Author Archive: Jeremy Parkinson
S&P 500 Snapshot: Down 2% From Last Week, 1.5% YTD
The S&P 500 seemingly climbed back up this week, but closed 2% lower than last Friday. The index is down 1.5% YTD and is 7.5% below its record close. The U.S. Treasury puts the closing yield on the 10-year note at 2.82%. Here is a daily chart of the S&P 500. Today’s selling puts the […]
GBP: Heavyweight UK Data Will Steer Sterling Next Week
Talking Points: Trade weighted Sterling at post-Brexit high. Will UK real wages turn positive? 70% probability of 0.25% UK rate hike in May FUNDAMENTAL FORECAST FOR GBP: NEUTRAL Sterling bulls have enjoyed a positive week with GBP making gains against most other currency pairs. Despite a lack of any hard data, EURGBP trades at levels last seen in […]
Cash Strength And Nuke Outages Rally Nat Gas
May natural gas prices continued their rally today, settling up just less than 2% following a slightly tighter than expected print yesterday and continued cash strength today. Yet again we saw the front of the strip lead the way higher, with spreads tightening gradually along it. Cash prices have continued to help drag up the […]
Friday The 13th Major Sector Winners & Losers: Energy & Financials May Hold The Key
With an input value of 1 day, the rate-of-change indicator shows which of the following 9 Major Sectors gained/lost the most in today’s action (2-month and 1-year daily charts below). In this regard and in particular, watch for any continued strength in XLE (Energy) and any continued weakness in XLF (Financials) next week and beyond, which may equate to equity weakness, in general. The monthly […]
40 Largest Companies Reporting Earnings Next Week
Below is a snapshot of the 40 largest companies set to report earnings next week. For each stock, we show its current consensus EPS and revenue estimate, and we also show each stock’s historical EPS and revenue beat rate. On Monday morning, Bank of America (BAC), Charles Schwab (SCHW), and M&T Bank (MTB) kick things […]
Bitcoin Mining: Risks And Rewards For Entrepreneurs
Blockchain technology is already starting to have a major impact on the business world, creating entirely new industries. Bitcoin mining is quite possibly the most interesting and profitable of these new opportunities. Whether you’re an entrepreneur on a budget or have a large supply of capital to spend on a mining operation, here are some important […]
We’ve Already Almost Tripled All Of 2017’s Volatility. Why?
Video Length: 00:04:02 U.S.-China trade tensions, potential Syria strike keep investors on edge Volatility continued to rattle markets the week of April 9, Eibel said—but broadly speaking, major indexes were trading higher than the previous week, with the S&P 500® Index up roughly 2% as of mid-morning on April 13. “There are still plenty of […]
Will The Next Recession Make This Worse?
Even though the economic expansion has been going on for 9 years, we’re still discussing the economic problems millennials are facing. The biggest reason for this is because student loan debt doesn’t go away with improvements in the economy. It’s disconcerting to see millennials doing poorly in an economic expansion because they will be hurt even more […]
