BTC/USD Forex Signal – Monday, August 6
Aug 06, 2018
Jeremy Parkinson
Finance, No picture
Last Thursday’s signals were not triggered, as neither of the key levels were reached that day. Today’s BTC/USD Signals Risk 0.75% per trade. Trades may only be entered before 5pm Tokyo time, during the next 24-hour period today. Long Trade Go long after a bullish price action reversal on the H1 time frame following the next […]
Nutrisystem Rallies After Legion Partners Sees Path To $90 Share Price
Aug 06, 2018
Jeremy Parkinson
Finance, No picture
Legion Partners Asset Management late Thursday disclosed a 5.22% stake in Nutrisystem (NTRI), representing over 1.5M shares. The filing allows for activism. Legion believes the current market price of the shares does not reflect Legion’s intrinsic value. In the firm’s view, one of the key areas that does not appear to be well understood or […]
Tesla’s Cobalt Blues; Spin, Fake News Or Deception?
Aug 06, 2018
Jeremy Parkinson
Finance, No picture
“Spin” is a form of propaganda that relies on a biased interpretation of fact to influence opinion. “Fake News” is a more dishonest form of propaganda that relies on a combination of fact and falsehood to influence opinion. “Deception” is an even more dishonest form of propaganda that principally relies on falsehood to influence opinion. Depending […]
Forex Market Driven By US Inflation & Trade Tension
Aug 06, 2018
Jeremy Parkinson
Finance, No picture
With US-China Trade tension continuing to escalate, short USD/JPY? China said that it would impose levy tariffs on about $60b US goods as soon as the US enacts measures The focus for the coming week will be the ongoing trade-war escalations and the impact of the recent tariff measures on producer and consumer prices. Last week, Trump […]
The S&P 500 In The Week When Apple’s Market Cap Reached $1 Trillion
Aug 06, 2018
Jeremy Parkinson
Finance, No picture
We’re definitely on the backside of 2018-Q3’s earnings reporting season, where the pace of news about the previous quarters earnings is slowing and investors are turning their attention toward other diversions. In the first week of August 2018, the biggest diversion was the news that Apple (NYSE: AAPL) had become the U.S. stock market’s first trillion dollar […]
Crude Oil Prices Fell As China Rebuffed US Call To Cut Iran Imports
Aug 06, 2018
Jeremy Parkinson
Finance, No picture
Crude oil prices edged lower Friday after China said it will not follow the US’ lead in cutting imports from Iran. The re-imposition of sanctions following the Trump administration’s decision to scrap an Obama-era nuclear disarmament accord begins on Monday. Meanwhile, gold prices corrected a bit higher following the prior day’s steep losses. STRAY HEADLINES MAY SPARK OIL, GOLD […]
AUDUSD Daily Analysis – Monday, August 6
Aug 06, 2018
Jeremy Parkinson
Finance, No picture
AUDUSD continued its sideways movement in a trading range between 0.7310 and 0.7483. Another rise towards 0.7483 would likely be seen in the coming days. Support is at 0.7348, below this level could trigger another fall to test 0.7310 support.
Sensex Hits A New All-Time High; HDFC AMC Makes A Strong Debut
Aug 06, 2018
Jeremy Parkinson
Finance, No picture
Asian stock markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 0.5% while the Hang Seng is up 1.1%. The Shanghai Composite is trading down by 0.3%. US stocks advanced on Friday as upbeat earnings helped investors shrug off heightened trade anxieties and weaker-than-expected July jobs growth. Back home, India share markets have opened […]
Forex Forecast And Cryptocurrencies Forecast For August 06-10, 2018
Aug 06, 2018
Jeremy Parkinson
Finance, No picture
First, a review of last week’s forecast: EUR/USD. The past week was filled with events, which at another time could initiate quite strong movements in the market. But not now, not at the height of the holiday season. We did not expect any surprises either from the data on the Eurozone GDP or from the […]
If You’re Not Scared Of This Real Estate Misnomer, You Should Be…
Aug 06, 2018
Jeremy Parkinson
Finance, No picture
The National Association of Realtors (NAR) reports both current data and lagging data. But if you look only at the old data, it may cause you to make bad real estate investment decisions. With years of professional experience in the trenches of the real estate finance industry, and as an erstwhile homebuyer and seller, I […]