First Look At February: ADP Says 235K New Nonfarm Private Jobs
Mar 07, 2018
Jeremy Parkinson
Finance
The economic mover and shaker this week is Friday’s employment report from the Bureau of Labor Statistics. This monthly report contains a wealth of data for economists, the most publicized being the month-over-month change in Total Nonfarm Employment (the PAYEMS series in the FRED repository). Today we have the ADP February estimate of 235K new nonfarm private employment jobs, a decrease […]
Sensex Finishes On A Weak Note; ICICI Bank Falls On SFIO Probe
Mar 07, 2018
Jeremy Parkinson
Finance
Indian share markets continued to trade negative following losses in Asian and US stocks and as PNB fraud investigation widened. At the closing bell, the BSE Sensex finished lower by 284 points. While, the NSE Nifty finished lower by 95 points. Meanwhile, the S&P BSE Midcap Index and S&P BSE Small Cap Index ended down by 1.3% & 2.1% respectively. Barring consumer durables stocks & FMCG stocks, all sectoral […]
Anheuser-Busch InBev Has 500 Beers For You
Mar 07, 2018
Jeremy Parkinson
Finance
Every New York stock exchange trading day I’m posting a daily dividend stock or fund review. I’ll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I’ve named the Safari to Sweet Success. This week my Safari portfolio is adding a company from the […]
Profiling Asset Allocation Strategies With Style Analysis
Mar 07, 2018
Jeremy Parkinson
Finance
In a series of recent articles I reviewed how style analysis can be used to replicate investment strategies and indexes using only historical returns (see here, here, and here). That’s a powerful application, but it only scratches the surface for productive uses of style analysis. What else can you do? Monitoring asset weights via a broad set of asset allocation […]
Superconductor Technologies Announces Registered Direct Offering Priced At-The-Market
Mar 07, 2018
Jeremy Parkinson
Finance
AUSTIN, Texas, March 07, 2018 (GLOBE NEWSWIRE) — Superconductor Technologies Inc. (STI) (Nasdaq:SCON), announced that it has entered into a definitive purchase agreement with an institutional investor to purchase in a registered direct offering priced at-the-market 1,581,000 registered shares of its common stock (or common stock equivalent) at a purchase price of $1.265 per share.Additionally, […]
Cryptocurrencies Should Be Regulated Like Commmodities, Judge Rules
Mar 07, 2018
Jeremy Parkinson
Finance
Nearly two-and-a-half years after the CFTC officially declared that bitcoin and cryptocurrencies more broadly would be regulated like securities, a federal judge has ruled that the agency does, in fact, have the authority to regulate the fledgling asset class, according to the same rules governing energy and metals, effectively defining cryptocurrencies as commodities. US District […]
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Volatility, Growth And Value Investing
Mar 07, 2018
Jeremy Parkinson
Finance
The CBOE Volatility Index (VIX) is back to a more familiar territory of 15-20 points after spending some time well below that range. The second half of the year 2017 saw the VIX oscillate within the confines of about 9.50-11.50 marking one of its lowest sessions in history. This period was accompanied by what investors […]
BTC/USD Forex Signal – Wednesday, March 7
Mar 07, 2018
Jeremy Parkinson
Finance
Yesterday’s signals were not triggered, as there was no bullish price action at either $11,105 or $10,785. Today’s BTC/USD Signals Risk 0.75% per trade. Trades must be taken before 5pm Tokyo time, over the next 24-hour period only. Long Trades Long entry after a bullish price action reversal on the H1 time frame following the next […]
Emerging Market Local Debt: An Exception To The Rule
Mar 07, 2018
Jeremy Parkinson
Finance
Thus far, calendar year 2018 has not been kind to the fixed income arena. Essentially, all of the major asset classes have registered negative returns to some degree, as of this writing. However, there is one exception to the rule: emerging market local debt (EMD). Needless to say, the general rise in interest rates throughout the developed […]
Are EUR/USD, GBP/USD Developing Bullish Wave 1?
Mar 07, 2018
Jeremy Parkinson
Finance
EUR/USD 4 hour The EUR/USD bullish momentum continued yesterday with a bullish breakout above resistance (dotted orange). A break below the support trend line (blue) could see price retest the left shoulder (purple lines) which could create a potential inverted head and shoulders pattern. 1 hour The EUR/USD is probably in a wave 5 (blue) […]