2018 - Page 45 of 1751 -

To Succeed In The Markets You Must Become A ‘Second Level Thinker’

Nov 21, 2018 Jeremy Parkinson Finance, No picture 0

“To achieve superior investment results, you have to hold non-consensus views regarding value, and they have to be right. That’s not easy… The good news is that the prevalence of first level thinkers increases the returns available to second level thinkers. To consistently achieve superior investment returns, you must be one of them.” -Howard Marks, The Most […]

Finally Closing The Book On Harvey And Irma, Opening A New Economic Chapter To?

Nov 21, 2018 Jeremy Parkinson Finance, No picture 0

I, for one, am sick of still writing about 2017’s tropical season. It’s been well more than a year and yet we are just now finally moving past them. It would’ve been healthier and more honest had there been more appreciation for what they really were going to do for/to the US economy. Without any […]

The “Real” Goods On The October Durable Goods Data – Wednesday, Nov. 21

Nov 21, 2018 Jeremy Parkinson Finance, No picture 0

This morning, the Census Bureau posted the Advance Report on the latest Durable Goods New Orders. This series dates from 1992 and is not adjusted for either population growth or inflation. Let’s now review Durable Goods data with two adjustments. In the charts below the gray line shows the goods orders divided by the Census Bureau’s monthly […]

Dollar Index: Yesterday’s Surge Suggests Uptrend Remains Intact For Now

Nov 21, 2018 Jeremy Parkinson Finance 0

Risk assets are staging a comeback after yesterday’s big drop (perhaps on signs that the more extreme wing of Trump’s trade advisors is taking a backseat in the upcoming China talks), but the greenback is hardly giving back any of its gains. As the chart below shows, the US dollar index rocketed higher from the bottom of […]

Hold? Fold? Buy?

Nov 21, 2018 Jeremy Parkinson Finance 0

“Davidson” submits: Fundamentals matter! Price trend investors dominate market thinking with widely accepted serious misperceptions. These misperceptions are even held by the most highly respected on Wall Street and who are often quoted in the media. One must look longer-term to locate the market’s fundamental underpinnings and separate out belief from reality to visualize investment […]

Forget FAANGs, Invest In These Tech ETFs Instead

Nov 21, 2018 Jeremy Parkinson Finance, No picture 0

The so-called FAANG stocks — Facebook (FB – Free Report), Amazon (AMZN – Free Report), Apple (AAPL – Free Report), Netflix (NFLX – Free Report) and Alphabet (GOOGL – Free Report) — which were investors darling over the past decade, have seen terrible trading in the past six weeks. In fact, each of the five stocks has slipped into a bear […]

XLY – Don’t Count The American Consumer Out Yet

Nov 21, 2018 Jeremy Parkinson Finance 0

The U.S. Consumer Measured Via the XLY “The U.S. economy is the global economic driver. And within the U.S. economy, the U.S. consumer is the global driver.” James P. Gorman We’re Entering In Negative Territory for 2018 The stock market (measured via the S&P 500 and Dow Jones Industrial Average) has officially erased all of […]

Jobless Claims Drifting Higher

Nov 21, 2018 Jeremy Parkinson Finance 0

It has now been nine weeks since Jobless Claims last made a new low for the cycle, and while that really isn’t long of a time, after being spoiled with extraordinarily low readings for several weeks, the recent drift higher stands out. In this week’s report, Jobless Claims rose from 221K up to 224K, and […]

Headline Durable Goods New Orders Declined In October 2018

Nov 21, 2018 Jeremy Parkinson Finance 0

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

AUD/USD Rate Carves Bearish Series Following Lackluster RBA Minutes

Nov 21, 2018 Jeremy Parkinson Finance, No picture 0

AUD/USD pulls back from the monthly-high (0.7337) as the Reserve Bank of Australia (RBA) Minutes does little to sway the monetary policy outlook, and the advance from the 2018-low (0.7021) may continue to unravel as the exchange rate extends the series of lower highs & lows from earlier this week. AUD/USD RATE CARVES BEARISH SERIES FOLLOWING […]