August 2018 - Page 187 of 240 -

The Nasdaq Went Up 8 Days In A Row. What This Means For Stocks

Aug 10, 2018 Jeremy Parkinson Finance 0

The Nasdaq has gone up for 8 days in a row for the first time since October 2017. Some people see this as “exuberance has returned to the stock market, particularly in the tech sector”. It isn’t. Here’s what happens next to the Nasdaq when it goes up 8 days in a row for […]

Core Inflation Soars At Fastest Pace Since 2008

Aug 10, 2018 Jeremy Parkinson Finance 0

After producer prices disappointed modestly yesterday, prompting treasury yields to tumble, all eyes are on consumer prices today as it met expectations rising by 2.9% YoY – the fastest rate of increase since Dec 2011 – thanks to soaring rent/shelter costs. CPI highest since 2011… Under the covers, one of the bigger drivers was a surge […]

Applied Industrial Technologies Shares Rally On Q4 Earnings & Revenue Beat

Aug 10, 2018 Jeremy Parkinson Finance 0

Applied Industrial Technologies (NYSE: AIT) Industrial products company, Applied Industrial Technologies presented its fiscal fourth-quarter financial results before markets opened on August 10, 2018. Shares of the company closed regular trading at $74.55 on Thursday, but added $5.45, or 7.31% in premarket trading Friday after the earnings report. The stock has climbed 9.5% year-to-date […]

Trump Increases Tariffs On Turkey: Lira Plunges 18%, Global Stock Spillover

Aug 10, 2018 Jeremy Parkinson Finance, No picture 0

The Turkish Lira collapsed as much as 18% as Trump escalated his feud with Turkey over a detained US pastor. I have just authorized a doubling of Tariffs on Steel and Aluminum with respect to Turkey as their currency, the Turkish Lira, slides rapidly downward against our very strong Dollar! Aluminum will now be 20% […]

Rail Week Ending Saturday, August 4: Economically Intuitive Sectors Rate Of Growth Slowing

Aug 10, 2018 Jeremy Parkinson Finance 0

Week 31 of 2018 shows same week total rail traffic (from same week one year ago) improved according to the Association of American Railroads (AAR) traffic data. Analyst Opinion of the Rail Data We review this data set to understand the economy. If coal and grain are removed from the analysis for carloads, this week it expanded […]

Count On The Silver Price Going Way Higher In The Long Term

Aug 10, 2018 Jeremy Parkinson Finance 0

iStock.com/Talaj Given the Course of the Silver Price, Is It Time to Give Up? The chart below doesn’t cheat or mislead you. At about $15.40 per ounce, the silver price is at its lowest since April 2016. Is it time to give up on silver altogether? Chart courtesy of StockCharts.com The short answer may surprise novice […]

How The Global Trade Contraction Begins

Aug 10, 2018 Jeremy Parkinson Finance, No picture 0

The world grows increasingly at odds with itself, with each passing day. Divided special elections. Speech censorship by Silicon Valley social media companies. Increased shrieking from Anderson Cooper. You name it, a great pileup’s upon us. From our perch overlooking San Pedro Bay, the main port of entry for Chinese made goods into the USA, […]

GBP/USD Remains Vulnerable As Adjusted U.K. GDP Fails To Curb Losses

Aug 10, 2018 Jeremy Parkinson Finance, No picture 0

BRITISH POUND TALKING POINTS The British Pound continues to depreciate against the U.S. dollar despite an upward revision in the U.K. Gross Domestic Product (GDP) report, and recent price action keeps the near-term outlook tilted to the downside as the Relative Strength Index (RSI) pushes into oversold territory. GBP/USD REMAINS VULNERABLE AS ADJUSTED U.K. GDP FAILS TO […]

Biopharma Portfolio 2018 YTD: Performance Summary

Aug 10, 2018 Jeremy Parkinson Finance, No picture 0

Rayno Biopharma Performance 2018: YTD 8/4 Large Caps Begin to Outperform FBT Is the Best All Around Life Science Play We have provided herein a summary of biopharma portfolio positions for our readers. The Rayno portfolio picks are designed for long-term performance and does not include short-term high volatility trades. The best way to make money in biotechnology […]

Americans’ Real Wage Growth Slumps Most In 6 Years

Aug 10, 2018 Jeremy Parkinson Finance 0

And just like that, a million hopeful voices cried out in horror… Real average hourly earnings shrank by the most since 2012 in July… For years hope has been soaring that household income will rise any minute now… and despite two years of disappointment, they remain optimistic… But unemployment is so low? Full-employment? Wage pressure? Hmm, […]