Author Archive: Jeremy Parkinson
Seniors: How To Prepare For Rising Rates
The unwinding of the Federal Reserve’s balance sheet, improving jobs numbers and increasing wage demand have convinced most economists that higher interest rates are in our future. On the surface, this seems like a good thing for retired persons who, for the past nine years, have earned next to nothing from their preferred investments – […]
Costco’s Price Advantage Is Its Moat Vs The Amazon Effect
On June 15th, Costco (CSCO ) stock was trading at $180. The next day Amazon (AMZN) announced its deal to acquire Whole Foods (WFM) which sent supermarket stocks and Costco shares tumbling. Investors feared that Amazon would destroy the supermarkets much like it did with bookstores and electronics retailers. If retailers don’t adapt or have […]
Abbott (ABT) Beats Earnings And Sales In Q3, Tweaks View
Abbott (ABT – Free Report) is an Illinois-based company focused on bringing a diverse line of healthcare products to the market. Abbott Labs reports its diversified business in four segments – namely Established Pharmaceuticals Division (EPD), Medical Devices, Diagnostics and Nutrition. The company has reshaped its portfolio through strategic acquisitions/divestitures in recent times. It has also been taking […]
Should You Wait For Valuations To Improve?
One of my favorite Wall Street clichés relating to stock market valuations goes something like this: “Valuations don’t matter until they do, and then they matter a lot.” Actually, you can probably replace the word valuations with any issue you’d like and the phrase would still work. However, since valuations continue to be a rather […]
Gold And German DAX Update
Good day traders! Let’s look at gold and german dax. Gold is unfolding a bearish reversal away from the highs, where we labeled end of wave B. Current five-wave drop now indicates more weakness to follow, but after a pullback takes place (we are talking about wave ii). That said, blue wave one can be […]
IBM Inc. Shares Soar On Yesterday’s Earnings Beat
Tuesday, October 17th saw some interesting developments in the stock market. First, the Dow crossed 23,000 for the first time ever. However, the widely followed index closed below that level when the market closed at 4 p.m. Another thing that happened of interest was that IBM (IBM) reported their third-quarter earnings and they beat on both the top and […]
ETFs: Saviors In Crises, Treated Like Pariahs
This is the final post in a four-part blog series addressing the attacks on smart beta and exchange-traded funds (ETFs). Today we touch on the argument that asset classes such as emerging markets, which typically have a liquidity fear hanging over them in crises, will see exacerbated downside in the next crisis because of the presence of ETFs in the system. […]
Housing Markets: A European Perspective
Americans are all-too-familiar with issues in the US housing market: fluctuations in housing prices, along with problems of affordability and even homelessness. I’m not sure whether it is consoling or confounding to observe that similar problems exist across the European Union, but The State of Housing in the EU 2017, just published by Housing Europe, which […]
Why The Downside Risks Of Brexit Are Mounting
While the UK economy did better than predicted in 2016 in the immediate aftermath of the referendum vote on leaving the European Union, growth has since stalled and inflation has risen. Beginning in January, I have been saying that risks from Brexit are rising. Let me reiterate that case below. Now, because this is such […]
USD/JPY Remains On The Offensive, Strengthens
USD/JPY: The pair looks to correct further higher as it followed through higher on the back of its Tuesday gains again today, Wednesday. On the downside, support comes in at the 112.50 level where a break if seen will aim at the 112.00 level. A cut through here will turn focus to the 111.50 level […]
