Harris, L3 Technologies To Combine In Merger Of Equals
Oct 14, 2018
Jeremy Parkinson
Finance, No picture
Harris Corporation (HRS) and L3 Technologies (LLL) have agreed to combine in an all stock merger of equals. Under the terms of the merger agreement, which was unanimously approved by the boards of directors of both companies, L3 shareholders will receive a fixed exchange ratio of 1.30 shares of Harris common stock for each share […]
Forex Forecast: Pairs In Focus – Sunday, Oct. 14
Oct 14, 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 […]
Big Problems In The Stock Market
Oct 14, 2018
Jeremy Parkinson
Finance, No picture
Do you want to see something really ugly? Look no farther than the daily bar chart for the Dow Jones below. Yep, Mr. Bear was a bad bear this week. The Dow Jones saw two new all-time highs last week yet closed this week down 5.55% from them. This decline may not sound very dramatic, […]
USD/JPY Forecast Oct. 15-19 – Waiting For The Next Hammer From Stocks To Fall
Oct 14, 2018
Jeremy Parkinson
Finance, No picture
Dollar/yen tumbled down alongside global stock markets and as US data fell short of expectations. What’s next? The upcoming week features US retail sales, the FOMC meeting minutes and eyes wide open to developments in equity markets. USD/JPY fundamental movers The Japanese yen returned to its role as a safe-haven currency. The sell-off in stocks sent money flowing into […]
Seeking Alpha In Bitcoin Or Ethereum? Try Cryptocurrency Hedge Funds
Oct 14, 2018
Jeremy Parkinson
Finance, No picture
Cryptocurrency hedge funds are still a fairly new investment vehicle, but we’re already getting a pretty good idea of how they stack up against simple passive investments in two common underlying currencies. The bitcoin price and ethereum price have both plunged this year, leaving cryptocurrency hedge funds scrambling for cover. However, performance data shows that […]
USDJPY Weekly Analysis – Sunday, Oct. 14
Oct 14, 2018
Jeremy Parkinson
Finance, No picture
USDJPY broke below the bottom of the price channel on the daily chart, suggesting that the short term uptrend from 109.77 had completed at 114.54 already. A further decline could be expected and the next target would be at the 110.50 area. Key support is at 109.77 and a breakdown below this level would confirm […]
Weekly Economic And Political Timeline – Sunday, Oct. 14
Oct 14, 2018
Jeremy Parkinson
Finance, No picture
This week is likely to be more active, as there is significantly more important data scheduled for release this week compared to last week. There will be some key data concerning the U.S. Dollar particularly, as well as the British Pound and the Canadian Dollar. The market is likely to be most active on Thursday. U.S. […]
Harris, L3 Technologies Near Agreement To Merge, WSJ Reports
Oct 14, 2018
Jeremy Parkinson
Finance, No picture
Harris Corporation (HRS) and L3 Technologies (LLL) were in advanced discussions as of Friday to combine in a stock deal, Dana Mattioli and Dana Cimilluca of Wall Street Journal report, citing people familiar with the matter. The deal, which the companies are aiming to close as soon as this weekend, is expected to be marketed […]