How (And Where) To Stay Bullish On IG Credit
Sep 06, 2018
Jeremy Parkinson
Finance, No picture
Investors are nervous. In a recent JPMorgan survey,1 the bank highlighted that investment-grade (IG) credit would likely face several headwinds through the end of the year due to increased supply, less-favorable fundamentals and noise from the midterm elections. In our view, a straightforward way to combat these challenges is by taking a fundamental approach and increasing positions in the short […]
Trump Is Winning The Trade War
Sep 06, 2018
Jeremy Parkinson
Finance, No picture
Market will rip on a Mexico/US Deal Trump continues to throw the U.S.’s economic weight around. He has picked fights with pretty much every major trading partner: Europe, Canada, Mexico and China. Any movement in his favor means major economic boosts in the form of greater exports and domestic production. The stock markets have already concluded […]
Canada, The Petroyuan Thesis, And Balance Of Trade Issues In Pictures
Sep 06, 2018
Jeremy Parkinson
Finance, No picture
As NAFTA negotiations linger on, let’s step back and see what Trump’s threats are all about. The US has had a goods surplus with Canada every month since 1985. Nonetheless, Trump is incredibly annoyed at Canada and threatens to put tariffs on Canadian cars. Well, Trump better make that US cars because Canada does not […]
FANG Stocks & Nike Politics Now Impacting Stock Charts
Sep 06, 2018
Jeremy Parkinson
Finance, No picture
A discussion on the FANG stocks, on Nike and their decisions to allow their left-leaning politics to influence their businesses.Is their strategy helping them to become more profitable or are they hurting their business? Video Length: 00:25:56
Weekly Unemployment Claims: Down 10K, Lowest In Over 48 Years
Sep 06, 2018
Jeremy Parkinson
Finance, No picture
Here is the opening statement from the Department of Labor: In the week ending September 1, the advance figure for seasonally adjusted initial claims was 203,000, a decrease of 10,000 from the previous week’s unrevised level of 213,000. This is the lowest level for initial claims since December 6, 1969 when it was 202,000. The […]
BTC/USD Forex Signal – Thursday, Sept. 6
Sep 06, 2018
Jeremy Parkinson
Finance, No picture
Yesterday’s signals were not triggered, as there was no bullish price action at $7,333 or $7,128. 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. Long Trades Long entry after a bullish price action reversal on the H1 time frame following the next touch […]
Indian Indices Chart Turnaround; Pharma Stocks Top Gainers
Sep 06, 2018
Jeremy Parkinson
Finance, No picture
After opening the day in green, share markets in India witnessed positive trading activity throughout the day and ended the day in green. Sectoral indices too ended the day in green, with stocks in the pharma sector and stocks in the FMCG sector leading the gains. At the closing bell, the BSE Sensex stood higher by 225 points (up 0.6%) and the NSE Nifty closed […]
Link Between Inflation & Output Gap
Sep 06, 2018
Jeremy Parkinson
Finance, No picture
The simplest explanation as to why stocks are having a solid year in 2018 is because inflation has been tepid. Inflation is high enough to push real wage growth negative and come close to matching the cycle high, but it isn’t high enough to cause the Fed to hike rates quickly. The economy is in the 9th year of […]
EUR/USD: Trump’s Tariffs May Limit Any Gains
Sep 06, 2018
Jeremy Parkinson
Finance, No picture
The EUR/USD holds onto high ground, buoyed by Brexit optimism. Markets await an announcement by the US on new China tariffs. The technical picture has improved for the pair. The EUR/USD is trading above 1.1600, holding onto some of the gains recorded on Wednesday. Reports about a breakthrough in Brexit talks sent the Pound shooting higher, […]
USDCAD Daily Analysis – Thursday, Sept. 6
Sep 06, 2018
Jeremy Parkinson
Finance, No picture
USDCAD remains in the uptrend from 1.2887. Further rise is still possible and next target would be at 1.3300 area. Near-term support is at 1.3120, only a breakdown below this level could bring the price back towards 1.3000.