Author Archive: Jeremy Parkinson
Updated View On GBP/USD, USD/CAD & EUR/USD
President Trump’s rant about the dollar being too strong led to a sharp fall in the dollar on Wednesday afternoon. Of course President Trump, who seems to be enjoying the flip-flop game immensely now that he is in power, may want to consider he can’t have his cake and eat it too, i.e, he wants his […]
Q1 Earnings Season Ramps Up – Focus On Banks
Earnings results from the big banks highlight the benefits of diverse revenue streams, with JPMorgan (JPM – Free Report) and Citigroup (C – Free Report) offsetting decelerating loan growth trends with gains from their investment banking businesses. Wells Fargo (WFC – Free Report) has been dealing lately with a number of company-specific issues, but the absence of a strong investment banking franchise was very much apparent in […]
E Should You Invest In Structured Settlements Or Bonds?
The stock market is probably the most popular form of investment in the world, but that is up for debate especially given the value of transactions executed on a daily basis in the forex market. However, these two are not the only ways to invest. There is at least a dozen more alternatives out there. […]
Above The 40 – The S&P 500 Suffers A Convincing End To Bullish Divergence
AT40 = 38.2% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 57.2% of stocks are trading above their respective 200DMAsVIX = 16.0 (volatility index)Short-term Trading Call: cautiously bullish (notable caveats explained below) Commentary The 50-day moving average (DMA) is no longer golden. It figures that on a day with the smallest gain in the […]
Friday Charts: Tesla’s Absurd Valuation And Amazon’s Endless Warpath
It’s Friday in the Wall Street DailyNation. And that means we’re ditching our regular routine of commentary-based articles. Instead, we’re using charts to present some important investment and economic insights. This week, we’re tackling the pesky debate about Tesla’s valuation and the Great Retail Apocalypse of 2017. And of course, we’re sharing ways to profit […]
GBP/USD: In Range N-Term; EUR/USD: A ‘Coiled Spring’ – SocGen
The pound had its time in the sun, rising to higher ground, but this was limited to the range. EUR/USD enjoyed some higher volatility but is also somewhat confined to a range. What’s next? Here is their view, courtesy of eFXnews: Societe Generale FX Strategy Research notes that while GBP has continued to be supported by resilient economic data, uncertainty […]
Is Wells Fargo Toast?
Has Wells Fargo gone from being “the best thing since sliced bread” to “toast”? Wells Fargo (WFC) did some incredibly stupid things that came to light last fall. A bank that was a key contributor to the opening of the West and a proponent of fair business practices, and the least-fined major bank coming out […]
Wind & Solar Technology Won’t Stop The Collapse Of The U.S. Empire
Americans who believe technology will be the cure for all our problems, don’t count on wind and solar energy to save the day. This is the delusion I see over and over again in the Mainstream and alternative media. I even receive emails from followers who tell me not to worry, because the cost of […]
Holiday Markets Remain On Edge
The holiday-induced calm in the capital markets conceals a high degree of anxiety. The investment climate has been challenged by heightened geopolitical risk and unusual complaints about the US dollar’s strength from the sitting US President. While sending an “armada” toward the Korean peninsula, the US ordered a missile strike against Syria in retaliation for the use […]
