Author Archive: Jeremy Parkinson
Weekly Gasoline Price Update: Regular And Premium Down Two Cents – Monday, Oct. 16
It’s time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium are down six cents each from last week. According to GasBuddy.com, Hawaii has the highest average price for Regular at $3.07 and Santa Barbara, CA is the most expensive city, averaging $3.20. Arkansas […]
Old Traders Say To Watch This
Video length: 00:09:01 Funds continued to shuffle capital around the market leaving the indices mostly unchanged. In tonight’s video we look at the record low volatility and the bets traders are placing on it. Also, we look at one area of the market old school traders say to watch…
Why TERP Fell Below $11.50 And The Profit Opportunity
Terraform Power (TERP) shares plummeted to $11.50 today after Brookfield Asset Management (BAM) announced that the “stock” merger election option was oversubscribed. This was not at all unexpected (I predicted as much last week), nor does the stock decline indicate any uncertainty about Terraform’s future under Brookfield’s control. The reason the stock fell was because the only TERP […]
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. […]
