Author Archive: Jeremy Parkinson
August Jolts Report: Thriving Jobs Market, And Still-Thriving Taboo Against Raising Wages
Tuesday’s JOLTS report once again confirmed the very good employment report from one month ago: Quits made a new all-time high Hires are just below their expansion high of two months ago Total separations made a new expansion high Layoffs and discharges improved, but not to their expansion low made in March Job openings made […]
Yellen Wants Fed To Commit To Future Booms To Make Up For Busts
Former Fed Chair Yellen promotes “Lower for Longer”, a policy in which the Fed knowingly keeps interest rates too low. Here’s the asinine policy proposal of the day: Fed Should Commit to Future ‘Booms’ to Make Up for Major Busts. The U.S. Federal Reserve should commit to letting economic booms run on enough to fully […]
Sept. 15th 2018 Week In Review: How Trump’s Policies Moved Stocks
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Trump and his administration with this weekly recap compiled by The Fly: 1. JPMORGAN’S DIMON: Following JPMorgan (JPM) CEO Jamie Dimon’s remarks Wednesday that he could beat Donald Trump in […]
Dangerous Times
Dumb money always assumes a trend will continue indefinitely. They buy at tops and sell at bottoms. I’m going to show you something and caution again that now isn’t the best time to keep chasing the stock market. Yes the Fed will probably manage to keep the market propped up ahead of the rate hike […]
ECRI Weekly Leading Index Update – Sept. 15
Friday morning’s release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 148.0, down slightly from the previous week. Year-over-year the four-week moving average of the indicator is now at 3.05%, up from last week. The WLI Growth indicator is now at 0.0, also up from the previous week. “Outsized […]
Forex And Cryptocurrencies Forecasts For Sept. 17-21
First, a review of last week’s events: EUR/USD The dollar was under pressure for all five days, the difference between the weekly high and the low was about 200 points. Nothing special was said at the press conference following the ECB meeting, the plan to tighten the Eurozone monetary policy remained unchanged. Therefore, the main […]
Forex Forecast And Cryptocurrencies Forecast For Sept. 17-21
First, a review of last week’s events: EUR/USD The dollar was under pressure for all five days, the difference between the weekly high and the low was about 200 points. Nothing special was said at the press conference following the ECB meeting, the plan to tighten the Eurozone monetary policy remained unchanged. Therefore, the main […]
US Dollar Rally May Resume On Fed Rate Hike Bets, Risk Aversion
FUNDAMENTAL FORECAST FOR THE US DOLLAR: BULLISH US Dollar retreats as emerging markets stabilize, CPI data disappoints Durable upshift in Fed rate hike outlook likely to offer renewed support Haven-seeking demand may return on Kim/Moon meeting, Tria speech The US Dollar backtracked last week. Ebbing haven demand seemed to be main culprit as emerging market […]
Internet Content Stock Outlook: Regulations To Dull Growth
The Zacks Internet – Content Industry comprises companies with diversified end-markets. The industry includes providers of video encoding platform, personal services, Internet content & information, staffing & outsourcing services, publishing, capital markets and media-based companies. Moreover, apart from the United States, a number of companies in this industry are domiciled in the Netherlands, Israel, United Kingdom, Germany […]
S&P 500 Snapshot: A Week Of Gains After Minor Losses
The S&P 500 made gains each day of this week, ending with a weekly gain of 1.16%. The index is up 7.76% YTD. The U.S. Treasury puts the closing yield on the 10-year note at 2.99%. Here is a daily chart of the S&P 500. Today’s selling puts the volume at its 50-day moving average. […]
