Author Archive: Jeremy Parkinson
Where Should Eurusd Go From Here?
The EURUSD is standing at very important POC 1.1145-60. This is 4h support and POC ( T-89 ™, Inner Trend Line, Historical Bullish Order Block). If EURUSD wants to go up it should spike from POC else we might see a drop towards 1.1055 -a historical BPC pattern. On the chart we can easily identify […]
The Chocolate Cookie Day Trade
If you are a red blooded American of a certain age, eventually your metabolism will simply stop working. It doesn’t matter that you exercise every week. It doesn’t matter that you take 20,000 steps each day. It doesn’t matter that you eat only boiled eggs for breakfast. You will start getting fat. The belly will […]
4 Value Stocks To Buy Into Earnings
Value stocks offer an opportunity to buy a stock that is currently undervalued by the market. Longer term investors tend to love value stocks as way to take advantage of current market conditions changing over time. A stock that might be ignored by investors today could be a big pay day tomorrow. Some value stocks […]
What UBS Tells Us About Credit Suisse, And What Both Suggest Of Economics
Credit Suisse released its annual report for 2015 today allowing us to update its progress through winding down its eurodollar activity exposures. As expected, the bank’s gross notional balance sheet offerings declined by quite a bit in Q4. Gross notional interest rate swaps fell by 15% from Q3 to just CHF 28.8 trillion, the largest […]
Huge Government Deficits Coming
If easy money has stopped working, then what’s left? Massive deficits, of course. Pressure is building on governments around the world to increase spending and pay for it with borrowed funds. Sound familiar? It should, since it’s what they’ve been doing on and off for decades. But this time, “fiscal stimulus” will, like QE and […]
Durable Goods Orders Plunge 2.8%; Will A Falling Dollar Soon Help?
In spite of alleged strength in several recent regional manufacturing reports, durable goods orders took another nosedive. As I have commented, there are lots of problems with small-sample diffusion reports that likely overstate the bounces we have seen. Today’s more sobering news is that durable goods orders are down 2.8%, pretty much in-line with the Econoday […]
HH Filling March Madness In ETF Brackets
The National Collegiate Athletic Association (NCAA) Men’s Division I Basketball Tournament kicked in last week, spreading excitement not only in the sports world but also fueling growth in various corners of the economy such as media, advertising, restaurants, hotels and airlines. As a result, the stock market performance is closely tied to the basketball frenzy […]
HH Ahead Of Easter, Markets Hop Like Bunnies
The market sell-off many had expected following the Brussels Airport terror bombing Tuesday didn’t occur til Wednesday, and now the S&P 500 has again swung to the negative year to date. Futures for the Dow, Nasdaq and S&P ahead of the bell this morning are also down this morning. So it’s less of a continued […]
FTSE 100 Volatility May Pick Up As Durable Goods Orders Are On Deck
Most stock markets are muted this morning and the FTSE 100 (FXCM: UK100) is no exception. Price is oscillating around the 6164 level as it has been doing since the start of the month. Today at 9:30 GMT, U.K. Retail Sales were seen to be increasing by 3.5% YoY according to the latest survey by Bloomberg. This […]
What To Look For When Trading The EUR/USD Currency Pair?
The EUR/USD currency pair showed signs of weakness overnight as the impact of the terror attacks weighed heavily on speculative sentiment. The greenback maintains its status as a safe haven currency in times of geopolitical turmoil, and this was evident when it rallied against the EUR to 1.1180 overnight. However, the EUR fought back and is slowly […]
