EUR/USD: Bullish, Triggers Long Term Uptrend
Jan 14, 2018Jeremy Parkinson0
The EUR/USD pair closed higher the past week triggering the resumption of a long term uptrend. On the upside, resistance comes in at the1.2250 level with a cut through here opening the door for more upside towards the 1.2300 level. Further up, resistance lies at the 1.2350 level where a break will expose the 1.2400 […]
3 Best Small-Cap Value Mutual Funds For Stunning Returns
Jan 14, 2018Jeremy Parkinson0
A small-cap value fund is a good choice for investors seeking diversification across sectors and companies, and focusing on gaining exposure to stocks that are trading at a discount. Those with a high-risk appetite should invest in these funds. Small-cap funds generally invest in companies having market cap of less than $2 billion. The companies, […]
Trading Support And Resistance – Jan. 14
Jan 14, 2018Jeremy Parkinson0
This week we’ll begin with our monthly and weekly forecasts of the currency pairs worth watching. The first part of our forecast is based upon our research of the past 16 years of Forex prices, which show that the following methodologies have all produced profitable results: Trading the two currencies that are trending the most strongly over […]
The Rush To The Euro With QE Ending?
Jan 14, 2018Jeremy Parkinson0
A reader asked, ” Mr. Armstrong; You have been calling for the dollar to decline against the Euro and it should test the 125 level. Do you see the dollar continuing to decline which then breaks the back of Europe with deflation and then everything flips?” My answer to that; Last year was an […]
USD/JPY Beginning To Fall – Forecast Jan. 15-19 2018
Jan 14, 2018Jeremy Parkinson0
Dollar/yen finally made a move and it was down. A small surprise from the BOJ and USD weakness, now originating from China, were the main culprits. Will the pair fall even lower? USD/JPY fundamental movers- Mini tantrum, Chinese worries The Bank of Japan surprised with an experiment in the bond market, raising concerns that it is about to tighten. […]
When Gold Goes Well
Jan 14, 2018Jeremy Parkinson0
To state that Gold is going well when it’s trading at half the market value it ought be is a bit of a stretch. In fact, as “bulled up” as Gold aficionados appear to be through these first nine trading days of the year, price being +2.5% is actually the second weakest “nine starting days […]
Silver Cycle Model Chart
Jan 13, 2018Jeremy Parkinson0
2018.01.11 Silver Cycle Model Chart This is the same model, and I thought it might not converge since it took more iterations than average, but it clearly shows, if it is correct, that the price has reached a local maximum at the beginning of this year. Going forward, we should expect to see lower silver […]
Knowledge Base: Simple Cumulative Average
Jan 13, 2018Jeremy Parkinson0
Using a simple cumulative average: as opposed to a simple moving average to compare the period in question (usually the current market, or a recent possible major low or high) with the prevailing trend or correction. Definition: Average of all closing prices from a designated starting point, which accumulates over time, as opposed to a […]
This Hasn’t Happened Since 2013…
Jan 13, 2018Jeremy Parkinson0
Listen, people are running out of superlatives when it comes to describing the inexorable rally in equities. Wait, that’s not entirely true. Donald Trump isn’t running out of superlatives because his vocabulary consists entirely of superlatives. But outside of the President, people are literally at a loss for words. “Even if you were the bullest of […]
3 Reasons To Play Small-Cap Value ETFs Over Growth Ones
Jan 13, 2018Jeremy Parkinson0
Investors are waiting with bated breath for small caps to turn around this year and cash in on the newly signed tax cuts. So, it is quite likely that they will be eager to know which theme to pick now — growth, value or blend. The tax bill cuts “the corporate rate from 35% to […]