October 2018 - Page 54 of 262 -

EUR/USD Price Outlook: Euro Sell-Off Intensifies – Support In View

Oct 25, 2018 Jeremy Parkinson Finance, No picture 0

Euro broke below October opening-range yesterday and keeps the focus on a late-month low in the single currency. Today’s post-ECB decline is now approaching key support targets and puts the broader short-bias at risk into these levels. Here are the updated targets and invalidation levels that matter on the EUR/USD charts. EUR/USD DAILY PRICE CHART Technical Outlook: In last week’s EUR/USD Price […]

Major Disparity In The Oil Market: Oil Prices Could Tumble

Oct 25, 2018 Jeremy Parkinson Finance 0

iStock.com/Zhenikeyev Demand And Supply Suggest Oil Prices Could Drop Below $50.00 a Barrel Oil prices could be headed much lower. With this, don’t be shocked to see oil-related investments doing poorly. From its highs at around $77.00 a barrel, the West Texas Intermediate crude (WTIC) oil price has fallen to below $66.00. This represents a […]

Pending Home Sales Slump For 5th Straight Month

Oct 25, 2018 Jeremy Parkinson Finance 0

Following the plunge in existing, and new home sales in September, pending home sales, were expected to be unchanged, but printed a small 0.5% MoM gain (against downwardly revised August data). However, pending home sales dropped 3.4% YoY (on non-adjusted data), the 10th annual decline in the last 11 months… The advance was led by […]

Durable Goods New Orders Growth Rate Improves In September 2018

Oct 25, 2018 Jeremy Parkinson Finance 0

The headlines say the durable goods new orders improved. Our analysis shows the rolling averages improved. Analyst Opinion of the Durable Goods Situation Defense aircraft was the main tailwinds this month in the adjusted data. This series has wide swings monthly so our primary metric is the unadjusted three-month rolling average – which improved and […]

PPG Industries Dividend Stock Analysis

Oct 25, 2018 Jeremy Parkinson Finance 0

PPG Industries, Inc. (PPG) manufactures and distributes paints, coatings, and specialty materials in the United States and internationally. It operates through Performance Coatings and Industrial Coatings segments. PPG Industries is a dividend champion with a 47-year track record of annual dividend increases. The last dividend increase occurred in July when the board of directors approved a 6.70% increase […]

Billion Dollar Unicorns: Dataminr Joins The Club

Oct 25, 2018 Jeremy Parkinson Finance 0

News rooms and studios don’t necessarily find out about breaking news through reporters. These days, a lot of them rely on real-time information discovery platforms such as the Billion Dollar Unicorn Dataminr. Dataminr’s Offerings New York-based Dataminr was founded in 2009 by Yale roommates Jeff Kinsley and Ted Bailey. Ted had always been interested in the impact of […]

Individual Investors Proceed To The Exits

Oct 25, 2018 Jeremy Parkinson Finance 0

With US equities getting sucked into the global equity rout, individual investors are heading for the exits, although given the weakness, we’re a bit surprised it hasn’t been more of a rush. According to the weekly sentiment survey from AAII, bullish sentiment saw another decline this week falling from just under 34% to 27.97%. That’s low […]

Weekly Unemployment Claims: Up 5K

Oct 25, 2018 Jeremy Parkinson Finance, No picture 0

Here is the opening statement from the Department of Labor: In the week ending October 20, the advance figure for seasonally adjusted initial claims was 215,000, an increase of 5,000 from the previous week’s unrevised level of 210,000. The 4-week moving average was 211,750, unchanged from the previous week’s unrevised average of 211,750. [See full […]

House Sales Fall Again In September, More Evidence Tax Cut Is Hitting Housing Market

Oct 25, 2018 Jeremy Parkinson Finance 0

New house sales were down 5.5 percent in September from their August level and by 13.2 percent from year ago levels. This is pretty much the textbook story of crowding out from the tax cut. The story holds that if the government runs large deficits when the economy is near full employment, it will lead to higher […]

Current Best Choice For Loan Allocation

Oct 25, 2018 Jeremy Parkinson Finance 0

We have been asked recently why we are using an ultra-short-term, investment-grade, floating rate debt fund instead of some other higher yielding debt fund in the Loan allocation. The short answer is that ultra-short-term, investment-grade, floating rate debt is currently most attractive considering inflation, taxes, rising Fed Funds rates, and degree of correlation with stock […]