Author Archive: Jeremy Parkinson
October 2017 Philly Fed Manufacturing Survey Improved
The Philly Fed Business Outlook Survey improved and remains in expansion. Key elements are in expansion but declined. Analyst Opinion of the Philly Fed Business Outllook Survey Consider this a weaker report than last month because of the decline of the key internals. This is a very noisy index which readers should be reminded is […]
Buy-The-Black-Monday-Echo-Dip – Stocks Dip & Rip After China Bubble Warnings
pic.twitter.com/g4EjXXJofL — StockCats (@StockCats) October 19, 2017 Saved…” NOTE: Before we start – something went very funky in the last couple of minutes of the market today – TRUMP SAID TO BE LEANING TOWARD POWELL FOR FED CHAIR: POLITICO – a Dovish pick… For a brief moment there this morning, some reality poked its head […]
Buying The Dips Will Not Work Forever
Video length: 00:14:19 Stocks dropped early this morning to rebound ending the day slightly positive. In tonight’s video newsletter update, we look at poorly priced the market is for the risks it’s portraying. Watch tonight’s video to find out if you should be comfortable with your portfolio…
Flightless Bird NZD Sinks To Bottom While USD Stays Strong
Strong Weak Analysis is a way to identify momentum in the FX market. Trend traders rely on spotting and riding momentum as it develops and looks to benefit from trends extending, as many do. It’s also worth noting when the strength of a trend is waning, which Strong Weak analysis can also benefit. Each day […]
Stocks And Precious Metals Charts – Thursday, October 19
Today is the 30th anniversary of Black Monday, the crash of 1987.I remember it very well. As you may not recall, on Tuesday following the crash, with the futures market indicating a significantly lower open, Alan Greenspan and the Fed came in buying SP 500 futures in order to turn the markets around. And it […]
Investor Sentiment Dips In Yale Confidence Surveys
The Yale School of Management runs a monthly sentiment survey on both individual and institutional investors. Four questions are asked of investors, and below we provide charts showing the historical results through September 2017. The first chart shows the results for Yale’s “One-Year Confidence” reading which asked respondents how confident they are that the stock market will […]
PayPal Holdings Inc. Q3 2017 Earnings Send Shares Higher After Hours
PayPal Q3 2017 earnings were released after closing bell tonight, and the company reported non-GAAP earnings of 46 cents per share on $3.239 billion. Analysts had been looking for 43 cents per share in adjusted earnings on $3.17 billion in revenue. In the year-ago quarter, PayPal reported 35 cents per share in earnings on $2.667 billion in […]
Stocks Are More Than Twice As Highly Valued Today Than They Were In 1987 Before The Crash
Today is the 30th anniversary of the stock market crash of 1987 so I thought it might be interesting to compare today’s stock market to that earlier one. Using the ‘Buffett Yardstick’ it’s clear that stocks are more than twice as highly valued as they were back then. Personally, I prefer the chart of the […]
Great Lakes Economy: Examining The Cross-Border Supply Chain
If the region surrounding the Great Lakes was its own country, it would be the 3rd largest economy in the world with a GDP of $6 trillion. That’s bigger than Japan or Germany, and certainly a force on the global stage. However, this highly-integrated Great Lakes economic engine is different than many others – that’s because it […]
Gold Creates Bullish Higher Low
We had an interesting development in stocks today. The market hit a no-bid ‘air pocket’ and the price dropped 100 points right out of the gate. This is not a good sign if you are a bull, The price has recovered this evening but I am marking this one in my diary as the first […]
