Author Archive: Jeremy Parkinson
US Trade Deficit Plunges Most Since The Financial Crisis
What a difference a month makes: just 30 days after the US posted the biggest trade deficit since the financial crisis, when the US trade balance was some $57.6BN against the US, moments ago the BEA reported that the US trade deficit plunged by a whopping $8.7 billion, dropping to $49BN, better than then $50BN expected, and […]
Unilever Indonesia Has Averaged 130% ROE Over The Past Five Years
Background PT Unilever Indonesia Tbk is engaged in the manufacturing, marketing and distribution of consumer goods including soaps, detergents, margarine, dairy-based foods, ice cream, cosmetics, tea, other beverages and fruit juice. It is the market leader in Home and Personal Care contributing 68% of revenues while 32% is from Food and Refreshments. Business Description UNVR […]
BTC/USD Forex Signal – Thursday, May 3
Yesterday’s signals produced a short trade from the break of the bearish engulfing candlestick which rejected the bearish trend line (shown in the price chart below) late in the Asian session. The trade would still be open at present and its outcome uncertain as there is some intraday momentum against the Dollar. Today’s BTC/USD Signals Risk […]
Weekly Unemployment Claims: Up 2K, Better Than Forecast
Here is the opening statement from the Department of Labor: In the week ending April 28, the advance figure for seasonally adjusted initial claims was 211,000, an increase of 2,000 from the previous week’s unrevised level of 209,000. The 4-week moving average was 221,500, a decrease of 7,750 from the previous week’s unrevised average of […]
The West Coast Barrels
The West Coast saw a huge crude oil build, but for traders, the left coast is sometimes the left-out coast. Barrels out west are sometimes erratic and really does not reflect the larger picture when it comes to the larger oil supply and demand picture in terms of the West Texas Intermediate delivery point. So, […]
Trading Gold During Stagflation
The Federal Reserve Statement for May 2018 indicated that stagflation was a concern. While “stagflation” was not referenced by name. Stagflation last seen in the late 1970’s and early 1980’s allowed gold to surge. Gold is the commodity we are looking to build positions in for the long -term. Stocks will not do well in […]
How’s Your Bond Fund Doing?
It’s been a tough year for bonds so far. Of course, a tough year for bonds can be a tough day for stocks. But investors seem equally disturbed by a 2% loss in bonds as by a 10% or more loss in stocks, so it’s worth looking at how bond funds have weathered the most […]
Is A New Bear Market Lurking For The US Stock Market?
A wobbly equity market, expectations for higher interest rates and weaker economic growth in the first quarter have inspired some pundits to claim that bear-market risk for stocks has spiked higher in recent weeks. Perhaps, but there’s still room for debate, based on a review of key indicators. Let’s start with the economy. Last week’s […]
Gold – The End Is Near, Ready For The Opportunity?
The Long-Term trend for Gold is up, as it continues to remain above 17-year support line (1). The 7-year trend for Gold is down, as it continues to trade below falling resistance line (2). These two long-term support/resistance lines look to be forming a multi-year pennant pattern that is “About To End.”Pennant patterns often indicate frustration for both […]
Morning Call For Thursday, May 3
Overnight Markets and News Jun E-mini S&Ps (ESM18 +0.03%) this morning are up +0.21% on signs of strong corporate quarterly earnings results with Kraft Heinz and Tableau Software both up 5% in pre-market trading after they reported better-than-expected Q1 profits. European stocks are down -0.34% on deflation concerns after Eurozone Apr core CPI rose +0.7% […]
