February Jobs Report
Mar 11, 2017
Jeremy Parkinson
Finance
Podcast: Play in new window | Play in new window (Duration: 13:15 — 7.6MB) DOW + 44 = 20,902 SPX + 7 = 2372 NAS + 22 = 5861 RUT + 5 = 1365 10 Y – .02 = 2.58% OIL – .84 = 48.44 GOLD + 3.70 = 1205.50 The US added 235,000 new jobs in February, and the unemployment […]
5 Junior Miners Trading At Discounts To Their Peers
Mar 11, 2017
Jeremy Parkinson
Finance
TM editors’ note: This article discusses one or more penny stocks and/or microcaps. Such stocks are easily manipulated; do your own careful due diligence. The Price-to-NAV multiple shows investors how expensive a stock is compared to its Net Asset Value, and can be compared to its industry peers. Today, we have shortlisted junior miners to […]
Telefonica SA – Chart Of The Day
Mar 11, 2017
Jeremy Parkinson
Finance
The Chart of the Day belongs to Telefonica SA (TEF). I found the telephonic communications stock by using Barchart to sort Today’s Top Stock to Own list first for the most frequent number of new highs in he last month then again for technical buy signal of 80% or better. Since the Trend Spotter signaled a buy on 12/30 the stock […]
SPX: New Bull Market Territory Awaits
Mar 10, 2017
Jeremy Parkinson
Finance
In my post of February 9th, I mentioned the importance of the World Market Index breaking, and holding above, 1750, as a potential signal of support for world equities, in the longer term, including that of the S&P 500 Index (SPX). Since then, the World Market Index has, indeed, broken above and dipped back below 1750 several times, and closed out this week (March 10th) just above […]
Emerging-Market Superstars: Hidden In Plain Sight
Mar 10, 2017
Jeremy Parkinson
Finance
By Alliance Bernstein Great companies can come from anywhere, and emerging markets have more than their fair share. We’ve identified three megatrends we expect to give birth to tomorrow’s superstars—and that no globally inclined portfolio should be without. The case for emerging equities has improved. Bellwether gauges of collective emerging-market (EM) economic growth—including China’s power, […]
Mugged By Reality; Many Still Yet To Be Convinced
Mar 10, 2017
Jeremy Parkinson
Finance
In August 2014, Federal Reserve Vice Chairman Stanley Fischer admitted to an audience in Sweden the possibility in some unusually candid terms that maybe they (economists, not Sweden) didn’t know what they were doing. His speech was lost in the times, those being the middle of that year where the Fed, having already started to […]
Trump Effect: Week In Review – Friday, March 10
Mar 10, 2017
Jeremy Parkinson
Finance
This week, health care reform was in the spotlight, with the House Republicans introducing the “American Health Care Act,” intended to repeal and replace the so-called “Obamacare.” Meanwhile, President Donald Trump once again took to Twitter to discuss drug pricing, reiterating his commitment to increase competition in the pharmaceutical sector. HEALTH CARE: On Monday night, […]
States Consider Removing Income And Sales Taxes From The Monetary Metals
Mar 10, 2017
Jeremy Parkinson
Finance
Listen to the Podcast Audio: Click Here Precious metals markets can certainly be volatile from week to week, but over time they are a more reliable store of value than Federal Reserve Notes. Gold and silver remain the world’s most enduring and most widely recognized form of money. And, as spelled out in the […]
Emerging Markets: What Has Changed – Friday, Mar. 10
Mar 10, 2017
Jeremy Parkinson
Finance
Written by my colleague Dr. Win Thin In the EM equity space, as measured by MSCI, Egypt (+3.5%), Korea (+0.9%), and Hong Kong (+0.5%) have outperformed this week, while Peru (-5.1%), Russia (-4.6%), and Brazil (-3.0%) have underperformed. To put this in better context, MSCI EM fell -0.4% this week while MSCI DM fell -0.1%. […]