Life After The Robot Apocalypse
Mar 12, 2017Jeremy Parkinson0
Two weeks ago, I compiled a list of the 5 jobs robots will take first. Last week, I compiled a list of the 5 jobs robots will take last. Both previous essays are about robots replacing human workers who do cognitive non repetitive work (such as middle managers, salespersons, tax accountants, and report writers) that most people […]
Buying Stalls
Mar 12, 2017Jeremy Parkinson0
Over the past few weeks the number of bullish stocks on Twitter have fallen sharply. This indicates that buyers of the most bullish stocks dried up as the S&P 500 Index (SPX) pushed up into the 2400 area. Although buyers are slowing down, the sellers of bearish stocks haven’t materialized. That condition is keeping overall […]
Expectations Blur With Fed, BoE And BoJ Rate Decisions Ahead
Mar 12, 2017Jeremy Parkinson0
Monetary policy isn’t the straightforward fundamental driver it once was. This past week, the Dollar struggled despite strong NFPs and a certainty of a FOMC hike while the Euro rallied after reports the ECB discussed the future of hikes. Be prepared for unusual response to the Fed, BoE, BoJ and even SNB decisions ahead. US Dollar Forecast: Dollar Will […]
A Most Wonderful Year For Small-Caps
Mar 12, 2017Jeremy Parkinson0
By Royce Funds We believe we have turned the page on the 2011-2015 period in which financial markets behaved in such odd ways, and expect a strong multi-year period for thoughtful and disciplined small-cap active management. 3112014 / Pixabay Small-Caps By any measure, 2016 was a terrific year for small-cap stocks, one that featured a double-digit positive return for […]
USD/CAD Forecast Mar. 13-17
Mar 12, 2017Jeremy Parkinson0
The Canadian dollar continues to sag, losing 80 points last week. USD/CAD closed the week at 1.3464. This marked the pair’s highest weekly close in 2017. This week’s key event is Manufacturing Sales. Here is an outlook on the major market- movers and an updated technical analysis for USD/CAD. The US labor picture remains rosy, and a sparkling nonfarm payrolls report has […]
Forex Strength And Comparison For Week 11 / 2017
Mar 12, 2017Jeremy Parkinson0
In the Currency Strength table, the USD was again the strongest currency while the GBP was the weakest. It was quiet last week compared to the week before. All the Currencies remained around the level of the previous week with a maximum difference of just 1 point. ______________________________________ 13 Weeks Currency Score Strength The 13 Weeks […]
5 Must-See Commodities Charts
Mar 12, 2017Jeremy Parkinson0
By far the most important market this week was crude oil. With a mini-crash of 12 percent it could spell the start of a new trend, potentially the start of turmoil in markets, as explained this week in crude oil falls 5 pct. It is no coincidence that several other leading commodities are struggling as well, […]
Forex Forecast: Pairs In Focus – Sunday, March 12
Mar 12, 2017Jeremy Parkinson0
The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits. Each week I am going to analyze fundamentals, sentiment and technical positions in order to […]
Technical Update For Oil: Brent And WTI
Mar 12, 2017Jeremy Parkinson0
Highlights: Brent Crude Brent has been progressing upwards in an ascending trend channel for a number of months Last week it broke down sharply from a tight symmetrical triangle or pennant pattern and through support of the 50-day exponential moving average (ema) before finding support around the 50-week ema and the 200-day ema. The low […]
“Who Hit The Brakes?” – Bank Loan Creation Suddenly Tumbles To Five Year Low
Mar 12, 2017Jeremy Parkinson0
While the overall economy appears to be humming along, at least according to the Fed which on Wednesday is expected (with 100% certainty according to the market) to hike rates by 25bps for the second time in three months on concerns it has fallen behind the inflationary curve, with last week’s payrolls report providing some […]