Author Archive: Jeremy Parkinson
Natural Gas Plunges On Weather Worries, Production Growth
The U.S. Energy Department’s weekly inventory release showed a larger-than-expected increase in natural gas supplies. Bearish weather predictions and strength in the commodity’s production also pressured the fuel’s price, which lost around 4.8% for the week. About the Weekly Natural Gas Storage Report The Weekly Natural Gas Storage Report – brought out by the Energy […]
Goldman’s Bull/Bear Indicator Hits 49-Year High: Here’s The Whole Story On That
Ok, so Goldman’s “Bull/Bear Market Risk Indicator” is sitting at its highest level since 1969, and because that sounds scary and also some semblance of authoritative, I guess it means I’ve got to feature it. MarketWatch got ahold of the note that contains the latest update and analysis around this indicator and they ran a feature […]
Amazon In Its $1 Trillion Market Cap
Of the five FAANG stocks, Amazon.com (AMZN) made positive headlines last week as its market cap briefly breached the trillion level intraday Tuesday before pulling back. Since the stock didn’t finish the day with a market cap above that level, it wasn’t official, but for a brief moment, the two AAs of FAANG were both members […]
August 2018 Conference Board Employment Index Strong Improvement
The Conference Board’s Employment Trends Index – which forecasts employment for the next 6 months improved with the author’s saying “This supports our projections for strong economic growth in the coming year, suggesting that demand for labor is likely to remain strong“. Analyst Opinion of Conference Board’s Employment Index Econintersect evaluates the year-over-year change of this […]
The Opportunities Ahead For Energy Plays
Josef Schachter, Founder of The Schachter Energy Report joins me today to share his outlook on the overall energy sector. We follow up on our prior call where Josef said we would see the overall sector pullback after the summer driving season. He backs up these comments with updated data on inventories investors positioning. We […]
2 Year Yield Hits 2.7% For The First Time This Cycle
2 Year Yield – Treasury Yields Soar In the 2 Year Yield, The treasury market reacted to the jobs report which I will review later in this article. The 10-year yield increased 7 basis points to 2.94%. The 2-year yield increased 7 basis points to 2.7% which is the highest yield this cycle. The curve stayed […]
This Self-Made Billionaire Reminds Americans That Only Capitalism Creates Wealth
“Capitalism works” is how Ken Langone, billionaire co-founder of Home Depot, opens his new book, I Love Capitalism!: An American Story. “Let me say it again: It works! And—I’m living proof—it can work for anybody and everybody…. Show me where the silver spoon was in my mouth. I’ve got to argue profoundly and passionately: […]
Alibaba Slides As Chairman Jack Ma Announces Retirement Plan
Shares of Alibaba (BABA) are under pressure this morning after chairman Jack Ma announced he will step down in September 2019, with CEO Daniel Zhang taking over as chairman of the board. Commenting on the news, Jefferies analyst Karen Chan told investors that the 12-month timeframe of Ma’s succession plan should enable a smooth transition […]
5 Dividend ETFs Worth Buying Now
After peaking at the end of last month, the S&P 500 and the Nasdaq Composite Index logged in the fourth straight day of decline last week with the latter registering the worst start to September since 2008. The sluggish trading was driven by a steep sell-off in the tech sector and Trump’s new tariff threat. […]
Emerging Markets In Bear Market Territory
Things have been so bad for emerging market equities of late that the MSCI Emerging Market index has now declined over 20% from its January high on both an intraday and closing basis. That officially puts the index in bear market territory. What’s particularly noteworthy about the current bear market for EM is that even […]
