Author Archive: Jeremy Parkinson
E Stock Of The Week: Blackrock Inc.
A review of BlackRock Inc., which is one of the world’s largest publicly traded investment management firms. Video Length: 00:07:19
The Change And The Strange Continues In The Markets
Ch-ch-ch-ch-changes(Turn and face the strange)Ch-ch-changesDon’t want to be a richer manCh-ch-ch-ch-changes(Turn and face the strange)Ch-ch-changesJust gonna have to be a different manTime may change meBut I can’t trace time – Changes (David Bowie) As the late, great David Bowie sang to us, the change and strange continued this past week, including in the equity markets. […]
Trade Wars: Monetary Distortions Of Consumers And Producers
The monetary distortions, imbalances and perverse incentives are finally bearing fruit: trade wars. What ignites trade wars? The oft-cited sources include unfair trade practices and big trade deficits. But since these have been in place for decades, they don’t explain why trade wars are igniting now. To truly understand why trade wars are igniting and […]
Political Uncertainty Is A Reminder To Avoid “Home Bias”
Stable laws and competitive markets throughout much of the world go a long way toward providing investors confidence in their ability to size-up potential returns and risks, at least over a longer-term horizon. The biggest threats to this investment framework are political instability (with global war the most extreme example), a pandemic (think The Black […]
Two Potential Scenarios For Bitcoin
As shown on the daily chart below, Bitcoin has recently broken above several types of resistance, namely a downtrending Andrew’s Pitchfork channel, and two downtrend lines. There are two potential scenarios for Bitcoin relative to the pitchfork channel: price spikes up to its 200% Fibonacci outer edge, which is currently around the 10000 level, or price drops back down to its 100% Fib channel […]
Most Active Equity Options And Strikes For Midday – Friday, April 13
Top tickers for midday: VIX, QQQ, SPY.
JOLTS Recap: Manufacturing Quits Explode
Today’s Job Opening and Labor Turnover Survey from the Bureau of Labor Statistics showed little change to the broad labor market picture. As shown in the charts below, the quit rate is very stable at round 2.2%. That rate is slightly higher for the private sector at 2.4% but as with the broad quit rate, […]
EC The VIX And The S&P 500 – An Equity Market Duet
Most market participants have accepted that 2018 is unlikely to be another low-volatility year like 2017, but how do we translate the rising volatility into our market forecast? Some Wall Street bulls such as RBC’s Lori Calvasina have revised their year-end forecasts down recently.* Are those revisions because of the higher VIX? First, given that […]
China’s Exports Are Interesting, But It’s Their Imports Where Reflation Lives Or Dies
Last month Chinese trade statistics left us with several key questions. Export growth was a clear outlier, with outbound trade rising nearly 45% year-over-year in February 2018. There were the usual Golden Week distortions to consider, made more disruptive by the timing of it this year as different from last year. And then we have […]
Citigroup (C) Beats On Q1 Earnings As Revenues Improve
Have you been eager to see how Citigroup (C – Free Report) performed in Q1 in comparison with the market expectations? Let’s quickly scan through the key facts from this New York-based money center bank’s earnings release this morning: An Earnings Beat Citigroup came out with earnings per share of $1.68, surpassing the Zacks Consensus Estimate of $1.61. Further, […]
