New Low In Store?
Nov 25, 2018
Jeremy Parkinson
Finance, No picture
Last week, SPX declined over 100 points to a new closing low and is ready to challenge its intra-day low of 2604. DJIA matched it with a loss of 1127 points for the week. But NDX was the worst performer, dropping 340 points for a new correction low. SPX is approaching a support level just […]
Black Friday Shoppers Return, Profits Another Matter
Nov 25, 2018
Jeremy Parkinson
Finance, No picture
Black Friday crowds return to their favorite spots, but many chains are squeezed by rising costs. The shoppers are back. OK, but what about profits? The Crowds Returned, Retail Profits Didn’t. “It’s a good start to the holiday shopping season,” Macy’s Inc. Chief Executive Jeff Gennette said in an interview Friday. “It started early online and […]
Has This Become A “Short Everything In Sight” Market?
Nov 25, 2018
Jeremy Parkinson
Finance, No picture
One of the strangest things about this strangest-ever expansion has been the way pretty much everything went up. Stocks, bonds, real estate, art, oil – some of which have historically negative correlations with others — all rose more-or-less in lockstep. And within asset classes, the big names behaved the same way, rising regardless of their […]
Forex Forecast: Pairs In Focus – Sunday, Nov. 25
Nov 25, 2018
Jeremy Parkinson
Finance, No picture
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 […]
A Rising Money Supply Doesn’t Necessarily Lead To Rising Prices
Nov 25, 2018
Jeremy Parkinson
Finance, No picture
According to many mainstream economists, a lack of good correlation between the monetary growth and the growth rate of various price indexes casts doubt on the commonly held view that the key source of inflation is increases in money supply. It is also argued that before the 1990, the relationship between money supply and inflation […]
AUD/NZD Nets Out Market Mood Swings, Focus On RBA & RBNZ Policy
Nov 25, 2018
Jeremy Parkinson
Finance, No picture
AUD/NZD TALKING POINTS: The Australian and New Zealand Dollars tend to closely follow global stock indexes AUD/NZD can thus at times net out market mood swings, acting as “risk neutral” This places the focus for AUD/NZD on RBA and RBNZ monetary policy expectations PART 1 – AUD & NZD, SENTIMENT-LINKED CURRENCIES In the majors FX spectrum, […]
Forex Forecast And Cryptocurrencies Forecast For November 26 -30
Nov 25, 2018
Jeremy Parkinson
Finance, No picture
First, a review of last week’s events: EUR/USD If you look at the chart of the pair, it is clear that by the evening of Friday, November 23, it returned to the values of Friday morning, November 16. That is, the result of the week is close to zero, and the victory for the most […]
AUD/USD Weekly Analysis – Sunday, Nov. 25
Nov 25, 2018
Jeremy Parkinson
Finance, No picture
AUD/USD extended its upside movement from 0.7020 to as high as 0.7337. Support is at 0.7160 and as long as this level holds, the upside movement could be expected to continue. The next target would be at the 0.7500 area. On the downside, a breakdown below 0.7160 support would indicate that the upside movement had […]
Upcoming Tech Earnings To Watch: Salesforce, VMware & HP
Nov 25, 2018
Jeremy Parkinson
Finance, No picture
var divElement = document.getElementById(‘viz1543166874565’); var vizElement = divElement.getElementsByTagName(‘object’)[0]; if ( divElement.offsetWidth > 800 ) { vizElement.style.width=’1000px’;vizElement.style.height=’827px’;} else if ( divElement.offsetWidth > 500 ) { vizElement.style.width=’100%’;vizElement.style.height=’871px’;} else { vizElement.style.width=’100%’;vizElement.style.height=’1627px’;} var scriptElement = document.createElement(‘script’); scriptElement.src = ‘https://public.tableau.com/javascripts/api/viz_v1.js’; vizElement.parentNode.insertBefore(scriptElement, vizElement); Third quarter earnings season is wrapping up, with reports out from nearly all of the S&P 500 members. […]
Black Friday Has Brick-and-Mortar Stores Seeing Red
Nov 25, 2018
Jeremy Parkinson
Finance, No picture
Legacy brick-and-mortar retailers have found themselves falling behind this Thanksgiving season as the Black Friday “holiday” moves closer to becoming an online exclusive event. And as more Black Friday business gravitates towards online shopping, traditional retailers are still learning the ropes of how to take legacy models and move them online – despite posturing from […]