3 Hot Fintech Stocks To Invest In Now
Oct 10, 2017
Jeremy Parkinson
Finance
Technology stocks have been leading the stock market rally as of late and one industry within the tech sector has been particular good to investors. I am talking about fintech stocks. Just what are fintech stocks? Fintech stocks are financial companies that are disrupting the way we traditionally do business thanks in large part to […]
This Pullback Is Important… But It’s Not What You Think
Oct 10, 2017
Jeremy Parkinson
Finance
The markets as reflected by the Dow Jones Industrial Average dipped as much as .15% on Friday to close .03% lower than they did on Thursday’s close, giving us the first pullback in something like eight trading days. Markets pared those miniscule losses in mere minutes yesterday morning to hit – you guessed it – […]
The Case Against Pluralism In Economics
Oct 10, 2017
Jeremy Parkinson
Finance
There is a scientific consensus among economists on core principles and concepts. Economics professors teach practically the same principles (i.e. comparative advantage, opportunity cost, price elasticity) even though we disagree on some specific policy issues. Debates over policy issues do get a great deal of attention, but economists generally agree on a basic set of […]
Bitcoin Surges Above $4900 Amid Catalan ‘Independence’ Declaration
Oct 10, 2017
Jeremy Parkinson
Finance
Bitcoin began accelerating ahead of Catalan leader Puigdemont’s initial speech time, but after his delayed start, the cryptocurrency accelerated higher… and is now back above $4900 for the first time since September 1st record highs…
USD Drops As Catalysts For Rebound Dissipates, NZD Drops: SW Report
Oct 10, 2017
Jeremy Parkinson
Finance
Strong/ Weak Index October 10, 2017 Highlights: The US Dollar has lost its luster after the discounted NFP came and went. The question now remains, what will be the next catalyst to buy USD? A long-term look at the daily chart of the US Dollar Index shows the downtrend remains with a failure to close above 94.20. The price peaked […]
U.S. Workforce Recovery – Tuesday, Oct. 10
Oct 10, 2017
Jeremy Parkinson
Finance
We’ve updated our monthly workforce analysis to include last week’s Employment Report for September. The unemployment rate fell to 4.2%, and the number of new nonfarm jobs (a relatively volatile number subject to extensive revisions) came in at -33K. The Unemployment Rate The closely watched headline unemployment rate is a calculation of the percentage of the Civilian […]
The Mystery Of Why There’s A Mystery
Oct 10, 2017
Jeremy Parkinson
Finance
We have an interesting week ahead, at least for an inflation guy. Of course, the CPI statistics (released this Friday) are always interesting but with all of the chatter about the “mystery” of inflation, it should draw more than the usual level of attention. That’s especially true since the mystery will cease to be a […]
The Unknown Fundamental: This Will Push The Silver Price Up Much Higher
Oct 10, 2017
Jeremy Parkinson
Finance
Precious metals investors need to understand the coming silver price surge will not occur due to the typical supply and demand forces. While Mainstream analysts continue to generate silver price forecasts based on supply and demand factors, they fail to include one of the most important key factors. Unfortunately, the top paid Wall Street analysts […]
The Next Big Crude Oil Move
Oct 10, 2017
Jeremy Parkinson
Finance
The weekly continuation chart of WTI Crude Oil displays an 18-month H&S top pattern. This is a chance that the Sep 28 high will represent the high of the right shoulder. If this analysis is correct (always a big IF), the right shoulder appears to be taking the form of a 15-week channel. Note on […]
VanEck Vectors Oil Services ETF Is Up 19% Since August. Did You Buy It?
Oct 10, 2017
Jeremy Parkinson
Finance
Back on August 4, I told you that major oil companies were raking in record cash flows. Giants like BP (NYSE: BP) and Royal Dutch Shell (NYSE: RDS-B) made more cash in the first half of 2017 than they did in 2014 when oil was more than $100 per barrel. However, one critical sector didn’t see […]