March 2018 - Page 232 of 295 -

Jobless Claims Jump

Mar 08, 2018 Jeremy Parkinson Finance 0

Jobless claims for the latest week increased by 21K which is the largest one-week increase since late last Summer when Hurricane Harvey struck Texas. What’s still pretty amazing is that even after the increase, claims only amounted to 231K, which in any other period over the last several years would have been considered an extraordinarily […]

A Perspective On Secular Bull And Bear Markets – Thursday, March 8

Mar 08, 2018 Jeremy Parkinson Finance 0

Was the March 2009 low the end of a secular bear market and the beginning of a secular bull? At this point, nine years later, the S&P 500 has set a series of inflation-adjusted record highs based on monthly averages of daily closes. Let’s examine the past to broaden our understanding of the range of […]

Stock Market Shrugs Off Trade War Fears, But Will It Go Higher?

Mar 08, 2018 Jeremy Parkinson Finance 0

Wednesday’s trading session was overall bullish, as the main stock market indexes closed between -0.3% and +0.3% vs. their Tuesday’s closing prices following much lower opening in reaction to Gary Cohn’s resignation’s news. The S&P 500 index closed virtually flat after bouncing off support level at 2,700. It currently trades around 5% below January 26 […]

EUR/USD Rips And Dips On ECB’s Less-Dovish Tweak

Mar 08, 2018 Jeremy Parkinson Finance 0

EUR/USD RALLY ON THE STATEMENT, REVERSE ON THE PRESSER There were few expectations for any significant change at this morning’s European Central Bank rate decision. So this is probably why such a small, subtle alteration has kick-started some volatile price action in the single currency. This morning’s statement out of the ECB removed a key phrase that had previously alluded […]

What Do Rising Correlations Signal?

Mar 08, 2018 Jeremy Parkinson Finance 0

Just when everyone expected that volatility would never come back, early last month, we saw a massive spike in Cboe’s Volatility Index, or VIX, known popularly as the “‘market’s fear gauge.” Timing markets is never easy, and a spike in the market’s fear can rarely be predicted with complete accuracy, but does it mean investors should liquidate and […]

March 2018 Initial Unemployment Claims Rolling Averages Decline

Mar 08, 2018 Jeremy Parkinson Finance 0

Hurricanes continue to impact claims taking procedures in the Virgin Islands and Puerto Rico. The market expectations for weekly initial unemployment claims (from Bloomberg / Econoday) were 215 K to 225 K (consensus 220,000), and the Department of Labor reported 231,000 new claims. The more important (because of the volatility in the weekly reported claims and […]

S&P 500 And Nasdaq 100 Forecast – Thursday, March 8

Mar 08, 2018 Jeremy Parkinson Finance 0

S&P 500 The S&P 500 sold off rather significantly during the trading session on Wednesday but turned around to form a massive hammer as the 2680 level has offered support. The hammer is a strong sign, if we can break above the 2800 level, the market is very likely to continue to go much higher. […]

One Month Hence

Mar 08, 2018 Jeremy Parkinson Finance 0

The inability of the stock market to hold a downtrend more than two days is driving me insane (again). It has been two years since there has even been a drop off lasting a couple of weeks. It was just a month ago that we were in the throes of an all-too-brief bout of excitement. But, looking back, […]

Running Of The Bulls (From Stocks)

Mar 08, 2018 Jeremy Parkinson Finance 0

It really didn’t take much for the individual investor to sour on equities. After nearly three years where bulls failed to gain a majority in the weekly sentiment survey from AAII, in late December of last year, bullish sentiment finally topped 50% and reached as high 59.75% in early January. Then the correction came.After the […]

Global Stocks, Futures Rise Ahead Of ECB As Trade War Tensions Ease

Mar 08, 2018 Jeremy Parkinson Finance 0

As trade war fears ease (again) following news late on Wednesday that the White House would consider tariff “carve outs” for Canada and Mexico, markets are modestly higher ahead of a fresh monetary policy catalyst from the ECB this morning. Mario Draghi will be the center of attention today as investors wait to see whether […]