Author Archive: Jeremy Parkinson
3 Cheap Tech Stocks With Massive Growth Potential
Finding companies with the criteria you want isn’t always easy. You could spend hours searching ticker after ticker, only to find companies which aren’t worthy of your hard earned cash. An easier way to navigate through this is by using high quality stock screeners. Screening helps investors narrow down companies to invest in based on their […]
Tragedy Strikes And The GBP/USD Pair Falters
Europe was in mourning after Belgium suffered the worst terror attack in its history with 34 people dead and dozens injured – some severely. However, the impact of the Brussels bomb blasts had far-reaching ramifications across the English Channel in the United Kingdom. The GBP plunged from 1.4398 down to its closing level of […]
Gold: Weakens, Eyes The 1,225.71 Support Level
Gold: With Gold selling off strongly on Wednesday, further weakness is likely. This leaves the 1,225.71 level as the next support. On the downside, support comes in at the 1,220.00 level where a break will turn attention to the 1,210.00 level. Further down, a cut through here will open the door for a move lower […]
Dollar Winning Streak Continues For Fourth Day Pushing Oil Lower; Futures Flat
Following two days of rangebound moves, where Monday’s modest market rebound was undone by the Tuesday just as modest decline (despite the early surge higher on the latest “bullish for stocks” European terrorism), overnight equity action continued to be more of the same, and as of this moment S&P 500 futures were unchanged, while European […]
Forecasters See Modestly Stronger Growth For US Q1 GDP
The US economy is widely expected to post modestly faster growth in this year’s first quarter vs. the weak 1.0% GDP rise in last year’s Q4 (based on seasonally adjusted annual rates). The projected improvement still looks unimpressive, but the good news is that analysts continue to forecast a slightly faster expansion for the “advance” Q1 GDP […]
USD, Global Equities Remain Steady Following Brussels Bombs
The dollar stabilized on Wednesday, buttressed by hawkish comments from U.S. Federal Reserve officials. The dollar index which tracks the U.S. currency against six major rivals, inched about 0.1 percent higher to 95.758. It remained above Tuesday’s low of 111.38 yen as well as a 17-month low of 110.67 touched last Thursday after Fed Chair […]
Daily Market Analysis – 3/23/2016
Video length: 00:01:50 The Wednesday session has almost nothing to offer as far as economic announcements are concerned, without much beyond the Crude Oil Inventories number coming out to move this market. With this, Mark it looks as if we will be very technically driven and as a result you have to believe that the […]
Credit Suisse Accelerating Restructuring Of Global Markets, Cutting 2,000 Jobs
Credit Suisse says, “We are reducing the RWA targets from USD 83-85 billion to USD 60 billion by end-2016. The 2016 leverage target has been reduced from USD 380 billion to USD 290 billion. A number of actions have been underway since our Investor Day on October 21, 2015, to address the challenges we face […]
Dollar Firms In Quiet Trade
The US dollar is firm as the losses suffered in the wake of the FOMC meeting are retraced. Over the last few days, no less than five Federal Reserve officials have come out endorsing a resumption of the normalization cycle. And no fewer than three regional Fed manufacturing surveys have shown greater strength than expected, with gains in […]
WTI Crude Oil And Natural Gas Forecast – March 23, 2016
WTI Crude Oil The WTI Crude Oil market fell slightly during the course of the session on Tuesday, but still looks as if we are trying to break above the $42 level. Ultimately, the market looks as if it will try to get above there but we have the Crude Oil Inventories number coming out […]
