Author Archive: Jeremy Parkinson
Volatility Is Back
IF IT WORKED IN 2017, ITS NOT WORKING NOW The most profitable trades of 2017 are suddenly not working. Managers who made a killing selling volatility over the past five years woke up to the harsh reality that no strategy works forever, and that selling volatility in a late-cycle economy can be a recipe for […]
February 2018 Manufacturing New Orders Improved
US Census says manufacturing new orders improved. Our analysis shows the rolling averages declined. Analyst Opinion of Census Manufacturing Sales According to the seasonally adjusted data, it was aircraft which accounted for much of the increase. The data in this series is noisy so I would rely on the unadjusted 3 month rolling averages which […]
Elliott Wave View: Copper Starts A New Leg Higher
Short-Term Elliott Wave view in Copper suggests that the decline to 2.938 on 3.26.2018 ended Minor wave IV. The metal started a new leg higher from there in Minor wave V. Subdivision of Minor wave V is unfolding as an impulse Elliott Wave structure. An Impulse Elliott Wave structure is a 5 waves structure where wave […]
The New Cold War Could Speed Up The Ongoing U.S. Dollar Collapse
iStock/Rrraum The New Cold War Will Increase Military Spending and Debt, Causing a U.S. Dollar Collapse To understand the renewed “cold war” between the United States and its allies with Russia, look no further than the possibility–or the probability–of a U.S. dollar collapse. The U.S. dollar remains the world’s dominant currency. Countries–even those that don’t […]
MSA Safety – No Investor Protection
MSA develops, manufactures and supplies products that are intended to protect users from hazardous or life-threatening atmospheric situations. Their products are used by workers in the oil and gas, fire service, mining and construction industries, as well as the military. Listed industry peers include Sperian Protection, Abatix Corporation, and Lakeland Industries. I get it, I’m […]
WTI/RBOB Rebound After Big Surprise Crude Draw
WTI/RBOB tumbled after China’s trade war retaliation, erasing gains on OPEC’s lowest output in a year, but rebounded after DOE reported a bigger-than-API-reported and surprising 4.6mm barrel crude draw – the most in 3 months. Prices jumped despite a new record high in US crude production. Crude -4.617mm (+2mm exp, -3.28mm API) – biggest draw in 3 […]
Tech Sell-Off Continues: Here’s Why Value Is Eating FB’s And AMZN’s Lunch
The tech sell-off was renewed this morning during the pre-market trading hours, as Facebook Inc. (Nasdaq: FB), Amazon.com, Inc. (Nasdaq: AMZN), Apple Inc. (Nasdaq: AAPL), Netflix, Inc. (Nasdaq: NFLX), Alphabet Inc (Nasdaq: GOOGL) and other favorites plunged in a reversal of the glimmer of light that touched the sector on Tuesday. Most analysts have been […]
As Market Slides, Crypto Hedge Funds Go Down With It
Crypto’s flagship, Bitcoin, has been slowly sinking this year, bring the rest of the market with it, and rather than go down with them, cryptocurrency hedge funds are jumping ship. Since the beginning of the year, 9 such hedge funds have ceased operations completely, Bloomberg reports. Many of these were created during last year’s market boom, […]
Why The “Sound Money” Components Of Popular Economic Freedom Indexes Should Be Used With Caution
Institutions matter. Economists of the classical period knew that well. In recent years, economists have increasingly included institutional variables in their empirical work. The economic freedom indexes from the Fraser Institute and the Heritage Foundation have been among the most widely used institutional indicators. The purpose of an economic freedom index, Heritage Foundation, is to “document the positive relationship between […]
Gold Price Intraday Average Pricing For March
During March the price of gold in dollars has been bottoming a little after the London PM Fix. That would be around 11 AM EDT. My laptop has fallen down on the job. Consequently I am using my old trading platform while it is being revived, hopefully tomorrow. Therefore there *might* not be an update […]
