Author Archive: Jeremy Parkinson
Gold Prices Choppy After Payrolls
The U.S. economy added only 148,000 jobs in December. Gold prices reacted in a choppy way, confusing some analysts. Why? December Payrolls Disappoint Total nonfarm payroll employment increased only 148,000 in December, the slowest pace in three months. The employment gains were generally widespread, but the biggest employers were construction (+30,000), leisure and hospitality (+29,000), education and […]
The Commodity Boom Of 2018
2018 will be the year the commodity bull gets running… When a man makes his play in a commodity market he must not permit himself set opinions. He must have an open mind and flexibility. It is not wise to disregard the message of the tape, no matter what your opinion of crop conditions or […]
Is The BOJ Tapering?
The Federal Reserve is gradually raising rates and allowing the balance sheet to shrink by not fully reinvesting the maturing proceeds. The ECB will purchase half as many bonds in the first nine months of 2018 as it did in the last nine months of 2017. While some observers are talking about a rate hike […]
Under Armour Falls After Analyst Downgrade Cites Weakening Brand
Shares of Under Armour (UA, UAA) are falling after a Susquehanna analyst downgraded the stock to Negative citing the company’s weakening brand. Given “poor” brand distribution decisions, the analyst said Under Armour risks are becoming more like Reebok than Nike (NKE). SUSQUEHANNA NEGATIVE: Susquehanna analyst Sam Poser downgraded Under Armour to Negative from Neutral. In […]
JOLTS: Job Openings Drop To Lowest In Six Month As Hiring, Quitting Slows
After a burst of record high job openings which started in June but declined in October, today’s November JOLTS report- Janet Yellen’s favorite labor market indicator – showed another modest drop in job openings across most categories as the year wound down, with the total number declining from a downward revised 5.925MM to 5.8793MM, well […]
BitBrain Levels
Since last night’s USD/JPY drop didn’t amount to a hill of beans (quite the opposite – -ES and NQ are both green now, naturally), let’s turn our attention to the one space that typically has interesting action; cryptos. Specifically, Bitcoin. As we all know, two big exchanges launched Bitcoin futures last month, one December 10 and 17. […]
Dividend Income December 2017
Each month I will publish my dividend income. I will mainly do this for staying self motivated and to give you the readers the chance to follow my journey from the beginning on. The dividend income in the first couple of years will be on a very low level but investing in dividend stocks is […]
Faster Economy, Strong But Slowing Stock Market In 2018
Impressive Economic Acceleration Our theme for 2018 is for an even stronger economy accompanied by slowing stock market growth as compared to 2017. Much of the slow recovery since 2009 has been on the backs of the consumer without the normal contribution of Investment Spending and Exports. The new expansion cycle we entered in 2016 appears to have sparked […]
Technology Still Leading The Way
My Swing Trading Approach Right now, the risk-reward on trade setups are unfavorable when taking in the overall state of the market. At this point, I am looking to ride my current positions higher, while raising the stops. Indicators VIX – Extremely low at 9.22, and likely to see a bounce at some point this week. […]
