March 2018 - Page 86 of 295 -

Stocks And Precious Metals Charts – A Banquet Of Consequences

Mar 22, 2018 Jeremy Parkinson Finance 0

Stocks continued selling today. What was particularly discouraging for the bulls is that there was no afternoon rally. In fact, the selling accelerated in the last hours of trading, and the major indices went out on the lows, and on heavier volume. One might point to the new tariffs to come on China, and fears of […]

Leaders Lag And Laggers Lead

Mar 22, 2018 Jeremy Parkinson Finance 0

It’s been a pretty nutty week for the equity market over the last four days as sectors which had been holding things up have sold off sharply, while sectors that had been left for dead, have been picking a little bit up of late. The charts below show the relative strength of the S&P 500 Technology […]

Cable Pulls Back On BOE Minutes

Mar 22, 2018 Jeremy Parkinson Finance 0

Just a quick catch up with what has been happening with Cable following the FOMC and the BOE earlier today, and all we can say is that from a price action perspective it’s been very much a game of two halves. Powell’s first outing as Fed chair saw the USD fall sharply resulting in a […]

5 Industrial Stocks To Buy As Manufacturing Activity Rises

Mar 22, 2018 Jeremy Parkinson Finance 0

Of late, upswing in the U.S. industrial production has been dominating headlines, signaling robust growth in manufacturing activity. The 1.1% rise in industrial production in February has given a new reason to cheer the performance of the industrial products sector considering that it is a significant turnaround from January’s 0.3% decline. The rebound in construction […]

If Powell Is Angry And Disgusted, That’s A Small Positve

Mar 22, 2018 Jeremy Parkinson Finance 0

According to one research company, new Federal Reserve Chairman Jerome Powell was disgusted and angry at his press conference yesterday. The firm, Prattle, employed facial recognition software to track Powell’s expressions throughout his inaugural press conference. By their count, he was disgusted 36 times, angry 41 times, and expressed contempt another five. Powell conveyed joy on […]

It’s Not Just LIBOR Pointing To Rising Financial Stress

Mar 22, 2018 Jeremy Parkinson Finance 0

Many have noted recently that the spread between 3-month LIBOR and the overnight interbank lending rate has now risen to the highest level since the financial crisis, typically a sign of rising financial stress. At the same time, many have noted that this time there are other dynamics at work that suggest the rise is […]

S&P 500 Snapshot: Down 3.8% From Last Thursday

Mar 22, 2018 Jeremy Parkinson Finance 0

This week, the S&P 500 continued to decline with 3 days of losses. The index closed Thursday at its lowest yet of the week and fell 3.77% from this time last week. It is down 1.93% YTD and is 8.0% below its record close. The U.S. Treasury puts the closing yield on the 10-year note […]

Micron Earnings Beat The Street

Mar 22, 2018 Jeremy Parkinson Finance 0

CNBC’s Josh Lipton reports on the quarterly earnings report for Micron Technology.

Gold Still Lacks Lustre

Mar 22, 2018 Jeremy Parkinson Finance 0

At times of market turbulence traders and investors have traditionally turned to gold as a safe haven and store of value, but today’s announcement by Donald Trump of tariffs against China and the threat of trade wars have failed to move the precious metal significantly higher. By contrast the majority of the price action […]

EIA Data Keeps Natural Gas On The Floor

Mar 22, 2018 Jeremy Parkinson Finance 0

It was another EIA disapointment for natural gas, as the market crept up ahead of the data and sold off on the release that generally hit expectations, settling down slightly on the day. The EIA announced that last week we drew 86 bcf of gas from storage, which was 2 bcf less than our 88 […]