Author Archive: Jeremy Parkinson
Nasdaq Continues To Tread Lower, Yet US ETFs See Robust Inflows
US equities did not fare well in the shortened holiday week to open September with the Nasdaq posting its largest weekly loss in over 5-months. The tech-heavy index took a beating after trading resumed Tuesday, September 4th. The discourse between US Senators and officials of Twitter and Facebook generated some early losses for tech on […]
GBP/USD Rate Rebound To Benefit From Robust U.K. Job/Wage Growth
BRITISH POUND TALKING POINTS GBP/USD trades on a firmer footing amid growing hopes for a Brexit deal, but another failed attempt to test the August-high (1.3145) keeps the broader outlook tilted to the downside as the exchange rate continues to track the bearish formation from earlier this year. GBP/USD RATE REBOUND TO BENEFIT FROM ROBUST U.K. JOB/WAGE […]
July 2018 Headline Consumer Credit Growth Rate Little Changed
The headlines say consumer credit rate of annual growth improved from last month. We see almost no change in the rate of growth. Analyst Opinion of the Consumer Credit Situation There was a 0.2 % downward revision to the previous months’ data – so year-over-year growth is actually lower than last month. Not only does […]
Chart: Global Equity Volatility Vs Economic Policy Uncertainty
Economic policy uncertainty, and political risk, in general, has basically been a constant over the past few years. In more recent times the trade war, EM stress, and Fed QT are among examples of policy risks weighing on investors’ minds. And that last point is something worth pondering – in an environment of super-accommodative monetary policy globally, […]
Multiple Jobholders: Over Two Decades Of Trends As Of August
What are the long-term trends for multiple jobholders in the US? The Bureau of Labor Statistics has two decades of historical data to enlighten us on that topic, courtesy of Table A-16 in the monthly Current Population Survey of households. At present, multiple jobholders account for just 5.0 percent of civilian employment. The survey captures data for […]
Many Gaming Related Companies Are On Sale
I have written enough about Wynn Resorts (WYNN) in recent years that much more in the way of commentary is likely unnecessary. Investors are once again getting a unique buying opportunity with the shares down a stunning 30 percent on very little news: Even if they wind up selling their under-construction Boston property prior to opening, the […]
US Consumer Credit Hits All-Time High As Credit Card Usage Stalls
Two months after a near record surge in consumer credit driven by a spike in credit card debt, the US consumer went into a period hibernation to start the summer, when total consumer credit rose by just $8.5 billion in June, with revolving, or credit card debt posting only its second contraction since 2013. Then […]
Profit Gun At Musk’s Head: $9 Billion In TSLA Bonds Due Through 2025
The share price on Tesla rose a bit today, as did 2025 Bonds, but bond and profit worries remain. Tesla share prices bounced a bit today but red lights are still flashing about Tesla’s ability to pay back a monstrous pile of debt. So Forget the Stock, Watch the Bonds. $1.8 billion of Tesla bonds due […]
Stocks Going Ex Dividend In September 2018
The following is a short list of some of the many stocks going ex dividend during the next month. Many traders and investors use the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the strategy of buying stocks before the ex dividend date and selling the stock shortly […]
My Bullish Watch-List For The Week At Hand
Swing-Trades are lacking some momentum of late. I hate seeing the market up, and having sectors like Telecom, Real Estate and Staples leading the way. The good thing though, is that Industrials is the strongest sector today, and I took it upon myself to add a name from that sector. Below, I’ve put together my […]
