Author Archive: Jeremy Parkinson
Treasury Snapshot: 10-Year Yield At 2.39%
Note: We’ve updated this commentary with data through today’s market close. Let’s take a closer look at recent activity in US Treasuries. The yield on the 10-year note ended the day at 2.39% and the 30-year bond closed at 2.89%. Here is a table showing the yields highs and lows and the FFR since […]
General Stock Market Commentary
Are you feeling it? The stock market euphoria? I am. My brain is telling me that stocks don’t go up forever, but my emotions are doing a woohoo. But I am feeling more than just one emotion. I am also feeling fear. I have that scared feeling that it will all be taken away from […]
Market Talk – Friday, October 20
The opening conversation in Asia was that of the impressive bounce the US markets had attained by close of business. Many Asian traders had left their desks Thursday with the DOW futures down over 130 points with fears spreading that we could see a repeat of the October ‘87 crash. As a result of the […]
Netflix, Inc. Stock May One Day Hang On Viewership Measurements
Netflix stock has trended lower since the short-lived excitement following the company’s third-quarter earnings report. The strong earnings results boosted Netflix stock to a new all-time high, but the shares have been sliding ever since. jgryntysz/Pixabay Netflix to spend $8 billion on content in 2018 The company’s management has revealed that they’ve earmarked a massive $8 […]
US Spent A Record $4 Trillion In Fiscal 2017, Pushing Deficit To $666 Billion
One year ago, the CBO forecasted that the Fiscal 2017 US deficit (for the year ended September 30), would be in the mid-$500 billion range. It was not meant to be, however, and on Friday the Treasury reported that with outlays of $341 billion in the last month of the fiscal year, offset by $349 billion in […]
Why Was Bitcoin Created?
Bitcoin was created by an anonymous person (or group) in 2009. The creator(s) went by the name Satoshi Nakamoto. 2009 was near the peak of the housing crisis, and that is no coincidence. Satoshi was obviously not happy with bailouts and the state of financial systems. So, being an excellent coder, he came up with […]
Cleveland-Cliffs Drops After Seeing ‘Softer Q4’ Amid Volume Cuts, Higher Costs
Shares of iron ore miner Cleveland-Cliffs (CLF) are falling after reporting third quarter earnings per share of 18c, widely missing analyst expectations of 32c per share. Q3 EPS included an $89M, or 29c per diluted share, loss on extinguishment of debt, and a $32M, or 11c per diluted share, gain from discontinued operations. This compares […]
Remember Your RMD
Photo by sraskie It’s getting close to the end of the year and that means many individuals need to take their required minimum distributions (RMDs). It also means that there will be individuals who must begin taking their required minimum distributions as they will have reached the magic age of 70 ½. For those already […]
6 Stocks With Recent Price Strength To Enhance Your Returns
“In the stock game, winning means reaching a higher price.” However, striking the right chord each time needs a fair amount of luck. No matter how disciplined and systematic investors are, equity market volatility will always manage to get the better of them. While a few lucky ones rake in the moolah, others fall victim […]
EC The Next Generation Of Currency Wars: Private Vs. State-Backed Crypto
Recently Russia announced that it will be unleashing a CryptoRuble, just a week after Vladimir Putin strongly criticized Bitcoin and other private cryptocurrencies. When announcing the move, Minister of Communications Nikolay Nikiforov acknowledged that it was in part inspired by the aim of getting ahead of other governments: I confidently declare that we run CryptoRuble for one simple […]
