October 2018 - Page 18 of 262 -

Why Platinum Could Be Headed To $900

Oct 30, 2018 Jeremy Parkinson Finance, No picture 0

Platinum is an important precious metal. It is found mostly in South Africa and Zimbabwe. Like other precious metals, it is found deep inside the earth’s crust. This makes it an expensive metal to mine, which leads to depressed margins for the miners. This also makes the industry a very difficult one to enter. Platinum […]

S&P CoreLogic Case-Shiller 20 City Home Price Index August 2018 Year-Over-Year Growth Rate Now Lowest In 12 Months

Oct 30, 2018 Jeremy Parkinson Finance 0

The non-seasonally adjusted S and P CoreLogic Case-Shiller home price index (20 cities) year-over-year rate of home price growth decelerated from 5.9 % to 5.5 %. The index authors stated “Today, the mortgage default rates reported by the SandP/Experian Consumer Credit Default Indices are stable. Without a collapse in housing finance like the one seen […]

Dow Erases Yesterday’s Loss, Now What?

Oct 30, 2018 Jeremy Parkinson Finance 0

The machines picked up where they left off in the late-day yesterday, levitating stocks and pushing The Dow back into the green. The question is – now what? Nasdaq remains red on the week despite a liftathon in FANGs Is another dead-cat’s life about to be lost?

Consumer Confidence Up Again In October

Oct 30, 2018 Jeremy Parkinson Finance, No picture 0

The latest Conference Board Consumer Confidence Index was released this morning based on data collected through October 18. The headline number of 137.9 was an increase from the final reading of 135.3 for September, a downward revision from 138.4. Today’s number was above the Investing.com consensus of 136.0. “Consumer Confidence increased in October, following a modest gain in September, […]

Danger Zone: Investors Who Ignore Accounting Rule Changes

Oct 30, 2018 Jeremy Parkinson Finance, No picture 0

Next year, S&P 500 companies will add roughly $600 billion (2% of total assets) to their balance sheets. One company will more than double its reported assets (and more than quadruple its reported liabilities). This swelling of corporate balance sheets won’t come from increased investment or extra cash from tax cuts. It won’t come from […]

Eurozone Growth Slows To 4-Year Low, Italy Stagnates, Global Recession Risk Up

Oct 30, 2018 Jeremy Parkinson Finance, No picture 0

Eurozone growth slows to 0.2%, a four-year low as Italy stagnates. CEBR says risks of a global recession have risen. Massive Disappointment Eurozone 3Q GDP is a massive disappointment and don’t expect much of a recoveryhttps://t.co/HRNEZlO7Ab — ING Economics (@ING_Economics) October 30, 2018 Annualized Growth Downgraded As #Italy‘s growth stagnates, we revise our annual forecast […]

BP’s Q3 Earnings Beat Estimates, Revenues Increase Y/Y

Oct 30, 2018 Jeremy Parkinson Finance 0

Earnings Beat: Headquartered in London, BP p.l.c. (BP – Free Report) reported third-quarter adjusted earnings of $1.15 per American Depositary Share (ADS) on a replacement cost basis. The bottom-line surpassed the Zacks Consensus Estimate of 86 cents. Estimate Revision Trend & Surprise History: Investors should note that the Zacks Consensus Estimate of earnings for the quarter has been unchanged in the […]

US Stocks Playing “Catch Up” With Global Markets

Oct 30, 2018 Jeremy Parkinson Finance 0

Numerous global stocks indices peaked in January as they started creating a series of lower highs and lower lows. While a good deal of global stocks were heading south, major indices in the states continued higher. This divergence created this question; Will US stocks pull weak global markets up, or will US stocks be pulled lower […]

10% Tuesday Correction – Have We Fallen Far Enough?

Oct 30, 2018 Jeremy Parkinson Finance, No picture 0

Wheeeee! There’s nothing like a nice sell-off when you’re ready for it. Yesterday’s dip blasted our Short-Term Portfolio over the 200% line, up $207,272 for the year and up $23,088 (23%) since our 10/18 review as we briefly flipped more bullish for the bounce but then, since the bounce didn’t make it over our Strong […]

The 10-Year Era Of Endless Central Bank Liquidity Has Ended… For Now

Oct 30, 2018 Jeremy Parkinson Finance 0

Stocks are overdue for a bounce. Stocks are experiencing their worst month since 2008. And fund managers will do anything and everything they can to game performance so they can end the month not looking so bad. However, the BIG picture is that THE top has hit. The 10-year era of endless Central Bank Liquidity […]