EUR/USD: Triple Top Model Nearing Completion
Aug 29, 2017
Jeremy Parkinson
Finance
Previous: On Monday, the 28th of August, trading on the euro closed up. Buyers didn’t manage to reach 1.20, but renewed the Asian high from 1.1960 to 1.1986. Markets continue to feed off Janet Yellen’s and Mario Draghi’s speeches at Jackson Hole while the media is playing up Hurricane Harvey, saying that it is having a […]
CEO’s Best Beginner Stock Tips
Aug 29, 2017
Jeremy Parkinson
Finance
I’ll be honest, investing on your own is not easy for many people, in fact it can be terrifying. That being said, there is no reason why it shouldn’t be attempted by everyday people; in fact, it should be highly encouraged. This piece is inspired by an article interview from Business Insider with M1 Finance CEO, […]
Wesco Aircraft, Discarded Value In A Market Of Increasing Risk And Uncertainty
Aug 29, 2017
Jeremy Parkinson
Finance
Wesco Aircraft (WAIR) sparked my interest after ranking value attributes for a basket of over 3,000 companies. At first, it was the large debt reduction since 2014. Then the aggressive and historical outsized insider buying over the past two months, mean reverting stock performance with a -44% 52-week price change near 52 week low. Enterprise […]
DAX – Tuesday, August 29
Aug 29, 2017
Jeremy Parkinson
Finance
Test of long-term support is coming. Source: INVESTING.com
Key Dividend Increases From Last Week
Aug 29, 2017
Jeremy Parkinson
Finance
Firm Symbol Market Cap Yield % Increase Ex Dividend Sector Dividend Altria Group MO 122.94 4.12 8.2 14-Sep Consumer Staples 0.66 BHP Billiton ADR BHP 114.68 4.04 7.5 7-Sep Basic Materials 0.86 Intuit INTU 35.34 0.99 14.7 6-Oct Technology 0.39 Martin Marietta MLM 12.47 0.9 4.8 31-Aug Industrial 0.44 PetroChina ADR PTR 210.37 2.46 […]
EC
Is Global Liquidity Now Hostile For Equities?
Aug 29, 2017
Jeremy Parkinson
Finance
Last week I said that investors have plenty to worry about, but also that many of the traditional reasons to abandon ship—chiefly extended valuations and political paralysis and risk—perhaps weren’t as valid as many think they are. The most convincing argument for not panicking despite extended valuations is that ample global liquidity and low-interest rates remain […]
Top Five Things Happening In The Market Today
Aug 29, 2017
Jeremy Parkinson
Finance
Top 5 Things to Know Before You Start Trading This Tuesday gold is trading at 10 months high after North Korea fired a missile over Japan causing an explosive reaction in the markets. 1 – Markets See High Volatility After North Korea Launches Missile Over Japan North Korea Fires a missile over Japan and US and Asian stock […]
EUR/USD Seems Unstoppable – Breaks “Whatever It Takes” Level
Aug 29, 2017
Jeremy Parkinson
Finance
EUR/USD was only gradually getting closer to 1.20, but when it made a move, it was quite significant, to say the least. EUR/USD is already trading at 1.2067, a gain of around 90 pips on the day. After breaking above 1.20, the pair reached these new levels after an hour and 15 minutes. On the way, […]
Sensex Trades In Deep Red; Power Stocks Witness Selling
Aug 29, 2017
Jeremy Parkinson
Finance
After opening the day marginally higher, share markets in India have continued the momentum and are trading above the dotted line. All sectoral indices are trading on a negative note with stocks in the power sector and stocks in the consumer durables sector leading the losses. The BSE Sensex is trading down by 290 points (down 0.9%), and the NSE Nifty is trading […]
Not Even Junk Will Fetch High Interest Rates Anymore
Aug 29, 2017
Jeremy Parkinson
Finance
The Federal Reserve tries and tries and just can’t muster up some price-tag ripping price inflation. Blowing up its balance sheet from $900 billion to $4.5 trillion would have seemed to send us to Zimbabwe, but no, prices just won’t cooperate with the monetary masterminds toiling away in the Eccles Building. MarketWatch’s Caroline Baum says […]