Author Archive: Jeremy Parkinson

Macro Mondays: Correction

Macro Mondays: Correction

What is a ‘Correction’? A correction is a reverse movement, usually negative, of at least 10% in a stock, bond, commodity or index to adjust for an overvaluation. Corrections are generally temporary price declines interrupting an uptrend in the market or an asset. A correction has a shorter duration than a bear market or a […]
NZD/USD Remains Under Pressure

NZD/USD Remains Under Pressure

  The NZD/USD has picked up the bearish tone once again overnight and into the London session as two primary forces continue to pressure the pair lower. The first of these is the continuing political uncertainty surrounding the currency with the recent election failing to deliver any clear mandate for either of the major parties […]
Dividend Income September 2017

Dividend Income September 2017

Each month I will publish my dividend income. I will mainly do this for staying self motivated and to give you the readers the chance to follow my journey from the beginning on. The dividend income in the first couple of years will be on a very low level but investing in dividend stocks is […]
Weekly Gold Forecast – Monday, October 9

Weekly Gold Forecast – Monday, October 9

Gold prices rose $7.72 on Friday, recouping earlier losses, and settled at $1276.15 an ounce as traders assessed the likelihood of a December rate hike in the wake of a mixed employment report. Better risk appetite in the marketplace, as well as a strengthening greenback the past four weeks, have been bearish elements for the […]
EUR/USD Falling Wedge At 23.6% Fib Indicates Potential Bullish Reversal

EUR/USD Falling Wedge At 23.6% Fib Indicates Potential Bullish Reversal

EUR/USD 4 hour The EUR/USD is building a falling wedge chart pattern (blue/orange lines), which could indicate a bullish reversal. A bearish breakout below support (blue) and the 23.6% Fibonacci level of wave 4 (blue) could see price fall towards the 38.2% Fibonacci level near 1.15 whereas a bullish breakout could see price test the […]
Cable Remains Bearish Despite Bounce

Cable Remains Bearish Despite Bounce

The recent euphoria for the British pound driven by hawkish commentary and statements from BOE governor Carney has all but dissipated, and like the proverbial souffle, has virtually collapsed, with the pair now taking on a very bearish tone, and reflected on the currency strength indicator to the left on the daily timeframe. Here we […]
Fed Rate Hike Prospects Focus The S&P 500 In Week 1 Of October 2017

Fed Rate Hike Prospects Focus The S&P 500 In Week 1 Of October 2017

The first week of October 2017 saw the S&P 500 (Index: INX) reach daily new highs each day through Thursday, before slightly dipping by 2.74 points (0.1%) to close the week at 2,549.33. Since we had it set up to cover Week 1 of October 2017, let’s take one last look at our chart showing the […]
Phivida Organics Is Focused On Pure Medical CBD

Phivida Organics Is Focused On Pure Medical CBD

Over the last two years, we have learned a lot about the medical benefits associated with marijuana.  From Israel to the United States, studies focused on these benefits continue to provide positive results. The legal medical cannabis industry continues to expand and this has created new opportunities for investors. Today, we have highlighted a new […]
EUR/USD: ‘Things Dont Matter Until They Do’; Rallies A Sell N-Term – Nordea

EUR/USD: ‘Things Dont Matter Until They Do’; Rallies A Sell N-Term – Nordea

EUR/USD has hardly been reacting to political events but this does not mean that things cannot change as we’ve seen with the crisis in Catalonia. Here is the view from Nordea. Here is their view, courtesy of eFXnews: Nordea FX Strategy Research notes that EUR/USD recent price action reflects how things don’t matter until they suddenly start […]
Gold & Gold Stocks Bounce

Gold & Gold Stocks Bounce

We look at the internals of the gold stocks which portended to a bounce, the US Dollar and bond yields as well as potential resistance and support targets for Gold. Video length: 00:13:02