2017 - Page 62 of 1198 -

This U.S. Oil Sector Is Booming

Nov 28, 2017 Jeremy Parkinson Finance 0

In the decade from January 2000 through December 2010, U.S. exports of oil products like gasoline, diesel fuel, jet fuel, etc., grew by nearly 160%. The exports averaged 1.1 million barrels per day for that period. According to the Energy Information Administration’s data, we export nearly five times that much now. The shale boom in […]

Market Talk – Tuesday, Nov. 28

Nov 28, 2017 Jeremy Parkinson Finance 0

Asia responded to an uncertain US session with its own uncertainty! The Nikkei was almost unchanged despite the move back into the Yen. The currency traded back toward the 111 level but stopped shy by only a few Sen. The Hang Seng closed almost unchanged but we saw a small positive move back for the […]

Short Setups I Am Watching

Nov 28, 2017 Jeremy Parkinson Finance 0

The key word is “watching”, because I haven’t pulled the trigger on any of them. And with the market rallying hard today, what incentive is there to trade any of them at this moment? Instead, as has been the case for nearly all of 2017, I will continue to watch these setups, and only short […]

Lira Plunges As Mystery Gold Trader Exposes “Secret” Turkish Deal To Evade Washington’s “Economic Jihad”

Nov 28, 2017 Jeremy Parkinson Finance 0

We detailed below that TRY was selling off on US accusations that the Turkish economic minister of taking bribes. Citi’s FX desk explains why Turkish markets are watching the US trial of a banker so closely. The basics: The US government has accused Turkish banker Mehmet Hakan Atilla of helping Iran evade US sanctions. Turkey’s former economy […]

Regional Fed Manufacturing Overview: November Update

Nov 28, 2017 Jeremy Parkinson Finance 0

Five out of the twelve Federal Reserve Regional Districts currently publish monthly data on regional manufacturing: Dallas, Kansas City, New York, Richmond, and Philadelphia. Regional manufacturing surveys are a measure of local economic health and are used as a representative for the larger national manufacturing health. They have been used as a signal for business uncertainty and […]

Fed Unwind And Gold

Nov 28, 2017 Jeremy Parkinson Finance 0

The Federal Reserve’s unwinding program started in October. What does it mean for the gold market? Last month, the U.S. central bank began reducing its massive balance sheet. Many analysts and investors worried that the so-called reverse quantitative easing would disrupt financial markets. The logic behind these concerns was simple: as quantitative easing supported asset prices, its […]

The Most Active Equity Options And Strikes For Midday – Tuesday, Nov. 28

Nov 28, 2017 Jeremy Parkinson Finance 0

Top tickers for midday – F, BAC, AAPL, ETFC, NWL, LC.

Are We In A Bull Or A Bear Market In Precious Metals – Two Misleading Charts

Nov 28, 2017 Jeremy Parkinson Finance 0

Precious metals flows data, delivered by popular gold/silver ETFs, can be very misleading. For example, look at these two charts: iShares Gold Trust (IAU) Source: Simple Digressions and the IAU data The chart shows gold flows reported by IAU. The red line depicts cumulative flows calculated for the period January 1 – November 27, 2017. […]

E The Digital World Challenges Central Bankers

Nov 28, 2017 Jeremy Parkinson Finance 0

Central bankers have been greatly puzzled by low inflation, despite their valiant efforts to stimulate growth by expansionist monetary policy. Initially, bankers referred to the low inflation numbers as “transitory” and “noisy”, implying that patience is needed to reach inflation targets. Slowly, bankers are admitting that weak inflation may not be transitory and that other, […]

You Know It’s Late In The Cycle When The Yield Curve Starts Generating Headlines

Nov 28, 2017 Jeremy Parkinson Finance 0

The yield curve is one of those indicators that most people have heard of but few can explain. In part this is because it’s usually a non-issue, only becoming important enough to argue about during the final year of long expansions. Like now: Yield curve flattening maintains relentless momentum (MarketWarch) – The yield curve flattened […]