EUR/USD Long After Fed Decision
May 02, 2018
Jeremy Parkinson
Finance
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
May 02, 2018
Jeremy Parkinson
Finance
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
May 02, 2018
Jeremy Parkinson
Finance
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
May 02, 2018
Jeremy Parkinson
Finance
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
May 02, 2018
Jeremy Parkinson
Finance
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
May 02, 2018
Jeremy Parkinson
Finance
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
May 02, 2018
Jeremy Parkinson
Finance
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
May 02, 2018
Jeremy Parkinson
Finance
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 […]
FOMC: Fed Does Nothing, Says Nothing
May 02, 2018
Jeremy Parkinson
Finance
Ho Hum. The Fed did not hike as roughly 94% expected. Interpretations of the statement are all over the map. Interested parties may wish to bore themselves reading the Fed’s May 2, FOMC Policy Statement Boilerplate Statement “In determining the timing and size of future adjustments to the target range for the federal funds rate, the […]
The Three Largest Cryptocurrencies – Wednesday, May 2
May 02, 2018
Jeremy Parkinson
Finance
With so much focus on bitcoin lately, we’ve added a new weekly update that tracks the three largest cryptocurrencies by market share: bitcoin, Ether, and Ripple. According to Wikipedia, a cryptocurrency is “a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional […]