October 2018 - Page 97 of 262 -

Shanghai Composite Down 30.12% Since January 26th

Oct 19, 2018 Jeremy Parkinson Finance 0

Shanghai Composite – Weakness In China Let’s get back to possibly the biggest topic of the year. That is the crash in Chinese stocks and the weakness in its economy. The table below breaks down the Chinese market’s performance in the past year using the new sectors. As you can see, the median communication services stock […]

Median Household Incomes By Age Bracket: 1967-2017

Oct 19, 2018 Jeremy Parkinson Finance, No picture 0

Earlier this week, we updated our commentary on household income distribution to include the Census Bureau’s release of the 2017 annual data. Our focus was on arithmetic mean (average) household incomes by quintile (and the top 5%) over the 50+ year history of this data series. The analysis offered some fascinating insights into U.S. household incomes. But […]

Thus Begins The End Of The All-Powerful U.S. Economy

Oct 19, 2018 Jeremy Parkinson Finance 0

China Threatens More Than Just the U.S. Economy China and the interest rates are scaring investors. The U.S. economy has already started to feel the early cautionary tremors of a potentially heavy fall. The warnings are mostly for the hyper-valued (we passed the overvaluation point long ago) technology stocks, which led the 830-point-plus Dow Jones […]

Wall Street’s Top Stories For Friday,Oct. 19th

Oct 19, 2018 Jeremy Parkinson Finance, No picture 0

Stocks opened in positive territory as they tried to rebound from yesterday’s big selloff. The early strength was attributed to various earnings reports as well as a rebound in Asian stocks, which received a vote of confidence from China’s central bank. Throughout the morning the averages moved in a narrow range, but as the European […]

S&P 500, Dow Volatility Reflected In Deadlocked ETF Flows

Oct 19, 2018 Jeremy Parkinson Finance, No picture 0

The third week of October continued to offer significant volatility for equity markets. This week saw large intraday swings as bears and bulls weighed a number of fundamental themes that could impact the longer-term outlook for individual shares and indices as a whole. S&P 500 Hourly Price Chart October 2018 Despite the volatility and large price-swings, demand (as […]

This Was A Great Article!

Oct 19, 2018 Jeremy Parkinson Finance 0

My buddy Kuppy, who I’ve introduced you to many times before and who you can find hanging out here, wrote a piece last week. It’s a great piece and worth sharing. More below, but first… Talking of hanging out… Kuppy, as well as Jamie, our resource guru, and Brad, our trading guru, will all be joining me […]

“These Are All Starting To Crack”: Bank Of America Spots 4 Bearish Anomalies

Oct 19, 2018 Jeremy Parkinson Finance 0

In the latest Flow Show report from BofA’s Michael Harnett, the Chief Investment Strategist notes that, as expected, there was a major flow capitulation during the last week following the worst rout in the market since February. To wit, there was a massive $15.8BN outflow from equities, coupled with $8.1BN out of bonds. Broken down […]

Industrial Production Growth – Very Strong

Oct 19, 2018 Jeremy Parkinson Finance 0

Industrial Production – Solid Growth The industrial production report is always pivotal in measuring the economy. It’s especially important now that we’ve disconnected soft indicators from the hard reports. It’s interesting that the September ISM manufacturing PMI fell slightly. However, industrial production growth accelerated on a year over year basis. It also beat estimates on a […]

Gold Is Becoming Cool Again

Oct 19, 2018 Jeremy Parkinson Finance 0

The sentiment shift is still subtle, but it’s both real and widespread. After a few years of being ignored and/or dismissed as basically useless, gold is cool again, attracting positive comments in the media and increasing accumulation by big investors. India, for instance, imported less gold than usual in the first part of this year […]

The Time’s – And Oil’s – A ’Changin’

Oct 19, 2018 Jeremy Parkinson Finance, No picture 0

The oil market was shaken on Thursday. Well, for some traders anyway. In case you didn’t notice it, futures on light, sweet crude oil flipped from backwardation to contango. Did that sound like mumbo-jumbo? Let me explain. Contango describes a futures price curve in which contracts for distant deliveries trade at a premium to nearby […]