Author Archive: Jeremy Parkinson
Massive Cascade Of Eurozone Defaults Coming Up
As soon as any major country exits the Eurozone (and possibly some lesser ones), a cascade of defaults, unparalleled in history will commence. The only way to stop such a cascade would be if the ECB guaranteed (printed) enough euros to cover losses. Meanwhile, the already high Eurozone default risk keeps rising. From Eurointelligence via […]
Triple-Energy Whoosh
Since the god-damned bulls got eight years to suck off the government teat, how about we bears we an eight years of destruction and mayhem, just to even the score? I could really get used to a market like this, where my short positions fall every single day. One other success is a long position, but don’t get fooled into thinking […]
J.Jill Debuts On NYSE Amid Continued Negativity On Retail Names
As an unloved retail sector continues to grapple with the rise of e-commerce alongside declining mall and department store traffic, research firm Mizuho downgraded multiple names in the space Thursday on the industry’s still-cloudy outlook. The firm’s recommendation coincided with J.Jill’s (JILL) launch on the New York Stock Exchange, which was met with lukewarm response […]
Ulta Beauty Inc. 4Q Earnings Beat, But 2017 Forecast Mixed
Ulta Beauty Inc. (NASDAQ:ULTA) late Thursday [Mar 9, 2017 | 4:00pm] posted market-beating fourth quarter results, but its mixed 2018 outlook sent investors rushing for the exits in aftermarket trading.
Gold’s Relationship With Inflation
Back at the top of the year, we wrote ETF prescriptions for the higher interest rate and inflation environment likely to emerge under the new administration (see “ETFs For High Rates And Inflation,”). Of the 11 ETFs we highlighted, none were gold portfolios. Why, several people asked me, did we forget bullion? Isn’t gold an inflation […]
Agriculture Markets Report – Thursday, Mar. 9
A review of the day’s trading in the agriculture markets. Video Length: 00:11:40
A Review Of Commodities And Currencies – Thursday, Mar. 9
Inflation-sensitive areas of the market were hit hard but then stabilized near the close. What is this spreadsheet telling us? The US Dollar is stronger relative to the Emerging Market currencies and the Euro. This means avoid commodities and the commodity-related stocks, and focus investments on US stocks over foreign. This chart below doesn’t look too […]
Does Buffett’s Big Buy Signal A Top In Apple?
For decades legendary investor Warren Buffett refused to buy technology stocks. He missed the huge bull market in the mid to late 1990’s and people repeatedly questioned his decision in light of the obvious tech revolution. After the dot-com bubble burst he looked brilliant, for a while at least. Interestingly, Buffett avoided tech stocks not […]
EC Same Country, Different Worlds
To my mind, “reflation” has always proceeded under false pretenses. This goes for more than just the latest version, as we witnessed the same incongruity in each of the prior three. The trend is grounded in mere hope more than rational analysis, largely because I think human nature demands it. We are conditioned to believe […]
More Trouble?
I don’t know if maybe you noticed, but this is playing out exactly like I said it probably would. In fact, I’m not sure I’ve ever been quite this right in terms of the direction things seem to be headed. No, stocks haven’t plunged (yet), but what you’re seeing is the reflation narrative dying on […]
