Author Archive: Jeremy Parkinson
‘Hawkish’ Powell Sinks Stocks & Bonds As VIX Curve Re-Inverts
Just when you thought it was all over… Video length: 00:01:55 Quite a chaotic day across asset-classes today – the most chaotic since the XIV crisis moves… Once Powell had finished his prepared remarks and confidently expressed his expectations for the economy (and rate hikes), stocks tumbled (as rates spiked)… Only The Dow managed to […]
The Pricking Of The Canadian Real Estate Bubble?
First of all, sorry for the lack of posts lately. Long story, but rest assured, I am back on track and the old ‘tourist regular postings have resumed. Next up, today I will write about Canadian real estate. I know, many of you find that about as exciting as watching Winter Olympic curling, but give […]
Consumer Confidence Highest Since 2000
The latest Conference Board Consumer Confidence Index was released this morning based on data collected through February 15. The headline number of 130.8 was an increase from the final reading of 124.3 for January, a downward revision from 125.4. Today’s number was above the Investing.com consensus of 126.2. Here is an excerpt from the Conference Board press release. “Consumer confidence […]
How Shorting The VIX Blew Up The Market, And Why It Could Again
If you didn’t know what the Chicago Board of Options Exchange Volatility Index (VIX) is, you almost certainly do now after the correction. Plenty of regular investors don’t realize how the VIX works, though – what makes it move up, down, and sideways. You can’t trade the VIX directly – it’s a mathematical calculation, after […]
The Short-Term Trend Continues To Point Higher
The short-term trend continues to point higher as shown by today’s tick higher in the PMO index. The best period of time in the short-term trend for purchases is when this index is moving higher after scrapping along the lows. When it gets to the top of the range, it will be time to let […]
Is Apple (AAPL) Really A Value Stock?
Apple (AAPL – Free Report) reported lower-than-expected iPhone sales in its most recent quarter, and all signs point towards its special-edition iPhone X smartphone being less desired than investors originally hoped. To skeptics, this sluggishness foreshadows Apple’s decline from its leadership position in the tech sector. But for others, Apple’s slightly-disappointing iPhone sales underscore a need for […]
Square Inc. Earnings Results For Q4 2017 Boost Stock
Square Inc. (NYSE: SQ) released its Q4 2017 earnings report after closing bell. On an adjusted basis, Square earnings amounted to 8 cents per share on $616 million in total net revenue or $283 million in adjusted revenue. Analysts had been expecting Square earnings for Q4 2017 to amount to 7 cents per share on $266.6 million […]
Why An Aging Millennial Population Means More Good Times Ahead For Home Improvement Retailers
This week me and Christine Short, are joined by Jeff Macke, head of Macke Asset Management and Spencer Jakab, Deputy Editor for Wall Street Journal’s Heard on the Street. The group discusses the final leg of Q4 earnings season with retail reports from the department stores and consumer electronics, and how home improvement retailers and home […]
The World’s Cobalt Supply Is In Jeopardy
Disney’s Black Panther is in theaters right now, breaking all kinds of box office records and wowing audiences. The film features a fictional, highly-advanced African country known as Wakanda, whose vast wealth and prosperity are derived almost exclusively from the mining of a rare, fantastical metal called vibranium. In its own colorful way, Black Panther does an excellent job […]
