November 2018 - Page 141 of 209 -

China Stocks Hit Again This Morning… US Yields Cross-Over Soon?

Nov 09, 2018 Jeremy Parkinson Finance 0

We’ve been tracking this chart, showing the correlation between Chinese stocks, the yuan, and yield spread (with the US). The incentive to keep hot money in China fades as the US spread gains. We don’t know if the damn will break, and capital will rush out, but it seems risks are growing.

EUR/USD Threatens Yearly Low As Euro Worries Back In The Spotlight

Nov 09, 2018 Jeremy Parkinson Finance, No picture 0

RETURN OF THE RISK TRADE UNDER REVIEW AS EUROPEAN WORRIES MOVE BACK TO MAIN STAGE It’s been an encouraging November thus far, for the most part, and this follows what had become a worrisome month of October as the risk trade pretty much collapsed the world around. While all of the Dow, Nasdaq 100 and S&P 500 all set fresh […]

Stocks, Gold, Yields Tumble After ‘Hot’ PPI

Nov 09, 2018 Jeremy Parkinson Finance 0

US equities are extending post-FOMC losses following a hotter-than-expected producer price print. Bond yields and bullion prices are also tumbling as the dollar holds on to its gains… Gold and stocks are lower as bond safe-havens are bid… US equities are quickly erasing the week’s gains… The major indices are breaking or testing […]

Shopify Counting On Cannabis For Growth

Nov 09, 2018 Jeremy Parkinson Finance 0

According to a Grand View Research report, the global B2C e-commerce market is expected to grow 12% annually to $7,724.8 billion by 2025. The growth in the industry is attributed to increased disposable income levels and rising internet and smartphones penetration. Billion Dollar Unicorn Shopify is helping retailers establish and improve their dot-com presence to drive this growth. […]

October 2018 Producer Price Final Demand Year-over-Year Inflation Grew

Nov 09, 2018 Jeremy Parkinson Finance 0

The Producer Price Index year-over-year inflation increased from 2.6 % to 2.9 %. Analyst Opinion of Producer Prices The Producer Price Index increased year-over-year. Food and energy prices were two of the major factors in this increase – and services inflation rose lead by trade services. The growth in inflation was more than expected. Here […]

Here’s What’s Important For Investors – Fed Policy, Energy Sector, Metals, And Trade

Nov 09, 2018 Jeremy Parkinson Finance, No picture 0

Chris Temple joins me today to recap the last three days in the markets and his thoughts on the election and Fed statement. The key markets to note include the divergence in the energy sector between oil and natural gas, the metals continuing to sell off (this time it includes precious metals and base metals), […]

Cryptocurrency’s Richest: Top 5 Net Worth People

Nov 09, 2018 Jeremy Parkinson Finance 0

There’s no shortage of stories about people investing in cryptocurrencies and amassing enormous amounts of wealth. Recently, some of these investors and entrepreneurs have crossed the line into the billionaire club. Let’s take a look at who these people are, what their net worth is, why they’re important to cryptocurrency, and how they made it […]

GE Collapses To $8 Handle – Unchanged Since 1995

Nov 09, 2018 Jeremy Parkinson Finance 0

Following yet another downgrade, by JPMorgan this time, GE is trading back with an $8 handle for the first time since its crash in the financial crisis (and unchanged since 1995). Specifically, JPMorgan analyst Stephen Tusa cut his price target to $6 from previous $10. The current target is the lowest among all the analysts covering the […]

Why The Stock Market Will Pullback Before Heading Higher

Nov 09, 2018 Jeremy Parkinson Finance 0

The S&P 500 has reached its 61.8% retracement and is now facing short term resistance (as expected). Let’s determine the stock market’s most probable direction by objectively quantifying technical analysis. For reference, here’s the random probability of the U.S. stock market going up on any given day, week, or month. *Probability ≠ certainty. The stock market is not […]

October Producer Price Index: Core Final Demand Up 0.5% MoM

Nov 09, 2018 Jeremy Parkinson Finance, No picture 0

Today’s release of the October Producer Price Index (PPI) for Final Demand came in at 0.6% month-over-month seasonally adjusted, up from last month’s 0.2%. It is at 2.9% year-over-year, up from 2.6% last month, on a non-seasonally adjusted basis. Core Final Demand (less food and energy) came in at 0.5% MoM, up from 0.2% the […]