Forex Strength And Comparison Week 14-April 3, 2016
Apr 03, 2016
Jeremy Parkinson
Finance
Welcome to my “Strength and Comparison” article for the coming week, the article “Ranking, Rating and Score” has also been published for this week. For analyzing the best pairs to trade looking from a longer term perspective the last 3 months Currency Classification can be used in support. This was updated on 27 March 2016 and is […]
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Crude Oil Market Observations With Volume, COT And US Dollar
Apr 03, 2016
Jeremy Parkinson
Finance
Unfortunately, last week I missed posting my pre-analysis on Crude oil. However, heading to the next week I wrote my thoughts and observations on this market, first going through the plain charts and then through the volume profiles. It’s a good idea to begin with the Commitments of Traders Report. Looking at this COT report, […]
SPX:VIX Ratio Reaches A Critical Crossroads
Apr 03, 2016
Jeremy Parkinson
Finance
Further to my posts of January 29 and February 17 (& March 3 update), price action on the SPX:VIX ratio has rallied and is now in between major support of 150 and major resistance at 160, as shown on the following monthly chart. The momentum indicator has also risen above the zero level and is hinting of higher prices to come at some point on this longer term […]
What To Watch On Wall Street This Week: Intercept Pharmaceuticals, Tesla Motors And Walgreens Boots Alliance
Apr 03, 2016
Jeremy Parkinson
Finance
Though it’s a quiet week on the earnings front, there is plenty to read into on Wall Street this week. Here is what you need to know as Intercept Pharmaceuticals Inc (NASDAQ:ICPT) meets the FDA to discuss a pipeline drug and analysts weigh in on Tesla Motors Inc (NASDAQ:TSLA) following the Model 3 reveal. Lastly, don’t miss out as Walgreens […]
BlackBerry Sets September Deadline For Its Handset Division
Apr 03, 2016
Jeremy Parkinson
Finance
BlackBerry (NASDAQ:BBRY) reported mixed Q4 2016 earnings on Friday before markets opened. While BlackBerry delivered a beat on earnings, it missed heavily on revenue. BlackBerry reported a non-GAAP EPS of -$0.03 against analysts’ estimates of -$0.09, an impressive beat. But the miss on revenue was heavy. It reported revenue of $487 million against estimates of $563 million. […]
Why Tiffany May Not Be A Good Pick For Your Portfolio
Apr 03, 2016
Jeremy Parkinson
Finance
In our school days, there was a saying, “A stitch in time saves nine”, meaning that timely action may prevent serious loss later on. How about applying the same principle to your portfolio? Exiting the underperforming stock at the right time helps maximize your portfolio’s return. Tiffany & Company (TIF – Analyst Report), the jewelry retailer, is one such […]
Canadian Dollar Breaks Away From G10 Data Disappointment Trend
Apr 03, 2016
Jeremy Parkinson
Finance
Fundamental Forecast for CAD: Bullish Canadian Dollar Strength Seen Continuing Into Q2 Canadian Dollar Positioning Warns That The USD/CAD May Fall Further Canadian Dollar May Find Renewed Strength If Oil Remains Elevated For more updates, sign up for Tyler’s e-mail distribution list. This range represents a fall of ~12.5% on the pair, and a lot of the move can be contributed to […]
Productivity Gains In U.S. Shale Oil
Apr 03, 2016
Jeremy Parkinson
Finance
Horizontal fracturing of tight hydrocarbon-bearing formations was responsible for a phenomenal resurgence in U.S. oil production, which rose more than 4 million barrels per day from 2010 levels before peaking in April of last year. Monthly U.S. field production of crude oil in thousands of barrels per day, Jan 1973 to Dec 2015. Data source: Monthly […]
Crunch Time
Apr 03, 2016
Jeremy Parkinson
Finance
Every day that goes buy I’m more surprised by this rally. But, it’s getting close to crunch time. Now it looks like the market is preparing to make a violent move (not that the 14% rally over the past six weeks hasn’t been violent). The question is, which direction? Take a look at 7 day […]
The Pitfalls Of Buying Gold And Silver Online, And How To Avoid Them
Apr 03, 2016
Jeremy Parkinson
Finance
Back in 2014, online bullion dealer Tulving shocked its many customers by suddenly failing. See Coinweek’s story: How does $40M of Gold and Silver Disappear: The Collapse of Tulving Company Last week another one bit the dust: NW Territorial Mint seeks bankruptcy protection (Seattle Times) – Northwest Territorial Mint, a Federal Way company that sells precious […]