Daily Market Analysis – 3/15/2016
Mar 15, 2016
Jeremy Parkinson
Finance
Video length: 00:01:37 During the day on Tuesday, it’s very likely that will have quite a bit of volatility because we have several different announcements coming out. We have the European employment numbers, the Core PPI, Core Retail Sales, and the Empire Stay Manufacturing Index out of the United States. Because of this, the market […]
Gold Gann Angle Update – March 14, 2016
Mar 15, 2016
Jeremy Parkinson
Finance
Gold Gann angles paint a nice picture. A pullback that so far has reacted to supporting 1×1 Blue Gann Angles. In short, we have a strong price reaction to GLD $100. Short covering or new investment, only future price action will confirm this. We shall have to watch the pullback nature of gold during the […]
Gold Daily And Silver Weekly Charts – FOMC Announcement On Wednesday The 16th
Mar 15, 2016
Jeremy Parkinson
Finance
Monday was a lightly traded day, with plenty of antics as the markets wait for something to act on, and if not, then anything the Fed might have to say on Wednesday. The US dollar was a little higher, and the precious metals moved a little lower in a fairly deliberate two step. It was […]
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The Battlegrounds Are Fluid
Mar 14, 2016
Jeremy Parkinson
Finance
The battlegrounds are fluid as multiple dynamics are going on in this world; with the outcomes hard to ascertain. Not to mention GAAP vs Non-GAAP earnings show an incredible divergence. Some believe an Election trend toward Trump is a potential negative; others see Trump or Clinton as neutral for markets, while Sanders would be bearish. Trump’s economics […]
Monday Movers In The Biotech Bear Market: ALNY, GILD, GWPH
Mar 14, 2016
Jeremy Parkinson
Finance
Look for Value + Growth Picks in a Biotech Bear Market Review our assumptions from previous posts: Biotech remains in a bear market so sector plays may not work. Stock picking and trading are the favored tactics in this market. New portfolio picks are larger caps for safety and growth (ABBV, BMY, GILD) and one […]
Why Our Financial System Is Like The Titanic
Mar 14, 2016
Jeremy Parkinson
Finance
Why did the Titanic sink, despite being considered unsinkable? The conventional answer is the design of its watertight compartments was flawed: the watertight bulkheads were limited in height to a few feet above the waterline. The ship was designed such that if the first few compartments were flooded, the flooding would be contained by the […]
AUDUSD: Weakens, Sees Corrective Pullback Risk
Mar 14, 2016
Jeremy Parkinson
Finance
AUDUSD. Having the pair capped its strength at 0.7593 level to close lower on Monday, a move further lower is now underway. On the downside, support resides at the 0.7450 level where a breach will aim at the 0.7400 level. Below that level will set the stage for a run at the 0.7350 level with […]
Coffee Downtrend Set To End
Mar 14, 2016
Jeremy Parkinson
Finance
The coffee price has risen from its lows and this could well be the start of the expected big rally which has been laid out previously. Let’s review the daily chart and monthly charts. COFFEE DAILY CHART We can see price has been moving up nicely since the January 2016 low at $112.53. To really […]
Jamba Inc. Misses Earnings Estimates, Beats On Revenue
Mar 14, 2016
Jeremy Parkinson
Finance
Jamba Inc. (JMBA – Snapshot Report) just released their fourth quarter fiscal 2015 earnings results, posting an earnings loss of $-0.28 per share and revenue of $19.5 million. Currently, JMBA has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this […]
Fed Market Intervention And Stock Market Fraud
Mar 14, 2016
Jeremy Parkinson
Finance
The Shadow of Truth presents a “Market Update” in which we discuss the extreme fraud and deception that has engulfed the stock market – see below for our audio discussion: The governments in my view, with their agents the Federal Reserve and other central banks and with the treasury department, they will do anything not […]