Author Archive: Jeremy Parkinson
Use This Simple Strategy To Beat The Market In 2018
“You said it was good,” my 8-year-old son said as he walked off. He had just recorded a few sentences for a casting call. He is no actor, but my wife wants to give him the opportunity and see if someone likes his unique personality. We do these recordings every now and then and submit them. I […]
Wells Reported The Worst Mortgage Number In Years
When we reported Wells Fargo’s Q3 earnings back in October, we drew readers’ attention to one specific line of business, the one we dubbed the bank’s “bread and butter“, namely mortgage lending, and which as we then reported was “the biggest alarm” because “as a result of rising rates, Wells’ residential mortgage applications and pipelines both […]
One Big, Potential Catalyst For Gold In 2018
The rebound in the precious metals sector continues. Friday, Gold pushed to another new high, near $1340/oz. Gold stocks led by the HUI Gold Bugs Index and GDX also made a new high with juniors and Silver right behind. The greatest traders say the move comes first and then the reason later. When it comes […]
4 Technology Stocks Poised To Trump On Earnings In Q4
Technology stocks had a prolific run in 2017, courtesy of the rapid adoption of cloud-based platforms, increasing demand for Artificial Intelligence (AI) tools and significant progress in developing advanced driver assisted system (ADAS) solutions. Moreover, Augmented/Virtual (AR/VR) reality devices became part of the mainstream technology market driven by significant investments from tech bigwigs — Apple, […]
S&P 500 Snapshot: Index Continues To Climb – Friday, January 12
The S&P 500 continued its climb this week, closing Friday with yet another all-time high. The index was up 0.67% from Thursday and 1.57% from last week. The U.S. Treasury puts the closing yield on the 10-year note at 2.55%. Here is a daily chart of the S&P 500. Today’s selling puts the volume 4% […]
The 10 Companies That Dominate The Global Arms Trade
. The world puts $1.69 trillion towards military expenditures per year, and about $375 billion of that goes towards buying arms specifically. Whether it is guns, tanks, jets, missiles, or ships that are on your shopping list, in the international arms community, there is a supplier for any weapon your country desires. ARMS DEALERS, BY […]
Market Talk – Friday, January 12
We saw a strong response in the Hang Seng index today, taking it to yet another short-term record level. Shanghai also closed positively (+0.2%), but not the +1% performance recorded in the HSI. China’s Trade numbers failed to meet the widely expected 13% releasing at 4.5% which is probably why Shanghai lagged. The Nikkei still […]
Wall Street Warns Of ‘Supply Floodgate’ As Trump’s Tax Bill Balloons Deficit
Do you know what Wall Street did on Friday? Well, let me tell you. They set out to scapegoat Donald Trump for a projected increase in the U.S. deficit, that’s what they did. That’s according to some folks who swear to Christ that everything – everything, I tell you! – is a conspiracy designed to undermine the presidency. […]
Oil Market Update
In the last Oil Market update posted on the 2nd it was pointed out that while oil looked like it had further to run short-term, its COTs, Hedgers positions and sentiment indicators were already at wild extremes suggesting that a top was looming, and now, after targets were hit yesterday, it looks like an intermediate […]
