Job Openings Decline By 284,000 But Still Near Record Highs
Nov 06, 2018
Jeremy Parkinson
Finance, No picture
September job openings level fell to 7.0 million (-284,000) after reaching a revised series high of 7.3 million in Aug. The BLS Job Openings and Labor Turnover (JOLTS) report shows openings at the end of September fell to 7 million from an upwardly revised record high in August. Job Openings On the last business day of September, […]
Can Low Volatility ETFs Protect Your Portfolio?
Nov 06, 2018
Jeremy Parkinson
Finance, No picture
Video Length: 00:09:44 Stocks have been extremely volatile over the past few weeks, making investors nervous about the safety of their portfolios. Volatility is expected to stay at elevated levels as there are so many factors to worry about now including midterm elections, trade & tariff tensions, slowing global economy and peak earnings. In this […]
AUD/USD Weekly Technical Outlook– Aussie Eyes Yearly Slope Resistance
Nov 06, 2018
Jeremy Parkinson
Finance, No picture
In this series, we scale-back and take a look at the broader technical picture to gain a bit more perspective on where we are in trend. The Australian Dollar is testing yearly slope resistance on the heels of the RBA decision with the US Midterm Election results and the FOMC interest rate decision on tap. Here are the key targets & invalidation levels that […]
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Emerging Markets Not Really Emerging
Nov 06, 2018
Jeremy Parkinson
Finance, No picture
In recent weeks, if not months, I’ve seen plenty of calls in support of emerging markets. After a decade of lagging performance, it was time for the pendulum to swing in their favor. Or was it? Right now, commodities are still mostly weak and the U.S. dollar is mostly strong. That’s not the recipe for […]
Three Things I Think I Think – What In The Hell Is Going On Out There?
Nov 06, 2018
Jeremy Parkinson
Finance, No picture
Here are some things I think I am thinking about. 1) Has Mr. Market Finally Lost His Mind? It seems that everyone is losing their mind over politics so I’ve been rather amazed that the financial market has held it together this long. That changed a bit in October as the MSCI All World Stock Index […]
Job Openings & Labor Turnover: Clues To The Business Cycle – Tuesday, Nov. 6
Nov 06, 2018
Jeremy Parkinson
Finance, No picture
The latest JOLTS report (Job Openings and Labor Turnover Summary), with data through September, is now available. From the press release: The number of job openings decreased to 7.0 million on the last business day of September, the U.S. Bureau of Labor Statistics reported today. Over the month, hires and separations were both little changed at 5.7 […]
Sticky Gold Prices Met With Jump In Net-Short Interest
Nov 06, 2018
Jeremy Parkinson
Finance, No picture
The recent rebound in gold appears to have stalled going into the U.S. mid-term election as the precious metal holds a narrow range, but there appears to be a more dynamic shift in market sentiment as the stickiness in the price for bullion spurs a jump in net-short retail interest. STICKY GOLD PRICES MET WITH JUMP IN […]
Bojangles To Be Acquired By Durational Capital, Jordan For $16.10 Per Share
Nov 06, 2018
Jeremy Parkinson
Finance, No picture
Bojangles’, Inc. announced that it has entered into a definitive agreement to be acquired by Durational Capital Management LP and The Jordan Company, L.P. Under the terms of the agreement, Durational Capital Management LP and The Jordan Company, L.P. will acquire the Company in an all cash transaction. Bojangles’ stockholders will receive $16.10 per share, […]
Technically Speaking: Election Day & What Happens Next
Nov 06, 2018
Jeremy Parkinson
Finance, No picture
In this past weekend’s newsletter, I noted Raymond James’ Kevin Giddis’ three possible outcomes for the mid-term elections: “What could a potential change do for bonds and stocks? There are many possible scenarios, so the devil is in the details. I will lay out a couple of them for you: 1) The Republicans could lose the House, or […]
BTC/USD Forex Signal – Tuesday, Nov. 6
Nov 06, 2018
Jeremy Parkinson
Finance, No picture
Yesterday’s signals were not triggered, as unfortunately the bullish price action took place below the support level at $6,379. Today’s BTC/USD Signals Risk 0.75% per trade. Trades may only be taken until 5pm Tokyo time today, over the next 24-hour period. Long Trade Go long after a bullish price action reversal on the H1 time frame […]