Author Archive: Jeremy Parkinson
UK Manufacturing Output Beats With 0.4% – GBP Rises
Industrial output is up while the trade deficit widens. The pound prefers to see the glass half full with GBP/USD heading towards 1.32. UK manufacturing output is up 0.4% m/m and 2.8% y/y, better than projected. The wider industrial production is up 0.2% as expected but 1.6% y/y, beating expectations. On the other hand, the trade […]
Dividend Champion Portfolio October Update
The High Yield Dividend Champion Portfolio is a publicly tracked stock portfolio on Scott’s Investments. Its goal is to capture quality high yield stocks with a history of raising dividends. The screening process for this portfolio starts with the “Dividend Champions” as compiled by DRIP Investing. The list is comprised of stocks that have increased their dividend payout for […]
The Truth About The “Estate (Death) Tax”
As Benjamin Franklin once eloquently put it, there are only two things in this world that are certain: death and taxes. While taxes in many forms are a reality for every American in one form or another, the odds of you having to face estate taxes at the time of your death are demonstrably small. There’s been […]
GBP/USD Builds Wave 4 Correction In Downtrend Channel
GBP/USD 4 hour The GBP/USD is building a bullish retracement in the downtrend channel (red line) which could be part of a larger wave C or 3 (green). 1 hour The GBP/USD is probably building a deeper bullish retracement via a wave 4 (orange). This wave 4 (orange) becomes less likely if price breaks above […]
EUR/USD Daily Analysis – Tuesday, October 10
EUR/USD stays below a descending price channel on its 4-hour chart and remains in the downtrend from 1.2092. As long as the price is in the channel, the downtrend could be expected to continue and another fall to test 1.1662 support is still possible. A breakdown below this support level could bring price to the […]
Irrational Spending
Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB) DOW – 12 = 22,761 SPX – 4 = 2544 NAS – 10 = 6579 RUT – 6 = 1503 10 Y bond market closed OIL + .23 = 49.52 GOLD + 7.50 = 1284.60 Cryptocurrency Number of Currencies: 874 Total Market Cap: $151,863,387,347 24H Volume: $4,534,543,782 Top Cryptocurrencies Name […]
When Mean Reversion Fails
Are equities overvalued? Is the economic expansion long in the tooth? — In attempting to answer these questions, we often look to averages: -What is the average valuation? -What is the average length of an expansion? We then take the present environment and compare that to the average past to make definitive statements about the […]
EUR/USD Ticking Higher Ahead Of Crucial Moment In Catalonia
EUR/USD is trading slightly higher in the well-known range at 1.1770, It is some 30 pips above the levels seen earlier in the day. Resistance awaits at 1.1790 and support is at 1.1685, the extremes seen in recent days. Is this the calm before the storm? Markets are not pricing in a deterioration in the […]
September 2017 Payrolls Report Distorted
The much awaiting monthly payroll figures from the US showed that the economy was hit by the two hurricanes in September. However, the underlying data although a bit distorted suggests long-term pressures building up. Summary: Payrolls decline 33,000 in September, missing estimates of 82k increase August payrolls revised higher to 169k Unemployment rate falls to […]
Mapping The World’s Trillion-Dollar Asset-Manager Club
In the late 1700s, it was the start of the battle of stock exchanges: in 1773, the London Stock Exchange was formed, and the New York Stock Exchange was formed just 19 years later. And while London was a preferred destination for international finance at the time, Visual Capitalist’s Jeff Desjardins notes that England also had laws that […]
