USD/JPY Carves Bearish Series As Risk Sentiment Abates
Apr 15, 2017
Jeremy Parkinson
Finance
Fundamental Forecast for Japanese Yen: Neutral USD/JPY slipped to a fresh 2017-low of 108.72 amid the escalation in geopolitical risk, with U.S. President Donald Trump warning the greenback was ‘too strong,’ and the pair may continue to give back the advance from late-2016 as risk sentiment abates. Concerns surrounding Syria accompanied by the threat posed by North Korea appears to have […]
Can Day Trading On The Side Be Profitable?
Apr 15, 2017
Jeremy Parkinson
Finance
I’ve been getting one question in particular pretty often: Can day trading be profitable, if it is done on the side (of another job)? Here is a quick Q&A to day-trading, and how you can make money off of it. What is Day Trading? The art of buying and selling a security within one trading day. […]
3 Weekend ETF Charts: Any Questions?
Apr 15, 2017
Jeremy Parkinson
Finance
Two of this week’s most popular posts were about ETFs. Which isn’t surprising because after all, ETFs are becoming so ubiquitous that one is left to wonder whether they’ll eventually be the entire tape. I, for one, think this is a really, really disturbing trend. It’s not that passive, low-cost investing isn’t a good thing. […]
“This Is A Cash-Burning Machine” – Uber Opens Up Its Books, Shows Staggering Losses
Apr 15, 2017
Jeremy Parkinson
Finance
Amid a sudden and seemingly endless stream of public relations disasters (senior execs leaving, sexual harrassment scandals, uncomfortable video clips, self-driving car fiascos, secret software programs, and mishandled DUIs), Uber opened up its books to Bloomberg, prompting one analyst to exclaim “this is a cash-burning machine.” The last couple of months have been a constant PR battle for the CEO Travis […]
Markets Go On Alert
Apr 15, 2017
Jeremy Parkinson
Finance
Let me start with what I wrote on Friday: “In my money management process, portfolio ‘risk’ is ‘ratcheted’ up and down based on a series of signals which tend to indicate when market dynamics are either more, or less, favorable for having capital exposed to the market.” As you will notice, portfolios NEVER reach 100% cash levels. The […]
3 Attractive French ADR Dividend Stocks
Apr 15, 2017
Jeremy Parkinson
Finance
Written by TheDividendManager.com In examining French stocks a screen was run of those companies that pay a yield that is higher than 2.5 percent and has a market cap above 15 billion and from the list, there are several worthy candidates for a long-term dividend investor looking for overseas exposure. [Below are the 13 ADRs identified with […]
AUD/USD Forecast April 17 – 21
Apr 15, 2017
Jeremy Parkinson
Finance
AUD/USD posted modest gains last week, as the pair closed at 0.7572. This week’s key event is the RBA Monetary Policy Meeting Minutes. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. US consumer indicators disappointed, as CPI and retail sales reports missed their estimates. However, employment and consumer confidence beat expectations. In Australia, […]
China And Currency Values: Fast Growing Countries Run Trade Deficits
Apr 15, 2017
Jeremy Parkinson
Finance
I don’t generally comment on pieces that reference me, but Jordan Weissman has given me such a beautiful teachable moment that I can’t resist. Weissman wrote about Donald Trump’s reversal on his campaign pledge to declare China a currency manipulator. Weissman assures us that Trump was completely wrong in his campaign rhetoric and that China does not […]
Will 2017 Be The Year Of Energy IPO Revival?
Apr 15, 2017
Jeremy Parkinson
Finance
Following two dismal years of near zero initial public offerings (IPO) activity in the energy market, 2017 is expected to be the year that sees oil and gas listings return to the center stage. A Dry Spell for Energy IPOs Oil’s horror show saw black gold’s price come down from some $110 per barrel in […]
FX Markets Look Ahead To Chinese GDP, New Zealand & Canadian CPI
Apr 15, 2017
Jeremy Parkinson
Finance
Talking Points: – The week ahead is barren for key economic data out of the Euro-Zone, the United Kingdom, and the United States; although, French elections on April 23 are just around the corner. – Chinese GDP on Monday, New Zealand CPI on Wednesday, and Canadian CPI on Friday are the only ‘high’ rated data […]