Author Archive: Jeremy Parkinson
Stocks And Precious Metals Charts – The Rulers Of The Darkness Of This World – Riders On The Storm
What is going on with Turkey? Personally, I think that Erdogan is being ‘put in his place’. But that’s just my opinion and I could be wrong. I was out most of the day taking the Ohio contingent of visitors around seeing the sights. Gold and silver were spanked today, out of proportion to the […]
3 Reasons Stocks Are Straining To Get Over The Hump
The S&P 500 – a broad market barometer for U.S. stocks – last hit a record high six-and-a-half months ago. Why has the stock market failed to close above its previous peak set back on January 29? The short answer is that not everyone is buying the media-hyped “Goldilocks” scenario. Granted, the country is enjoying […]
Record Low Returns In Turkey
If you’re like us, the constant talk about Turkey is getting about as tedious as the days after Thanksgiving when you are about to have your third or fourth sandwich of the weekend and you’re still up to your eyeballs in leftovers. At the risk of beating a dead horse, though, we found it noteworthy that […]
AUD/USD Forecast: Bearish Behavior To Persist As Summer Range Snaps
AUSTRALIAN DOLLAR TALKING POINTS AUD/USD slips to a fresh yearly-low even as the Reserve Bank of Australia (RBA) starts to change its tune, and the exchange rate now stands at risk of exhibiting a more bearish behavior over the days ahead as it snaps the range-bound price action from the start of the summer months. AUD/USD […]
5 Vital Factors That Drive The Real Estate Market
You know the old saying that real estate prices are local. What is happening in one area of the country has no impact on another area and so forth. While overall this idea rings true, there are some exceptions to the saying. In fact, there are some common factors that drive the real estate market, […]
Netflix Slips As CFO Steps Down, Analyst Cuts Target
Shares of Netflix (NFLX) are under pressure after the streaming service company announced that its CFO David Wells is stepping down. Commenting on Wells’ departure, KeyBanc analyst Andy Hargreaves told investors he expects “minimal disruption” since Netflix’s financial strategy is now well established. Meanwhile, Imperial Capital analyst David Miller cut his price target on the […]
CBO Cuts 2018 GDP Outlook, Sees Fewer Fed Rate Hikes
Four months after the CBO surprised US economy watchers by releasing an especially strong outlook for 2018 US GDP, which it said would hit 3.3%, on Monday afternoon in its latest projections, the CBO unexpectedly trimmed its 2018 real GDP forecast to 3.1% citing concerns over rising trade war coupled with higher inflation. The Congressional Budget […]
6 ETFs In Focus As Turkey Crisis Worsens
As it is global stocks are feeling the pinch of escalating trade tensions between the United States and China, and now the collapse in Turkish lira has amplified the concerns. This is especially true as Turkish lira is in a free-fall territory, nosediving as much as 11% against the dollar in early trading today after […]
Give Us A Break!
Quite a day so far! As I am typing this, the SPY is down 1/10th of a percent, the QQQ is up about 3/10th of a percent, but my all-short portfolio is up 1.4%. I’ve got a variety of energy shorts, and I am watching this trendline with great interest to see if it breaks: […]
Household Income And Spending Projections Vs Current And Projected CPI
Every month the Fed does a survey of consumer expectations. Let’s compare the CPI to what consumers say they will do. Inquiring minds are diving into the New York Fed Survey of Consumer Expectations report for August. Median inflation expectations at both the one- and three-year horizons were unchanged at 3.0 percent for the third straight month. […]
