Author Archive: Jeremy Parkinson
S&P 500 Snapshot: Rally Day Five
Global markets rallied today. The Nikkei and Hang Seng both rose in the vicinity of 1.6% and the Euro STOXX 50 surged 3.31%. US equity indexes followed suit. Our benchmark S&P 500 opened higher and rose fractionally above 1% in the opening 10 minutes. The index then continued to rise throughout the day to its […]
A Compelling Case For General Motors’ 4.5% Dividend Yield
GM has been nothing short of an extremely disappointing business (and investment) for more than a decade. Market share losses, chronically unprofitable operations, ballooning pension and healthcare obligations, safety issues, vehicle recalls, a massive government bailout during the financial crisis, and more have left investors’ skeptical of GM since its relisting in late 2010. More recently, […]
Market Talk October 5th, 2015
The market reaction to the US data on Friday has confused many with both stocks and Bonds bouncing into the close. Overnight the Asian equity markets have continued the positive response which has also carried into the European opening but interestingly – only for equities. The reaction in the bond markets is we have seen US 10’s remain just […]
SP 500 And NDX Futures Daily Charts – 3Q Earnings Season Starts This Week
US corporations will begin announcing their 3Q numbers shortly. The economy continues to flounder, so the earnings may obtain additional attention. I am sitting largely in cash after today’s rally. Have a pleasant evening. Click on picture to enlarge Click on picture to enlarge Click on picture to enlarge Click on picture to enlarge […]
Financial Repression – Governments Boost Their Coffers And Hold Down Interest Rates
Treasury Secretary Jacob Lew said the government will run out of money to pay its bills sooner than previously thought around November 5, 2015. Lacking sufficient cash, it would be impossible for the United States of America to meet all of its obligations for the first time in our history. Again, another year, to increase […]
Can This Food & Beverage Giant Surprise Investors In This Quarter’s Earnings Report?
Pepsi Co. (PEP) will report its third-quarter earnings Tuesday before the market opens. Wall Street analysts are anticipating an EPS of $1.27 and Revenue of $16.19 Billion. The Estimize consensus is more optimistic, expecting an EPS of $1.30 and Revenue of $16.28 Billion. Can the North American Business Provide Growth? Pepsi Co’s North American Business consists […]
A Global Recession Is Coming… And It Won’t Be Pretty
Syracuse, Sicily – “When in doubt, go to Italy” is the saying. We are always in doubt. What better place to go? Today, a warning about why a global recession is now likely. But first, an update on Sicily… where we’ve spent the last few days exploring. Sicily is not exactly Italy. It sits in […]
There Is No Rally – Yet
Do not be fooled by the headlines or talking heads on TV. I am a great believer in Technical Analysis but I’m not a day trader. I look at trends in technical data from as short as 14 days to as long as 1 year plus a whole lot of technical trends with time frames […]
America Is A Time Bomb: Next Dollar Crash Will Be The Last
In his latest appearance on InfoWars with Alex Jones, Peter Schiff discussed the Friday jobs report numbers. Peter explains why he thinks the United States could be facing an official recession if third quarter GDP growth turns out to be negative. Peter and Alex also discussed how the world is losing its confidence in American […]
The Sky Is Not Falling…Yet
The Employment Report on Friday was bad – but it wasn’t the unmitigated disaster that the consensus seems to have spun it into. It is true that there were no bright spots. It is true that the net number of new jobs added was worse than consensus and indeed worse than some of the more pessimistic expectations. […]
