September 2018 - Page 138 of 239 -

Big Drop In Bullish Sentiment

Sep 13, 2018 Jeremy Parkinson Finance 0

The post-summer hangover after Labor Day weekend certainly didn’t sit well with individual investors. In this week’s sentiment survey from AAII, bullish sentiment dropped by over 10 percentage points, falling from 42.2% down to 32.1%. That’s the lowest weekly reading in optimism since the beginning of August and the largest weekly decline in bullish sentiment since […]

US Dollar Drops To Monthly Lows After CPI Disappoints, ECB Begins Taper

Sep 13, 2018 Jeremy Parkinson Finance, No picture 0

INFLATION GETS THE ATTENTION OF USD BEARS It’s been a busy morning thus far as we’ve now seen two major rate decisions to go along with the release of August inflation numbers out of the United States. In somewhat of a surprising twist, it’s the inflation print that’s seemed to elicit a bit more volatility […]

September 2018 Initial Unemployment Claims Rolling Average Continue Best Since December 1969

Sep 13, 2018 Jeremy Parkinson Finance 0

The market expectations for weekly initial unemployment claims (from Nasdaq/Econoday) were 208 K to 219 K (consensus 210,000), and the Department of Labor reported 204,000 new claims. The more important (because of the volatility in the weekly reported claims and seasonality errors in adjusting the data) 4 week moving average moved from 210,000 (reported last […]

Will Annual Wage Gain Support Gold?

Sep 13, 2018 Jeremy Parkinson Finance 0

201,000. The August job gains is an impressive number, but 2.9 percent is even better. This is the annual jump in wages. How will it affect the gold market? Payrolls Accelerate in August U.S. nonfarm payrolls accelerated in August. The economy added 200,000 jobs last month,following a rise of 147,000 in July (after a downward revision). However, the […]

Consumer Price Index: August Headline At 2.70%

Sep 13, 2018 Jeremy Parkinson Finance, No picture 0

The Bureau of Labor Statistics released the August Consumer Price Index data this morning. The year-over-year non-seasonally adjusted Headline CPI came in at 2.70%, down from 2.95% the previous month. Year-over-year Core CPI (ex Food and Energy) came in at 2.20%, down from the previous month’s 2.35% and above the Fed’s 2% PCE target. Here […]

Jobless Claims Stuck In The Sixties

Sep 13, 2018 Jeremy Parkinson Finance 0

Like an aging hippie that just can’t get with the times, weekly jobless claims remain at levels not seen since the 1960s. This week’s report came in at 204K versus estimates for a reading of 210K and was the lowest weekly print since December 1969. Pretty soon we’re going to have to adjust the Y-axis […]

Billion Dollar Unicorns: Cloudflare Targets Enterprises

Sep 13, 2018 Jeremy Parkinson Finance 0

According to a Markets and Markets report, the global Cloud Security Market is expected to grow from $4.09 billion in 2017 to $12.73 billion by 2022 at a CAGR of more than 25%. Billion Dollar Unicorn club member Cloudflare is a leading provider of cloud-based security solutions. Cloudflare’s Offerings San Francisco-based CloudFflare was founded by Harvard students Michelle Zatlyn […]

Draghi Sticks To Script

Sep 13, 2018 Jeremy Parkinson Finance 0

The ECB did not surprise the market. The plan to halve the asset purchases in Q4 before stopping at the end of the year was reiterated. In the economic assessment, ECB President Draghi sounded a bit more optimistic, and this, coupled with the decline in the US headline and core rates of CPI saw the euro […]

Featured Stocks In September’s Most Attractive/Most Dangerous Model Portfolios

Sep 13, 2018 Jeremy Parkinson Finance, No picture 0

Recap from August’s Picks Our Most Attractive Stocks (-0.3%) underperformed the S&P 500 (+2.5%) last month. The best performing Most Attractive large cap stock gained 8% and the best performing Most Attractive small cap stock was up 20%. Overall, 16 out of the 40 Most Attractive stocks outperformed the S&P 500 in August, and 23 […]

EURUSD: Recovers Higher, Eyes Key Resistance Zone

Sep 13, 2018 Jeremy Parkinson Finance 0

EUR/USD: The pair now faces further corrective higher as it looks to extend strength. On the upside, resistance comes in at 1.1650 level with a break through there opening the door for more upside towards the 1.1700 level. Further up, resistance lies at the 1.1750 level where a break will expose the 1.1800 level. Conversely, […]