Author Archive: Jeremy Parkinson
Lindsay: 12-Year Interval
The failure of the 15-year interval high (counted from the 9/21/01 low) to appear on time does not mean the bulls are out of the woods yet. A 12-year interval is sufficient to pull the Dow down into its forecast low without the help of a 15-year interval. A 12-year interval forecasts a low in […]
Moneyness, Utility & Network Effects
Eric Lonergan has been cranking out some good stuff on money and language in the last few weeks which got me thinking again about “moneyness” and the network effect of a money system. I wrote a piece on Moneyness back in 2012 that I think describes a realistic operational scale of the utility of money. In short, we […]
Stocks And Precious Metals Charts – On The Wings Of A Dove
There was an obvious bear raid in the precious metals today. We are nearing peak fraud, at least for this latest iteration of bubbles and busts. A good man can speak truths most profoundly with his silences. A wicked man tells lies with his. A sin against the Spirit will not be forgiven. What is a sin […]
Stocks Surge To More Record Highs But Taylor Chatter Spooks Bonds, Dollar, & Gold
Another day, another record high… Video length: 00:00:02 To begin – ‘Murica, fuck yeah!! North Korea headlines and ‘John Taylor For Fed Head’ headlines prompted some turmoil in FX markets, bond markets, and commodity markets… but stocks didn’t even blink… Trannies were worst with Small Caps clinging to unch but GS, AAPL, JPM, and […]
Oasis Petroleum Inc., Ensco Plc: Eyes On Oil As Saudi Arabia Purportedly Considering Alternatives To IPO For Saudi Aramco
The crude markets and oil stocks such as Oasis Petroleum Inc. (NYSE: OAS), ENSCO PLC (NYSE: ESV), and Transocean LTD (NYSE: RIG) are rather quiet despite the recent news from the Financial Times. In an article entitled, ‘Saudi Aramco considers shelving international IPO’, the Financial Times reports that the Saudi’s, long regarded as the central bank of oil, are considering selling private shares of its […]
Netflix, Inc. 3Q 17 Earnings Send Shares Higher After Hours
Netflix 3Q 17 earnings were released after closing bell tonight, and the company reported earnings of 29 cents per share on $2.985 billion in revenue. Analysts had been expecting earnings of 32 cents per share on $2.97 billion in revenue. In the year-ago quarter, Netflix posted 12 cents per share in earnings on $2.29 billion in revenue. […]
Confusion On Profits, Wages, And Taxes At The White House
The White House is pushing the line that their proposed cut to corporate tax rates will lead to an increase in average household income of more than $4,000. “Reducing the statutory federal corporate tax rate from 35 to 20 percent would, the analysis below suggests, increase average household income in the United States by, very conservatively, $4,000 […]
Energy Stocks Are Not Bullish Yet, They Are Neutral
Are energy stocks bullish? Some analysts are getting bullish now, right at a time when the price of crude oil is rising. Admittedly, both crude and energy stocks have been in great shape since June. However, both are bumping into heavy resistance now. Moreover, the U.S. dollar seems to be stopped falling. Before looking in the […]
Sears Drops After Top Shareholder Berkowitz Steps Down From Board
Shares of Sears Holdings (SHLD) dropped in afternoon trading after the company said Bruce Berkowitz is leaving its board, effective October 31. BERKOWITZ LEAVES BOARD: Sears announced this morning that Bruce Berkowitz will step down from its board of directors, effective October 31. Berkowitz, who joined the board of Sears in February 2016, is the […]
