Bearish USD/JPY Sequence Keeps Downside Targets On Radar
Aug 13, 2018
Jeremy Parkinson
Finance, No picture
JAPANESE YEN TALKING POINTS USD/JPY dips to a fresh monthly-low (110.11) as the latest adjustment in U.S. trade policy fuels the risk for a global trade war, and recent price action keeps the near-term outlook tilted to the downside as the exchange rate continues to carve a series of lower highs & lows. BEARISH USD/JPY SEQUENCE […]
China’s Coming Austrian Collapse
Aug 13, 2018
Jeremy Parkinson
Finance, No picture
“The coming collapse of China” has been predicted many times. Indeed, an excellent book of that title was a best-seller back in 2001. Yet the fictitiousness of Chinese economic statistics remains, and the over-leverage in the economy worsens. Like several other successful non-market economies, China has successfully sought rents from other countries through flaws in […]
How To Obtain Leverage Without Margin Or Loans
Aug 13, 2018
Jeremy Parkinson
Finance, No picture
Tamara buys a stock market index (VTI) and reinvests her dividends. She doesn’t use leverage. She began investing exactly ten years ago and has made 178% on her investments, for an annualized return of 10.76%. Her initial $100,000 investment is now worth $278,000. Jessika buys the same stock market index and reinvests her dividends. But she does use […]
Redfin Waves A Red Flag Warning At The Housing Market
Aug 13, 2018
Jeremy Parkinson
Finance, No picture
Redfin (RDFN) may have provided one of the first validations of the (presumed) investor fears that have weighed down the stocks of home builders since the February sell-off. In its last earnings report on August 9, 2018, RDFN provided this brief, yet significant, warning: “We expect U.S. home sales growth to slow and even perhaps reverse […]
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Forex Analysis Of EUR/USD For Monday, August 13
Aug 13, 2018
Jeremy Parkinson
Finance, No picture
First, we look into the previous day trade and what happened on August 10, 2018, and the EUR/USD pair opened at 1.15256 and went high at 1.15357 and gone to low at 1.13873 and finally closed at 1.14098. The calculated pivot point for the day is 1.14442 The difference between high and low was 148 […]
Sensex Ends 224 Points Lower; Banking And Energy Stocks Witness Selling
Aug 13, 2018
Jeremy Parkinson
Finance, No picture
Indian share markets continued to trade in the red during the closing hours of the trading session and ended the day on a negative note. Losses were largely seen in the energy sector and banking sector. At the closing bell, the BSE Sensex stood lower by 224 points (down 0.6%) and the NSE Nifty closed lower by 74 points (down 0.7%). The BSE Mid […]
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Markets: Another War?
Aug 13, 2018
Jeremy Parkinson
Finance, No picture
We started with trade wars, moved to currency wars and now are in economic war. Turkish President Erdogan uses the term as he rails like King Lear against the storm. The difference maybe just words but the sentiment is that all tools are available for retaliation. The sanctions from the US on Russia and Turkey […]
OpenText Software: Better To Manage Random Info
Aug 13, 2018
Jeremy Parkinson
Finance, No picture
Today I’m reviewing a large-cap software – application firm by the name of Open Text Corporation. Its trading ticker symbol is OTEX. Open Text Corp develops and sells enterprise information management (EIM) software. The company offers EIM software that allows clients to archive, aggregate, retrieve, and search unstructured information the better to manage it. In […]
Emerging Market Crisis Beckons As Currencies Shudder Amid Lira Drop
Aug 13, 2018
Jeremy Parkinson
Finance, No picture
Since April, when the dollar finally shook off the stigma from America’s deteriorating fiscal outlook on the way to rallying behind hawkish Fed policy and a favorable shift in rate differentials, questions about the resiliency of emerging markets have popped up time and again. “Monetary stimulus by the Fed and other advanced economies played a […]
Japan’s GDP: In The Sweet-Spot
Aug 13, 2018
Jeremy Parkinson
Finance, No picture
Japan’s GDP report was a nice, positive surprise. Real GDP accelerated 1.9% in the April–June quarter, which was about half a percent better than consensus expectations. After the contraction in the previous quarter, this suggests an underlying growth rate of around 1% so far this year. This is right around Japan’s growth potential—fast enough for corporate profits […]