Author Archive: Jeremy Parkinson
Beware The Marginal Buyer, Borrower And Renter
Bubbles always look unstoppable, yet they always burst. When times are good, the impact of the marginal buyer, borrower and renter on the market is often overlooked. By “marginal” I mean buyers, borrowers and renters who have to stretch their finances to the maximum to afford the purchase, loan or rent. In bubble manias, buyers of […]
Sensex Finishes Marginally Higher; Automobile & PSU Stocks Rise
Indian share markets continued to trade well above the dotted line in the afternoon session amid firm international markets. At the closing bell, the BSE Sensex closed higher by 83 points and the NSE Nifty finished higher by 15 points. The S&P BSE Mid Cap finished down by 0.1% while S&P BSE Small Cap finished up by 0.2%. Gains were largely seen in automobile sector and PSU […]
EUR/USD: Rebound From The LB Balance Line Likely
Previous: On Wednesday the 21st of November, trading on the euro/dollar pair closed slightly up (+6 pips). In Europe, the euro dropped against the dollar to 1.1713. By the end of the day, the price had recovered to 1.1752. A decline in US bond yields weakened the dollar across the board, giving euro bulls a boost. […]
What’s The Yield Curve Really Telling Us?
The yield curve is a wonderful predictor of future recessions. In fact, it’s predicted all 7 of the last recessions in the USA. In a general sense, this is a signal that there’s a disconnect between what Central Banks believe and what bond markets believe. Since Central Banks can control short-term rates with precision they […]
EUR/USD Challenges 1.1750 Resistance Of Wedge Pattern
EUR/USD 4 hour EUR/USD is in between key support (green) and resistance (red) trend lines. A break below support indicates that an ABC (orange) pattern is more likely than a 123 (pink) pattern whereas a bullish breakout could be part of the wave 3 (pink). 1 hour The EUR/USD potential breakout above resistance (red) could […]
3 Underfollowed Stocks With Solid Potential
What can be more lucrative than buying a quality stock during a pullback? Buying a stock that the market doesn’t know is quality yet. That’s the idea behind our “Underfollowed Gems” premium screen. On average, an S&P stock is covered by 14 analysts. So if a name is only being followed by six or fewer, it hasn’t […]
The US Dollar Has Slightly Weakened
The majors continue to show a variety of trends. Yesterday, the US dollar fell slightly against the leading currencies. The dollar index (#DX) closed the trading session in the negative zone (-0.12%). The negative dynamics of the US government bonds yield put pressure on the US currency. At the same time, the drop was soft […]
RIP – Value Investing
The term “value investing” is one of those words where the more you think about it the weirder it becomes. What is value after all? It seems anything can be value investing, because value is in the eye of the beholder. Security Analysis author Benjamin Graham made the comment in his book Intelligent Investor that […]
Biggest Bubble Ever? 2017 Recapped In 15 Bullet Points
Yesterday we presented readers with one of the most pessimistic, if not outright apocalyptic, 2018 year previews, courtesy of BofA’s chief investment, Michael Hartnett who warned that in addition to the bursting of the bond bubble in the first half of the year, the stock market could see a 1987-like flash crash, potentially followed by a […]
As Cheap As It Is, Singapore Fails To Draw Interest
Four Pillars of GDP: Export-driven economy Singapore’s GDP has been growing at a slow pace of late, 2.4% over the last four quarters. Exports have been the main contributor to GDP growth, but private consumption has created a headwind against overall growth. Cheap PE, high dividend yield Singapore remains relatively cheap, considering its price-to-earnings (PE) […]
