Author Archive: Jeremy Parkinson
Higher Rates Are Now A Headwind For US Stock Market
The Investor’s Intelligence Newsletter Writers Sentiment Survey shows this week’s percentage of bullish advisors close to the 55% threshold. When the percentage gets above this level, the bullish sentiment works against stock prices. (This is an excellent sentiment survey, and has worked really well for me for years.) I don’t think a high percentage of […]
Looking For Ways To Squeeze More Yield Out Of Your Cash Pile? Me Too
Market (SPY) valuations remain elevated by most metrics – trading at levels not seen very often historically – at least judging by its PE and Shiller CAPE ratios. What actually happens going forward (will it keep going up, drop significantly, or go sideways?) is anyone’s guess – but tax reform could be a tailwind that provides some more […]
RingCentral – Chart Of The Day
The Chart of the Day belongs to RingCentral (RNG). I found the business communications software stock by using Barchart to sort today’s New 52 Week High list first by the highest Weighted Alpha, then I used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy in 2/13 the stock gained 19.60%. RingCentral, […]
Job Openings & Labor Turnover: Clues To The Business Cycle – Friday, March 16
The latest JOLTS report (Job Openings and Labor Turnover Summary), with data through January, is now available. The first chart below shows four of the headline components of the overall series, which the BLS began tracking in December 2000. The time frame is quite limited compared to the main BLS data series in the monthly employment report, […]
E Stock Of The Week: The Charles Schwab Corporation
We are at the 50 day moving average and the market must honor this support level. Schwab (Charles) has an increasing rate of earnings growth which is certainly loved by the market. Let’s take a look. Video Length: 00:05:06
GDPNow Forecast Dips Slightly: Baseline 1.8%, Real Final Sales 1.1%
For GDPNow, a strong factory report could not overtake weak housing and trade reports. Divergence with Nowcast widens. The divergence between GDPNow and the New York Fed Nowcast GDP estimates widened to 0.9 percentage points in the past week. GDPNow Latest Forecast: 1.8 Percent — March 16, 2018 The GDPNow model estimate for real GDP growth (seasonally adjusted annual […]
Bitcoin Update, Demand Is Present
When a Wyckoff trader looks at a stock chart of price and volume, one looks for foot prints of material demand and supply. The current bitcoin chart shows very significant demand prints. Video Length: 00:13:50 Investing Quote… ..“What beat me was not having the brains enough to stick to my own game – that is, […]
What Is A First Time Home Buyer? (Not What You Think)
When determining the direction of the housing market, analysts like to look toward the millennial generation to provide future demand. The most common age in America is 27. The average age of first time home buyers is 33 which implies there will be a surge in housing demand in the next few years. While there […]
Something Just Isn’t Adding Up In The Recent Data
The week started off strong out of the gate on Monday in the wake of Friday’s post-payroll rally, but the momentum quickly faded, leaving the S&P 500 down four consecutive days as of Thursday’s close. If it closes in the red again Friday, it will be the longest losing streak in over 16 months going […]
2000 Tech Bubble And Stock Crash, Causes And Lessons
Learn the history of the 2000 stock market crash, when technology stocks declined 83%. Also, learn the causes of the crash and the lessons it left us with. The “Tech bubble” and resulting stock market crash, which began in 2000 and continued until 2002, is also known as the Dotcom bubble, Dotcom crash, Dotcom boom, internet […]
