Gold Soars 16% In Q1 – Best Start To A Year In 42 Years
Apr 01, 2016
Jeremy Parkinson
Finance
Gold’s 16.1% surge in Q1 2016 is the best start to a year since 1974. Overall, this is the best quarter since Q3 1986 and is the best performing major commodity of the year. Gold rallied this year as it cemented its status as a store of value amid financial market turbulence and concern about the global economy, […]
Quarter End Repetition
Apr 01, 2016
Jeremy Parkinson
Finance
It is quarter end, so illiquidity irregularity is to be expected except that it isn’t irregular really. Eurodollar futures have been heavily bid for three days in a row now, leaving four consecutive up days for the first time since the liquidations. And because I am a sucker for fractal behavior, repo markets proved that […]
Watch This Small Uranium Miner Once It Breaks Out: Fission Uranium
Mar 31, 2016
Jeremy Parkinson
Finance
TM Editors’ Note: This article discusses a penny stock/microcap. Such stocks are easily manipulated; do your own careful due diligence. It is very rare that we write about the uranium market. A while back, we concluded that uranium could be setting up for a breakout, although it eventually refused to do so. So far, we do not […]
GDX And GLD Spike Trade Setup
Mar 31, 2016
Jeremy Parkinson
Finance
Here are my charts of GDX and GLD during pre-market trading today (Thursday, March 31st). I sent this chart to my followers alerting them of today’s market bias and intraday trade setup. If you don’t know what spike alerts are, let me explain briefly. In short, the market gives of these rogue price spikes which […]
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Confusion And Delay
Mar 31, 2016
Jeremy Parkinson
Finance
Confusion and delay ultimately have a price to pay. That’s the case whether it is the perpetuating of a ‘bad news is good news’ monetary policy of low rates for an infinite period of time, or whether it’s a lack of cohesive strategies to engage terrorists in Europe, ‘as if’ it’s still early enough to […]
USDJPY: Risk Points Higher On Correction
Mar 31, 2016
Jeremy Parkinson
Finance
USDJPY: With the pair halting its weakness on two rejection candles, it now looks to recover higher. On the downside, support comes in at the 112.00 level where a break if seen will aim at the 111.50 level. A cut through here will turn focus to the 111.00 level and possibly lower towards the 110.50 […]
General Motors Charges Into China, New Buying Opportunity
Mar 31, 2016
Jeremy Parkinson
Finance
General Motors (GM) has set sights on producing more than 9.8 million vehicles in 2016 and exceeding the record it set in 2015. From the fundamental baseline, GM is strong and growing stronger. Its core business dynamics are excellent. The price to earnings ratio is a reasonable 5.25, and experts have rated the stock as a buy for […]
Central Banks Globally Manipulate Markets
Mar 31, 2016
Jeremy Parkinson
Finance
Many, even the brightest and experienced investors, believe central banks and/or their agents, have been manipulating equity markets for the past nearly eight years. Japan for example makes no bones about buying domestic shares on the open market. The Swiss Central Bank has also admitted doing likewise. There are others including scattered European member ECB […]
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Shares Of Genocea Soar 94% After Positive Phase 2 Herpes Results
Mar 31, 2016
Jeremy Parkinson
Finance
Shares of Genocea Biosciences (GNCA) closed up 94% today after this morning’s announcement of achieving positive phase 2 results in patients with genital herpes. This phase 2 trial used the company’s vaccine known as GEN-003 to treat these patients over a 12-month period. The vaccine showed that it was able to obtain statistically significant reductions […]
Shampoo Policy: In Europe, Rinse And Repeat
Mar 31, 2016
Jeremy Parkinson
Finance
Calculated “inflation” in Europe disappointed again in March, as for the second month in a row the HICP rate was below zero. There had been some hope after the German version turned just slightly positive that it would herald a different sign for the rest of Europe. Instead, inflation rates in other places were mostly […]