Author Archive: Jeremy Parkinson
US Dollar Bear Market Continues: COT Report
Looking at this week’s Commitments of Traders Report, bullish extremes continue in long crude oil, the euro, and the British pound. Net-long positions have also grown this week for the two currencies and the commodity. The purpose of this report is to track how the consensus is positioned across various currencies and commodities. When net […]
After A Disappointing GDP Print, Investors Take Stock Of The State Of The Economy
Last week was a busy one, as the pace of corporate earnings picked up considerably. President Trump spoke at the World Economic Forum in Davos ahead of this week’s State of the Union Address, and we received our first look at how the domestic economy fared in January. For team Tematica, last week meant attending […]
Why Sell Covered Calls?
Sellers of covered calls seek two objectives: additional income from their stock portfolio and protection from a market decline in the price of their stocks. The call premium helps the option writer to achieve these goals. With the covered call strategy, you can use stocks you already own or you can purchase new shares to […]
S&P Rally Continues To Fire As Dow Breaks Out Again
Another firm round of gains across all markets kept things buoyant. The Dow managed a fresh breakout from channel resistance on higher volume accumulation. This has the look of yet another channel acceleration as the chance for a parabolic blowout increases. The Nasdaq finished at new highs but hasn’t yet made it into the 10% […]
Week In Review: Stocks Rally On Strong Earnings
The bulls remain in clear control of this market as the impressive rally continues unchecked. There are a few important things to note: The market is extremely extended. It refuses to fall. In fact, pullbacks last a few hours, not even a few days. Even stocks that gap down on earnings are almost immediately bought […]
Mr. 50-Cent VIX Strikes Again
A person or fund has been making enormous bets on VIX calls priced near 50 cents. The CALL volume spiked again Friday. Bloomberg reports ‘50 Cent’ Is Buying Up Big on March VIX Calls. Trading patterns associated with the trader dubbed “50 Cent” resurfaced on Friday as 50,000 March VIX calls with a strike […]
Unraveling Retirement Strategies: Floor-And-Upside (An Update)
When a reader recently quoted me from a four-year-old post, I realized I needed to update a few of them. I’ve learned some things in the past few years and, like many of us who research retirement finance, my thinking has “evolved.” (My wife would undoubtedly question both claims, but I refer specifically to retirement […]
Higher Volatility Threatens The SPX: Important Levels To Monitor
In my 2017 Market Wrap-Up post, I referenced major support (200) and resistance (280) as levels worth monitoring on the SPX:VIX ratio, on a monthly timeframe. The following updated monthly chart of the SPX:VIX ratio reveals a few interesting things: All of the monthly closes since July 2017 have been above 225. December ’17 and January ’18 […]
McDonald’s (MCD) Q4 Earnings Likely To Reflect Comps Growth
McDonald’s Corp. (MCD – Free Report) is set to report its fourth-quarter 2017 numbers on Jan 30, before the bell. Last quarter, the company pulled off a positive earnings surprise of 0.57%. In fact, McDonald’s earnings surpassed the Zacks Consensus Estimate in each of the last four quarters, with an average beat of 5.21%. Notably, […]
Amid Scramble To Contain Euro Strength, ECB’s Knot Says QE ‘Must End ASAP’
I’m not sure what exactly Klaas Knot (he’s president of the Dutch Central Bank) was trying to accomplish on Sunday by reiterating an aggressively hawkish message, but it seems to me that in light of recent events, this is not the time to be making bold pronouncements about how QE needs to be wound down immediately. I mean […]
