USD/JPY Price Outlook: Yen Decision Time As Rally Tests Yearly Highs
Sep 27, 2018
Jeremy Parkinson
Finance, No picture
The Japanese Yen has continued to trade within the confines of an ascending pitchfork formation extending off the yearly lows with price now approaching resistance just ahead of the median-line/yearly highs. Here are the updated targets and invalidation levels that matter on the USD/JPY charts heading into the start close of September trade. Review this week’s Strategy Webinar for an in-depth breakdown […]
5 Top Apparel Stocks To Buy Before The Holidays Start
Sep 27, 2018
Jeremy Parkinson
Finance, No picture
Retailers are set to hire a record number of workers for the upcoming holiday season. Moreover, with strong consumer confidence, higher wages, and record low unemployment, an increasing number of Americans are willing to spend more. Additionally, U.S. apparel retailers saw growth in same-store sales in August and are expected to maintain the momentum in […]
Pending Home Sales Fell Slightly In August
Sep 27, 2018
Jeremy Parkinson
Finance, No picture
This morning the National Association of Realtors released the August data for their Pending Home Sales Index. Here is an excerpt from the latest press release: Lawrence Yun, NAR chief economist, says that low inventory continues to contribute to the housing market slowdown. “Pending home sales continued a slow drip downward, with the fourth month […]
Take The Precious Metal Tide Or End Up In Miseries
Sep 27, 2018
Jeremy Parkinson
Finance, No picture
With global investment markets standing at crossroads, investors have the option to lose it all or to benefit from the biggest wealth transfer in history. I have quoted this passage from Shakespeare’s Julius Caesar many times but it is more appropriate than ever for the situation the world is now in: “There is a tide […]
Headline Durable Goods Orders Up 4.5% In August
Sep 27, 2018
Jeremy Parkinson
Finance, No picture
The Advance Report on Manufacturers’ Shipments, Inventories, and Orders released today gives us a first look at the latest durable goods numbers. Here is the Bureau’s summary on new orders: New orders for manufactured durable goods in August increased $11.1 billion or 4.5 percent to $259.6 billion, the U.S. Census Bureau announced today. This increase, […]
Datawatch’s Future Value
Sep 27, 2018
Jeremy Parkinson
Finance, No picture
Summary *)The turnaround for DWCH started quarter 4 2015. Near an average of 18% year over year quarterly revenue growth during the past two years. The accelerating growth was after costly strategic mistakes from 2013 to the end of 2015. *)Intrinsic value is improving from the increasing percentage of recurring revenue now at 60% expected to grow […]
BEA Leaves 2nd Quarter 2018 GDP Growth Essentially Unchanged At 4.16%
Sep 27, 2018
Jeremy Parkinson
Finance, No picture
In their third (and final) estimate of the US GDP for the second quarter of 2018, the Bureau of Economic Analysis (BEA) reported that the US economy was growing at a +4.16% annual rate, down an inconsequential -0.07% from their previous estimate and but still up +1.94% from the prior quarter. None of the reported revisions were […]
The Three Largest Cryptocurrencies – Thursday, Sept. 27
Sep 27, 2018
Jeremy Parkinson
Finance, No picture
With so much focus on bitcoin lately, we’ve added a new weekly update that tracks the three largest cryptocurrencies by market share: bitcoin, Ether, and Ripple. According to Wikipedia, a cryptocurrency is “a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional […]
Hold Back The Barrels
Sep 27, 2018
Jeremy Parkinson
Finance, No picture
Hold Back the barrels and we’ll have a barrel of fun. Hold back the barrels and we will get crude on the run. Zing boom tararrel, the breakout in oil is clear, now when you hold back the barrels the short fall is here. Oil prices tried to back off after the Energy Information Administration […]
3 Boring Companies Ready To Outperform
Sep 27, 2018
Jeremy Parkinson
Finance, No picture
Seems like the well-known names and cannabis stocks are getting all the attention. But there are attractive opportunities out there that the market 1. hasn’t caught onto 2. doesn’t care about because it isn’t sexy enough Here are 3 that caught my eye and the criteria I’m using to find them. Searching Criteria While papers […]