Put To Profits On Twitter
Apr 01, 2016
Jeremy Parkinson
Finance
Twitter (TWTR) has been an incredibly interesting stock to watch, and I have to say, it’s baffling that there are still people that are bullish on the stock. The truth is that throughout the majority of its history on the market, Twitter has been falling, and recently, the declines have gotten bigger and bigger. Today, […]
Short-Term Top Coming With Employment Report?
Apr 01, 2016
Jeremy Parkinson
Finance
If there is ever going to be a spot for a short-term top in this stock market, in this case a daily cycle top, today’s employment report should be it. Clearly, the market has been discounting a good number, and for the most part the jobs numbers have been coming in bullish for some time, […]
Non-Farm Payroll Numbers And More To Be Released Today
Apr 01, 2016
Jeremy Parkinson
Finance
Non-farm payroll numbers are due out today and they should meet Fed expectations. The US labor market has stood out among a faltering US economy, but it may not be enough for Janet Yellen and her colleagues to warranted a second interest hike just yet. Unless there is a significant pickup in the low inflation […]
A Beginner’s Guide To Hedging
Apr 01, 2016
Jeremy Parkinson
Finance
When you open a position in a currency pair, you obviously want the price to move in the right direction. For example, if you take a long position in EUR/USD, you want the euro to rise against the US dollar. However, if the euro falls against the greenback, then you stand to lose money. Hedging […]
EUR/USD And GBP/USD Forecast – April 1, 2016
Apr 01, 2016
Jeremy Parkinson
Finance
EUR/USD The Euro rose during the course of the session on Thursday, breaking above the top of the shooting star from the Wednesday session, sending this market looking towards the 1.14 level. Any pullback at this point in time should be thought of as value. We could very well get that pullback though, based upon […]
Markets In Review For The Close Of 1st Quarter 2016
Apr 01, 2016
Jeremy Parkinson
Finance
The one thing about the model is that when you have a consistent system that is running on absolutely everything around the world, you can simply look at this dispassionately and just everything by the same standards. From gold, Euro, Canadian Dollar, Dax, and many other markets, we generally moved to Monthly and/or Quarterly Reversals […]
Here’s Why U.S. Oil Imports And Inventories Are Both Rising
Apr 01, 2016
Jeremy Parkinson
Finance
U.S. crude oil inventories are near record highs. At the same time, U.S. oil imports are up almost 1 million barrels per day from last year. CNBC wanted to know why, so they invited Dr. Kent Moors to yesterday’s Power Lunch. There, Kent explained it all boils down to one simple thing… And he also […]
March Was Profitable
Apr 01, 2016
Jeremy Parkinson
Finance
Well… that was one crazy month…one crazy quarter! In fact it was the first time a quarter sold off more than 10% and finished in the green overall. To say the least, it was a historic quarter, and highly unlikely we’ll see anything remotely close to it for the rest of the year. That doesn’t […]
4 Reasons To Stay Positive On The USD In The Coming Months
Apr 01, 2016
Jeremy Parkinson
Finance
The US dollar made some recovery attempts, but things are not too bright for the greenback. Here are 4 reasons to remain positive on USD: Here is their view, courtesy of eFXnews: Although the commodity complex has been more stable recently and that has removed some downside pressure on the euro via the disinflation channel, we anticipate […]