Author Archive: Jeremy Parkinson
Agriculture Markets Report – Friday, March 16
A review of the day’s trading in the agriculture markets. Video Length: 00:14:41
Looking Ahead To The Fed Rate Hike Next Week
Craig Hemke joins me to look ahead to next week’s Fed meeting and most likely rate hike. 4 of the last 5 times the rate hike has put a bottom in the gold price and resulted in a nice rally. The questions we leave you all with is how many rate hikes so you think […]
Hot Options Report For End Of Day – Friday, March 16
Top tickers for end of day: TWX, MU, AAPL, BABA, FB, BAC, SQ.
Fuel For Bitcoin’s Competitors
Bitcoin grabbed the vast majority of cryptocurrency headlines in 2017. And when bitcoin, the original cryptocurrency, passed the $10,000 mark last year, something seemed to change in the minds of mainstream investors. Suddenly, bitcoin had arrived and deserved attention. CNBC began frequently covering crypto markets. The Wall Street Journal offered surprisingly positive coverage. John McAfee made an […]
Higher Rates Are Now A Headwind For US Stock Market
The Investor’s Intelligence Newsletter Writers Sentiment Survey shows this week’s percentage of bullish advisors close to the 55% threshold. When the percentage gets above this level, the bullish sentiment works against stock prices. (This is an excellent sentiment survey, and has worked really well for me for years.) I don’t think a high percentage of […]
Looking For Ways To Squeeze More Yield Out Of Your Cash Pile? Me Too
Market (SPY) valuations remain elevated by most metrics – trading at levels not seen very often historically – at least judging by its PE and Shiller CAPE ratios. What actually happens going forward (will it keep going up, drop significantly, or go sideways?) is anyone’s guess – but tax reform could be a tailwind that provides some more […]
RingCentral – Chart Of The Day
The Chart of the Day belongs to RingCentral (RNG). I found the business communications software stock by using Barchart to sort today’s New 52 Week High list first by the highest Weighted Alpha, then I used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy in 2/13 the stock gained 19.60%. RingCentral, […]
Job Openings & Labor Turnover: Clues To The Business Cycle – Friday, March 16
The latest JOLTS report (Job Openings and Labor Turnover Summary), with data through January, is now available. The first chart below shows four of the headline components of the overall series, which the BLS began tracking in December 2000. The time frame is quite limited compared to the main BLS data series in the monthly employment report, […]
E Stock Of The Week: The Charles Schwab Corporation
We are at the 50 day moving average and the market must honor this support level. Schwab (Charles) has an increasing rate of earnings growth which is certainly loved by the market. Let’s take a look. Video Length: 00:05:06
GDPNow Forecast Dips Slightly: Baseline 1.8%, Real Final Sales 1.1%
For GDPNow, a strong factory report could not overtake weak housing and trade reports. Divergence with Nowcast widens. The divergence between GDPNow and the New York Fed Nowcast GDP estimates widened to 0.9 percentage points in the past week. GDPNow Latest Forecast: 1.8 Percent — March 16, 2018 The GDPNow model estimate for real GDP growth (seasonally adjusted annual […]
