Author Archive: Jeremy Parkinson
Core Durable Goods Slump In May As Capital Spending Proxy Disappoints
For the first time since June 2016, Durable Goods Orders fell in May for the second month in a row… Core Durable Goods Orders tumbled after surging for 3 straight months… And everyone’s favorite proxy for Capital Spending (Capital Goods New Orders Non-defense, Ex-Aircraft & Parts) fell 0.2% MoM (against expectations of a 0.5% MoM gain) – not a good […]
BTC/USD Forex Signal – Wednesday, June 27
Yesterday’s signals were not triggered, as none of the key levels were ever reached. Today’s BTC/USD Signals Risk 0.75% per trade. Trades may only be entered before 5pm Tokyo time, during the next 24-hour period. Long Trade Long entry after a bullish price action reversal on the H1 time frame following the next touch of $5,777. […]
US Dollar Gains Build As Trump Changes Tactics On Trade
The US Dollar (via the DXY Index) is working on its second day of gains in a row as concerns about a full-blown US-China trade war continue to diminish thanks to a change in tactics by the Trump administration. By choosing to use the Committee on Foreign Investment in the United States (CFIUS) to handle ownership transactions […]
Dividends Contributed Half The Return In Taiwan Since 2000
Video Length: 00:06:25 Dividend yield has consistently contributed to return in Taiwan US$100 invested at year-end 2000 would have grown to US$314 Inflation was $32 of that $214 return or 15% BV growth $43 or 20% Dividends $108 or 50% Dream Factor $31 or 15%
‘People Are Getting Into A Bit Of A Panic Now’: Yuan Dive Spooks Markets As H-Shares Meet The Bear
Ok, so China looks like it’s in some pretty serious trouble. One day after the SHCOMP officially fell into a bear market, H-shares suffered the same fate, falling 2.2% to bring losses since their January 26 highs to 21%. That is a pretty damn remarkable turnaround. If you think back to January, H-shares were a veritable […]
Will We Hold It Wednesday – 24,000, 2,700, 7,000 And 1,650 Edition
Lines in the sand. The above levels for the Dow 30, S&P 500, Nasdaq 100 and Russell 2,000 are lines in the sand that the bulls dare not cross or we will, like China already has, enter bearish correction territory. As I have been saying all month, we’re expecting at least a 10% correction from […]
Oil Imports: Zip 0
The U.S. State Department laid down the gauntlet as the U.S. threatened to slap sanctions on countries and companies that don’t cut oil imports from Iran to “zero” by November 4th. That’s right, zero, zip, nada you name it. There will be no waivers granted at this point and the U.S. is going to issue penalties to those […]
Goldman Sachs: 5 Stocks Perfect For Trade War Volatility
The market is no stranger to volatility so far this year. And this week is no different. The catalyst for the market’s latest bout of selling: Trump’s announcement that he intends to limit Chinese investment in “industrially significant technology.” “Escalating trade tensions and further monetary policy normalization could result in realized volatility remaining meaningfully above last […]
E Keynes And Trump Tariffs
It is important to look at the arguments for tariffs in the Great Depression era of the 1930’s if we are to understand the full danger they bring to the world. In modern times, the basic argument against tariffs is, of course, the complexity of the world we live in. Something labeled made in America […]
Three Stock Sectors That (Should) Survive A Trade War
A trade war with China is imminent and that means a potential end to the 9-year bull market. While there are large ebbs and flows in the market, there will always be winners and losers. Yes, even in bear markets there are winners and hopefully, the following areas will get you thinking about ways to […]
