Is Ford’s 6% Yield More Reliable Than Its Cars?
Sep 06, 2018
Jeremy Parkinson
Finance
When it comes to safety and reliability, Ford Motor Company (NYSE: F) doesn’t have the greatest reputation. And its dividend may soon be equally tarnished. The company has paid shareholders $0.60 per share every year, not including special dividends, since 2015. It cut the dividend completely in 2006 and didn’t resume paying one until 2012. The yield is a […]
USDCAD Daily Analysis – Thursday, Sept. 6
Sep 06, 2018
Jeremy Parkinson
Finance, No picture
USDCAD remains in the uptrend from 1.2887. Further rise is still possible and next target would be at 1.3300 area. Near-term support is at 1.3120, only a breakdown below this level could bring the price back towards 1.3000.
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Markets: Opposition
Sep 06, 2018
Jeremy Parkinson
Finance
There is a bit of a Hamlet moment for trading markets this week, some want to take arm against a sea of troubles and by opposing end them. Others are less courageous. The US divergence theme isn’t going away but its meeting up with ugly politics in the US with the net result that the […]
Emerging Market Debt Crisis – A Reality Check
Sep 06, 2018
Jeremy Parkinson
Finance
There are at least three major factors that are not calculated in this perspective. The dollar debt rises exponentially in the cost to service that debt as the currency declines. It was that very relationship which sent Germany into hyperinflation during the 1920s. Germany had to print more money to make reparation payments and the more they […]
Bitcoin Is At $24,000?
Sep 06, 2018
Jeremy Parkinson
Finance
Despite a myriad of bitcoin rumors (which we’ll get into below) causing the price to fall in most places, in some places, bitcoin is in fact way up!! On Iran’s Exir exchange, the price was reported to be as high as 100 million Tomans on Tuesday, which translates to about $24,000 at current prices. This comes following an […]
AUDUSD: Backs Off Lower Prices, Sets Up For More Strength
Sep 06, 2018
Jeremy Parkinson
Finance
The AUDUSD pair backed off lower prices to close higher on Wednesday. Support resides at the 0.7150 level where a breach will aim at the 0.7100 level. Below that level will set the stage for a run at the 0.7050 level with a cut through here targeting further downside pressure towards the 0.7000 level. On […]
The Impact Of The U.S.- China Trade War On Their Trade To Date
Sep 06, 2018
Jeremy Parkinson
Finance
According to the U.S. Census Bureau, the United States’ trade deficit with China hit a record high in July 2018, with U.S. imports of Chinese goods rising year over year and Chinese imports of U.S. goods falling over the same period. The following chart shows what the year over year growth rate of trade in goods and […]
Below-Average Profitable Growth At Bangkok Expressway And Metro
Sep 06, 2018
Jeremy Parkinson
Finance
Background Bangkok Expressway and Metro Public Company Limited has a government concession for construction and operation of various segments of the city’s major expressways. It also operates and manages two of Bangkok’s subway train lines, the Blue and Purple lines, and is involved in media and related services on and along those transit routes. Business […]
S&P 500 And Nasdaq 100 Forecast – Thursday, Sept. 6
Sep 06, 2018
Jeremy Parkinson
Finance
S&P 500 The S&P 500 broke down a bit during the trading session as James Bullard decided to point out the obvious fact that every time the Federal Reserve raises interest rates, a recession follows. It was a bit of a surprise to me that most of the market didn’t know this, so the sharp […]
Sensex Trades Flat; Aurobindo Pharma Surges 5.7% On Acquisition News
Sep 06, 2018
Jeremy Parkinson
Finance, No picture
Stock markets in India pared gains to turn flat as the rupee continues to remain weak after 6 straight sessions of fall. Losses are largely seen in metal stocks and FMCG stocks. The BSE Sensex is trading up by 47 points and the NSE Nifty is trading up by 6 points. Meanwhile, the BSE Mid Cap index and the BSE Small Cap index both are trading flat. […]