Author Archive: Jeremy Parkinson
Should You Celebrate Or ‘Fade’ The Longest Bull Market In History?
The mainstream financial media love to tell you, “Bull markets don’t die of old age”. True enough. Indeed, the current uptrend remains a shining example of cyclical durability and persistence. For many, then, the fact that the stock bull has set an all-time record in length is cause for celebration. 3,453 days and counting. If you […]
The Price Of Mispricing
The FOMC statement for the July-August 2018 policy meeting exceeded expectations once more. It’s difficult for the Committee to continually do this since the whole point of these things is to downplay all expectations. The goal is to make everything seem boring and uninteresting if the Federal Reserve is doing its job. But they are […]
Natural Gas Bets That Strong Heat Next Week Breaks
The September natural gas contract pulled back just less than a percent today as traders bet that very intense across much of the country next week was likely to break in the long-range. Weather was at the front of traders’ minds as the September contract logged by far the largest loss on the day. Even […]
Market Talk – Wednesday, August 22
Record highs achieved in the US session and so expectedly the Asia markets responded. The Nikkei was the leader, but interestingly not from the open! It took a while for sentiment to build, but the weakness of the Yen probably helped massage prices to close up +0.64%. The talk for this and the rest of […]
Sector Watch: Bulls Are Heating Up
Sectors as a whole support the market’s move to new all-time highs. Outside of Energy and Materials, the sectors as a whole have shown some solid trend-lines and a willingness to push higher going forward. Overall the market looks to be on solid footing, and even technology is starting to get interesting again, and worth […]
Fed Minutes: Concerns Of “Consequential Downside Risk” Of Tariffs, Asset Values
The 12-page minutes of the FOMC Aug 1 meeting discuss jobs, inflation, tariffs, GDP, and the overall economic outlook. Inquiring minds are slogging through Minutes of the Federal Open Market Committee July 31–August 1, 2018, released today. The report is mostly a rah-rah about jobs, GDP and inflation with some downside and upside risks noted. Emphasis […]
Stocks And Precious Metals Charts – All The King’s Men
“At a late stage, speculation tends to detach itself from really valuable objects and turn to delusive ones.A larger and larger group of people seeks to become rich without a real understanding of the processes involved. Not surprisingly, swindlers and catchpenny schemes flourish”. Robert Z. Aliber and Charles P. Kindleberger, Manias, Panics and Crashes “Excess supply […]
Auto Parts Makers Battered After Peer Continental Warns On Profit
Shares of auto parts manufacturers are lower after peer Continental (CTTAY ) reduced its fiscal 2018 sales and margin views. LOWERS GUIDANCE: Earlier Wednesday, Continental revised its guidance for FY18 due to lower sales expectations, cost increases, and warranty claims. The revised sales guidance for FY18, including all expected negative exchange-rate effects, amounts to about […]
Tandem Diabetes Care – Chart Of The Day
The Barchart Chart of the Day belongs to the medical instrument stock Tandem Diabetes Care (TNDM). Tandem Diabetes Care, Inc. is a medical device company. The Company designs, develops and commercializes products for people with insulin-dependent diabetes. Its products include t:slim Insulin Delivery System. Tandem Diabetes Care, Inc. is headquartered in San Diego, California. Barchart technical indicators: 96% technical buy signals […]
