October 2018 - Page 223 of 262 -

The Latest Look At The Total Return Roller Coaster – Thursday, Oct. 4

Oct 04, 2018 Jeremy Parkinson Finance, No picture 0

Note: We’ve updated the charts below based on monthly data through September. Here’s an interesting set of charts that will especially resonate with those of us who follow economic and market cycles. Imagine that five years ago you invested $10,000 in the S&P 500. How much would it be worth today, with dividends reinvested but adjusted […]

August 2018 Manufacturing New Orders Improved

Oct 04, 2018 Jeremy Parkinson Finance 0

US Census says manufacturing new orders improved. Our analysis shows the rolling averages margnally improved. Analyst Opinion of Census Manufacturing Sales According to the seasonally adjusted data, it was civilian aircraft which was the major contributor to the improvement. The data in this series is noisy so I would rely on the unadjusted 3 month […]

E Bond Bear Market?

Oct 04, 2018 Jeremy Parkinson Finance 0

10-Year yields are testing the 200-Month MA and the trendline dating back to 1981. Yields likely reached a generational low in 2016. A breakout above the trendline would support rising yields and a multi-year bear market in bonds. -TLT LONGTERM CHART- Here is the multi-year trendline in TLT (20-year bond ETF). Prices have been […]

Rising Yields – It’s Just Getting Going

Oct 04, 2018 Jeremy Parkinson Finance, No picture 0

(Audio length 00:11:45) Richard Postma joins me today to comment on the breakout in yields. The 10 year is now about the 3.11 resistance level and there are a number of factors that will continue to drive it higher. If you listen closely you can even hear my 5-month-old Gigi agreeing with what we are […]

ISM PMI – Best Reading Since 1998

Oct 04, 2018 Jeremy Parkinson Finance 0

The non-manufacturing PMI was 61.6 which surpassed the consensus of 58. Out of 65 economists making predictions, the highest estimate was 59.6. This was a 5 standard deviation beat. It was much better than the prior PMI which was 58.5. As you can see below, this was the 2nd best reading in the history of this […]

SPX/Gold Ratio, Long-Term Yields & Yield Curve (3 Amigos Updated)

Oct 04, 2018 Jeremy Parkinson Finance 0

It has been a long while since the last Amigos update because frankly if the characters, images and shticks I invent to portray market status begin to wear on me sometimes I have to believe they may do the same to you. Consider that the 3 Amigos, SPX/Gold Ratio, Long-term Yields and the Yield Curve are slow movers that we usually view […]

Super Elastic Bubble Plastic

Oct 04, 2018 Jeremy Parkinson Finance 0

The Elastic IPO (NYSE: ESTC) will price tonight. The price was bumped up to $33-35 but given the company position in software infrastructure, the shares should still perform well from that level. We have our summary comments below but investors in this one will want to review the ESTC prospectus and read our transcript of the ESTC IPO roadshow. Technology […]

Tesla Shares Tumble As Judge Asks SEC To Justify Musk’s Sweetheart Deal

Oct 04, 2018 Jeremy Parkinson Finance 0

Every Tesla bear who watched in disbelief as the company’s shares rocketed higher on Monday should be thanking U.S. District Judge Alison Nathan. That’s because Nathan, who is ultimately responsible for ratifying Musk’s sweetheart deal with the SEC, has reportedly asked both Musk AND the SEC to explain “why [the deal is] fair and reasonable.” An explanation that – we’re sure […]

Consumer Comfort Makes Another High

Oct 04, 2018 Jeremy Parkinson Finance 0

The Bloomberg Consumer Comfort Index has once again made another new high for the current cycle rising to 61.6 from last week’s 61.2. Not only is it an impressive release for the current cycle, but it is also at the highest level since the final days of 2000— one year after the index had hit its […]

Global Debt Is A Pest That Must Be Eradicated

Oct 04, 2018 Jeremy Parkinson Finance 0

The coming gold and silver surge is guaranteed. It is not a question of IF but only WHEN. Initially, the imminent revaluation of the precious metals will have nothing to do with an investment mania but with the total mismanagement of the world economy. A spectacular rise in the metals is just a reflection of […]