Author Archive: Jeremy Parkinson
Why Tracking The Weekly Expected Move Is Important
Video length: 00:09:21 Stocks saw selling today before rebounding some of those losses by end of day. Watch this video to keep the selling in perspective and understand how you will know months in advance if a big decline is going to happen…
Buckeye Partners, L.P. Prices $400 Million Offering Of Senior Notes
HOUSTON, Nov. 09, 2017 (GLOBE NEWSWIRE) — Buckeye Partners, L.P. (“Buckeye”) (NYSE:BPL) announced today that it has priced an offering of $400 million aggregate principal amount of 4.125% senior unsecured notes due 2027 at 99.503% of par. Buckeye anticipates the offering will close on November 20, 2017, subject to customary closing conditions. Buckeye expects to […]
Stocks And Precious Metals Charts – The Repairer Of Reputations
“A growing economy with related worries about increases in future inflation would typically produce rising yields on longer-term notes and bonds, not declining yields. A dramatic flattening in the yield curve is seen as a red flag for an economic slowdown, sagging inflation and as a potential precursor to the onset of recession. None of […]
Disney Slides On Earnings Miss, Declining ESPN Viewership, Layoffs
Disney is sliding after hours after another poor quarter, in which the Mickey Mouse company which recently severed relations with Netflix, reported a miss on the top and the bottom line, reporting Q4 EPS of $1.07, down 3% from the $1.10 a year ago, and below the $1.14 expected. The number would have been even […]
Once Again, EIA Natural Gas Data Hits Expectations
Looking at how cash and prompt month natural gas futures moved today, one would have no idea that the strongest cold shot of the season thus far is moving in tomorrow or that today was an EIA report day. Yet here we were, watching natural gas prices recover and slowly grind higher following an EIA […]
Is The Bitcoin Bubble Like The Tulip Bubble?
Slack In The Labor Market We’ve discussed wage growth in many articles. The chart below is a great depiction of what might occur in the next few months. It shows the spread between the U6 unemployment rate and the U3 unemployment rate. This shows the amount of people who are underemployed. The axis where the […]
Pharma ETFs Down Post Q3 Earnings
Total earnings for 95.3% of the total healthcare market capitalization are up 7.6% on revenue growth of 4.6%. Though earnings growth appears solid compared with many other sectors, earnings and revenue beat ratios of 72.5% and 58.8%, respectively, look disappointing. Among the most notable players, Johnson & Johnson (JNJ – Free Report) was the first major drug company to […]
GBP/USD – Still Aiming For 1.3000?
Although cable rose today on general anti-dollar flows the rebound was rather anemic and the pair still remains mired under the 1.3200 resistance level as short continue to circle the unit. Earlier today the OECD noted that risks of a slowdown in UK have increased while reports also circulated that the EZ was demanding […]
1 In 3 Millennials Would Rather Own Bitcoin Than Stocks
Having ‘dabbled’ in what they know best – Snap – Millennials are increasingly turning their back on stocks and buying bitcoin… Snap … the median age among Snap buyers on Thursday was even younger, at 26. “I wanted to test the waters and play around with some money I wouldn’t be too devastated to lose,” Ms. Shoenthal said. “I think I’m […]
