Author Archive: Jeremy Parkinson
Broadcom Third Quarter Earnings
CNBC’s Josh Lipton breaks down Broadcom’s third-quarter earnings, which beat EPS expectations while revenue was in line.
A Closer Look At Today’s ADP Employment Report – Thursday, Sept. 6
In this morning’s ADP employment report we got the August estimate of 163K new nonfarm private employment jobs from ADP, a decrease over July’s 217K. The popular spin on this indicator is as a preview to the monthly jobs report from the Bureau of Labor Statistics. But the ADP report includes a wealth of information that’s worth exploring […]
Stocks And Precious Metals Charts – Stuck In Bat Country – Non-Farm Payrolls Tomorrow
“The downward spiral of dumbness in America is about to hit a new low”. Hunter S. Thompson Stocks showed continued weakness today, as the euphoria that helped to push prices to their recent highs continued to cool, and profits were taken. On some days it seems like the only people that are buying stocks are […]
USD/JPY Tumbles After Trump Hints At Japan Trade War Next
USD/JPY dived after hours (following a day of weakness) after reports from The Wall Street Journal that President Trump told a columnist that he will take his trade fights to Japan next. Yen strengthened as safe haven carry flows reverted home on the Trump headlines… reports from The Wall Street Journal about a phone call he received from […]
Midwest Crop Tour & August Weather Impact Corn & Bean Yields
Market Analysis Approaching the USDA production and supply/demand reports on September 12, the general expectations are the two major crops output might go in slightly different directions. Last month’s Midwest Crop Tour began this trend. The group’s field checks in 3 of the 4 largest states didn’t seem to support the government’s US corn yield […]
Even Mortgage Lenders Are Repeating Their 2006 Mistakes
You’d think the previous decade’s housing bust would still be fresh in the minds of mortgage lenders, if no one else. But apparently not. One of the drivers of that bubble was the emergence of private label mortgage “originators” who, as the name implies, simply created mortgages and then sold them off to securitizes, who […]
Chinese Tech Sector Faces Bond Scare As Tsinghua Unigroup Yields Soar
By Steven Levine Beijing-based semiconductor company Tsinghua Unigroup has witnessed a recent freefall in the price of some of its U.S. dollar-denominated bonds. Several factors appear to have coalesced to conspire against the Chinese chipmaker’s notes, including a more challenging financing landscape due to the rise of the U.S. dollar, as well as amid a looming […]
August 2018 ISM And Markit Services Indices Mixed
The ISM non-manufacturing (aka ISM Services) index continues its growth cycle and improved. Markit PMI Services Index again declined but remains in growth territory. Analyst Opinion of the ISM and Markit Services Survey Both services surveys are in expansion – and their intensity of growth and general trends are different this month. From Nasdaq / […]
Bet On Quality ETFs & Stocks To Fight Volatility
After surging to peak levels at the end of August, the Wall Street is once again caught in a web of woes, including lingering trade uncertainty, ongoing troubles in emerging markets, chances of auto tariffs on other countries, Iran oil sanctions, another budget deadline, and the mid-term election in November. Further, September is historically a […]
