Author Archive: Jeremy Parkinson
E Market Briefing For Friday, Sept. 7
Discretion is the better part of valor as you work into market extremes, and that’s essentially a topic the market is telling you needs exploring. Yes, I have been skeptical of the rebounds lately; coming a year-and-a-half or more after we took an ‘all-in’ approach of the market ‘going to the Moon’ if Trump won […]
Gold Rises On Dollar Weakness – Friday, Sept. 7
Gold prices ended Thursday’s session up $3.43, extending gains to a second straight session. Some safe-haven demand was featured, and a weaker U.S. dollar index also favored the gold bulls. The private sector added 163000 jobs in August, according to the ADP National Employment Report. Traders are waiting to see what the official monthly jobs […]
Market Valuation, Inflation And Treasury Yields: Clues From The Past – Thursday, Sept. 6
Our monthly market valuation updates have long had the same conclusion: US stock indexes are significantly overvalued, which suggests cautious expectations on investment returns. In a “normal” market environment — one with conventional business cycles, Federal Reserve policy, interest rates, and inflation — current valuation levels would be a serious concern. But these are different times. The […]
Sail Through Market Volatility With These 5 Low-Beta Stocks
Smart investors always conduct intensive research before deciding on a particular stock or portfolio. They never follow the herd and don’t believe in the rule that risky stocks can only generate lucrative returns. With thorough research we have generated a strategy that claims that less-risky securities or portfolios can also generate handsome returns. Meaning of […]
Even In A Bullish Stock Market, This Will Cause An Economic Crisis
Trump’s Trade and Tariff Wars Are a Mask to Hide the Real Risk of an Economic Crisis Trade disputes could trigger a global economic crisis. Any hope that President Donald Trump was bluffing to secure better trade terms with China has vanished. The veritable tit-for-tat exchange of tariffs and duties between the two largest economies […]
More Signs Of A Correction Ahead: But How Soon And How Much
The broader stock market via the S&P 500 finally broke to new highs in August, while they drifted insignificantly lower on Wednesday. And as Adam O’Dell recently commented, that typically means substantially higher highs ahead… like 13% plus. What does this mean for my great crash forecast? Well, my favored scenario right now, with the strong tax cuts […]
Gold-Acquiring Foreign Powers Put Petro-Dollar In Jeopardy
President Donald Trump’s administration is playing a game of high-stakes international chess with Russia, Iran, Turkey, China, and other countries viewed as adversaries in trade and geopolitics. It’s not necessarily the case that tariffs, sanctions, and blustering will result in a hot war. More likely, escalating strife between the U.S. and a bloc of much […]
Manufacturers’ New Orders
The US Census reported new factory orders that were lower than expected for July with a 0.8% MoM decrease to $497.8 billion. Orders were estimated to fall 0.6% after the 0.7% increase in June. On a year over year basis, new orders are still up 8.3%. Breaking this down, durable goods saw a decline of […]
EIA Print Confirms Natural Gas Balance Loosening
The Energy Information Administration announced that 63 bcf of natural gas was injected into storage this past week, coming in just 1 bcf below our 64 bcf estimate and slightly above the market consensus around 61 bcf. The result is that the prompt month October natural gas contract continued its grind lower today, with EIA […]
Markit Services PMI: Service Sector Activity Growth Eases
The August US Services Purchasing Managers’ Index conducted by Markit came in at 54.8 percent, down 1.2 from the final July estimate of 56.0. The Investing.com consensus was for 55.2 percent. Markit’s Services PMI is a diffusion index: A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Here is the opening from the […]
