Author Archive: Jeremy Parkinson
Ethereum Rebounded From 20-Week Moving Average
Being supported by the 20-week moving average, ETHUSD rebounded strongly from 135, and broke above the bearish trend line from the June 12 high of 415 to the June 29 high of 315 at 196 on the 4-hour chart, and reached as high as 256, suggesting that the bearish movement from 415 had completed at […]
Stocks Watchlist: VOYA, MTSI, CPE
Today’s stock picks Long Macom Technology (MTSI) Long Voya Financial (VOYA) Short Callon Petroleum (CPE)
What Are The Best Housing Market Indicators
The health of the US economy can be easily gauged by how much and how frequently individuals and families are spending to fulfill the most basic of needs: housing. There are tons of reports out there on the housing market, but how do you know which ones have the most impact on the market? I have […]
AUD/USD Corrects And Falls On New RBA Dovishness
The RBA giveth, the RBA taketh away. At first, the statement by the Reserve Bank of Australia lacked any hawkish tones and weighed on the A$. Then came the meeting minutes that discussed a potential interest rate of 3.5% in the future and AUD/USD made a big breakout. And now come two officials at the Australian central […]
USDCAD Remains In The Downtrend From 1.3347
USDCAD remains in the downtrend from 1.3347, the bounce from 1.2540 could be treated as consolidation of the downtrend. Near term resistance is at the downward trend line on its 4-hour chart. As long as the trend line resistance holds, the downtrend could be expected to continue and further decline to test 1.2460 (May 2016 low) […]
Amazon’s Phone-Charging Robot Will Spare You The Indignity Of Talking To Strangers
Amazon (AMZN) is having a rough week. The e-commerce powerhouse has celebrated a string of victories this year. Its stock price broke above $1,000 for the first time; it is presiding over an unprecedented retrenchment within the retail space as more than 8,000 brick-and-mortar stores are expected to close in the US this year, and the company announced plans […]
Stocks Going Ex Dividend In The Fourth Week Of July
Here is our latest update on the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only […]
Sensex Opens Flat; Wipro Surges 6.2% On Strong Q1 Result
Asian equity markets are lower today amid greater political uncertainty and as the euro climbed near to two-year highs on Thursday post the comments from the chief of the European Central Bank. The Shanghai Composite is off 0.21%, while the Hang Seng is down 0.26%. The Nikkei 225 is trading down by 0.25%. The US stocks ended mixed on Thursday. […]
Dollar And Commodity Inverse Correlation Back
“Davidson” submits: US$ has continued its dive towards the long-term trend in the 65-70 range using this Trade Weighted Index. I do not predict when the trend-level will be reached, but am surprised with the recent acceleration towards normalization. The inverse correlation to WTI$ appears to have been reestablished. The inverse relationship is a combination […]
