October 2018 - Page 124 of 262 -

Sensex Opens Over 300 Points Up; Infosys Rallies On Strong Q2 Result

Oct 17, 2018 Jeremy Parkinson Finance 0

Asian stocks are higher today. Japan’s Nikkei rose 1.3%. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.5% and South Korea 1.5%. The US stocks surged more than 2% on Tuesday after upbeat earnings reports from major companies including UnitedHealth and Goldman Sachs and solid economic data, as equities rebounded from a recent sharp sell-off. Back home, India […]

Stocks For You To Swing-Trade: SBUX, HES, GS

Oct 17, 2018 Jeremy Parkinson Finance 0

Wednesday’s Swing-Trades: Long Starbucks (SBUX) Long Hess Corp (HES) Short Goldman Sachs (GS)

WTI Crude Oil And Natural Gas Forecast – Wednesday, Oct. 17

Oct 17, 2018 Jeremy Parkinson Finance 0

WTI Crude Oil The WTI Crude Oil market has been all over the place during the session on Tuesday yet again, as we have fallen, only to turn around and find buyers at the $71 level again. We reached the $72 level after that, as we continue to consolidate overall. The $70 level underneath continues […]

4 Utility Funds To Take Refuge From Market Mayhem

Oct 17, 2018 Jeremy Parkinson Finance, No picture 0

After registering record declines on Oct 10, all the three key U.S. indexes posted significant losses for the week ended Oct 12. Higher bond yields and renewed fears of a trade war may find investors scurrying toward safe-haven sectors that have already emerged as preferred investments. One of the most-popular, safe-haven sectors is utilities. This […]

How To Hedge Stock Volatility With ETFs

Oct 17, 2018 Jeremy Parkinson Finance, No picture 0

The global stock market is caught in a vicious circle of uncertainty arising from rising interest rates, intensifying trade tension between the United States and its allies, ongoing troubles in emerging markets, and mid-term election in November. Additionally, fresh threats of Saudi turmoil added to the chaos as the disappearance of Washington Post columnist Jamal […]

The Big Four Economic Indicators; Industrial Production Up 0.3% In September

Oct 17, 2018 Jeremy Parkinson Finance, No picture 0

Note: This commentary has been updated to incorporate the September data for Industrial Production. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This committee statement is about as close as they get to identifying their method. There is, however, […]

And Then We Bounced …

Oct 17, 2018 Jeremy Parkinson Finance 0

After a huge drop to start October, the S&P 500 (SPY) has rebounded 3% over the last 3 trading days going back to Thursday’s close. Below is a look at the performance of various asset classes during this 3-day bounce along with October and year-to-date performance as well. The Nasdaq 100 (QQQ) took it on […]

The Fed: Drumpffeind

Oct 17, 2018 Jeremy Parkinson Finance 0

So sayeth Donald Trump today. From FoxBusiness: “My biggest threat is the Fed,” Trump said on Tuesday during an interview with FOX Business’ Trish Regan. “Because the Fed is raising rates too fast, and it’s too independent,” he complained. To recap, the Fed’s increase in interest rates is by most criteria fairly modest. Consider the implied […]

Natural Gas Pauses With Mixed Forecasts

Oct 16, 2018 Jeremy Parkinson Finance 0

It was a slightly slower day in the natural gas space, as though the prompt November contract traded within a 10-cent range it settled down just a few ticks. Prices overnight shot higher over the $3.3 level this morning, but that bounce failed as we had warned was likely in our Afternoon Update yesterday. Our […]

S&P Reveals $5.8 Trillion In “Hidden” Chinese Debt With “Titanic Credit Risks”

Oct 16, 2018 Jeremy Parkinson Finance 0

When it comes to estimating China’s total outstanding debt, there has long been confusion about the real number with most putting the debt/GDP at around 250%, while the IIF last year calculated China’s debt load as high as 300% of GDP. Now, China watchers can one add another ~40% of debt/GDP to the total because […]