About 33% Of Students Drop Out Of College; Here’s How Many Go On To Default On Their Student Debt
Nov 07, 2017
Jeremy Parkinson
Finance
Roughly 70% of America’s bright-eyed and bushy-tailed high school seniors will go on to binge drink study at a 4-year college, but, to our complete shock, less than two-thirds of them will manage to graduate with a degree. Even worse, 30% of the students will drop-out after just one year on campus. Not surprisingly, a survey conducted […]
Precious Metal Report – Tuesday, Nov. 7
Nov 07, 2017
Jeremy Parkinson
Finance
A review of the day’s trading in precious metals markets. Video Length: 00:11:05
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Crude Oil Remains A Slippery Customer; The Likely Future Direction
Nov 07, 2017
Jeremy Parkinson
Finance
Crude oil is one of the most widely traded commodities and besides its use for fuel and energy; oil-based products or its by-products find their way into every facet of our lives. Its price is affected by the economic backdrop as well as political and climatic developments. Carrying out analysis based on fundamental, political and […]
Yield Curve And Credit Markets Are Flashing Red As Small Caps Slump On Tax Turmoil
Nov 07, 2017
Jeremy Parkinson
Finance
Overheard in Washington today… Video length: 00:00:18 Equities slipped, the dollar gained and the Treasury yield curve flattened further as markets reacted to the suggestion that Senate tax writers will release a bill Thursday, according to Senate Finance Chairman Orrin Hatch. Stock indexes across the Gulf were among the world’s worst performers, with Saudi Arabia’s Tadawul […]
A Curious Beast: Sotheby’s
Nov 07, 2017
Jeremy Parkinson
Finance
Sotheby’s (BID) is a curious beast, because it’s one of the few public companies that pretty much caters just to the rich. After all, how many of us are going to toddle down to the auction to put $30 million for a piece of modern art? Anyway, it recently had a very large bearish engulfing […]
Four Of The Best Beer Stocks For Investors
Nov 07, 2017
Jeremy Parkinson
Finance
Beer is hot right now and so are many beer stocks. But you shouldn’t just throw money blindly into this sector. There are some beer stocks that are doing things right, earning market share and growing revenues, and then there are the others who seem to be lost at sea. In this post, I am […]
The Market Continues As The Bullish Percents Point Lower
Nov 07, 2017
Jeremy Parkinson
Finance
I don’t have much time today. The general market short-term downtrend continues as the bullish percents point lower. Based on this chart below, we should be on watch for signs that the medium-term trend is turning down. Outlook The ECRI index has bottomed out and is pointing higher, however, weak M2 growth is […]
2018 Budget: Buhari Proposes N8.6 Trillion; 16% Higher Than 2017
Nov 07, 2017
Jeremy Parkinson
Finance
The Nigerian president Muhammadu Buhari on Tuesday presented the 2018 proposed budget to a joint session of the National Assembly in Abuja. According to the president, the budget will consolidate on the achievements of previous budgets and help actualize the Nigeria’s Economic Recovery and Growth Plan (ERGP) 2018-2020. President Muhammadu Buhari (C) presenting copies of the 2017 […]
Further GWDD Additions Continue To Support Natural Gas
Nov 07, 2017
Jeremy Parkinson
Finance
Despite declines overnight and into the morning hours, natural gas prices were able to recover today and settle a bit higher following their significant rally yesterday. Much of this appeared to be due to continued GWDD additions to the short and long-term weather forecasts. Part of this is coming from recent cash strength ahead of […]
Metals And Miners Continue To Whipsaw In Either Direction
Nov 07, 2017
Jeremy Parkinson
Finance
Little changed from Monday’s update. Metals and Miners continue to whipsaw in either direction. Nevertheless, our primary analysis calls for a breakdown, likely before the end of next week. Gold would have to recapture $1,300 to prevent a November slump. A breakdown in gold would summon a retest of support around $1,200. I have a […]