Author Archive: Jeremy Parkinson
How Many U.S. Dollar Bills Are There In Circulation?
How Many U.S. Dollar Bills Are There in Circulation? When you think about it, the journey of each individual currency note is pretty incredible. After being printed or minted, each bill is then passed between people and businesses to facilitate transactions. If it’s a $1 or $5 bill, it changes hands on average about 110 […]
Is Cable Topping Out?
Cable spiked to fresh post Brexit highs in early London trade today, but the rally lost its legs after UK Labor data missed its mark. UK Claimant count expanded to 11.6K from 5K eyed while average earnings came in at 2.8% versus 3.0% forecast showing that wage growth remains tepid. The ILO unemployment rate however […]
Biotechs Stalled And Get No Help From Monday’s Market Moves
Biotechs Stalled Despite Healthcare Rally Merck Gains on New Keytruda Data-More Clinical Trials Underway to Expand Uses Healthcare and Nasdaq stocks caught bids on Monday with the XLV up 0.79%, but biotechs were in the red (IBB) down 0.68 %. Drug distributors and drugstores rallied on news that Amazon(AMZNAmazon( to sell drugs to hospitals and other businesses. CVS Health (CVS) […]
The Mood Swing Away From Stocks Was Inevitable
I think we have a new short-term uptrend. New 52-week highs have perked up to the point where a market uptrend can find its footing. Bullish. The major indexes have started to tick higher while above their 50-day moving averages. Bullish. Here are some of the interesting ETFs hitting new highs today… Defense, Small Cap […]
Stock Up But Yield Curve Flattening
With US markets having another good day it is curious to see the yield curve continue to flatten. Chris Temple joins me to outline the fact that these markets are very confusing with many unknowns now is not the time to take on unnecessary risk. (Audio length 00:13:53)
5 Best Low-Risk Funds To Buy After U.S. Strike On Syria
Following a chemical attack in Douma near the Syrian capital Damascus that claimed around 60 lives, Trump conducted military strikes in Syria, with support from France’s president Emmanuel Macron and Britain’s prime minister Theresa May. After the attack, Russia warned the United States of retaliatory actions. In this context, mutual funds that are capable of […]
Trouble Brewing In The “SCANNZ Economies”
You’ve probably heard of the “BRIC Economies” – the kings of the new paradigm in emerging markets, and no doubt are sick of hearing about the “PIIGS Economies” – the Eurozone crisis culprits, but have you heard of the “SCANNZ Economies”? This grouping of: Sweden, Canada, Australia, Norway, and New Zealand, on first glance seems […]
Yield Curve Flattens & GDP Estimate Falls To 1.9%
Stocks Rally On Monday Investors were dismayed on Friday because 3 of the top banks beat earnings estimates, but stocks still fell. Then the Syrian airstrikes were announced which made some, such as myself, think stocks would fall again on Monday. However, stocks were able to rebound as the S&P 500 was up 0.81%. This led the S&P 500 […]
“Go With The Flow” – Trader Warns “The Market’s Not Ready To Be Properly Understood Yet”
One glimpse at the pumps and dumps in Small Caps over the last few weeks and it is clear that volatility is back. But as former fund manager Richard Breslow notes, for all the much anticipated fun of having volatility back, it has proven to be a really tricky time to trade. It isn’t that this […]
Global Economy Is Slowing
The U.S. economy is entering its 4th economic slowdown of this expansion, which has been relatively weak. To be clear, the economy isn’t close to having two quarters of negative real GDP growth which is the baseline definition of a recession. Four slowdowns in one expansion is an unusually high number. The reason for this is because […]
