Author Archive: Jeremy Parkinson
Bullish Setups For The Week Before Us
Trade fears have tapered some, and the US response to the Syria chemical attack has take place, and the market is trading higher today. Honestly, if you had to pick a time for a missile strike, Friday night would have been the most preferable time for the stock market. You avoid that massive knee-jerk reaction […]
GDPNow Forecast Slips Slightly Despite Retail Sales Rebound
Despite a rebound in retail Sales the GDPNow forecast slips to 1.9 percent. Real final sales are 0.9 percent. Those expecting today’s retail sales bounce would drive up GDP estimates thought incorrectly. The GDPNow Forecast dipped slightly today. GDPNow Latest Forecast: 1.9 Percent – April 16, 2018 The GDPNow model estimate for real GDP growth (seasonally adjusted […]
4 Stocks To Buy As Chinese Economy Remains Resilient
The world’s second-largest economy China has been growing by leaps and bounds for the past one year. Further, the Asian Development Bank stated in a report on Apr 11 that China would keep growing more than 6% in 2018 as well as 2019. The recent shift of focus from manufacturing to services has been pivotal […]
Stocks Surge As Yield Curve Crumbles To Fresh 11-Year Flats
Stocks exuberantly rallied on the ‘hype’ that the world is safe again and America’s latest intervention is one-and-done… but bonds ain’t buying it… The curve tested Friday’s highs then crashed back down its flattest levels since Oct 2007… Someone is ‘wrong’ again! As Eric Peters anecdotally summed up over the weekend… “We have this global synchronized […]
GBP/USD Is Returning To Pre-Brexit Levels – Lines To Watch
GBP/USD Current Situation The GBP/USD is trading around $1.4330, very close to the January 25th highs of $1.4345. Beyond this level, we are back to levels last seen before the EU Referendum of June 23rd, 2016, a day of historical significance that sent cable tumbling down from a swing high of $1.5000 to the low […]
Bank Stocks Lead The Market Lower
Stocks Fall On Friday Led By The Financials It’s worth a mention that the Syrian air strikes that were feared by the stock market earlier this week were announced by President Trump on Friday afternoon. This could send stocks down on Monday. Geopolitical events are always difficult to determine as speculation swirls. I think the best approach is to be […]
Retail Sales Bounce, Led By Autos
Following three monthly declines, retail sales rose 0.6 percent in March. Auto sales helped drive a rebound retail sales in March, but the overall rise is moderate. The Wall Street Journal reports Retail Sales Growth Sluggish Despite Higher Employment, Fatter Paychecks. Spending at U.S. retailers bounced back in March, but the broader trend in consumer spending […]
AUDCHF To .7370? – Weekly Chart
U.S. retail sales may have been the most important event risk on today’s calendar but President Trump’s tweet about China and Russia playing the currency devaluation game puts tensions between the world’s 2 largest economies back into central focus. The Australian dollar is highly sensitive to any pressure on China. The Chinese have been […]
The 5 Best Big-Dividend Stocks With Upside
Escaping volatility by sidelining cash pays nothing. Instead, investors can sit in a high-yielding stock with great expectations while the market makes up its mind. A stock screen for 10%+ upside, 5%+ dividend yield, and positive free cash flow returned 13 stocks. Five stocks were selected for further comparison, representing Energy, Telecom, Real Estate, and […]
