Weekend Reading: Why We Don’t Talk Anymore
Aug 10, 2018
Jeremy Parkinson
Finance, No picture
I have been doing a daily radio talk show for 18-years. I started out, totally by accident, doing a financial talk show on a business radio station in early 2000 as the “dot.com” crash was underway. It was the genesis of what would eventually become Real Investment Advice.com Then, in 2007, I got picked up by a larger radio […]
Bears Are Coming
Aug 10, 2018
Jeremy Parkinson
Finance
My Swing Trading Approach Be very careful with today’s market. I may add some short exposure today if the market provides me with the opportunity to do so. Otherwise, I will follow my stops on my existing two positions and go from there. Indicators Volatility Index (VIX) – Big rally into the close, to finish 4% […]
Post-CPI Analysis – Friday, August 10
Aug 10, 2018
Jeremy Parkinson
Finance
Below is a summary of my post-CPI tweets: half hour to CPI. Welcome again to the private channel. Tell your friends! Another easy comp (0.143%) versus year ago. August 2017 was +0.222%, Sep was 0.132%, Oct was 0.214%, and Nov was 0.121%. So we still have some easy comps ahead although not easy as they […]
Japan Q2 GDP Grow Faster Than Expected As UK GDP Meets Expectations
Aug 10, 2018
Jeremy Parkinson
Finance
Earlier today, the Japanese statistics office released the preliminary numbers for the second quarter GDP. The numbers showed that the economy rose by an annualized rate of 1.9% in the second quarter. This was higher than the expected 1.4% annualized rate and the Q1 contraction of 0.9%. The growth in the GDP in the quarter […]
Roasted Turkey
Aug 10, 2018
Jeremy Parkinson
Finance
What I know about Turkish politics could probably fill about two sentences (which, I suspect, puts me in the 95th percentile of Americans), but apparently it’s even worse there than here. Allow me to show you how their lira is doing: So that exciting trip you’ve been thinking of taking to Istanbul – go for it! It’ll be dirt […]
TRY As It Might, Turkey Can’t Stop Its Currency From Melting Down
Aug 10, 2018
Jeremy Parkinson
Finance, No picture
The economic situation in Turkey has been a powder keg for months, and it’s finally found a spark. While investors have never truly trusted Turkish President Recep Tayyip Erdogan, he’s shredded his last vestiges of credibility in recent months by appointing his son-in-law as the country’s finance minister and espousing his belief that lower interest rates were needed to fight inflation, […]
Interest Rates Could Be Creating Topping Patterns, Says Joe Friday
Aug 10, 2018
Jeremy Parkinson
Finance
The trend for interest rates over the past couple of years is clearly higher, as yields have risen sharply! The 10-year yield trend over the past 6-years is flat and the same can be said for the 30-year yield over the past 3-years, as each is at the top of respective trading ranges. Joe Friday Just The Facts- Interest rates are […]
Why GOOG Is A $1900 Stock
Aug 10, 2018
Jeremy Parkinson
Finance
Why Google is a $1,900 Stock Everyone uses Google to search the web. More than 90% of all internet searches are taken place over Google and its subsidiaries and there are 3.5 billion searches via Google per day. (Business Insider, 2018)As a result of Google’s frequent use by the consumer, the word “google” was added […]
Offshore Gold Storage: Are You An Owner Or A Creditor? – Part 1
Aug 10, 2018
Jeremy Parkinson
Finance, No picture
Video Length: 00:36:19 This is the first part of a four-part series delving into the critical areas to look for with offshore gold storage to truly secure your wealth with SBTV’s latest guest, Gregor Gregersen. Gregor deconstructs the often opaque inner workings of the gold & silver storage industry and asks bullion owners storing offshore […]
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Forex Analysis Of GBP/USD For Friday, August 10
Aug 10, 2018
Jeremy Parkinson
Finance, No picture
First, we look into the previous day trade and what happened on August 9, 2018, and the GBP/USD pair opened at 1.28817 and went high at 1.29111 and gone to low at 1.28171 and finally closed at 1.28229. The calculated pivot point for the day is 1.28504. The difference between high and low was nearly […]