Tech Has The Most Strength, Semiconductors Are Setting Up Nicely As Well
Aug 30, 2017
Jeremy Parkinson
Finance
My Swing Trading Approach I’m choosing to stay flexible with my portfolio with a mixture of long and short setups. I don’t have a high degree of trust in this market, so maintaining the ability to flip the portfolio folio in either direction is key here. Indicators VIX – Same story every day – start higher, […]
5 Top-Ranked Stocks To Buy On Record Consumer Confidence
Aug 30, 2017
Jeremy Parkinson
Finance
Consumer confidence registered its second consecutive monthly gain in August, indicating that a strong basis for higher expenditure prevails. The Conference Board’s index increased to its second-highest level in 17 years. Consumers’ assessment of current conditions also surged to a record level. Economists have attributed consumers’ new-found confidence to strong labor and equity markets. Steady […]
Gold Hasn’t Lost Its Shine
Aug 30, 2017
Jeremy Parkinson
Finance
Gold has been shining bright this year as it slowly creeps up with higher lows. It kept getting stopped at the 123 level – until Monday. It zoomed past that barrier on strong turnover, something I like to see. It has certainly suffered from fits and starts, but given the uncertainties around the world, it […]
Lower Returns For Longer?
Aug 30, 2017
Jeremy Parkinson
Finance
Doug Ramsay from The Leuthold Group was interviewed in Barron’s over the weekend. There was one especially interesting point noting that since 1880, a 60/40 portfolio has had an average annual return of 8% but that about half of that (4.1%) has come from dividends and interest. For almost ten years the fixed income portion of this […]
September 2017 Stock Considerations
Aug 30, 2017
Jeremy Parkinson
Finance
With a new month quickly approaching it is time, once again, to lay out my potential stock picks and decide where I’d like to deploy my fresh capital for the month of September. After a pretty big month of buying in my account for August, I may have to throttle back some of my investments […]
Quick Thoughts On The Failure Of Fed-Engineered Unemployment
Aug 30, 2017
Jeremy Parkinson
Finance
I am a skeptic of thinking about low unemployment as a bad thing – which is what people who think about policy in terms of the Phillips curve do. Now a study by the Philly Fed is saying that the Phillips Curve is a poor forecasting tool. Will this have any meaningful impact on policy? […]
Consumer Confidence Can’t Be Shaken By North Korea
Aug 30, 2017
Jeremy Parkinson
Finance
US consumer confidence rose for the 4th straight month and posted its second highest reading in the last 16 years. The Conference Board said its consumer confidence index increased to a reading of 122.9 in August which was above expectations. US consumers remain upbeat thanks to the strong stock market, rising real estate prices and a […]
Change Your Behavior To Make Money
Aug 30, 2017
Jeremy Parkinson
Finance
We have a weekly swing forming on the NDX today. That would be another sign that the ICL is over. Video Length: 00:07:48
Forecasts Of The Stock Market Correction And Gold
Aug 30, 2017
Jeremy Parkinson
Finance
Some analysts expect the stock market crash or even recession in the near future. Are they right? And how it would affect the gold market? The elevated valuations of equities (see the chart below) make some investors worried about the sustainability of the current bull market. Indeed, the Shiller P/E ratio is currently about 30, […]
Billion Dollar Unicorns: Newly Public Redfin Wants To Be The Amazon Of Real Estate
Aug 30, 2017
Jeremy Parkinson
Finance
According to the National Association of Realtors (NAR), the aggregate value of existing US home sales in 2016 was approximately $1.5 trillion. Researchers estimate that 5.5 million transactions were conducted for these homes by over 2 million active listing agents and more than 85,000 real estate brokerages. Overall, these agents would have earned more than $75 […]