Weekly Commentary: Canary In The Credit Market’s Coal Mine
Nov 18, 2018
Jeremy Parkinson
Finance, No picture
What ever happened to “Six Sigma”? GE was one of the most beloved and hyped S&P 500 stocks during the late-nineties Bubble Era. With “visionary” Jack Welch at the helm, GE was being transformed into a New Age industrial powerhouse – epitomizing the greater revolution of the U.S. economy into a technology and services juggernaut. […]
USD/JPY Weekly Analysis – Sunday, Nov. 18
Nov 18, 2018
Jeremy Parkinson
Finance, No picture
USD/JPY failed to break above 114.54 resistance and pulled back to 112.60 area, suggesting that a lengthier consolidation for the uptrend from 104.63 is needed. However, as long as the price is in the price channel on the daily chart, the uptrend could be expected to resume and a further rise towards 115.50 resistance is […]
Global Markets Braced For Brexit Chaos And Italian Showdown
Nov 18, 2018
Jeremy Parkinson
Finance, No picture
EQUITY ANALYSIS AND NEWS FTSE 100 | Brexit Uncertainty to Persist, Key Support Tested S&P 500 | 2700 Curbs Further Losses, Risk Barometer Points to Indecision FTSE MIB | Italian Budget Showdown Continues Price 200DMA RSI IG Sentiment Europe FTSE 100 7013 7404 59 Mixed DAX 11341 12333 57 Mixed CAC 40 […]
German ETFs In Focus As Economy Shows Signs Of Cooling
Nov 18, 2018
Jeremy Parkinson
Finance, No picture
The Eurozone seems to be caught up in a bad state of affairs with the political and economic turbulence doing the rounds. Adding to the woes in the region were the recently released output numbers from Germany for the July-September quarter, which fell by 0.2% from the previous quarter. More than one-fifth of European Union’s […]
Forex Forecast: Pairs In Focus – Sunday, Nov. 18
Nov 18, 2018
Jeremy Parkinson
Finance, No picture
The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits. Each week I am going to analyze fundamentals, sentiment and technical positions in order to […]
USD/CAD Weekly Analysis – Sunday, Nov. 18
Nov 18, 2018
Jeremy Parkinson
Finance, No picture
USD/CAD stays above a rising trend line on the daily chart and remains in the uptrend from 1.2782. As long as the trend line support holds, the uptrend could be expected to continue and the next target would be at the 1.3350 area. Key support is at 1.3048, only a breakdown below this level could […]
Week In Review (Nov 12, 2018 – Nov 16, 2018)
Nov 18, 2018
Jeremy Parkinson
Finance, No picture
Video length: 00:04:11 Taking a look at Global Markets. “Embrace the Grind!” The day to day has had some whip to it. What prices looked good? Where did we put cash to work? How about energy? We have an update for you about International and Emerging Markets.
Underlying Inflation Gauge: October Update
Nov 18, 2018
Jeremy Parkinson
Finance, No picture
Here is the latest from the NY Fed: The UIG “full data set” measure decreased from a currently estimated 3.10% in September to 3.07% in October. The “prices-only” measure increased from 1.94% in September to 2.00% in October. The twelve-month change in the October CPI was +2.5%, a 0.2 percentage point increase from September. The […]
Weekly Economic And Political Timeline – Sunday, Nov. 18
Nov 18, 2018
Jeremy Parkinson
Finance, No picture
This week is likely to see a less activity compared to last week, with little central bank input due for any major currencies and very little data due in general. The most important data releases concern the Australian and Canadian Dollars. The market is likely to be most active on Tuesday. Thursday is a public holiday in […]
The Destabilizing Lynchpins Of The Market
Nov 18, 2018
Jeremy Parkinson
Finance, No picture
US equities retreated this week, ranging from down over -2% for both the Dow and NASDAQ 100 to down -1.3% for the Russell 2000 and the S&P 500. FANG stocks have completely unraveled, down 20 – 40% from respective highs, with Facebook reeling on multiple fronts. Latest medical research shows that people who are big users […]