Author Archive: Jeremy Parkinson
Crude Oil Is Crashing, It Could Reach $35 Level Says Joe Friday
CLICK ON CHART TO ENLARGE Around 60-Days ago the Power of the Pattern suggested that the “most important commodity on the planet” should be on its way to $70 zone if the bottom of the pennant pattern broke support. (Post Here) Well 64 days later Crude Oil has broken the bottom of the pennant pattern […]
Morning Call For November 28, 2014
OVERNIGHT MARKETS AND NEWS December E-mini S&Ps (ESZ14 -0.12%) this morning are down -0.22% and European stocks are down -0.37%% as energy producing stocks sank after OPEC refrained from reducing output and kept its production ceiling of 30 million bpd. The inaction by OPEC prompted a plunge in crude prices to a 4-1/2 year low and drove down the […]
Market Catches Breath After Yesterday’s OPEC-Induced Moves
OPEC decision to roll-over existing quotas sent oil prices sharply lower, pushed European bonds and stocks higher, and generally gave the US dollar a boost. Today’s theme is more consolidative in nature. At the same time, the dollar’s firmer tone against the yen helped lift the Nikkei while European stocks and bonds are struggling to extend […]
OPEC’s Crude Bloodbath Sends 10 Year To 2.20%, Energy Companies Tumble
The biggest, and most market-moving, event overnight continues to be yesterday’s shocking OPEC announcement, which is still reverberating across the energy space as markets largely ignore European and Japanese inflation data which is once again sliding back dangerously fast, or Italian unemployment which rose more than expected, and joined France in hitting a new record […]
Gold – A Revival
The Swiss referendum will be the this weekend to prevent the central bank from selling its gold. While Swiss sources say this is really about a protest against the central bank policy since they pegged the Franc to the Euro incurring tremendous losses, the Swiss are now watching their currency decline with the Euro. There […]
EUR/USD Forecast: Nov. 28, 2014
The EUR/USD pair has been in a massive downtrend for some time. However, during the entirety of November, we have seen quite a bit of consolidation near the 1.25 handle. I think that the market is probably due for a bounce at this point, and as you see on the chart I have highlighted the […]
Put It This Way – Profiting From Put Options
by Russ Allen Recently I’ve written about hedging strategies that use options. One of the strategies I’ve described was buying put options as insurance. Another was selling covered call options against the stock position, to reduce its cost and therefore its risk. Yet another was to combine those two strategies, in what is known as […]
The Future Of Social Media
Photo Credit: Shutterstock, BELGRADE – MAY 04, 2014 Popular social media website logos In today’s digital age, social-media networks will always exist in one form or another because Facebook, Twitter, and LinkedIn – and all of the others – are just modern communications channels. The key is to understand the greater context. Mass communication has existed […]
EUR/JPY Significant Bullish Pressure
The EUR/JPY pair did very little during the Thursday session as the Americans were away at holiday, and the rest the world simply did not move the ball very far. However, this is a pair that certainly has a significant amount of bullish pressure underneath it so I look at it is a market that […]
Synesthetic Marketing: Could Your Presentation Taste Better?
Don’t aim to influence just one of our senses. Connect them and you’ll see wonders in your marketing results. Photocredit: Vimodi Is your sales and marketing pitch a red, a blue or is it a Bouba or a Kiki? Is it sweet enough? ‘Please, gentlemen, a little bluer, if you please! – when Franz Liszt addressed his orchestra […]
