Author Archive: Jeremy Parkinson
Gundlach Vs Gross: Here’s How A Bond Bear Market Starts
As a former bond guy, something Marc Chandler wrote a couple of days ago caught my eye. “For the past two years, the central banks have bought all the new government bonds issued by the G10. This year, they will buy around 40%. The private sector will make up the financing gap.” I think this change in monetary […]
You Don’t See This Very Often
It’s been a rough week for Bitcoin and a lot of other crypto-currencies in the last three days. Bitcoin’s price is down for a third straight day, during which period it has declined over 17%. What’s really amazing about the declines in bitcoin from its high back in mid-December, is that even though it is down […]
EC The 2018 Decline In Precious Metals
The precious metals sector moved higher in the first days of this year, but based on yesterday’s decline and the current price levels, 2018 is already a down year for silver and mining stocks. Gold is almost flat. This is a subtle clue that the rally may have already ran its course. The confirmation comes […]
Best Buy In Great Shape For Higher Prices
Best Buy has had a solid performance since just after Thanksgiving. Note the surge in volume as the stock took a tumble just before that holiday in what seemed a capitulation moment. Since then the stock has been on a tear. The indicators continue to reflect price strength and buyers lining up. The recent morningstar […]
Kodak Is Now Up Over 300% Since Launching KodakCoin
Greater-est fools discovered… Following yesterday’s launch of “KodakCoin” and Eastman Kodak’s explosion higher, ‘investors’ continue to pile their hard-earned gambling chips into the stock this morning. KODK is now up over 300% since the company unleashed “a photocentric cryptocurrency to empower photographers and agencies to take greater control in image rights management.” Who’s buying? That’s easy… (as […]
Bitcoin Cynics Are On The Wrong Side Of History
f you’re stupid enough to buy [Bitcoin], you’ll pay the price for it one day.” – Jamie Dimon, CEO of JP Morgan Chase, 2017 On March 10, 1876, a new invention sent an invisible electrical signal through a pair of copper wires. On the other end of those wires, the signal was converted to sound […]
Measuring The “Free” Digital Economy
The digital economy provides a number of services for which the marginal price (given an internet connection) is zero: games like Candy Crush, email, web searches, access to information and entertainment, and many more. Because users are not paying an additional price for using these services, this form of economic output doesn’t seem to be […]
Stock Markets For Wednesday, January 10
An overview of how the US stock market, currency and gold markets are poised to open. Video Length: 00:20:47
Stock Markets: Danish Concepts
Greetings from Copenhagen. I did a beefier post on the plane, so be sure to check that out if you haven’t already. During this layover, I’ll just observe that, thanks to China saying it isn’t going to be propping up this fake boom with endless Treasury purchases anymore, markets are somewhat weak. Nothing earth-shattering (or even […]
TMV : 3X Leveraged Short On Treasury Bonds
TMV is a 3 X short the TLT 20 year treasure bond ETF. This trade is based on the TLT. For well over three years now the TLT has been building out what looks like a massive H&S top with the top of the right shoulder now in play. I’m going to take an initial […]
