SP 500 And NDX Futures Daily Charts – Painting The Tape For The End Of Quarter
Mar 29, 2016Jeremy Parkinson0
Today the U.S. stock markets decided to celebrate the lack of a sustainable recovery and the slumping global economies of the world. Janet Yellen sparked a brushfire rally in a dull market. Yesterday was the lowest trading day of the year in terms of volume. But I suspect this is all about getting the SP […]
EC HH Risk On Or Risk Off? Big Picture Suggests The Latter
Mar 29, 2016Jeremy Parkinson0
One way to gauge the well-being of stock assets is to examine all of the 1900-plus stocks listed on the New York Stock Exchange. We can do this by evaluating the progress of the NYSE Composite Index. The first item worth noting is that stock assets have struggled to make any progress since late October of 2013 […]
Runaway Move Closer To Being Confirmed
Mar 29, 2016Jeremy Parkinson0
While all the technical traders have been busy assuring me I’m wrong and the stock market is about to crash we see again today that technicals are useless as the market comes out of 7 year cycle low. Quit wasting your time following these people. The perma bear deflationists will just continue to get it […]
Measuring The Effect Of Yellen Yap: “Ooh Wee Baby, I Sure Show You A Good Time”
Mar 29, 2016Jeremy Parkinson0
Earlier today Fed Chair Janet Yellen made a speech to the Economic Club of New York on The Outlook, Uncertainty, and Monetary Policy. In her speech,Yellen was Lovey-Dovey Citing “Other Tools” and More QE. Let’s explore the effect of Yellen’s newfound lovey-doviness on interest rate hike expectations and other financial assets. Rate Hike Odds September Rate Hike Odds […]
3 Stocks Under $10 For Double-Digit Gains
Mar 29, 2016Jeremy Parkinson0
Buy shares in these three companies that are about to rally from their undervalued lows. Trading for under $10 each, these stocks are much too cheap for their growth prospects. In my last column I noted that I am becoming increasingly cautious on equities after the recent rally in the market. My cash allocation is […]
The Easiest Way For The Bullish Case To Improve
Mar 29, 2016Jeremy Parkinson0
Since the stock market bottomed in February, OPEC has talked about the possibility of capping oil production and central banks have assisted with accommodative measures and statements. Central banks and OPEC jawboning are a major portion of the bull/bear tug of war; another relates to economic fundamentals. From CNBC: U.S. equities will need strong earnings results […]
Biotech Stock Soars On Vaccine Discovery
Mar 29, 2016Jeremy Parkinson0
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. BriaCell Therapeutics Corp. (TSXV: BCT) (OTCMKTS: BCTXF) shares powered 177% higher to $0.36 on Tuesday after the immuno-oncology biotechnology company announced that it has discovered a gene signature potentially explaining why its BriaVax cancer […]
Binary Options Trading Opportunities For March 30, 2016
Mar 29, 2016Jeremy Parkinson0
During the day on Wednesday, we get the ADP Nonfarm Payroll numbers coming out of America, which although not official, can move the markets just because they typically will give us an idea as to how the Friday numbers will come out. With this, it’s very likely that the stock markets will move and therefore […]
GBP/USD: Bottomed With Oil; Where To Target?
Mar 29, 2016Jeremy Parkinson0
The pound has suffered the fears of a Brexit, but rides higher on the dovish words of Yellen. And what about the oil connection? Here is their view, courtesy of eFXnews: The GBP has lost almost 10% since the autumn peak in effective terms and stabilised somewhat in March, supported by global risk sentiment and higher oil prices. We have […]
E Yellen Comments Further Flatten The Yield Curve
Mar 29, 2016Jeremy Parkinson0
Once again we are back to the counterintuitive scenario in which commodities ( in general) are rising on the heels of a super dovish Yellen while at the same time, the yield curve is flattening even further signaling increasingly slower economic growth. Let’s see if we can get this – the slower the economic growth, […]