Author Archive: Jeremy Parkinson
EOS Leads Top 20 Cryptocurrencies With An 11% Gain
Today we’re looking at EOS, a cryptocurrency which one of my favorite late night show hosts, John Oliver, criticized recently on investment fraud. EOS is the token for a platform called eos.ios. The journey of EOS started in mid-2017 by Dan Larimer, founder, and creator of Bitshares and Steem. The system intends to support more […]
E Gold Is Carving Out A Bullish Pattern!
Featured is the weekly gold chart. The pattern is a ‘cup with handle’. The supporting indicators are positive, as are the moving averages. A breakout at the blue arrow will be very bullish and will attract a lot of investment capital.
ETFs And Stocks To Fly High On Record Spring Travel
Encouraged by an expanding economy, employment gains, higher consumer confidence, surging household net worth, and persistently low fares, a higher number of Americans are planning to fly to their favorite spring destination. This is especially true as the report from the U.S. airlines group, Airlines for America (A4A), shows that air travel is expected to […]
Who Needs Wall Street When You Can Have A Monetary Unicorn?
The single most important price in all of capitalism is the interest rate—-and at all points on the maturity curve. And the single most important truth about honest interest rates is that they must be discovered by markets, not imposed by the state. We got to ruminating about those core propositions when we read that San Francisco Fed head, John Williams, […]
Dynamic Duos, Debt Deflation, Laughable Steel Ideas
Let’s explore the “Dynamic Duo” effect of Trump plus the Fed starting with an absurd thesis about steel. The Trump administration and EU officials complain about the “overproduction” of steel. A 2016 Economist article goes one step further. The Economist attempts to explain Why the world has too much steel. Think about the silliness of that […]
Keep It Simple – Key To Trading Profits
In today’s day and age of high speed computers, lightning fast financial information and data overload, diving into the world of trading and self-directed investing can be a frightening challenge for a newcomer to say the least. Add on top of that deciding which strategy to use and it’s no wonder why so many traders […]
“The Younger I Get, The More Jaded I Become”
Tuesday’s Consumer Confidence report for the month of March showed a moderately larger than expected decline from February’s multi-year high. While economists were forecasting the headline index to rise to 131.0 from last month’s initially reported reading of 130.8, the actual reading came in a little more three points weaker at 127.7.While the index declined, […]
I Bet You Miss The Market’s Over-Confident Rooster
Ahh-the good ‘ole days… When everyone loved Facebook; Google was all the rage, and every dip was a buy opportunity. Those were the Year of the Fire Rooster days. In 2017, when we learned that each male rooster requires 10-12 hens per day, we thought that was awesome. Now, we have a Brown Earth Dog. And he’s […]
Tech Indices Finally Succumb To Large Cap Selling
The Media blamed Facebook for today’s woes but really the damage was done in January when Large Cap indices sold off and today was the turn of profit takers to take a shot at those high flying Tech Indices. Markets still are a long way from the oversold conditions of February 2016, November 2011 and […]
