Macroeconomic Outlook For 2018 And Gold
Jan 12, 2018Jeremy Parkinson0
Luckily or not, 2017 is behind us. It was a positive year for the gold market, as the yellow market gained more than 12 percent. However, investors are forward-looking, so let’s focus on what the coming months will bring. The next year will be shaped mostly by the following broad economic trends: Global activity is […]
Dividends Are Losing Their Allure
Jan 12, 2018Jeremy Parkinson0
Investors have long looked to dividend stocks as a means to generating investment income.For decades this has been an effective strategy to increase cash from investing. However, in today’s market investors are more uncomfortable on how to identify new income opportunities.They should consider allocating a portion of their portfolio to selling options for premium income.The […]
Euro Surges To 3 Year High After German Parties Reach “Grand Coalition” Breakthrough
Jan 12, 2018Jeremy Parkinson0
The euro jumped to its highest level in three years after German negotiators reached a preliminary accord on a coalition. The report sent EURUSD surging over 100 pips, breaking above the resistance at Sept. 8 high of 1.2092 to jump as much as 0.7 percent to 1.2136, the highest since Dec. 2014. As Germany’s DPA […]
Silver Antidote To Bubble Craziness
Jan 12, 2018Jeremy Parkinson0
CHARACTERISTICS OF BUBBLE CRAZINESS: U.S. stocks, according to many measures, are the most over-valued in history. We live in a Bubble Zone! Bitcoin and other cryptos are definitely in a bubble, but they could rise even higher. Bonds yield little, and in many European countries, less than zero. Central banks have created this distortion to the detriment […]
Indian Indices End At Fresh Record High; Energy Stocks Witness Buying
Jan 12, 2018Jeremy Parkinson0
After trading on a volatile note in the afternoon session, Indian share markets witnessed buying interest at the end of the day and ended their session at a fresh record closing high. Losses were largely seen in the FMCG sector and realty sector, while energy stocks ended the day higher. At the closing bell, the BSE Sensex stood higher by 89 points (up 0.3%) […]
USD/JPY And NZD/USD Forecast – Friday, Jan 12
Jan 12, 2018Jeremy Parkinson0
USD/JPY The US dollar initially tried to rally against the Japanese yen, but struggled at the 112 level, and then rolled over as we received less than stellar economic numbers coming out of the United States during the day. Because of this, it’s likely that the market will continue to drift a little bit lower, […]
Stocks To Trade: IAC, XPO, CCE
Jan 12, 2018Jeremy Parkinson0
Friday’s stock picks: Long InterActiveCorp (IAC) Long XPO Logistics (XPO) Short Coca-Cola European Partners (CCE)
Bitcoin And Its Cryptocurrency Challengers: Money Or Mania?
Jan 12, 2018Jeremy Parkinson0
In the beginning, there was Bitcoin. We’re some way from that beginning now but we’re still looking at cryptocurrency Genesis. Spawned by the first coin’s astonishing price gains and by the increasing use of the underlying blockchain technology, new species are emerging to fight for dominance. And it seems the emergence rate will only increase. Some of the […]
Above The 40 – A Market Soaring Back To The Edge Of Overbought
Jan 12, 2018Jeremy Parkinson0
AT40 = 69.0% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 63.3% of stocks are trading above their respective 200DMAsVIX = 9.9Short-term Trading Call: cautiously bullish Commentary Last week, I complained about the stock market’s “rubber band” getting stretched. I claimed that AT40 (T2108), the percentage of stocks trading above their respective 40-day moving averages […]
A Reality Check Regarding China Purchases Of US Debt
Jan 12, 2018Jeremy Parkinson0
According to news reports, unnamed senior government officials in China have recommended slowing or halting the purchase of US Treasury securities. If China’s government really was planning to reduce its investment or rate of investment in US government debt, why would it announce the change beforehand given that doing so would potentially lower the market […]