Trade Swords Sharpened, Belly Flop Reporting: Worst Response
Mar 23, 2018
Jeremy Parkinson
Finance
China has threatened to retaliate on US tariffs. For now, Trump will hold off on the EU, but only if the EU cooperates. The US, EU, and China are all sharpening trade swords. China’s Retaliation List Includes Boeing and Soybeans. For now, Trump has backing off on the EU. The EU gets a temporary reprieve on […]
The Value Case For Facebook
Mar 23, 2018
Jeremy Parkinson
Finance
When it rains, it pours. That is how Facebook (FB) founder Mark Zuckerberg must feel after suffering two black swans in two days, and a $9 billion drop in his personal net worth. Not that he’d notice. That is great news for us, as it gives all a chance to get into the shares of one of […]
Choppy Sideways Market Ahead
Mar 23, 2018
Jeremy Parkinson
Finance
General Stock Market Commentary MON Sector Strength – TUE Rates – WED Medium-Term – THU Commodities Currencies – FRI Sentiment – SAT Longer-Term The Short-Term Trend The PMO index is looking a lot closer to the low of its range. This the level where we start looking for the market to bottom out, and […]
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Eldorado Gold: What Triggered The Massive Selling?
Mar 23, 2018
Jeremy Parkinson
Finance
Eldorado Gold (EGO) is a popular gold mining stock. Specifically, it is an intermediate gold producer with mining, development and exploration operations in Turkey, Greece, Romania, Serbia, Canada and Brazil. The company has a portfolio of high-quality assets, and long-term partnerships with the communities where it operates, but has faced some issues with political matters and mining access issues in recent […]
ETFs Impacted By Trump’s Tariff Exemptions
Mar 23, 2018
Jeremy Parkinson
Finance
The markets have had a rough first quarter. After inflation and rate hike fears spooked the markets in February, it saw a slight recovery as wage growth slowed. However, March has not been welcoming either, as President Donald Trump’s plans of imposing tariffs didn’t bode well for the markets (read: Watch These ETFs as Trade War […]
Here It Comes: China About To Launch “Tens Of Billions” More In Tariffs
Mar 23, 2018
Jeremy Parkinson
Finance
Today the market has been on edge over, and traders are obsessed with, just one question: how will China retaliate to Trump’s trade war and tariffs. After all, the initial response of a modest 15-25% tariff on $3 billion in 128, mostly agricultural, products, seemed laughably small and appeared to be more of a warning shot than a […]
Trade War Tensions, A Fed Rate Hike, And Facebook
Mar 23, 2018
Jeremy Parkinson
Finance
The U.S. Markets suffered the biggest weekly decline in more than two years related primarily to concerns over a trade war with China. The S&P 500 finished down 5.9%. The Fed hiked the Fed Funds rate by 0.25% to a target of 1.5%-1.75% and indicated a likelihood of two additional hikes this year. Weekly Returns […]
Gold And Silver Possession Is A Constitutional Right – And A Practical Imperative
Mar 23, 2018
Jeremy Parkinson
Finance
It’s a safe bet that most readers of this column who hold physical precious metals – gold, silver, platinum and palladium – do so because they view the as a store of value. Gold and silver especially, have served in the role of honest money for at least five millennia. With a melting point 700 […]