Yield Chasing Can Ruin Your Retirement
Aug 12, 2018
Jeremy Parkinson
Finance, No picture
Older and wiser investors know better than to engage in price chasing, but they still sometimes fall into the much more subtle trap of yield chasing without realizing what is happening. Attempting to get an extra percent in interest or dividends is surprisingly dangerous. It turns out that yield chasing can ruin your retirement. The […]
3 Funds To Gain From Strength In Japan’s Wage Growth
Aug 12, 2018
Jeremy Parkinson
Finance, No picture
Japan’s labor ministry stated on Aug 6 that inflation-adjusted real wages in the country increased 2.8% to its highest level since January 1997. Such a rise can be attributed to steady increase in regular monthly pay as well as summer bonuses. Historically, such events boost consumer spending and thus the GDP. Finally, expectations that Japan’s […]
This Week’s Peek Into The Future
Aug 12, 2018
Jeremy Parkinson
Finance
Following futures positions of non-commercials are as of August 7, 2018. 10-year note: Currently net short 586.3k, down 3.8k. The 10-year Treasury yield (2.86 percent) continues to work on a potentially bearish head-and-shoulders formation. On August 1, it hit 3.02 percent intraday before getting repelled at the daily upper Bollinger band. Staying above three percent has […]
There Is No Recession In Sight
Aug 12, 2018
Jeremy Parkinson
Finance
Strong Jobless Claims The jobless claims report was strong again as claims fell from 219,000 to 213,000. Quite frankly, if you asked economists 3 years ago if such a report was possible, most would have said “no”. This cycle has seen record lows in the ratio between the labor force and the jobless claims. The […]
Best Stock Charts | Musings Of A Very Concerned Contrarian Trader
Aug 12, 2018
Jeremy Parkinson
Finance, No picture
Video length: 00:25:30 In this week’s Best Stock Charts we discuss the looming storm on the horizon which is the rising US Dollar, Interest Payments on US Treasuries and geo political flash points (such as in Turkey) which threaten to destabilize the markets. We also discuss the possible pull back in the US stock market […]
Trump And The Art Of The No Deal
Aug 12, 2018
Jeremy Parkinson
Finance, No picture
Video length: 00:02:49 Transcript: Donald Trump promised to be America’s dealmaker-in-chief, touting his “extraordinary” ability to negotiate. But so far, Trump has shown he can’t make a deal. Here’s the list of biggest no-deals: 1. No deal with North Korea. Following his summit with Kim Jong Un, Trump declared on Twitter that “there is […]
Winning Stock Picks From The Top 5 Industries With The Biggest Job Growth
Aug 12, 2018
Jeremy Parkinson
Finance, No picture
Every week the government and other entities release economic reports that cover all areas of the economy – from retail sales to housing, to international trade to consumer sentiment. In fact, on virtually any given day there could be anywhere from one to a handful of reports. And while the financial media does cover them, […]
Infographic: What Does Google Know About You?
Aug 12, 2018
Jeremy Parkinson
Finance
Data is what fuels the information economy. And while there are many varieties of data clogging up the internet’s bandwidth, there is one specific type of data that is known to be particularly lucrative: personal data. Like many other enterprising tech giants, Google (GOOG, GOOGL) must accumulate massive amounts of personal data to monetize its […]
It Was Time To Control Greed
Aug 12, 2018
Jeremy Parkinson
Finance, No picture
Video length: 00:13:29 In this weekend video, I am going to show you why I decided to take profits on a stock market position.
ICE Makes A Big Move Into Crypto
Aug 11, 2018
Jeremy Parkinson
Finance, No picture
The Intercontinental Exchange (ICE), which owns and operates the New York Stock Exchange and more than a dozen markets and exchanges worldwide, officially announced its new cryptocurrency business last Friday. It’s called Bakkt, and the new platform will allow investors to buy, trade and store cryptocurrency on a federally regulated market. Bakkt will focus on […]