saying About Pfizer?
Apr 05, 2016
Jeremy Parkinson
Finance
After a lackluster start to 2016, Pfizer’s (PFE) stock price is currently trending upwards, albeit at a slow pace. The performance of Pfizer according to a historical stock chart indicates a clear downward trend from May 2015 all the way through to February 2016. However, a reversal appears to be taking place with bullish momentum […]
RBA Holds Rates Steady At 2.0%
Apr 05, 2016
Jeremy Parkinson
Finance
The RBA’s monetary policy meeting today saw the key rates left unchanged at 2.0%. The RBA cut interest rates in May 2015 and has left rates unchanged since then. However, the focus of today’s monetary policy meeting was the recent appreciation in the exchange rate of the Australian dollar leading many to speculate on the […]