Author Archive: Jeremy Parkinson
Is This The Debt Jubilee?
Not so long ago the financial world viewed certain numbers as limits beyond which lay trouble. Interest rates near zero, for instance, were long thought to risk destabilizing the banking system. And government fiscal deficits above 3% were considered so dangerous that exceeding this level was prohibited by the Maastricht treaty that all euorzone members […]
The Massive Market Meltup
Reviewing the incredible rally over the past 5 weeks and what it means for the market going forward. I also provide some of my best stocks to be watching at this moment in time. (Video length 00:18:14)
SP 500 And NDX Futures Daily Charts – Stock Option Expiry For March Tomorrow
Stocks were getting jammed higher in fairly light trading today, led by the SP futures more than anything else. Some might consider this some preliminary action to the March stock option expiration tomorrow. Then again, perhaps it is just more animal spirits, brewed by those moonshiners at the Fed. Have a pleasant evening.
Your Money In The Bank Will Be Gone
For anyone who has money in the bank today, it is virtually guaranteed that in the next 5-7 years either the bank will be gone or the money will be worthless, or probably both. Governments and Central Banks are now supreme experts in the total destruction of your money. They are constantly adding new methods […]
5 Stocks To Watch Post-Fed Rate Announcement
Investors breathed a sigh of relief after the Federal Reserve left interest rates unchanged at the end of its two-day policy meeting. Additionally, it indicated that only two rate hikes were likely during the course of this year. During the press conference that followed, Fed Chair Janet Yellen said the central bank was weighing contradictory […]
Amazon Dips As Apple Said To Shift Some Cloud Spend To Google
Amazon (AMZN) is trading lower Thursday following multiple reports that it has lost some of Apple’s (AAPL) business for its AWS cloud service. Though the iPhone giant is not said to have fully abandoned Amazon’s platform, it has reportedly switched a sizable portion of its spending to Google (GOOG, GOOGL). Research firm Pacific Crest argues […]
Fractal Analysis Shows Coming ’70s-Style Gold Stocks Rally From Even Cheaper Levels
In terms of the gold price, gold stocks are currently at better value than at the beginning of the bull market in 2001. In 2001, at the bottom of the gold bull market, the XAU to Gold ratio was around 0.2 compared to 0.05 today. In other words, gold stocks are cheaper than they were […]
RBS Goes To Robo-Advisors, Fires Hundreds; Real Advisor Requires £250,000
The Royal Bank of Scotland fired 220 advisors and instead will use robots to answer customer’s investment questions. To talk to a real person you need £250,000. That’s about $362,000. RBS says this is what customers want. RBS Fires 220 Advisors Please consider RBS Cuts Hundreds of Jobs as FCA Approves ‘Robo-Advisers’. Royal Bank of Scotland […]
Vectren Corp – Chart Of The Day
The Chart of the Day belongs to Vectren Corp (NYSE:VVC). I found the utility stock by using Barchart to sort today’s All Time High list first for the highest number of new highs in the last month then again for technical buy signals over 80%. Since the Trend Spotter signaled a buy on 2/1 the stock gained 16.79%. Vectren Corp., through […]
The Federal Reserve’s Path: Four Hikes, Two Hikes, Zero Hikes, QE4
Three months ago, the Federal Reserve anticipated raising overnight lending rates four times in 2016. Now they are projecting just two hikes. At this rate, by the time June rolls around, Janet Yellen’s Fed will declare zero changes to interest rate policy for the entire calendar year. And in the fall? If there’s enough financial […]
