2018 - Page 83 of 1751 -

Nvidia Falls Off A Cliff

Nov 16, 2018 Jeremy Parkinson Finance 0

To say that Nvidia (NVDA) has had a rough fall would be an understatement. The severity of this recent downturn is striking on a longer-term chart (see below). The stock has more than erased its YTD gains at this point, falling to its lowest levels since the summer/early fall of 2017. Since peaking on October 1st, […]

Central Banks Take Aim At Bitcoin

Nov 16, 2018 Jeremy Parkinson Finance 0

We’re in Dublin… en route to the USA for the holidays. Dublin is a vibrant, lively city. Not especially elegant, unlike Paris… and not especially dynamic, unlike London… Nor is it especially huge and imposing, like New York or Chicago. Instead, it is a comfortable, charming, livable place… with many restaurants, hotels, and bars where […]

Transport ETFs & Stocks To Surge On Busy Thanksgiving Travel

Nov 16, 2018 Jeremy Parkinson Finance, No picture 0

A higher number of Americans are gearing up for Thanksgiving travel by road or air encouraged by a booming economy, higher wages, rising consumer confidence and increasing levels of household wealth. The frenzy for trips during the Thanksgiving weekend is far more than the other years. According to travel service provider American Automobile Association (AAA), […]

GE, Nvidia, Nordstrom, Bitcoin All Tank, And The Fed Notices

Nov 16, 2018 Jeremy Parkinson Finance 0

The sense that something isn’t right out there just got a lot stronger. And the Fed, in response, is now tiptoeing back towards QE. Let’s start with the sudden bad news: Chipmaker Nvidia plunges after missing on revenue and guidance (CNBC) – Nvidia stock fell as much as 19 percent Thursday after the company reported […]

Fed Vice-Chair Richard Clarida Cautions On Global Growth, Bond Yields Sink

Nov 16, 2018 Jeremy Parkinson Finance, No picture 0

Clarida says Fed is getting closer to neutral and that there is “some evidence” that the world economy is slowing. U.S. Treasury yields and the dollar slides as Fed’s Clarida Cautions on Global Growth. The Bloomberg Dollar Spot Index sank 0.5 percent and two-year Treasury yields dropped to the lowest since October after Clarida told CNBC […]

Household Debt And Credit Report: Up $219B In Q3

Nov 16, 2018 Jeremy Parkinson Finance, No picture 0

The latest household debt for Q3 2018 was up 1.6% from Q2 and currently at $13.51T and its peak. There were increases in all categories but home equity lines of credit. Here is an excerpt from the latest press release: NEW YORK—The Federal Reserve Bank of New York’s Center for Microeconomic Data today issued its Quarterly […]

In A Booming Economy, You Make And Sell Cars

Nov 16, 2018 Jeremy Parkinson Finance, No picture 0

In September 2015, the US EPA issued a notice of violation to Volkswagen. The European carmaker had, apparently, engineered its turbocharged direct injection diesel engines to turn on the vehicle’s emissions control only during testing. Discrepancies had been discovered by California regulators the year before, many involving European makes and models. The Volkswagen emissions scandal […]

Most Active Equity Options & Strikes For Midday – Friday, Nov. 16

Nov 16, 2018 Jeremy Parkinson Finance 0

Top tickers for midday: BAC, AAPL, GE, PFE, VALE.

US Household Debt Hits Record $13.5 Trillion As Delinquencies Hit 6 Year High

Nov 16, 2018 Jeremy Parkinson Finance 0

Total household debt hit a new record high, rising by $219 billion (1.6%) to $13.512 trillion in Q3 of 2018, according to the NY Fed’s latest household debt report, the biggest jump since 2016. It was also the 17th consecutive quarter with an increase in household debt, and the total is now $837 billion higher than the […]

USD/JPY Bullish Trend Under Threat After Cautious Fed Member Comments

Nov 16, 2018 Jeremy Parkinson Finance, No picture 0

Taking a break from our non-stop Brexit coverage, we want to highlight a key development that on the US monetary policy front that may mark a significant shift for markets heading into next year. In a marked shift from the previous “party line,” two Fed members came out with relatively cautious assessments of the US […]