Author Archive: Jeremy Parkinson
Home Price Surge Continues In January
With today’s release of the January S&P/Case-Shiller Home Price Index, we learned that seasonally adjusted home prices for the benchmark 20-city index were up 0.75% month over month. The seasonally adjusted national index year-over-year change has hovered between 4.2% and 6.3% for the last two-plus years. Today’s S&P/Case-Shiller National Home Price Index (nominal) reached another […]
Triangle Diplomacy
Facebook has completed a well-formed right triangle pattern. My view is that it’s ultimately going to tag its trendline, about $40 lower than we’re at today.
Stock Option Greeks Simplified
A discussion about the stock option greeks and simplification for the retail trader. Video Length: 00:04:24
Big Question Mark For Facebook: Profit Margins (Not Advertiser Behavior Or User Engagement)
There has been a lot of commentary in recent days about how user engagement will change, if at all, in the wake of Facebook’s user data privacy hiccups, as well as how advertisers will react and whether they will shift dollars to other social media platforms. I actually do not think either one of those […]
Investing In The Next Generation, Literally
For years, I’ve been both vexed and amazed by my kids. My exasperation and admiration often arise from the same source—technology. Simply put, they command it and I’m bedeviled by it. They are consummate millennials and move easily through the electronic environment, picking up gizmos and practices that save them time and trouble while they […]
US Stocks Give Up Overnight Gains As Trade War Anxiety Reappears
The Dow and S&P have erased overnight gains (and Nasdaq is sliding fast) as traders sell the cash open following headlines from Wilbur Ross and China’s Global Times that suggest the trade war is far from over… Treasury yields are tumbling… And the dollar index is rapidly fading after spiking since Asia’s close.
DAX Elliott Wave Analysis: Further Weakness Ahead?
Short term Elliott Wave view in DAX suggests Primary wave ((B)) ended at 12434.7 on 3.16.2018. The decline from there is unfolding as a 5 waves impulse Elliott Wave structure. Down from 12434.7, Minor wave 1 ended at 12160, Minor wave 2 ended at 12375.5, Minor wave 3 ended at 11827, Minor wave 4 ended at 11987.50, and […]
EUR/USD, GBP/USD To Support As The USD Stages Late-Quarter Rally
STOCKS COME BACK, S&P 500 BOUNCE DRIVES GLOBAL RALLY As we open Tuesday of our holiday-shortened week, markets have shown some interesting volatility as we approach the end of Q1. As we mentioned yesterday, with this being a holiday week in observance of Good Friday combined with both month and quarter-end flows, the prospect of ‘peculiar’ […]
Consumer Confidence Declines In March
The latest Conference Board Consumer Confidence Index was released this morning based on data collected through March 15. The headline number of 127.7 was a decrease from the final reading of 130.0 for February, a downward revision from 130.8. Today’s number was below the Investing.com consensus of 131.0. Here is an excerpt from the Conference Board press release. “Consumer confidence […]
Bull Of The Day: MSCI
Founded in 1998 and headquartered in New York, MSCI (MSCI – Free Report) provides decision support tools, including indexes, portfolio risk and performance analytics, and corporate governance products and services to institutional investors. Their applications and solutions help investors in core investment activities, including allocating assets, constructing and optimizing portfolios and understanding and managing investment risk and […]
