Author Archive: Jeremy Parkinson
No Gas Pedal
Image Source: PixabayYa know, it’s a real shame that just about the only cycle I’ve ever discovered to work reliably over decades……..natural gas:…..has such lousy ways to trade it, like UNG, whose erosion is more powerful than the upward force.Using layered charts, you can see that the powerful moves of the natural gas market act as little more than gently gravitational […]
Futures Slide As Bond Yields Jump To 6 Month High
Image Source: UnsplashUS stock futures and Treasuries dropped as muted trading resumed after the Christmas holiday, with investors looking to initial jobless claims data and a government bond auction later on Thursday. At 8:00am, S&P futures fell 0.3%; the index closed 1.1% higher on Tuesday, extending this year’s advance to 27%, and on pace for the […]
Stocks Stall In Thin Post-Holiday Trade As Investors Brace For Year-End Squeeze And Repo Strain
Image Source: UnsplashUS equities are stuck in a holding pattern as trading volumes dry up following the holiday break, and Europe is largely absent from the action. Liquidity remains razor-thin, and market moves appear more about year-end housekeeping than aggressive positioning. With the calendar year winding down and little in the way of tier-one economic data, […]
China’s Weapons In The Coming China-U.S. Trade War
Image Source: Pexels With less than a month from the second Trump inauguration, trade specialists are now examining ways in which China is going to react to a host of American trade restrictions. We know that Trump is planning a broad-based increase in tariffs, some speculate as high as 100% on certain manufactured products. In addition, […]
Nasdaq 100 & S&P 500 Elliott Wave Update – Thur., Dec. 26
Image Source: Unsplash Nothing to be adding to current analysis. I did update today’s activity and continue to work with the preferred and alternate counts.Video Length: 00:10:29More By This Author:Nasdaq 100 & S&P 500 Elliott Wave Update – Tue., Dec 24 Nasdaq 100 & S&P 500 Elliott Wave Update – Monday, Dec 23 Weekly Technical Update: […]
Finding The Best Stocks For All Kinds Of Markets
Image Source: Pixabay This month we’ve explored a few of my favorite fundamental criteria, like free cash flow and operating margin, to name a few, for picking safe stocks with great upside potential.Let’s keep it going, and look at two other boring-sounding numbers that can spice up your returns: assets-to-liabilities and the fixed charge coverage ratio.Trust […]
Stocks And Precious Metals Charts – Quiet Post-Holiday Trading Day
This was a very quiet post-holiday trading day. The adults are on vacation, and the juniors are just following a pattern given to them.I suspect tomorrow will be similar once we get past the first hour or two of trading, unless *something happens*.The New Year’s holiday is next week on Wednesday. Gold is forming up what could […]
Are Continuing Claims A Concern?
With the holidays, today’s economic data slate was light with only jobless claims on the calendar. For initial claims, this week’s reading came in at 219K. That was down 1K from an unrevised reading of 220K the previous week and was a surprise decline versus the forecasted print of 223K. Seasonally adjusted weekly claims have […]
Dow Logs 5th-Straight Win; Nasdaq Holds 20,000
A Santa Claus rally is still in play, albeit barely.Amid lighter volume, the Dow pared a triple-digit loss at its session lows, capturing a fifth-straight win. While the S&P 500 and Nasdaq also fought their way back into positive territory, both finished marginally in the red, though the tech-heavy latter managed to hold the psychologically-significant 20,000 level. […]
Why Not Tax Hikes To Fix The Budget?
Why don’t I push for tax increases to address the massive budget deficits and the ever-growing national debt?The answer is simple – Uncle Sam doesn’t have a revenue problem. He has a spending problem. Did Tax Cuts Pillage the Treasury? A reader posed the question in response to an article I wrote about the recent budget […]
