Author Archive: Jeremy Parkinson
Are We Really Still Calling For A Stock Market Crash?
We’ve probably all had that one friend that thinks everything is a conspiracy. The world is out to get us and theirs nothing we can do about it? Right? I definitely have friends like that. But those situations I guess you could say are tolerable. There’s nothing to be lost by something thinking chemtrails exist. […]
Sensex Trades Volatile; IT Stocks Top Gainers
After opening the day in green, share markets in India witnessed choppy trading activity throughout the day and are presently trading flat with a positive bias. Sectoral indices are trading mixed with stocks in the IT sector and stocks in the capital goods sector trading in green. While stocks in the realty sector are trading in red. The BSE Sensex is up by 30 points […]
Downside Risks In Banks Could Shift Investors’ Focus
The benefits of a rising rate environment, tax overhaul and an expected ease in regulation have helped U.S. banks gain significantly over the past six months, but there are some downside risks that could shift investors’ focus from the industry. Primarily, the muted earnings growth that the industry has been witnessing for the last few […]
5 Doctors Charged For Fentanyl Kickbacks; Is Insys At Risk?
The opioid crisis has dominated the national news cycle for several months. According to the Centers for Disease Control and Prevention opioid overdoses spiked 30% from July 2016 to September 2017. Some experts believe the crisis could have been caused by the proliferation of opioid prescriptions. Last week five doctors were indicted for accepting kickbacks […]
AUDUSD Daily Analysis – Tuesday, March 20
AUDUSD remains in the downtrend from 0.7916. Further decline could be expected in a couple of days and next target would be at 0.7600 area. Near-term resistance is at 0.7745, only a breakout of this level could indicate that consolidation for the downtrend is underway, then further rally to 0.7770 area could be seen.
Banks Are Finally Raising Deposit Rates 2 Years After First Fed Hike
For more than a year now, big banks have been shafting their customers by refusing to raise interest rates on deposits and products like CDs – opting instead to use the added income to pad their bottom lines after nearly a decade of rock-bottom rates. This has been great for shareholders, who will indirectly reap the benefits […]
Chart: Some GDP Nowcasts
GDP growth in Q1 has been lower in the past years, few consistent with residual seasonality. Figure 1: Real GDP growth, actual (bold black), forecast of NY Fed Nowcast 3/16 (green), Atlanta Fed GDPNow 3/16 (red), Goldman-Sachs 3/19 (red), Macroeconomic Advisers 3/16 (blue), Merrill Lynch 3/19 (blue), q/q SAAR. Source: CR, Macro Advisers, Goldman-Sachs.
Cyclical Companies Are 29% Of The Thai Market
The Thai market is heavy in Materials and Energy, the sectors account for 29% of the total market cap India, China, and Indonesia are heavier in these two sectors relative to Asia ex Japan as well Hong Kong, Philippines, and Singapore have low weight
Did Corn Just Pop Its Last Kernels?
Just a week and a half ago I was pointing to a promising breakout for Teucrium Corn ETF (CORN). That move turned out to be the top of that rally. After a promising breakout, Teucrium Corn (CORN) plunged back through its 200DMA. Can the now uptrending 50DMA hold as support? Source: FreeStockCharts.com I am still holding my core […]
QTUM Jumps 42% After Binance Adds Its BNB And USDT Crosses
Cryptocurrencies made a comeback on Monday, but the clear winner was QTum, which saw a 42.39% gain by the end of the day, as calculated by CoinMarketCap. Qtum is the 18th largest cryptocurrency by market cap, priced at $17.79 at the time of writing. One of the key drivers of its gains on Monday could […]
