Stocks Going Ex Dividend In The Third Week Of July
Jul 13, 2017Jeremy Parkinson0
Here is our latest update on the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only […]
The Short-Term Flipped To An Uptrend
Jul 13, 2017Jeremy Parkinson0
The short-term flipped to an uptrend yesterday. I will wait until Saturday to review the medium-term, but 11 of the 47 ETFs that I track closed at new highs today. So, it is hard to make the case that the current medium-term market trend is negative This chart of the institutional index looks like it […]
Auto Time Bomb: Slowdown Coming Up, Manufacturing Has Peaked This Cycle
Jul 13, 2017Jeremy Parkinson0
The Brookings Institute says Auto slowdown Flashes Caution Lights for Manufacturing Employment and Trump. A switch to self-driving, trends towards electric, and a glut of used cars are all in the spotlight. After seven years of strong growth following the 2008 economic crisis and federal bailouts of both General Motors (GM) and Chrysler (FCAU), auto sector […]
Silver – The Demand In Action
Jul 13, 2017Jeremy Parkinson0
Although for the last two days gold and silver regained some ground but, generally, precious metals investors feel a lot of pain this year. For example, on July 10 the silver was trading at this year’s lowest level so far. However, it looks like lower prices of silver attracted a bunch of investors who started aggressive accumulation […]
Stocks Watch-List: WB, A, QSR
Jul 13, 2017Jeremy Parkinson0
Today’s stock picks: Long Weibo (WB) Long Agilent Technologies (A) Short Restaurant Brands International (QSR)
EUR/USD Forex Signal – Thursday, July 13
Jul 13, 2017Jeremy Parkinson0
Yesterday’s signals were not triggered as there was no bullish price action at 1.1461. Risk 0.75%. Trades may be entered before 5pm London time today only. Long Trades Go long following a bullish price action reversal on the H1 time frame immediately upon the next touch of 1.1409 or 1.1382. Place the stop loss 1 pip […]
“Canada Is In Serious Trouble” Again, And This Time It’s For Real
Jul 13, 2017Jeremy Parkinson0
Some time ago, Deutsche Bank’s chief international economist, Torsten Slok, presented several charts which showed that “Canada is in serious trouble” mostly as a result of its overreliance on its frothy, bubbly housing sector, but also due to the fact that unlike the US, the average household had failed to reduce its debt load in time. Additionally, […]
Fed Yellen’s Testimony: Uncertainty About Inflation A Signal Of Slower Pace Of Further Hikes – ABN AMRO
Jul 13, 2017Jeremy Parkinson0
Fed Chair Janet Yellen said they are monitoring inflation closely, but also expressed optimism about the economic situation. What does it mean for the Fed? Here is the view by ABN AMRO: Here is their view, courtesy of eFXnews: ABN AMRO Research comments on Fed Yellen’s testimony before the Congress. “Although the Fed seemed to stick to […]
EUR/USD Bearish Momentum At 1.15 Could Start Wave 4 Retracement
Jul 13, 2017Jeremy Parkinson0
EUR/USD 4 hour The EUR/USD bullish breakout reached the 1.15 target but then fell quickly down to 1.14. The bearish reaction could indicate that the waves 5 have been completed within wave 3 (green), which could indicate the start of a bearish retracement within wave 4 (green) towards the Fibonacci retracement levels of wave 4 […]
EUR/USD: Price Has Restored To The 45th Degree
Jul 13, 2017Jeremy Parkinson0
Previous: On Wednesday, trading on the euro closed down. Market volatility was high as Janet Yellen’s pre-prepared remarks were published. She remarked that the US economy was growing fast enough for another rate hike and plans to continue normalising the Fed’s balance sheet. The dollar strengthened against its major rivals on this news. In theory, […]