2016 - Page 272 of 277 -

Silver Stalling?

Mar 10, 2016 Jeremy Parkinson Finance 0

Silver prices are more or less flat since yesterday and our technical outlook therefore remains the same. The short-term trend is bullish above the February 29 low of $14.60 and this suggests that prices may head higher over the coming days. Silver may trade as high as it did last week, recording a peak of $15.83 and […]

ECB: Emptying Mario’s Cart – CIBC

Mar 10, 2016 Jeremy Parkinson Finance 0

Fresh off the wild EUR/USD moves on the big ECB decision, here is the view from CIBC: Here is their view, courtesy of eFXnews: Having failed to live up to expectations late last year, the ECB today stepped up with stimulus that actually went beyond what was anticipated. The cut in the deposit rate further into negative […]

Silver Price Forecast: Silver Peak Likely Only After Dow Crash & Major Bottom

Mar 10, 2016 Jeremy Parkinson Finance 0

Last year, I produced the following chart and commentary (italics) to show how the Dow could crash like it did in 1929: Above, is a fractal comparison between the current period (1998 to 2015) and the 1920/30s, for the Dow (charts fromtradingview.com). Follow the two patterns marked 1 to 5. I have also indicated where […]

US Treasury Curve Collapses To December 2008 Lows

Mar 10, 2016 Jeremy Parkinson Finance 0

The spread between the 30Y US Treasury yield and 2Y has plunged by 7.5bps this morning (as 2Y sells off and 30Y rallies post-Draghi) to 175bps. This is the flattest curve since Dec 2008 lows (at 172bps) which can only bode poorly for financials… 30Y bonds are bid (juicy yield compared to Europe) and 2Y yields are […]

March 5, 2016 Initial Unemployment Claims Rolling Average Again Improves

Mar 10, 2016 Jeremy Parkinson Finance 0

Weekly Initial Unemployment Claims The market expected (from Bloomberg) were 270,000 to 278,000 (consensus 272,000), and the Department of Labor reported 259,000 new claims. The more important (because of the volatility in the weekly reported claims and seasonality errors in adjusting the data) 4 week moving average moved from 270,000 (reported last week as 270,250) […]

The Stock Whisper Of The Day: VXX, GPOR, PBR, SPY

Mar 10, 2016 Jeremy Parkinson Finance 0

Hot stocks of the day: VXX, GPOR, PBR, SPY Video length: 00:05:24

U.S. Oil Companies See Reserve Values Fall By Over Half A Trillion Dollars In 2015

Mar 10, 2016 Jeremy Parkinson Finance 0

New analysis from Evaluate Energy shows that 57 U.S.-based E&P companies have seen the present value of their global proved (1P) reserves fall by a combined 63% between 2014 and 2015, a staggering $515 billion. The full breakdown of the company data provided on an annual basis shows that the overwhelming majority of this fall in value is clearly […]

7 Economic Value Stocks That Should Be In Your Portfolio

Mar 10, 2016 Jeremy Parkinson Finance 0

The improving U.S. economy, increasing consumer spending and improving oil prices are expected to bring forth few winners across the equity universe in 2016. However, in the contemporary volatile equity market, investors should allocate their funds with a clear roadmap. Looking for Value We perceive that investors can do well by acquiring less risky stocks […]

Gold Stock Sector: Rubber, Meet Road

Feb 05, 2016 Jeremy Parkinson Finance 0

The process of finding and confirming a bottom in the gold sector is now front and center as more of the fundamentals that actually matter come into place. To those fundamentals, we need to marry the technicals. We have consistently worked a theme that sees a comparison to the 1999-2001 bottoming phase in the gold sector. That […]

TPP Moves To Ratification Phase

Feb 05, 2016 Jeremy Parkinson Finance 0

A controversial trade agreement, the Trans Pacific Partnership, has been agreed by the trade ministers of its twelve constituent countries and now moves to a ratification process in member states. The signatory nations now have two years to obtain any necessary endorsement of the deal at governmental/parliamentary level before it can come into full force. […]