Author Archive: Jeremy Parkinson
Liquid Natural Gas Demand To Spike In 2019
Demand, as reported by the EIA for Liquid Natural Gas Capacity, will remain pretty stable in 2018. However, it appears that demand is set to spike pretty sharply in 2019: We believe that natural gas prices will remain relative stable in 2018 as supply is strong. Keep in mind however that exports are at an […]
Will The Data Tell Us When The Next Bust Is Due?
Most economists are of the view that by means of economic indicators it is possible to identify early warning signs regarding an upcoming recession or prosperity. What is the rationale behind this approach? The National Bureau of Economic Research introduced the economic indicators approach in the 1930’s. A research team led by W.C. Mitchell and […]
Indian Indices Lose Steam, India’s GVA Recovery, And Top Stocks In Action
On Tuesday, share markets in India opened in green but ended on a weak note. The BSE Sensex closed lower by 99 points to end the day at 34,346. While the broader NSE Nifty ended the day lower by 28 points to end at 10,554 levels. Among BSE sectoral indices, bank stocks fell the most […]
New Homes Sales ‘Normalized’ Rather Than Dropped
New home sales dropped last month, but I think “normalized” would be a better description. Dr. Bill Conerly based on Census Bureau data New home sales On the accompanying chart, I show the data (seasonally adjusted, annual rates) as reported by the Census Bureau, along with my own calculation of the 12-month average before last year’s […]
Where Did Today’s Natural Gas Support Come From?
The April natural gas contract took over as the prompt month contract today, and despite early morning declines prices were able to bounce through the day and pulled back only slightly into the settle. Prices initially bounced just above the $2.62 level we had been watching this morning. After that test, though, we saw a […]
The Market Presents The Camel Dance Competition
U.S. Army Camel Corps. The scene in the photo depicts a soldier, apparently leading the charge, somewhere in the Southwest, USA, whilst atop a camel. I find the idea of a camel as mode of military transport fascinating. In 1855, under the direction of then-Secretary of War Jefferson Davis, Congress appropriated $30,000 for “the purchase […]
Why Lithium ETF Plunged To Start The Week
Lithium has witnessed robust gains in the recent past, as bullish trends for electric carmakers have made investors park their money in lithium-focused investments. This is because electric cars are powered by lithium ion batteries and major carmakers across the world have been betting on the said commodity, in order to take advantage of the […]
Silver And Gold Stocks Ready To Test Recent Lows
(Audio length 00:07:16) Doc joins me today to look at the metals charts and assess the likelihood of recent resistance to hold. We also look to the gold stocks and the near breakdown they are at.
Stocks And Precious Metals Charts – Powell Makes Hawkish Squawk
The new Fed Chairman deluxe was answering questions before the Congress today. And the old chairs, Zimbabwe Ben and Janet, were discussing economic war stories, tall tales, and their mighty bubble adventures at the Brookings Institution today. Mr. Jerome Powell, may I call you Jay? Well, apparently Jay said something to our august lawmakers that the markets […]
