Author Archive: Jeremy Parkinson
5 Best-Performing Taxable Bond Funds Of Q1
In the first quarter, investors’ interest shifted more toward taxable bond funds than equity funds. As per the January and February Morningstar monthly fund flow report, taxable bond funds continued to hold investors’ fancy among the major category groups. Also, per Investment Company Institute (ICI) and Lipper data, the fund category group attracted high inflows […]
The Other Chart Elon Musk Doesn’t Want You To See
“You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time…” – Abraham Lincoln “There’s a sucker born every minute” – P.T. Barnum Elon Musk’s car-making company burns through cash faster than Floyd Mayweather. But everyone knows that… it’s […]
Playing For All The Marbles
Global Plunge Protection Teams must be ordering take-out food; every night is a long one now. The current stocks/bonds game is for all the marbles, by which I mean the status quo now depends on valuations and interest rates remaining near their current levels for the system to function. If interest rates soar and/or stocks plummet, […]
Is Bitcoin’s Future “Golden”?
I used to spend a great deal of time vetting mining operations. It wasn’t crypto mining, though. This was way before that. I was running a business based in Jakarta and Singapore at the time. I was a popular guy. I must have looked at 90% of the mining proposals floating around Jakarta. My money was particularly […]
AUD/JPY Price Analysis: Is The Correction Over?
The Australian Dollar has rallied nearly 2% against the Japanese Yen since the March lows with the advance taking price into near-term confluence resistance. We’re looking for a reaction at this pivot with a breach above needed to keep the immediate long-bias in play. That said, this inflection point could also prove terminal for the correction off the lows- […]
No Heikin Ashi Candle Reversal Yet On The US Major Indices
As of 1:00 pm ET today (April 4), the daily Heikin Ashi candles on the SPX haven’t flipped to green, yet. Nor have the DJIA, NDX, COMPQ, RUT or OEX HA candles. Nor have the FAANGs HA candles. However, yesterday and today’s HA candles on the 10 YR T-Notes have (so far). Do we have a potential reverse Head & Shoulders formation in the making? If we see a […]
Is FANG Cheap?
After an incredible run higher over the past couple of years and an especially remarkable ramp to kick off 2018, the FANG (Facebook, Amazon, Netflix, and Alphabet, aka Google) stocks have recently come under some selling pressure leaving many investors to wonder whether this presents a unique buying opportunity in the group. While it may be true […]
Markit Services PMI: Strength Remains In March
The March US Services Purchasing Managers’ Index conducted by Markit came in at 54.0 percent, down 1.9 from the final February estimate of 55.9. The Investing.com consensus was for 54.3 percent. Markit’s Services PMI is a diffusion index: A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Here is the opening from the […]
E To Trade Ahead Of Earnings
Trading Strategy According to Goldman Sachs, the first three weeks of April are a popular time for companies to preannounce their results, and given the number of issues investors are looking for clarity on, including the impact from the recently passed tax bill, the prospect of protectionist trade policies and whether management teams are seeing […]
