November 2018 - Page 47 of 209 -

Headline Durable Goods Orders Down 4.4% In October

Nov 21, 2018 Jeremy Parkinson Finance, No picture 0

The Advance Report on Manufacturers’ Shipments, Inventories, and Orders released today gives us a first look at the latest durable goods numbers. Here is the Bureau’s summary on new orders: New orders for manufactured durable goods in October decreased $11.5 billion or 4.4 percent to $248.5 billion, the U.S. Census Bureau announced today. This decrease, […]

5 Top Stocks That Aren’t FAANG

Nov 21, 2018 Jeremy Parkinson Finance, No picture 0

Audio Length: 00:23:09 Let’s be honest, most investors probably own at least one, if not all, of the FAANG stocks (Facebook, Amazon, Apple, Netflix and Alphabet). For the last few years, they’ve been “sure things.” Outside of a few minor pullbacks, they seemed to only go up. Just two months ago, some of them were […]

Tech Wreck Most Likely Gets Started Here

Nov 21, 2018 Jeremy Parkinson Finance 0

This chart looks at the Nasdaq Composite Index (IXIC) over the past 38-years. It has spent the majority inside of the past 25-years inside of rising channel (1). The Long-term Trend in this index remains up, despite the softness of late. The rally off the bottom of the channel that started in 2009, hit the top of the […]

Bitcoin Daily Forecast – Wednesday, Nov. 21

Nov 21, 2018 Jeremy Parkinson Finance 0

BTC/USD The Bitcoin markets broke through the significant $5000 level during the trading session late on Monday, and Wednesday was more of the same. We did bounce a bit towards the end of the day though so there is only some short-term hope. The $4500 level looks to be offering minor support but I don’t […]

Market Sell-Off

Nov 21, 2018 Jeremy Parkinson Finance 0

My Swing Trading Approach Once again, yesterday was a day of day-trades for me. I faded the early market intraday bounce yesterday twice, First time, I was quickly stopped out for a small loss, and the second time I profited, allowing me to be profitable overall on the day, despite a market sell-off. Today, I […]

Why Is The VIX Not Screaming Higher

Nov 21, 2018 Jeremy Parkinson Finance 0

If you thought Monday was ugly for global equities, it didn’t get any better on Tuesday. U.S. equity indexes fell sharply, again, on Tuesday with the Dow Jones Industrial Average (DJI) leading the way lower by 2.2 percent. The Dow was down more than 630 points intraday at its lows. The Nasdaq (NDX) fell 1.7% […]

Nearing The Pause That Will Not Refresh?

Nov 21, 2018 Jeremy Parkinson Finance 0

Each business cycle, central banks optimistically hike rates with the stated goal of slowing the economy enough to prevent it from overheating and not so much as to trigger a recession.They have failed in this goal 12 of the last 13 tightening cycles, with a recession and stock market swoon following all but one in […]

What Your Dad Never Told You About Income Investing: Q & A

Nov 21, 2018 Jeremy Parkinson Finance, No picture 0

One of the biggest mistakes investors make is to ignore the “income purpose” portion of their investment portfolios… many don’t even realize that there should be such a thing.The second biggest mistake is to examine the performance of income securities in the same manner as they do “growth purpose” securities (equities). The following Q & […]

Durable Goods Orders Plunge As Defense Spending Plummets, Capex Weak

Nov 21, 2018 Jeremy Parkinson Finance 0

After beating expectations of a decline in September (thanks to a 118.7% MoM spike in defense aircraft spending), October was also pegged for a notable decline and Durable Goods delivered a crushing blow, plunging 4.4% MoM (against expectations of a 2.6% decline). Thanks in large part to a 59.3% MoM collapse in Defense aircraft spending… […]

Weekly Unemployment Claims: Up 3K – Wednesday, Nov. 21

Nov 21, 2018 Jeremy Parkinson Finance, No picture 0

Here is the opening statement from the Department of Labor: In the week ending November 17, the advance figure for seasonally adjusted initial claims was 224,000, an increase of 3,000 from the previous week’s revised level. The previous week’s level was revised up by 5,000 from 216,000 to 221,000. The 4-week moving average was 218,500, […]