October 2018 - Page 158 of 262 -

Next Points For Oil Bears

Oct 12, 2018 Jeremy Parkinson Finance 0

Thanks to yesterday’s session crude oil lost 3% and approached the previously-broken barrier of $70. In this area, oil bears met several other short-term supports, but are they stable enough to stop the sellers in the coming days? Let’s take a look at the charts below (charts courtesy of http://stockcharts.com). Long-term Perspective – Invalidations! In our […]

Crude Oil Falls As Inventories Build And OPEC Opens Tap

Oct 12, 2018 Jeremy Parkinson Finance 0

At the beginning of the week, investors believed that the price of crude oil would continue to rise. This is because they expected the crude oil supplies to continue decreasing as the sanctions on Iran neared. They also expected the amount of crude oil inventories to reduce. However, things changed when the price of WTI […]

Import Prices Jump 0.5% Led By Fuel, Export Prices Flat But Ag Prices Down 1.4%

Oct 12, 2018 Jeremy Parkinson Finance, No picture 0

Import prices jumped 0.5% while export prices were flat. The inflation hawks will yap. So will Trump about soybeans. The BLS provides this synopsis of Import and Export Prices for September. Prices for U.S. imports increased 0.5 percent in September, the U.S. Bureau of Labor Statistics reported today, after declining 0.4 percent in August and 0.1 percent […]

Earnings Fail To Inspire: Financials Slump Into Red… And This Chart Should Scare Everyone

Oct 12, 2018 Jeremy Parkinson Finance 0

Despite what is being called “solid” earnings from financials this morning, the initial bounce in their stocks has faded quickly into the red… However, there is a bigger problem that should be on everyone’s radar… As BMO’s Brad Wishak notes, XLF (the Financials ETF) failed almost to the penny at 2007’s record highs […]

Billion Dollar Unicorns: Gusto Gets Fresh Round Of Funding For Growth

Oct 12, 2018 Jeremy Parkinson Finance 0

According to an Allied Market Research report, the global cloud-based payroll software market is estimated to grow 7% annually to $10.3 billion by 2023. San Francisco-based Gusto is a Billion Dollar Unicorn in the industry. Gusto’s Offerings Gusto, formerly known as ZenPayroll, was founded in 2011 by Stanford alumni Joshua Reeves, Edward Kim and Tomer London. Gusto was […]

Michigan Consumer Sentiment: October Preliminary Slips

Oct 12, 2018 Jeremy Parkinson Finance, No picture 0

The University of Michigan Preliminary Consumer Sentiment for October came in at 99.0, down 1.1 from the September Final reading. Investing.com had forecast 100.4. Surveys of Consumers chief economist, Richard Curtin, makes the following comments: Consumer sentiment slipped in early October, although it remained at quite favorable levels and just above the average reading during 2018 (98.5). […]

September 2018 Import And Export Price Year-Over-Year Inflation Again Moderated

Oct 12, 2018 Jeremy Parkinson Finance 0

Year-over-year import prices declined whilst export price inflation also declined. Analyst Opinion of the Import / Export Price Situation Month-over-month price index for fuel imports increased (and non-fuel imports were unchanged) – and the price index for agricultural commodities declined. Import Oil prices were up 3.8 % month-over-month, and export agricultural prices were down 1.4 […]

Record Fall In Home Ownership Among The Young

Oct 12, 2018 Jeremy Parkinson Finance, No picture 0

For many years the number of young people buying their first house has been falling. There have been a wide range of reasons for this, with lifestyle factors making an impact as well as economics. In a recent study, it was found that home ownership fell amongst all income brackets for 25-34-year-olds. Amongst the top income […]

3 Best Franklin Templeton Mutual Funds To Buy Now

Oct 12, 2018 Jeremy Parkinson Finance, No picture 0

Founded in 1947, Franklin Templeton Investments prides itself in offering “exceptional asset management” to its clients in more than 170 nations throughout the globe. It has a presence in 34 countries and more than 600 investment professionals. With around $724.1-billion assets under management as of Jun 30, 2018, Franklin Templeton Investments is a well-known global […]

Pullbacks, Fear And Opportunity

Oct 12, 2018 Jeremy Parkinson Finance 0

From early 2016 to early 2018 the S&P 500 Index moved higher with very little downside volatility. As the below chart shows, that stretch of time was an abnormally long one in terms very little downside market move. One consequence of this low volatility period is many investors’ began to believe the equity market does […]