Recent Investment: General Mills
Mar 23, 2018
Jeremy Parkinson
Finance
It has been quite a long time since my last investment into the stock market. But yesterday I took the chance of the decent drop of General Mills, to add 32 shares to my already existing position; in total I have now 57 shares of GIS. After all I bought 32 shares at a price of 45.51 USD, […]
$21 Trillion And Counting: Fed Misdirection And Powell’s Powder Puff Presser (Part 4)
Mar 23, 2018
Jeremy Parkinson
Finance
Why The Fed Is Tightening With Low Inflation — And The Danger Of It
Mar 23, 2018
Jeremy Parkinson
Finance
The Fed has announced their expectations for tightening over the next three years, including three or four rate hikes this year including the March increase. Yet inflation is running low, beneath their target of two percent for the core inflation rate. Not only is inflation below the Fed’s target, inflation is lower than it was a […]
Here’s Why REITs Don’t Fear Rising Rates: 4 Great Picks
Mar 23, 2018
Jeremy Parkinson
Finance
Dependence of REITs on debt for their business makes investors wary of their performance in a rising rate environment. Also, the investment world’s treating them as bond substitutes for their high and consistent dividend-paying nature makes them susceptible to rising rates. This is why their price performance tends to fluctuate when the Federal Reserve is […]
Close Of 2018 Q1 Draws Near On Accelerating Volatility
Mar 23, 2018
Jeremy Parkinson
Finance
Each candle on the following charts of the Dow 30, S&P 500, Nasdaq Composite, and Russell 2000 Indices represents a period of one quarter of one year. This year’s Q1 candle is a high-wave spinning top, representing indecision. It will close next Friday. After today’s broad-based equity drop, the SPX:VIX ratio has extended its decline, closing well below the 150 Bull/Bear line-in-the-sand level, and is mired in […]
Should Facebook And Google Pay Users When They Sell Data Collected From Users?
Mar 22, 2018
Jeremy Parkinson
Finance
Let’s imagine a model in which the marketers of data distribute some of their immense profits to the users who created and thus “own” the data being sold for a premium. It’s not exactly news that Facebook, Google and other “free” services reap billions of dollars in profits by selling data mined/collected from their millions […]
Markets Tumble As Trump Announces Sweeping Tariffs On China
Mar 22, 2018
Jeremy Parkinson
Finance
On the latest edition of Market Week in Review, Senior Investment Strategist Paul Eitelman and Sam Templeton, manager, global communications, discussed market reaction to the Trump administration’s announcement on Chinese tariffs. Trade tensions ramp up after U.S. releases details of Chinese tariffs On March 22, President Donald Trump formally announced that $50 billion in tariffs […]
Just A Few More Pips
Mar 22, 2018
Jeremy Parkinson
Finance
On Page 1, Chapter 1 of the Central Banker Crisis Handbook it states very clearly, “do not make it worse.” It’s something like the Hippocratic oath where monetary authorities must first assess what their actions might do to an already fragile system. It’s why they take great pains to try and maintain composure, appearing calm […]
Nike Stock Pops After Q3 Revenue Beat, 24% Chinese Growth
Mar 22, 2018
Jeremy Parkinson
Finance
Nike (NKE – Free Report) just released its third-quarter financial results, posting adjusted earnings of $0.68 per share and revenues of $8.98 billion. Nike is currently a Zacks Rank #3 (Hold). Nike shares had climbed 23% over the last year. However, Nike’s stock price dipped marginally in the last week and sunk nearly 3% Thursday […]
The Market Will Be Trading Sideways
Mar 22, 2018
Jeremy Parkinson
Finance
The Short-Term Trend It was such a bad day for stocks that I was hoping it would really wash out the market and put us in oversold territory. But that didn’t happen. For instance, the PMO index continues to point lower, but it is still far above the low of its range. There was no […]