Author Archive: Jeremy Parkinson
3 Funds To Buy As Energy Shares Rebound
Energy shares have lately fallen out of favor. In fact, the broader energy sector declined in the first quarter of 2018 with the Energy Select Sector SPDR (XLE) down 9.5% over the last three months. However, oil prices stayed above $60 a barrel for most of Q1. Fresh concerns about possible supply bottlenecks pushed up […]
Jobs +103,000, Well Under Lowest Estimate
The BLS reports March jobs as +103,000 with the unemployment rate at 4.1%. Revisions were negative. Revisions The change in total nonfarm payroll employment for January was revised down from +239,000 to +176,000, and the change for February was revised up from +313,000 to +326,000. With these revisions, employment gains in January and February combined […]
Soros Fund Gears Up To Trade Cryptocurrencies
Soros Gets Skin in the Game Hungarian-American billionaire investor George Soros is marching to the beat of a new drummer. At the World Economic Forum in Davos, Switzerland this January, he argued that cryptocurrencies’ volatility would keep them from functioning as legitimate tender. Among other comments, he called the market a bubble and said that […]
While Most Dividend Growth Stocks Remain Too Expensive – Here Are 50 That Are Not! Part 1
Introduction The Great Recession of 2008 – which ended in the spring of 2009 – brought on one of the greatest and longest bull markets in modern history. For true value-oriented dividend growth investors, the recession created a virtual cornucopia of excellent dividend growth stock investment opportunities that existed until the end of August 2013. […]
E Elliott Wave Analysis: Powerful Reversal Pattern On USDCAD; More Upside In View
USD/CAD is making an overlapping decline within higher degree wave c of 4, so we are wondering if price is unfolding an Elliott wave ending diagonal. If so then current Fibonacci support region of 61.8 can react as a turning point and push its price higher, and also if current structure is an ending diagonal, […]
Be Prudent…or At Least Cautious
There have been many times in my long career when some things were “certain.” In 1999 and 2000 people were certain tech and internet stocks would rise with no end, as if trees grow to the sky. In recent years there were times when investors were certain interest rates would rise and not by a […]
ECRI Weekly Leading Index Update – April 6
This morning’s release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 148.0, down 1.6 from the previous week and its first decline in fourteen weeks. Year-over-year the four-week moving average of the indicator is now at 3.12%, down from 3.32% last week. The WLI Growth indicator is now at […]
How To Think About European Equities Amid Currency Volatility
One of the most interesting (and surprising) results of 2017 was the magnitude of the strength of the euro against the U.S. dollar. The greater than 14% appreciation that was observed represented the best performance of any of the G10 currencies against the U.S. dollar during that period.1 So, as we enter the end of the first […]
E Rocky Mountain Dealerships Inc. Outfits Farms And Feedlots
This week my Safari portfolio seeks a high yield and growing stock in the Industrials sector. That sector has twenty-three industries all busy designing, fabricating and servicing things we want and use, from aerospace to waste management and all the business services and equipment required in between. I review here an industrial distribution firm. It’s a […]
Non-Farm Payrolls Only 103K, Wages +0.3% – USD Slides
The US economy gained fewer jobs than estimated: only 103K in March 2018. The unemployment rate remained unchanged at 4.1%. However, wages are up 0.3%, better than had been expected. Year over year, salaries are up 2.7%, up from 2.6% but exactly as projected. The US dollar initially dropped on the news but is recovering […]
