EIA Data Sends Natural Gas Lower Yet Again Thursday
Apr 05, 2018
Jeremy Parkinson
Finance
It was another EIA Thursday for natural gas, and yet again the print missed expectations in a bearish manner and sent prices decently lower on the day. Yet the print wasn’t as straightforward as the last couple. The EIA reported a net implied flow of -20 bcf last week, which indicates that 20 bcf of […]
Frontrun The Pershing Square Liquidation: Here Are Ackman’s Top Positions
Apr 05, 2018
Jeremy Parkinson
Finance
As we reported earlier, it appears that after 4 years of losses, Bill Ackman’s investors finally lost patience with the flamboyant activist and as the WSJ noted overnight, “most investors” are rushing for the exits, with Bloomberg adding that about two-thirds of the capital that investors could withdraw from Pershing Square Capital Management’s private funds […]
Will A NAFTA Deal Be Struck (In Principle) Next Week?
Apr 05, 2018
Jeremy Parkinson
Finance
Whiplashed? Last weekend, President Trump threatened again to walk away from NAFTA. Within 48 hours, reports suggest he wanted an agreement at next week’s Summit of the Americas (April 13-14 in Peru). The art of the deal is getting to the deal. After 15 months in office, some political commentators suggest Trump is feeling more […]
Stocks And Precious Metals Charts – Non-Farm Payrolls Tomorrow – La Douleur Du Monde
Apr 05, 2018
Jeremy Parkinson
Finance
Stocks managed to rise today for the third straight day, although on light volumes. The new economic advisor Larry Kudlow helped the equity markets by bullishly announcing that the Trump tariffs are just ‘proposals,’ and that the US is not interested in a trade war.They merely want to engage China in meaningful negotiations about trade. […]
Still More Bears Than Bulls
Apr 05, 2018
Jeremy Parkinson
Finance
The weekly AAII bullish and bearish readings are meant to track individual investor sentiment towards the stock market. While bullish sentiment remained low for nearly all of 2017 (as the S&P 500 went up and up and up), it spiked up to the high 50s just as the market was peaking in January. The first 10%+ correction […]
Buying Facebook Stock After Cambridge Analytica
Apr 05, 2018
Jeremy Parkinson
Finance
Depending on your time horizon, you can have some really different perspectives on Facebook (FB) stock and its performance. The social network is down by nearly 20% from its historical highs on February 5, so returns look quite dismal in the short term. However, in spite of this sharp pullback over the past several weeks, […]
General Motors (GM) And Las Vegas Sands (LVS): Growth & Income Stocks
Apr 05, 2018
Jeremy Parkinson
Finance
Video Length: 00:05:16 Over the past week the financial news cycle has been dominated by the expanding tariff war between the U.S. and China, and technology data privacy issues. But while those two items have been getting most of the headlines, there have been some very positive reports regarding both General Motors (GM – Free Report) , and Las Vegas […]
S&P Levels To Watch, And GLD On Deck
Apr 05, 2018
Jeremy Parkinson
Finance
Stocks continue the rally off the 200-day MA today. A major battle between bulls and bears is pending at this key level, and the winner will tell us what kind of market we are moving into. Also, watch this video now for a trading opportunity on gold… Video Length: 00:16:34
Dow Triumphs Amid China’s Tariff Retaliation
Apr 05, 2018
Jeremy Parkinson
Finance
The Dow Jones Industrial Average showed resilience after it made a major turnaround on close of trading on Wednesday following a disastrous morning performance. Analysts had expected the markets to drop drastically after China hit back on the US with a 25% tariff on 106 products. The trade war started last month when the Trump […]