Author Archive: Jeremy Parkinson
S&P 500 And Nasdaq 100 Forecast – Friday, August 31
S&P 500 The S&P 500 fell during trading on Thursday, as traders collected profit. It does look as if the 2900 level is going to offer support though, so I think buying on the dips will probably continue to be the way most traders approach this market. The market participants continue to see value in […]
Which Emerging Markets Will Run Out Of Money First: Here Is The Answer
For years, in fact for the duration of the US dollar’s use as a global carry currency, Emerging Markets – especially those with a currency peg – were a welcome destination for yield-starved US investors who found an easy source of yield differential pick up. All that came to a crashing halt first after the […]
E Canada Experienced A Job Surge In July, But It Was All Part-Time
“Today’s job report is a classic case of “nice headlines, shame about the details”. While we would still give the overall result a passing grade, it’s tough to get overly enthusiastic given 1) the highly suspect spike in education jobs, 2) the weakness in manufacturing, 3) the concentration of the gains in Ontario, and 4) […]
The Future Of Crypto, Big Money Movements, And Rule Based Trading
Video Length: 00:47:09 Here we take a look at the future of Cryptocurrencies, their use cases and longevity. Then, we discuss how the investing public is taught to look at finances, ways to capitalize on professional money managers’ movements, and using rule based systems.
The Bitcoin Train
A few weeks ago on CNBC, an analyst compared the bitcoin bubble to the early internet bubble. What?! We’ve been saying that since late December 2017, when bitcoin was just starting to crash. And oh, did it crash. It dropped 37% in just two weeks from December 16 through the 30th. After a brief bounce – there […]
The Bullion Market
Bullion is any precious metal that is in the form of bars or ingots. It is usually used for trade in a market and comes from the original French word “bouillon” which means boiling. This was the term used to describe the activity of a melting metal. Each Bullion varies when it comes to its […]
Buybacks: Why They Don’t Matter, Why They Do, And Why You Should Care Yet Still Relax
U.S. Companies bought back $217 Billion of their $1.3bn in overseas cash in the first quarter helping fuel a record $189 billion in stock buybacks. More are expected throughout the year. Even Warren Buffett is getting deeper into the game. Has this demand pushed up stock prices, perhaps for the benefit of management over long-term shareholders who […]
The Anticipation For The 2011 Inflation Case
The PCE Deflator rose 2.31% year-over-year in July 2018, according to the Bureau of Economic Analysis. That makes five in a row for Jay Powell to try to make his case. Prior to March, the central bank had missed its target for the PCE Deflator in 68 out of 70 months using the 2012 dollar […]
“Fallen Angel” Alert: Is Ford’s Downgrade The “Spark” That Crashes The Bond Market
Back in November, still smarting from a year he would rather forget, Russell Clark and his Horseman Capital, i.e. the “world’s most bearish hedge fund” unveiled what he would short next: according to Clark, the next major source of alpha would be shorting fallen angel bonds or those investment-grade companies in danger of being downgraded to junk. Citing […]
Natural Gas Shakes Off A Slightly Larger Storage Injection
The October natural gas contract took over as prompt today, moving up a bit more than a cent on hotter forecasts even as EIA data missed slightly to the bearish side. Prices initially shot lower when the EIA announced that 70 bcf of gas was injected into storage last week, compared to our estimate of […]
