Hoisington Quarterly Review And Outlook, First Quarter 2018
Apr 18, 2018
Jeremy Parkinson
Finance
Lacy Hunt is in the very top rank of US economists. He would have made an excellent Fed chairman, if you ask me (no one did who mattered); but he goes on holding down the fort, along with partner Van Hoisington, at Hoisington Investment Management in Austin; and so you and I continue to have […]
3 Dividend ETFs With High Inflows In April
Apr 18, 2018
Jeremy Parkinson
Finance
U.S. equity markets are facing widespread volatility, thanks to trade negotiations and recent geopolitical risks owing to the U.S. strike on Syrian chemical facilities. Although the markets shrugged off fears stemming from the Syria attack and proposed sanctions on Russia as the earnings season is underway, the long-term impact of such factors might increase the […]
Another Natural Gas Bounce Fails
Apr 18, 2018
Jeremy Parkinson
Finance
Natural gas prices started strong right out of the gate today, with the May contract rallying to the $2.79 level before reversing and settling just a single tick up on the day. This fit in perfectly with our expectations, as in our Morning Text Message Alert sent to clients early this morning we highlighted that […]
S&P 500 Snapshot: Up 0.5% YTD
Apr 18, 2018
Jeremy Parkinson
Finance
The S&P 500 has continued its bounceback as of Wednesday’s close and is down 0.5% YTD and is 5.7% below its record close. The U.S. Treasury puts the closing yield on the 10-year note at 2.87%. Here is a daily chart of the S&P 500. Today’s selling puts the volume 18% below its 50-day moving […]
Can You Still Name The Vampire Squid?
Apr 18, 2018
Jeremy Parkinson
Finance
What if we told you that just when the Housing Bubble was beginning to unravel over a decade ago and the majority of Wall Street brokerage firms would face insolvency as a result of the all the toxic debt they had on their books, that there was one firm that had the foresight to not […]
Intel Bursts To Lifetime High
Apr 18, 2018
Jeremy Parkinson
Finance
And, FYI, earnings come out on the 26th (next week):
Why The Last One Still Matters (IP Revisions)
Apr 18, 2018
Jeremy Parkinson
Finance
Beginning with its very first issue in May 1915, the Federal Reserve’s Bulletin was the place to find a growing body of statistics on US economic performance. Four years later, monthly data was being put together on the physical volumes of trade. From these, in 1922, the precursor to what we know today as Industrial Production was […]
EURGBP Long Looks Good After British Inflation Data
Apr 18, 2018
Jeremy Parkinson
Finance
EUR/USD Trading strategy: Long Open: 1.2220 Target: 1.2470 Stop-loss: 1.2300 (raised from 1.2140) Recommended size: 2.50 mini lots per $10,000 in your account Short analysis: RSIs are biased up while the daily cloud top and the converging 10, 21 and 55-day SMAs lend support. We remain long for 1.2470, just below March high. GBP/USD […]
Rate Hike Cycle To End In 2020?
Apr 18, 2018
Jeremy Parkinson
Finance
A big question investors are trying to wrap their heads around is why the headlines suddenly matter to equities in 2018. There were geopolitical concerns in 2017, yet stocks were sanguine. This year, negative headlines seem to impact stocks more. There’s no doubt some of the uncertainties could affect stocks in the intermediate term. In […]
A Long Walk Off A Short Pier
Apr 18, 2018
Jeremy Parkinson
Finance
It’s nice to see one of my shorts, Pier One, get clobbered after hours. Here’s a longer-term view. In my estimation, firm support is at $0.