Author Archive: Jeremy Parkinson
Stock Buybacks Outperform CAPEX Spending
In the past few years stock buybacks have been increasingly criticized by investors who believe the stock market and economy are in a bubble. The main evidence they bring to the table is that companies bought back a record amount of their own shares before the financial crisis in 2008. The market fell about 55% in 2008, […]
China/Asia Economic Implosion On The Horizon? – Part III
Thank you for following our multi-part research (Part I, Part II) into the possibility of a China/Asia market collapse and our hypothetical analysis of what that event might consist of and how it may play out. So far, we have discussed the Chinese housing market rotation as well as the recent trends within the past 7+ […]
WTI Crude Oil And Natural Gas Forecast – Thursday, March 29
WTI Crude Oil The WTI Crude Oil market has been noisy during training on Wednesday, dropping as low as $64 before bouncing. By the end of the day, we formed a bit of a hammer, so it looks as if the buyers are willing to step in and pick up these dips, and I think […]
China Cracks Down On Jaywalkers With AI, Facial Recognition, & Automated Fines
As we pointed out earlier this week, China’s lack of data protection laws and its determination to overtake the US as the world-leader in AI technology poses a serious threat to US technological hegemony. As Russian President Vladimir Putin once said, whoever dominates the AI race could one day rule the world. Well, another advantage that China has […]
Euro May Fall If German Inflation Data Disppoints
German CPI data headlines the economic calendar in European trading hours. The headline on-year inflation rate is expected to rise to 1.7 percent, marketing the first increase in four months and the highest reading since December 2017. Broadly speaking, Eurozone economic news-flow has increasingly deteriorated relative to baseline forecasts in recent months. That might foreshadow a […]
And Up From The Ground Came A Bubblin’ Crude
Before we discuss the chart, a bit of technical history on crude oil and the price action of the ETF USO. The peak low was made the week of December 12, 2016, at 7.67. Gas prices were amazingly cheap then-what costs me $60 now to fill up my Range Rover, at that point cost more […]
AUD/USD Daily Analysis – Thursday, March 29
AUD/USD broke below 0.7672 support, indicating that the downtrend from 0.7916 has resumed. Further decline would likely be seen in a couple of days, and next target would be at 0.7600 area. Resistance is now at 0.7700, only a break of this level could bring price back to 0.7760 zone.
Materials Build On A Bearish Breakdown
This picture is exactly what I do not want to see as the stock market struggles to hold critical technical supports: a major index of economically-sensitive stocks confirming a breakdown of support at its 200-day moving average (DMA). The Materials Select Sector SPDR ETF (XLB) lost 1.3% on a day when the S&P 500 (SPY) only […]
Why Aren’t Stocks Climbing The Wall Of Worry Anymore?
According to Bank of America’s research team, 87% of prior bull-to-bear transitions involved increases in volatility. That’s not particularly surprising. Anyone who has experienced a stock bear probably remembers months and months of extraordinary price swings. In the current bull portion of the bull-bear cycle (3/09-?), each of the previous corrections offered buying opportunities. For […]
