June 2018 - Page 34 of 72 -

Trade Idea: Buy Short-Term Options On Energy Transfer Partners (ETP)

Jun 27, 2018 Jeremy Parkinson Finance 0

Fortunately, it’s an ideal time to buy short-term ETP options. Its Schaeffer’s Volatility Index (SVI) — a measure of front-month, near-the-money implied volatility levels — is 27%, which registers in the low 9th percentile of its annual range. Natural gas name Energy Transfer Partners (ETP) has been choppy on the charts in 2018, having spent most of […]

Is SS&C Technologies A Buy At Its Current P/E Multiple?

Jun 27, 2018 Jeremy Parkinson Finance 0

SS&C Technologies Holdings, Inc (Nasdaq: SSNC) trades at a P/E multiple of 39.4x, which is higher than the Information Technology sector median of 30.0x. While this makes SSNC appear like a stock to avoid or sell if you own it, you might change your mind after gaining a better understanding of the assumptions behind the P/E […]

Everquote Or Evercrap?

Jun 27, 2018 Jeremy Parkinson Finance 0

Talk about marketing an IPO! The EverQuote (EVER) IPO roadshow leaves you with the impression that this is a technology company that have made it easy for consumers to get insurance quotes in an online marketplace and buy coverage online. Their presentation is all about their large technology team and the incredible problem they have […]

Billion Dollar Unicorns: Is Affirm Overvalued?

Jun 27, 2018 Jeremy Parkinson Finance 0

According to the Federal Reserve Bank, there were nearly $1.38 trillion of consumer loans at all commercial banks in the US as of July 2017. The global consumer lending balances at the beginning of 2016 are estimated to be $42.3 trillion. A TransUnion report estimates the personal loan balance was at $107 billion at the end […]

Make Capital Cheap And Labor Costly, And Guess What Happens?

Jun 27, 2018 Jeremy Parkinson Finance 0

Employment expands in the Protected cartel-dominated sectors, and declines in every sector exposed to globalization, domestic competition and cheap capital. If you want to understand why the global economy is failing the many while enriching the few, start with the basics: capital, labor and resources. What happens when central banks drop interest rates to near-zero? Capital […]

The Benefits Of Issuing Gold Bonds

Jun 27, 2018 Jeremy Parkinson Finance 0

This is a gold bond bought by the President and Fellows of Harvard College, on 27 Nov 1905. The amount is $5,000 payable in “the Gold Coin of the United States of America”. That coin was the Liberty Head. The double eagle $20 coin had just under 1 troy ounce (i.e. 31.1 grams), or 0.05oz […]

Gold’s Signs For A June Bottom

Jun 27, 2018 Jeremy Parkinson Finance 0

In yesterday’s article, we explained why the short-term outlook for the precious metals changed from bearish to neutral and we took profits from our short positions. It was not just the fact that the price targets were reached for gold and silver. The key to the change in the outlook was seeing the confirmations from […]

Sovereign Debt Yields: Like A Day At Six Flags

Jun 27, 2018 Jeremy Parkinson Finance 0

Looking at recent developments in the developed world’s sovereign debt markets, an investor could be excused for feeling like they are on a roller-coaster ride. Indeed, from the beginning of May through the third week of June, market participants witnessed surging U.S. Treasury (UST) 10-Year yields, followed by chaos in the Italian bond market, which led […]

Stock Markets Mood: Just Kidding

Jun 27, 2018 Jeremy Parkinson Finance 0

When I woke up at about 4:30, I wearily glanced at my iPad, and I saw futures were down pretty hard. Nice. I went back to sleep. An hour later I woke up for real, and saw everything was green. And what, pray tell, caused this nearly 30 point spike? None other than that weasel […]

Headline Durable Goods Orders Down 0.6% In May

Jun 27, 2018 Jeremy Parkinson Finance 0

The Advance Report on Manufacturers’ Shipments, Inventories, and Orders released today gives us a first look at the latest durable goods numbers. Here is the Bureau’s summary on new orders: New orders for manufactured durable goods in May decreased $1.4 billion or 0.6 percent to $248.8 billion, the U.S. Census Bureau announced today. This decrease, […]