Author Archive: Jeremy Parkinson
How Will The ECB’s QE Tapering Impact The Market? Here Are The Possible Scenarios
It was supposed to come with a “bang.” Instead, the double trial balloon launched by the ECB on Thursday night, delivered at the same time by both Reuters and Bloomberg to make sure that everyone got it and according to which the ECB was considering slashing its QE in half from €60 billion to €30 billion […]
Technical Market Report For October 14, 2017
The good news is: The Nasdaq composite (OTC) closed at an all time high Friday and the blue chip indices closed at all time highs earlier in the week. The Negatives The market is overbought and the secondaries represented by the Russell 2000 (R2K) declined a little last week. New lows picked up a little, […]
Weekly Wrap: October Singing To The Same Tune
This week we learned that Mother Nature isn’t quite yet done with slapping the U.S. around. As California suffers through the most deadly wildfires in history, our hearts go out to all those affected. This has been a year to try the internal strength of many, but over on Wall Street, life is more like […]
World’s Largest Oil Companies: Deep Trouble As Profits Vaporize While Debts Skyrocket
The world’s largest oil companies are in serious trouble as their balance sheets deteriorate from higher costs, falling profits and skyrocketing debt. The glory days of the highly profitable global oil companies have come to an end. All that remains now is a mere shadow of the once mighty oil industry that will be forced […]
Career Risk Driving The Bull Market?
October is the month that professionals starting thinking about risk– not necessarily portfolio risk, per say, but rather career risk. In investing, the professional game is not so much risking client assets to deliver performance above the crowd. The reality, GMO portfolio manager Jeremy Grantham notes, is that “the ultimate job description becomes ‘keep your job.’” To Raymond […]
EC Regional Banks May Do Better Than The Big Banks
Results from the big banks largely came in line with expectations, though Bank of America (BAC – Free Report) did a little better and Wells Fargo (WFC – Free Report) was a tad below expectations. We knew that improved net interest margins will help the profitability of the core lending business even though growth in loan portfolios was expected to decelerate further. Management […]
WTI Crude Pushes Higher On OPEC Confidence, Deflating Dollar
Fundamental Forecast for USOIL: Bullish Talking Points: Weekly close above $51.61 would be highest weekly close in WTI since May US crude stocks fell more than expected at 2.75m barrels per EIA IEA monthly report expects steady prices in 2018 due to non-OPEC supply pressures Per BHI, US Oil Rigs falls by 5. Rig count drops to […]
Deleveraging? Who Said That? China Credit Growth Booms Ahead Of Party Congress
So we got China credit data late Friday evening and it’s notable if only for what it says about Beijing’s desire to put its best foot forward ahead of the Party Congress. Here are the numbers: CHINA SEPT. NEW YUAN LOANS 1,270.0B YUAN; EST. 1,200.0B CHINA SEPT. AGGREGATE FINANCING 1,820.0B YUAN; EST. 1,572.7B CHINA SEPT. M2 MONEY […]
Stocks To Watch: NRG SBGI KNX
Take a look at three trading ideas to prep you for the next trading session. Long NRG Energy (NRG) Long Sinclair Broadcast Group (SBGI) Short Knights-Swift Transportation (KNX)
Tech Stocks Are Dominating The S&P 500
I think the technology sector is the most interesting sector because most of the top firms are in it and because it is driving earnings growth. We will look at some charts which show the direction of the sector. The chart below shows the secular upward trend in net margins. The sector has a few […]
