Author Archive: Jeremy Parkinson
PayPal Tumbles As Amazon Muscles Into Digital Payments
Amazon is breaking out the classic Jeff Bezos playbook as it seeks to steal some more market share and claw business away from PayPal and credit-card issuing banks while establishing itself as master of the “single button” digital-payment solution of the future. Case in point: Bloomberg reports that the e-commerce giant is offering retailers who sell products […]
Regression To Trend: Another Look At Long-Term Market Performance – Wednesday, May 2
Quick take: At the end of April the inflation-adjusted S&P 500 index price was 108% above its long-term trend, down from 112% the previous month. About the only certainty in the stock market is that, over the long haul, over performance turns into underperformance and vice versa. Is there a pattern to this movement? Let’s apply […]
EUR/USD Long After Fed Decision
EUR/USD Trading strategy: Long Open: 1.1990 Target: 1.2250 Stop-loss: 1.1915 Recommended size: 2.67 mini lots per $10,000 in your account Short analysis: We see a recovery move after today’s Fed statement, the USD rally may be over. Long opened at 1.1990. GBP/USD Trading strategy: Await signal Open: – Target: – Stop-loss: – Recommended size: – […]
5 Best-Performing Health Care Mutual Funds Of Q1
In the first quarter, among the three major U.S. indexes, both the Dow and the S&P 500 finished in the red. Although healthcare was one such S&P 500 sector that registered declines in the first quarter, it surpassed all the other sectors to witness highest venture capital funding. Such a high level of venture capital […]
The Relative Price Of Housing And Subsequent GDP Growth In The USA
The great recession of 2008-9 followed an extraordinary house price bubble. The sluggish was characterized by a very slow recovery of residential investment. Oddly, the extensive revision of macroeconomic models which implied a very low probability of great recessions has not involved a focus on housing. Instead, it has focused on financial frictions – essentially […]
Q1 Beat Rates Remain Strong
More than 1,000 companies have now reported Q1 2018 earnings, and at this point, earnings and revenue beat rates remain very strong for a second consecutive quarter. (For further clarity, the “beat rate” is the percentage of companies over a given time period that report actual numbers that are stronger than consensus analyst estimates.) So […]
Apple Stock Rallies On Buyback Despite Weak Iphone Sales
Apple Utilizing Cash To Push Stock Up There were a lot of worries about Apple’s iPhone sales headed into this quarter as a few suppliers missed their estimates because of the iPhone. This caused analysts to lower their estimates for iPhone sales heading into this quarter. Overall, Apple reported decent results, but the iPhone shipments […]
Inflation And Corporate Margins
On Monday I was on the TD Ameritrade Network with OJ Renick to talk about the recent inflation data (you can see the clip here), money velocity, the ‘oh darn’ inflation strike, etcetera. But Oliver, as is his wont, asked me a question that I realized I hadn’t previously addressed before in this blog, and that […]
The Faithfullest Of The Old Faithfuls
There’s just nothing else to say – – the Emerging Markets Bond fund just keeps performing……even though the rest of the market seems utterly and completely unable to fall and stay down more than seven or eight seconds.
FOMC Sticks To Script, Dollar Pushed Lower
The US dollar has fallen in the aftermath of the unsurprising FOMC statement. The dollar was sold toward session lows against most of the major currencies. It appeared that expectations a more hawkish statement discouraged position adjustment ahead of the statement. At the same time, there was little in the statement that suggested that a change […]
