Author Archive: Jeremy Parkinson
Will Trump Pursue, Tolerate, Or Resist US Dollar Strength?
The US dollar is on a roll, crushing the yen and the euro. But will this last? Here is the view from Deutsche Bank: Here is their view, courtesy of eFXnews: It is possible that a strong USD will be worn by the coming administration as a badge of honor – a signal of global confidence in […]
ParkerVision Continues To Look Strong After Conference Call
ParkerVision (Nasdaq:PRKR), a Florida-based technology company, released quarterly earnings yesterday. While the stock dipped during yesterday’s session, aggressive investors should view this dip as a buying opportunity to benefit from Parker’s strong patent litigation prospects over the next six months. Business Model ParkerVision designs and develops proprietary technology, radio frequency and other products. PRKR technology […]
EUR/USD And GBP/USD Forecast – Friday, Nov. 18
EUR/USD The Euro continues to slide as the Thursday session initially saw buyers enter the market, and then the market roll over completely. It looks like the 1.05 level being tested is all but a foregone conclusion at the moment, but with the overextension of the selling pressure, I prefer to see short-term rallies that […]
Today’s Trading Plan: Lunging For All-Time Highs
Technical Analysis: Strong move from the market yesterday, with the S&P 500 (SPX) rising another 0.5% and just six points away from new all-time highs. Currently SPX is underway on the second leg of the bounce that began last week. If it is anything like the Brexit bounce it should still have more room to run before […]
Friday Falling Dollar Foolishness – OPEC Deal Rumors Right On Schedule
Down goes the Dollar! That’s significant because it’s Options Expiration Day today AND we’re settling the December Oil Futures Contracts (/CLZ6) so the well-timed 0.5% drop in the Dollar (which we predicted – thank you!) is boosting oil, gold, the indexes – well everything priced in Dollars – you get the idea. This is how they take advantage of […]
And So It Begins; The Trump Re-Shoring Hype
People may get tired of me calling everything hype this and hysteria that. Hell, I get tired of me doing that. But as a market manager I have got to use my B/S Detector as a primary tool because the markets move on emotion in the short-term, before whatever fundamentals are to emerge finally do […]
Millennials: Taking Over The Economy
“Want to hammock on Sunday?” asked M. M is a friend I made at my indoor rock-climbing gym who regularly sends me Snapchats. He enjoys heading outdoors, hiking and climbing every chance he gets. And he hammocks … which means he takes time out to find two trees in a park or some other outdoor […]
Crude Oil Bears State Prices Headed Lower- Bulls-Eye Or Rubbish?
Anxiety is a thin stream of fear trickling through the mind. If encouraged, it cuts a channel into which all other thoughts are drained. – Arthur Somers Roche 2015 was a terrible year for oil and it looked like 2106 would even worse; oil dipped below $30.00 and all cockroaches (oops we mean analysts) started […]
Bonds Could Fall 15% More, If This Gives Way, Says Joe Friday
Do you know what was one of the best things to do on the 4th of July this year, in the financial markets? If you owned government bonds, it was a great time to sell them. If you were open to it, it was an even better time to short bonds. The chart below looks […]
Morning Call For Friday, Nov. 18
OVERNIGHT MARKETS AND NEWS Dec E-mini S&Ps (ESZ16 +0.05%) are down -0.13% and European stocks are down -0.72%. A +0.07% increase in the dollar index (DXY00 +0.10%) to a new 13-1/2 year high has undercut commodity prices and is leading commodity and raw-material producing stocks lower. The likelihood of a Fed rate hike next month […]
