More Noise Than Signal
Aug 24, 2017
Jeremy Parkinson
Finance
A number of people have forwarded this Bloomberg article – Wall Street Banks Warn Downturn Is Coming – to me over the last couple of days. That fact alone is probably a good argument to ignore it but I can’t help but read articles like this if for no other reason than to know what the crowd […]
Stocks & Bonds Stumble On Donald’s Debt-Ceiling-Doubts & Harvey Hammering Houston
Aug 24, 2017
Jeremy Parkinson
Finance
Terrible housing data for the second day in a row, debt ceiling fears surging in bill markets, chaos in the energy complex as Hurricane Harvey nears landfall, more McConnell-Trump turmoil… and while stocks were lower, only Trannies really dropped… The market said… Video length: 00:00:04 Debt Ceiling Default Doubts continue to surge… Trannies were worst […]
Is The Enthusiasm For Charter Communications Getting Overdone?
Aug 24, 2017
Jeremy Parkinson
Finance
Shares of cable operator Charter Communications (CHTR) have been on a roll lately, rising more than 50% during the last 12 months. You would think after such a big run that the company must have had a dramatic change of fortune, but really it is just a traditional cable company offering customers bundles of services while consolidating […]
August 2017 Kansas City Fed Manufacturing Remains Positive And Improves
Aug 24, 2017
Jeremy Parkinson
Finance
Of the four regional manufacturing surveys released for August, all were in expansion. Analyst Opinion of Kansas City Fed Manufacturing Kansas City Fed manufacturing has been one of the more stable districts and their index improved. Key internals were in expansion. Note that last month the hard data showed contraction whilst all of the Fed […]
How Do You Find Partners To Invest In Real Estate?
Aug 24, 2017
Jeremy Parkinson
Finance
A real estate investment partnership can work wonders, or it can be a nightmare. The challenge is finding the right investment partner. Find a real estate partner and there is a likelihood that you can complete twice as many deals or more. Some methods for finding the right fit include an online search, word of […]
3 Patterns That Identify Market Leaders To Buy On Market Pullbacks
Aug 24, 2017
Jeremy Parkinson
Finance
Market pullbacks to major moving averages provide a great opportunity to find the stocks and ETFs that will provide great trades when the market recovers or even before! Here are 3 patterns that will help identify which stocks or ETFs are market leaders, because when a market resumes its uptrend the leaders usually provide the […]
Could The Dollar Rise By The End Of The Year?
Aug 24, 2017
Jeremy Parkinson
Finance
The Dollar We don’t know for sure what caused the dollar’s weakness, but one aspect that is probably hurting the dollar is the accelerating growth in China, Japan, and Europe. Looking at future price performance, we must consider the possibility of a dollar rally. The chart below shows the speculative positioning in the dollar. When […]
US Risk Alive And Well On Debt Ceiling Per T-Bills, UK Data Sours
Aug 24, 2017
Jeremy Parkinson
Finance
If there is one thing you can say about markets, it is that they keep you on your toes. If you were sitting with a long position in GBP or USD toward the end of 2017, you had reason to hope that there would be more money in your pocket by mid-2017 than if you were short. However, the […]
EUR/USD – Which Way Will It Break Out?
Aug 24, 2017
Jeremy Parkinson
Finance
Tomorrow could be a key breakout day for the EUR/USD. The market will be fixated on Jackson Hole speeches especially one by Mario Draghi. As we noted earlier today, “Mr. Draghi, on the other hand, must dampen any expectations of an immediate taper despite the fact that conditions in the Eurozone have improved materially and […]
Seagate (STX) Hits New 52-week Low On Dismal Q4 Results
Aug 24, 2017
Jeremy Parkinson
Finance
Share price of Seagate Technology PLC (STX – Free Report) dropped to a new 52-week low of $30.60 yesterday, eventually closing a tad bit higher at $31.01. The underperformance can be attributed to the company’s disappointing fourth-quarter fiscal 2017 results. Non-GAAP earnings plunged 41% on a sequential basis, primarily due to a 10% decline in revenues. Revenues amounted to […]