Author Archive: Jeremy Parkinson
Dollar Strength Is Hiding In Plain Sight, And One Strategist Says It’s Here To Stay
Overnight, the yen rose against all its G10 peers because Donald Trump has lost his mind completely and is now firing everyone in sight. On Thursday evening, the Washington Post reported that a “very stable genius” called “Dennison” is now planning on ridding himself of national security adviser H.R. McMaster who, according to some accounts, once called Trump an […]
“We Have Moved To Sell The Rebounds”: Dollar Slides, Futures Fade Amid Political Turmoil
After four consecutive days of failed upside breakouts in the S&P, some have noticed a change in sentiment, and as Georg Schuh, CIO of Deutsche Asset Mgmt told Bloomberg, “we have moved our view on stocks from ‘buy the dips’ to ‘sell the rebounds’.” adding that “I’m not ruling out one final peak in stocks, but we’re […]
Exportable
Oil and product prices are putting in what should be a major seasonal bottom as global oil demand surges and the U.S. Petroleum Industry looks to fill the globe’s needs. In fact, the U.S. petroleum industry is doing their part to try to reduce the trade gap by exporting record amounts of oil and products. […]
Sensex Plunges 500 Points; Metal & Energy Stocks Continue To Fall
Indian share markets continued to witness further selling pressure in the afternoon session with financial and energy stocks taking the brunt as fears of a trade war due to the imposition of US tariffs preyed on global markets. At the closing bell, the BSE Sensex closed lower by 509 points and the NSE Nifty finished lower by 165 points. The S&P BSE Mid Cap finished down […]
Apollo Global Seeks Sovereigns
The Financial Services sector includes twenty industries ranging from Asset Management to 8 kinds of Banks, Credit, Exchanges, 6 kinds of Insurances, Savings, and all such financial concerns. Today I’m reviewing an alternative-asset management company. It’s a large-cap stock, Apollo Global Asset Management LLC It’s trading ticker symbol is APO. Apollo Global Management LLC invests […]
Improved Earnings Growth Expectations Broadly Reduce PEG Ratios
Before passage of The Tax Cuts and Jobs Act in December, earnings growth for the S&P 500 was expected to be low double digits in calendar year 2018. Since passage of tax reform, a significant improvement in earnings growth expectations has occurred. The below table shows I/B/E/S earnings growth expectations in October by sector and […]
‘Trust Busting’ Time Back On Deck
In the late 1800’s and early 1900’s the US government and court system found the political courage under the leadership of President Theodore Roosevelt to break up ‘bad trusts’ which were defined as companies that had become so big and controlling as to operate contrary to the public interest for consumer choice, free competition, the […]
EUR/USD Breaks Support Trend Line And Expands Wave 2 Correction
EUR/USD 4 hour The EUR/USD broke below the support trend line (dotted blue) which makes a larger bearish correction more likely. The correction is probably part of a larger wave 2 (purple) correction, as long as price stays above the 100% Fibonacci level. A bullish break above resistance (red) could start waves 5. 1 hour […]
Predicting Crypto Market Movements
Traditional Markets It’s not often that we lead this section of the update with Japan but it is the world’s third-largest economy and they’re going through a bit of a rough patch which could potentially lead to some market movements that are worth highlighting. Prime Minister Shinzo Abe is having a bad month right now. […]
How Much Should You Expect Your House To Appreciate?
You just bought a house. If you’re like most Americans, it will soon become the largest component of your net worth, and only increase as a percentage over time. Naturally, you would like to see it go up. But by how much? Predicting future home prices is a difficult a game, made complicated by the myriad […]
