Author Archive: Jeremy Parkinson
Yesterday’s Rally Broke Above The Recent Highs
SPX Monitoring purposes; Sold SPX on 11/17/17 at 2578.85 = gain of .55%; long 11/15/17 at 2564.62 Monitoring purposes GOLD: Short GDX on 11/13/17 at 22.56 Long Term Trend monitor purposes: Neutral. The bottom window is the three day average of the Equity Put/Call ratio. Readings near .58 and lower usually stalled the market short-term. […]
Quick Market Thoughts Before Thanksgiving
The AAA is projecting that almost 90 percent of travelers, or 45.5 million, are planning a Thanksgiving road trip (self-driving – as in driving ourselves), up 3.2 percent from last year. Please be careful and have a wonderful holiday weekend. When Robert Muller III (who is in the news quite often in his new role), […]
Good Fishing: Retail Apparel
Retail. Is. Alive. Those who read me, know how bullish I have been the past few months in the Retail space – not just on oversold retail Apparel, Big Box and Automotive plays but extremely oversold apparel accessory plays: LB, ANF, URBN, GES, GPS, AEO. Most recently I even initiated swing longs in M and JWN, […]
Dollar Dives To 6-Week Lows As Fed Fears Market ‘Partying Like It’s 1999’
1999-like parties are breaking out everywhere across financial markets… Video length: 00:03:45 First things first, US Financials Conditions are partying like its way easier than 1999… The Philly Semiconductor index is partying like its 1999… But what happens next? Meltup time? S&P 500 Valuations are partying like its 1999… The spread between German and US bond […]
Stocks Mixed In Subdued Action Ahead Of Thanksgiving
U.S. stocks were mostly lower, though the Nasdaq was able to tick higher with volume subdued ahead of the Thanksgiving break. In equity action, a flood of mixed earnings reports were highlighted by Deere & Co, while in economic news, a drop in durable goods orders was met with upward revisions to the prior month’s […]
Thanksgiving Travel To Be Highest In 12 Years: 5 Picks
More Americans will hit the roads or take to the skies this Thanksgiving weekend, a number that would surpass the levels of the past 12 years. Traveling by car, train or plane is in the cards, courtesy of an uptick in personal income and steady wage growth. Upbeat consumer confidence and a healthier economy are […]
Market Talk – Wednesday, November 22
Another solid day for Asia with many talking that the key takeaway was the Hang Seng clearing the 30k mark, the first time in 10 years. It even managed a close above this psychological level adding another 0.6% to the 36% already achieved this year. The Nikkei also added 0.5% an impressive performance given that […]
Recent Investment November 2017
It has been a while since my last investment but as I said a couple of days ago I will do one more investment in 2017. I purchased 45 units of the following ETF iShares Dow Jones Asia Pacific Select Dividend 30 UCITS. The ETF shows an index composed of 30 stocks with leading dividend yields […]
The Best Long-Term Indicator You Never Looked At
Investors devote countless hours searching for stock market indicators. They analyze earnings, dividends, momentum and esoteric theories looking for the ultimate tool. They rarely consider demographics, but that’s one of the most important long-term indicators. Demographic data is a detailed look at a population. It breaks a large group into small units. Advertisers use demographic data […]
