Author Archive: Jeremy Parkinson
Sensex Plunges 500 Points; Metal & Energy Stocks Continue To Fall
Indian share markets continued to witness further selling pressure in the afternoon session with financial and energy stocks taking the brunt as fears of a trade war due to the imposition of US tariffs preyed on global markets. At the closing bell, the BSE Sensex closed lower by 509 points and the NSE Nifty finished lower by 165 points. The S&P BSE Mid Cap finished down […]
Apollo Global Seeks Sovereigns
The Financial Services sector includes twenty industries ranging from Asset Management to 8 kinds of Banks, Credit, Exchanges, 6 kinds of Insurances, Savings, and all such financial concerns. Today I’m reviewing an alternative-asset management company. It’s a large-cap stock, Apollo Global Asset Management LLC It’s trading ticker symbol is APO. Apollo Global Management LLC invests […]
Improved Earnings Growth Expectations Broadly Reduce PEG Ratios
Before passage of The Tax Cuts and Jobs Act in December, earnings growth for the S&P 500 was expected to be low double digits in calendar year 2018. Since passage of tax reform, a significant improvement in earnings growth expectations has occurred. The below table shows I/B/E/S earnings growth expectations in October by sector and […]
‘Trust Busting’ Time Back On Deck
In the late 1800’s and early 1900’s the US government and court system found the political courage under the leadership of President Theodore Roosevelt to break up ‘bad trusts’ which were defined as companies that had become so big and controlling as to operate contrary to the public interest for consumer choice, free competition, the […]
EUR/USD Breaks Support Trend Line And Expands Wave 2 Correction
EUR/USD 4 hour The EUR/USD broke below the support trend line (dotted blue) which makes a larger bearish correction more likely. The correction is probably part of a larger wave 2 (purple) correction, as long as price stays above the 100% Fibonacci level. A bullish break above resistance (red) could start waves 5. 1 hour […]
Predicting Crypto Market Movements
Traditional Markets It’s not often that we lead this section of the update with Japan but it is the world’s third-largest economy and they’re going through a bit of a rough patch which could potentially lead to some market movements that are worth highlighting. Prime Minister Shinzo Abe is having a bad month right now. […]
How Much Should You Expect Your House To Appreciate?
You just bought a house. If you’re like most Americans, it will soon become the largest component of your net worth, and only increase as a percentage over time. Naturally, you would like to see it go up. But by how much? Predicting future home prices is a difficult a game, made complicated by the myriad […]
Gold Stuck In $16 Trading Range
Gold prices fell $8.47 an ounce on Thursday, weighed down by a rise in the U.S. dollar after a report showed that the number of Americans filing for unemployment benefits dropped last week. Gold extended its losses and tested the support at $1314 as expected after prices pierced below the $1321.80-$1320 area. A stronger U.S. […]
Bank Of Canada Holds Interest Rates Steady
The Bank of Canada held its monetary policy meeting last Wednesday. As widely expected, the central bank of Canada holds interest rates steady at 1.25%. The central bank cited uncertainty related to trade factors as one of the reasons for keeping interest rates unchanged. Reiterating the statement from January which was largely unchanged, the central bank said […]
Why I Like Foreign Small Cap ETFs
Photo Credit: amanda tipton || It may not be foreign, and not an ETF, but it IS a small cap ====================== This should be a short post. When I like a foreign market because it seems cheap (blood running in the streets), I sometimes buy a small cap ETF or closed-end fund rather than […]
