Author Archive: Jeremy Parkinson
Bull Flag Pattern Still In Play
My Swing Trading Approach I added one position yesterday in the leading sector, industrials, but only a small amount of my capital is being put to use here, as long as the market remains uncooperative in the short-term. Indicators Volatility Index (VIX) – Dropped 4.8% yesterday, but the inverse head and shoulders pattern remains in place. […]
Is The Great Moderation Back?
The “Great Moderation” was a term used to describe the reduction in business cycle volatility observed in several advanced economies. It started in the mid-1980s and it coincided with the period of time where inflation had successfully brought down to a low level (and remained low and stable since then). There was a debate about […]
Aston Martin’s $6.5 Billion IPO: Good Timing For Who Exactly?
Aston Martin is riding Ferrari’s bumper with its proposed IPO launch that values the company at around $6.5 billion. It’s on track to sell between 6,200 and 6,400 cars this year, with projected sales of around $1.26 billion… So, that looks like a monster valuation, at around five times sales and as much as 60 […]
July 2018 Headline JOLTS Job Openings Situation Again Little Changed
The BLS Job Openings and Labor Turnover Survey (JOLTS) can be used as a predictor of future jobs growth, and the predictive elements show that the year-over-year growth rate of unadjusted private non-farm job openings was little changed. The headline data was also little changed from last month. Analyst Opinion of JOLTS Data The headline seasonally adjusted […]
A Stealthy Way To Max Out Your 401(k) For The Year
Our fearless leaders in congress don’t always get it right. If fact, I’d go so far as to say they generally make a royal mess of things. But when they created the 401k plan in 1978, they created the single best tax shelter and asset protection tool in U.S. history. And importantly, they made it […]
Wholesale Trade Hit By Double Whammy As Inventories, Sales Miss
One month after the wholesale trade was hit with a double whammy, after both wholesale sales and inventories missed, the bad news for businesses continued, with both inventories and sales missing expectations in the month of July. With expectations for a 0.1% rise in June wholesale sales after last month’s -0.1% decline, the latest number […]
Gauging US Versus Eurozone Employment
Today the Eurostat updated its quarterly measurement of employment in the Eurozone. As shown in the chart below, Eurozone payrolls expanded less than the US for three quarters running, after three-quarters of Eurozone unemployment outstripping the US. Both economies are growing employment at a pretty similar and strong pace, in the mid-1% annualized range. Most […]
5 Value Stocks With High Dividend Yields To Buy Now
The start of September has been scary for Wall Street, with all the major indices down in the initial week driven by a steep sell-off in the tech sector and Trump’s new tariff threat. In fact, the Nasdaq Composite Index logged its worst start to September since 2008. Donald Trump threatened to impose tariffs on […]
Long-Term Trends In Employment By Age Group – Tuesday, Sept. 11
The Labor Force Participation Rate (LFPR) is a simple computation: You take the Civilian Labor Force (people age 16 and over employed or seeking employment) and divide it by the Civilian Noninstitutional Population (those 16 and over not in the military and or committed to an institution). The result is the participation rate expressed […]
Dow & Yields Testing Multi-Decade Breakout Levels
This chart looks at the Dow Jones Industrials Average and the Yield on the 10-year note on a monthly basis for several decades. The top chart looks at the Dow since 1927 and the bottom chart looks at yields since 1994. The Dow has spent the majority of the past 65-years inside of rising channel (1) […]
