Author Archive: Jeremy Parkinson
Dollar Heads Up As North Korean Tensions Wane
The dollar reversed from 2 ½ year lows as Asian stocks headed higher on Wednesday morning and European markets looked for a positive open as well. The dollar index was up 0.15 percent to 92.47 .DXY as of 7:30 a.m. GMT. The euro was lower against the dollar, trading at $1.1952. The dollar was also up […]
Big Bank Bosses Are Dumping Their Stocks As “Credit Risk Ricochets Back”
“Credit risk is ricocheting back as a legitimate concern after years of hibernation…” warns David Hendler, founder, and principal at Viola Risk Advisors, who considers recent share sales by executives at the big retail banks, in particular, to be smart, as consumer portfolios are showing signs of strain. Wall Street analysts have been urging investors all year to buy stocks […]
Sensex Trades In The Green; Indian Oil Up By 4%
After opening the day on a positive note, share markets in India have continued the momentum and are trading in green. Sectoral indices are trading on a positive note with stocks in the oil and gas sector and stocks in the metal sector leading the gains. The BSE Sensex is trading up by 300 points (up 1%), and the NSE Nifty is trading up by […]
3 Strong Buy Stocks That Have Been Soaring For Months
Here at Zacks, we utilize a system that emphasizes earnings estimates and earnings estimate revisions to find high-quality stocks that are poised to outperform the market over the next one to three months. From 1988 through 2016, our proven Zacks Rank system more than doubled the S&P 500 with an average gain of +25% per […]
Is A QT-Tantrum On The Way For Bond Yields?
In this video, we look at the prospects for a QT (Quantitative Tightening) tantrum for the bond market. The video walks through a couple of slides of a recent edition of the Weekly Macro Themes report. In the video, we look at a couple of key preconditions for a yield spike such as increasingly crowded long […]
German Election 2017: EUR/USD And DAX Index Forecast
With September fast approaching, the focus is likely to temporarily shift from the speculation on the ECB’s next monetary policy move to Germany. Unlike the previous elections in the Eurozone, namely the Dutch and French elections, the German elections are not expected to deliver any surprising results. At best, the elections are likely to become […]
Above The 40 – More Stock Market Volatility And Fizzle
AT40 = 37.1% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 46.7% of stocks are trading above their respective 200DMAsVIX = 11.7 (was as high as 14.3)Short-term Trading Call: neutral Commentary North Korea launched a ballistic missile over northern Japan, bot no fire and fury ensued. What happened instead was more like volatility and fizzle. […]
5 Companies That Amazon Is Putting Out Of Business
The odds are pretty good that you or someone you know has bought something off of Amazon since the company was founded in 1994. In fact, as of February 2017, Amazon has over 300 million users — that’s almost as many as the entire population of the US — and nearly 80% of all of […]
Mario Draghi’s Fatal Conceit
On 23 August 2017, the president of the European Central Bank (ECB) gave a speech titled “Connecting research and policy making” at the annual assembly of the winners of the Nobel Prize for Economics in Lindau, Germany.1 What Mr. Draghi talked about on this occasion — and especially what he didn’t talk about — was quite revealing. Any […]
Jobs, Jobs And More Jobs – But Who Will Fill Them?
Well, Bloomberg had a nice article this week on how greater enforcement of immigration laws is having an impact on housing prices. Surprise! Yes, the prices are going up as the price of labor is going up significantly and tariffs on lumber are not helping either. Good news if you are a legal resident of […]
