E Critical Week For The Market
Jan 29, 2018Jeremy Parkinson0
The stock market is heading into its most exciting, and potentially most volatile, week so far this year as earnings season picks up the pace and the Federal Reserve convenes its first meeting of 2018. The combination of corporate results and the Fed could increase volatility in a market that has largely remained tranquil even […]
VIX Tops 13 As Stocks, Bonds, Bitcoin Sink
Jan 29, 2018Jeremy Parkinson0
The 10Y Treasury yield is back above 2.70%, VIX is back above 13, stocks are slumping notably, not helped by the demise of CAT and AAPL… So far , no dip-buyers… Small Caps have given up Friday’s gains… AAPL continues its freefall… And CAT is weighing on The Dow… The 10Y Treasury yield is back […]
US Savings Rate Hits 10-Year Low With Soaring Credit Card Debt
Jan 29, 2018Jeremy Parkinson0
The bond market sell-off continues pushing the 10-year Treasury bond yield, for the first-time since 2014, over 2.70% currently trading at 2.701% after hitting a yield earlier today of 2.72%! Some of you will be asking why you should care about the treasury bond market, but others involved with real estate or mortgages in any capacity […]
Why You Should Sell Ford Stock Now
Jan 29, 2018Jeremy Parkinson0
Ford (NYSE: F) has been an American business staple. Thanks to Henry Ford, automobiles became the standard mode of transportation for the United States and eventually the world. And while the automaker has experienced both highs and lows during its existence, it is entering into one of its darkest hours yet. While the stock market it […]
Is A Market Correction Coming? Yes, But…
Jan 29, 2018Jeremy Parkinson0
Is a market correction coming? Yes, of course! But I’m not going to predict when. During the World Economic Forum in Davos, the normally cautious hedge fund manager Ray Dalio (Bridgewater Associates) said that investors will feel really stupid if they hold cash. After hearing this, I thought for sure the markets would crumble (that’s […]
Conference Board Leading Economic Index: Record High In December, Annual Revisions
Jan 29, 2018Jeremy Parkinson0
The latest Conference Board Leading Economic Index (LEI) for December increased to 107.0 from 106.4 in November. The Coincident Economic Index (CEI) came in at 102.8, up from the previous month. Annual benchmark revisions were made. The Conference Board LEI for the U.S. increased for the third consecutive month in December, fueled by large positive contributions from […]
EUR/USD Reversal Or Retrace At 1.25 (Weekly Forex Overview 29 Jan – 2 Feb ’18)
Jan 29, 2018Jeremy Parkinson0
The EUR/USD is in a strong uptrend but price is building a bearish movement after hitting the 1.25 round level. The GBP/USD is following the EUR/USD with a similar retracement or reversal and USD/JPY is testing a key support zone. Video Length: 00:08:58
Goldman Thinks Stocks Might Actually Fall At Some Point In The Next Two Months
Jan 29, 2018Jeremy Parkinson0
Ok, well if what you needed to start your week on the “right” foot was Goldman telling you that “a correction of some kind seems a high probability in the coming months”, well then rejoice, because that’s exactly what the bank says in a brand new note. Basically, the latest from the bank’s global equity […]
AUDUSD Daily Analysis – Monday, Jan. 29
Jan 29, 2018Jeremy Parkinson0
AUDUSD’s upside movement from 0.7501 extended to as high as 0.8135. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and a breakout of 0.8135 resistance could take price to 0.8200 area. Only a clear break below the trend line support […]
Don’t Fight The Fed! Or The Rest Of The World’s Central Banks
Jan 29, 2018Jeremy Parkinson0
On March 9, 2009, The Wall Street Journal’s Money and Investing section posed this ominous question: “How low can stocks go?” The stench of economic malaise was suffocating as the Dow Jones Industrial Average (DJIA) rounded off its fourth straight week of losses, and the S&P 500 touched below 700 for the first time in […]