Author Archive: Jeremy Parkinson
Weekend Reading: Markets Go On Alert
In my money management process, portfolio “risk” is “ratcheted” up and down based on a series of signals which tend to indicate when market dynamics are either more, or less, favorable for having capital exposed to the market. This model is published each week in the Real Investment Report as shown below: As you will notice, portfolios NEVER reach 100% cash […]
A Bankruptcy Of Nuclear Proportions
With the failure of Westinghouse, the future of American nuclear power looks even bleaker. (JEFF FUSCO/Getty Images) Summary In any given year, a handful of companies file for Chapter 11 bankruptcy in the United States. Rarely, however, does one of these filings reverberate beyond the boardroom and into the realm of geopolitics. Those that do […]
China Faces An Impossible Trinity As Debt To GDP To Hit Over 300% In 2-3 Years
Chinese financial engineers are currently in the process of testing what it calls the ‘Impossible Trinity’ of market feats, a Deutsche Bank report says. The level of difficulty is high as China walks a debt tightrope with rising interest rates potentially creating a tricky headwind as China’s debt servicing costs reach levels hard to manage. Can capital controls […]
Updated View On GBP/USD, USD/CAD & EUR/USD
President Trump’s rant about the dollar being too strong led to a sharp fall in the dollar on Wednesday afternoon. Of course President Trump, who seems to be enjoying the flip-flop game immensely now that he is in power, may want to consider he can’t have his cake and eat it too, i.e, he wants his […]
Q1 Earnings Season Ramps Up – Focus On Banks
Earnings results from the big banks highlight the benefits of diverse revenue streams, with JPMorgan (JPM – Free Report) and Citigroup (C – Free Report) offsetting decelerating loan growth trends with gains from their investment banking businesses. Wells Fargo (WFC – Free Report) has been dealing lately with a number of company-specific issues, but the absence of a strong investment banking franchise was very much apparent in […]
E Should You Invest In Structured Settlements Or Bonds?
The stock market is probably the most popular form of investment in the world, but that is up for debate especially given the value of transactions executed on a daily basis in the forex market. However, these two are not the only ways to invest. There is at least a dozen more alternatives out there. […]
Above The 40 – The S&P 500 Suffers A Convincing End To Bullish Divergence
AT40 = 38.2% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 57.2% of stocks are trading above their respective 200DMAsVIX = 16.0 (volatility index)Short-term Trading Call: cautiously bullish (notable caveats explained below) Commentary The 50-day moving average (DMA) is no longer golden. It figures that on a day with the smallest gain in the […]
Friday Charts: Tesla’s Absurd Valuation And Amazon’s Endless Warpath
It’s Friday in the Wall Street DailyNation. And that means we’re ditching our regular routine of commentary-based articles. Instead, we’re using charts to present some important investment and economic insights. This week, we’re tackling the pesky debate about Tesla’s valuation and the Great Retail Apocalypse of 2017. And of course, we’re sharing ways to profit […]
GBP/USD: In Range N-Term; EUR/USD: A ‘Coiled Spring’ – SocGen
The pound had its time in the sun, rising to higher ground, but this was limited to the range. EUR/USD enjoyed some higher volatility but is also somewhat confined to a range. What’s next? Here is their view, courtesy of eFXnews: Societe Generale FX Strategy Research notes that while GBP has continued to be supported by resilient economic data, uncertainty […]
Is Wells Fargo Toast?
Has Wells Fargo gone from being “the best thing since sliced bread” to “toast”? Wells Fargo (WFC) did some incredibly stupid things that came to light last fall. A bank that was a key contributor to the opening of the West and a proponent of fair business practices, and the least-fined major bank coming out […]
