Author Archive: Jeremy Parkinson
Battling Euphoria With Limited Risk And Limited Time
Video Length: 00:13:02 In tonight’s video market update we look at the stages every market cycle goes through and why this current market cycle is in the euphoria stage. Watch this video to find out what to do in this kind of market…
Here’s What’s Driving The Oil Price Higher
The West Texas Intermediate crude oil price, the U.S. benchmark, just hit its highest price in 2 1/2 years. We need to know what’s driving it to decide if we should put some oil producers in our portfolio. It’s rising, in part, because of Saudi Arabia’s constant barrage of production-cut rhetoric. The kingdom was on a publicity blitz over […]
Forex Metrics And Charts – November 2017
The Top 10 of the Ranking and Rating list for the coming month shows the following stronger currencies being well represented for going long: the EUR(4X) followed by the USD(3X) and the CAD(2X). The weaker currencies are the CHF(4X) followed by the NZD(3X) and the AUD(2X). By diversifying a nice combination can be traded in the […]
Stocks And Precious Metals Charts – The King In Yellow
Stocks bubbled sideways today, digesting the recent gains, and treading water as additional earnings and economic news comes out. I have made no secret of it, that the US equity markets seem very fully valued at this point, and are overdue for a stiff correction in the neighborhood of ten percent. That they have not […]
EC Why The Flattening Yield Curve Doesn’t Worry Me Yet
If you look at the yield curve since the early 80s double dip recession, what you’ll notice is that inversion – where 2-year rates exceed 10-year rates – precedes every recession. Right now, we’re still 70 basis points from inversion though. So far from expecting a slowdown or a recession, I would sooner expect economic […]
September 2017 Headline Consumer Credit Growth Rate Grows
The headlines say consumer credit rate of annual growth increased from last month. Our analysis agrees. Analyst Opinion of the Consumer Credit Situation Not only does this data set suffer from backward revision (moderate to significant enough to change trends), but the use of compounding (projecting monthly change as annual change) by the Federal Reserve […]
Hot Options Report For End Of Day – Tuesday, Nov. 7
The most active equity options and strikes for end of the day: CBS, WFT, AABA, BAC, AAPL, SNAP, TEVA, ZNGA.
20% Of Snapchat’s Market Cap Just Disappeared On Abysmal Earnings, Redesign
It’s deja vu all over again. Almost exactly 6 months after Snapchat reported abysmal Q1 earnings – its first since going public – which crushed its stock, the company has done it again reporting earnings that disappointed on every single metric, and missed across the board with revenues and users failing to meet Wall Street expectations, cash […]
Zynga Inc 3Q 2017 Earnings Send Shares Lower
The Zynga (ZNGA) 3Q 2017 earnings results were released after closing bell, and the company posted earnings of 2 cents per share on $224.6 million in revenue. Analysts had been expecting earnings of 2 cents per share on $207.53 million in revenue. In the year-ago quarter, the company reported losses of 2 cents per share […]
