June 2018 - Page 21 of 72 -

Oil Prices Risk Larger Rally As Bullish Momentum Gathers Pace

Jun 28, 2018 Jeremy Parkinson Finance 0

OIL TALKING POINTS Oil prices remain bid as fresh updates from the U.S. Department of Energy showed a marked decline in crude inventories, with crude at risk of extending the recent series of higher highs & lows as the bullish momentum appears to be gathering pace. OIL PRICES RISK LARGER RALLY AS BULLISH MOMENTUM GATHERS PACE […]

Follow The Money – Follow China, Russia And India

Jun 28, 2018 Jeremy Parkinson Finance 0

Whilst the US government worries about the military threat of Russia, and the trade deficit with China, they show no concern for the real problems. To understand what is really happening, all we need to do is to Follow the Money. The flows of real money reveal where global economic power is moving. The US has […]

Amid Nightmare Quarter, Here’s The ‘Severe Bear Case’ For Emerging Market Outflows

Jun 28, 2018 Jeremy Parkinson Finance 0

It’s been tough times for emerging markets of late thanks to a variety of factors that have conspired to create something akin to a perfect storm. You’ve got i) the threat of a trade war weighing on the outlook for global growth, ii) that same trade war threat pushing China towards a devaluation of the yuan, iii) the winding down of […]

Spring Existing Home Sales: Big Flop

Jun 28, 2018 Jeremy Parkinson Finance 0

The pending home sales report, a strong indicator of existing home sales, suggests another bad month is on the way. The NAR’s Pending Home Sales Report suggests the Spring buying season was a big flop. Pending home sales decreased modestly in May and have now fallen on an annualized basis for the fifth straight month, according to […]

Third Estimate 1Q2018 GDP Decreased To 2.0%. Corporate Profits Up

Jun 28, 2018 Jeremy Parkinson Finance 0

The third estimate of first quarter 2018 Real Gross Domestic Product (GDP) was revised down to 2.0 % from the second estimate’s 2.2 %. Analyst Opinion of GDP The decline in GDP in this third estimate was primarily due to an consumer services spending and inventory change. The consumer spending declined from the previous quarter. […]

BEA Revises 1st Quarter 2018 GDP Growth Downward To 2.00%

Jun 28, 2018 Jeremy Parkinson Finance 0

In their third (and final) estimate of the US GDP for the first quarter of 2018, the Bureau of Economic Analysis (BEA) reported that the US economy was growing at a +2.00% annual rate, down -0.17% from their previous estimate and down -0.88% from the prior quarter. The growth rate for consumer spending for services was revised […]

Accenture Tops Q3 Earnings & Revenue Estimates

Jun 28, 2018 Jeremy Parkinson Finance 0

Accenture plc (ACN – Free Report) reported third-quarter fiscal 2018 results, (ended Mar 31, 2018) adjusted earnings per share of $1.79, which surpassed the Zacks Consensus Estimate of $1.71. Earnings increased 17.8% on a year-over-year basis. How Was the Estimate Revision Trend? Investors should note that the Zacks Consensus Estimate for third-quarter fiscal 2018 earnings remained unchanged over […]

Treasury ETFs Surging: 5 Best Performers

Jun 28, 2018 Jeremy Parkinson Finance 0

The U.S. Treasury bonds, especially the long-dated ones, have gained popularity lately especially in the wake of declining yield and demand for safe haven amid the trade turmoil. This is especially true, as the spat between the United States and its major partners especially China has turned bitter with a tit-for-tat exchange of tariffs. Amid […]

OIL Elliott Wave Impulse Structure Calling For More Upside

Jun 28, 2018 Jeremy Parkinson Finance 0

OIL short-term Elliott Wave view suggests that the decline to $63.59 on 6/18/2018 low ended primary wave ((4)) pullback. Above from there, the instrument has rallied to new highs already. And confirming the next extension higher taking place in primary wave ((5)). The rally higher from $63.59 low is taking the form of Elliott wave impulse structure with […]

EC Challenges For Investors In Q3

Jun 28, 2018 Jeremy Parkinson Finance 0

The third quarter begins with clarified monetary policy outlooks for the US, EMU, and Japan. At the end of Q2, the Federal Reserve signaled it would likely raise rates in September and December. The unwinding of the balance sheet, though, continues at a rapid pace. In Q3, the Fed will not reinvest the proceeds of the $40 bln […]