Author Archive: Jeremy Parkinson
Hot Options Report For End Of Day – Tuesday, Jan 16
Top tickers for end of day: AAPL, BAC, BABA, KODK, FB.
New Indicator: Underlying Inflation Gauge
Economists at the NY Federal Reserve Bank introduced a new measure of trend inflation in September 2017, the Underlying Inflation Gauge (UIG), meant to complement the current standard measures. Investors and policymakers alike have an interest in the behavior of inflation over longer time periods. The trend component of inflation is not an observed measure and a […]
How To Make Huge Gains In Natural Resources
Sipping cocktails with a group of celebrities, CEOs and fund managers, I learned about a looming metal shortage. On a posh pool deck outside a swanky hotel in Las Vegas in 2016, I bumped into an old friend. He is a star in the mining world. He always seems to be in the right place, […]
Everything Was Going Great Until…
Everything was going great on Tuesday right up until the cash open on Wall Street. A fleeting move higher after the opening bell seemed to suggest U.S. equities were all set to explode to the upside after an exuberant overnight session in Asia, but alas, it was not to be. In fact, it was all […]
Bitcoin As A “Rational Bubble”
In a famous paper of 1979 Oliver Blanchard and follow up paper in (1982) pointed out the concept of a rational bubble and I believe that it has direct applicability to Bitcoin. In a “Rational Bubble” something gets overvalued but because it gets overvalued then needs to rise at an increasing rate to compensate holders for an […]
Stocks And Precious Metals Charts – Tuesday, Jan. 16
Stocks went on a tear this morning, with new highs being reached. However, prices started falling back, in the face of some rather large bets being placed with a weighting to the short side. Gold and silver managed to take another shot at overhead resistance.They gave up the gains for the most part to finish […]
First Significant Pause In YM
Today’s price action in the YM (e-mini future for the Dow Jones) looks to be closing with a shooting star candle on very high volume, and is suggesting the impressive, and at times breathless rally of the past 6 months may be coming to a significant pause point. But whether today’s move lower is […]
NY Fed Study Shows Household Spending Projections Continue To Slide
Every month, the New York Fed conducts a household survey of consumer expectations. Let’s investigate the data. The New York Fed Center for Microeconomic Data released its Survey of Consumer Expectations for December 2017. The consumer survey is a one-year look ahead study of consumer expectations about inflation, home prices, jobs, and spending. Here are some […]
ETFs & Stocks To Buy On Falling Dollar
After recording its worst annual decline of 10% in 14 years, the U.S. dollar continues its rough patch this year. This is especially true as the ICE dollar index tumbled to the lowest level against the basket of major currencies since January 2015. As such, PowerShares DB US Dollar Bullish Fund (UUP – Free Report) ,tracking the dollar […]
Bitcoin Suffers From Its Own Power Usage And From Real Power – 3 Examples
The price of bitcoin, the leading digital currency, is falling. While bitcoin is not alone, and Ripple is plunging at a faster pace, BTC remains the poster child of cryptocurrencies and it gets special attention. Power usage by bitcoin miners has been an issue for a long time. While in Quebec, the province has spare […]
