Author Archive: Jeremy Parkinson
Syria Strike Could Trigger Wider Conflict: 4 Defense Picks
On Friday night, President Trump revealed that he had authorized U.S. armed forces to conduct precision military strikes on Syria. The attacks, conducted in unison with France and Britain, was a reprisal for the chemical attack ordered by the Assad regime on the rebel-held town of Duma on Apr 7. On Apr 14, Trump declared […]
Retail Sales Growth Improve In March 2018 – But Is A Weak Bounce
Retail sales were up according to US Census headline data. The unadjusted rolling averages rate of growth also improved. Analyst Opinion of Retail Sales Even though there is seen a significant improvement – it was a weak bounce back from the previous month’s solf reports. Things to consider when viewing this data: it is not […]
Global Silver Scrap Supply Falls To 26-Year Low
Global silver scrap supply fell to its lowest level in 26 years. World silver recycling in 2017 dropped by nearly 50% since its peak in 2011. According to the 2018 World Silver Survey, global silver scrap supply declined to 138 million oz (Moz) compared to 261 Moz in 2011. While the lower silver price is […]
The Far Reaches Of US Soft Power
The Russian ruble, Turkish lira, and Iranian rial are all falling in value. What do they have in common? The United States is in some way involved in their decline. It’s a sign of US power: Even as its military becomes more limited and it threatens to pull back from the Middle East and other […]
3 Stocks To Buy Ahead Of Earnings
Stocks opened higher on Monday as investors seem to think the U.S.-led air strikes on Syria won’t lead to a much larger conflict. The strikes also coincided with the real start of first-quarter earnings season, which investors should use as a way to fight off the volatility that has plagued markets recently. Earnings season kicked into gear […]
NAHB Housing Market Index: “Builder Confidence Slips A Point, Remains In Solid Territory”
The National Association of Home Builders (NAHB) Housing Market Index (HMI) is a gauge of builder opinion on the relative level of current and future single-family home sales. It is a diffusion index, which means that a reading above 50 indicates a favorable outlook on home sales; below 50 indicates a negative outlook. The latest […]
The Acronym Of 2008 Is Sounding Another Alarm
LIBOR, or the London Interbank Offered Rate, was the most important acronym most investors never heard of before 2008. However, it quickly became the most critical variable in markets leading up to the Great Recession. What has now become clear is that we haven’t learned any lessons from the financial crisis except how to accumulate […]
Cracked Diamond
Hmmm. Things are looking less sanguine in bear-land. Although the SPY gap is still firmly intact, and has plenty of cushion left: The Dow Industrials DIA has broken its descending trendline and exceeded its gap. Worrisome!
Comments On The S&P And USD
(Audio length 00:10:49) Doc joins me today to shares his thoughts on the US markets and the USD. With daily volatility but no major breakouts in either direction, there are some levels we expect before the next bigger move. For the USD it continues to look weak but trade in a tighter range. Sounds like […]
Trump Halts Plan For More Russia Sanctions; Russian Stocks, Ruble Jump
What would’ve been the second round of economic sanctions levied at Moscow since the poisoning of former Russian spy Sergei Skripal has been walked back by the White House, which apparently has put its latest round of sanction plans “in a holding pattern” following a coordinated missile strike in Syria late Friday. The sanctions were […]
