Author Archive: Jeremy Parkinson
Auto Sales Hit The Brakes In 2017: ETFs & Stocks In Focus
The seven-year sales growth streak for the auto industry hit the brakes in 2017 as it suffered its first annual sales decline since the financial crisis. Though sales dropped 1.8% from the last year to 17.2 million vehicles, 2017 still marks the fourth-best sales year in U.S. history. This is because this is the first […]
2018 Outlook – US Markets, Treasuries, Geopolitical Hotspots And Inflation
Al Caicedo, President of CKS Summit Group joins me today to share his outlook for 2018. In this segment we get Al’s outlook for US markets, US treasuries, potential geopolitical hotspots, and if inflation is going to significantly rise. (Audio length 00:10:27)
Italian Election–Two Months And Counting
Germany does not have a government, though the election was more than three months ago. Spain, Portugal, and Ireland have minority government. Austria is the first government since the financial crisis to include the populist right. The EU is trying to press Visegrad group of central European countries to conform to the values of Western European […]
Stock Charts For Thursday, Jan 4
The technical analysis of the stock charts remains bullish across the board for stocks. Video Length: 00:09:14
Crypto Traders The Tax Man Cometh For You
Bitcoin is a public ledger, meaning the IRS has unfettered access to every transaction you ever made. Video Length: 00:09:11
A Perspective On Secular Bull And Bear Markets – Thursday, Jan. 4
Was the March 2009 low the end of a secular bear market and the beginning of a secular bull? At this point, almost nine years later, the S&P 500 has set a series of inflation-adjusted record highs based on monthly averages of daily closes. Let’s examine the past to broaden our understanding of the range […]
USD/CAD Bears To Face NFP / Canada Employment
USD/CAD Weekly Chart Technical Outlook: In last month’s USD/CAD Weekly Technical Perspective we noted that, “50% retracement of the 2017 range- note that this level converges on the downslope resistance and has continued to govern the highs since late-October. Heading into the close of the year the focus is on a break of the 1.2575-1.2927 range to offer guidance (downside […]
Macy’s Announces 5,000 Job Cuts, Closure Of 7 More Stores; Stock Tumbles
The Amazon juggernaut continues to crush brick and mortar retailers. On Thursday morning, former retail giant Macy’s, announced that was preparing to fire 5,000 job cuts, including closure of seven previously unidentified stores and other cuts at remaining locations, as it seeks stability in a tumultuous climate for “physical retail.” The retailer’s cost reductions come […]
ADP And Jobless Claims Show A Tightening Job Market
The jobless claims report released this morning shows a labor market that is supportive of continued growth. Combined with a much better than expected 250,000 increase in private payrolls in the ADP report, the claims data give us every reason to be optimistic about tomorrows jobs report. The seasonally-adjusted 250,000 figure for people filing an […]
