Author Archive: Jeremy Parkinson
S&P 500 And Nasdaq 100 Forecast – Friday, Nov. 18
S&P 500 The S&P 500 rallied during the day on Thursday as we continue to see buyers jump into this market. With this being the case, I think that every time we pullback you have to start thinking about going long as we are pressing up against a significant high as the 2200 level. If […]
The Bear’s Lair: The Years Of Fiscal Profligacy
The IMF last week released figures showing that word debt had reached $152 trillion, a record 225% of world GDP. Even though governments’ borrowing costs are ultra-low, budget deficits in the U.S. Britain and Japan are running at extraordinarily high levels, yet all the chatter is about ways to increase them rather than rein them […]
Stocks Pop Higher As U.S., U.K. Inflation Pose Gains
The big data points of the morning have been inflationary prints out of the U.S. and the U.K; with both showing gains compared to prior prints. Inflation for the month of September in the United States printed at 1.5% versus last month’s 1.1% number; core inflation came in at 2.2%, a bit below the expectation which was […]
Saudi Arabia Launches Sale Of 5, 10 And 30 Year Bonds, Seeks To Raise Up To $15 Billion
Saudi Arabia has officially launched its much anticipated, first international bond sale on Wednesday, as the kingdom turns to debt markets to help ease a fiscal squeeze from the two-year slump in oil prices, which has slammed not only the country’s economy, leading to a period of unprecedented austerity resulting in widespread job cuts and […]
UK & US Inflation Data To Shed Light On Fed’s Decisions
After a slow trading day on Monday due to lack of fundamentals across the board, Tuesday comes with many key economic releases for two central banks, which set to have a notable impact on the markets. Eyes turn to the UK and the US inflation data, which may give us more clues about their upcoming […]
Jefferies Sees ‘Attractive Buying Opportunities’ In Biotech
The Jefferies Biotechnology team sees “attractive buying opportunities” amidst the pre-election weakness. While volatility will likely continue into the election, valuation multiples are near-historic lows and policy concerns, while valid, are likely overstated, the analysts tell investors in a research note. They recommend using the weakness to buy select names ahead of a potential improvement […]
3 Top-Rated PIMCO Mutual Funds To Buy Now
Pacific Investment Management Company, LLC (commonly known as PIMCO) is an internationally acclaimed investment management firm. The company provides a wide range of financial services in 12 countries with the help of more than 2,200 employees and over 700 professionals. PIMCO offers a broad lineup of investment solutions to its clients that encompass the entire […]
Goldman Sachs, BlackRock Report Strong Earnings
Goldman Sachs (GS) and BlackRock (BLK) released their third quarter earnings reports before opening bell this morning. Goldman Sachs posted earnings of $4.88 per share on $8.17 billion in revenue. Analysts had been expecting earnings of $3.82 per share and $7.36 billion in revenue. In last year’s third quarter, the firm posted $2.90 per share […]
4 Stocks To Watch After The Market Closes Today
Intel (INTC): Intel, like many of its peers, has shifted its focus away from its waning legacy business toward high growth markets such as AI, IoT Data Centers and Security. Last quarter the company saw these segments jump on a year over year basis with expectations to do the same on Tuesday. Client Computing was one […]
The Dow Jones Transportation Index – October 18, 2016
The Dow Jones Transportation Index… Last week we showed the Dow Jones Transportation Index chart and commented that a big test day was in play against a very important resistance line. Well, a week has gone by and the Transports still have not broken its upper resistance line yet. That is the current test that […]
