Author Archive: Jeremy Parkinson
Global Markets End On A Positive Note
Global financial markets ended the week on a positive note with an upward boost from Brazil, Hong Kong and Indian share markets, which were up 5%, 4.1% and 2.1% respectively. While the US markets ended the week marginally lower by 0.2%, major European indices like German Dax and London’s FTSE 100 share markets also ended the week on a positive […]
Stocks And Precious Metals Charts – I Shall Not Want
“Teach me your way, Lord, that I may rely on your faithfulness; give me an undivided heart, that I may fear your name. I will praise you, Lord my God, with all my heart; I will glorify your name forever. For great is your love towards me; you have delivered me from the depths and […]
The Cyclicality Of Share Buy-Backs: Costco Edition
Currently looking through Costco (COST) – one of the finest companies I know. (We do not own a stake…) Anyway this is hardly a Costco specific comment – but here is a run of their buy-backs (after issuance/option exercise etc). Negative numbers are net repurchases Year Ended Cash from stock issuance ($million) 2016 -412 […]
The Administration Considers Raising Taxes
On imported steel, that is From Politico today: STEEL REPORT COULD COME NEXT WEEK: Commerce Secretary Wilbur Ross is expected as early as next week to give President Donald Trump a menu of options for restricting steel imports, senators said after a closed-door meeting with the Cabinet official Thursday afternoon. The avowed basis for these restrictions would […]
FV The Long-Term Outlook For Stocks – Saturday, July 15
Are Previous Signals Still In Place? Video Length – 00:21:45
Poor Data Close Another Window Of Opportunity For A Dollar Recovery
There were some technical indicators that suggested there was an opportunity for the US dollar to stage a recovery. However, the poor retail sales data and lack of upside surprise on CPI closed that window of opportunity and left the dollar vulnerable to losses to start the new week. Although June inflation and consumption data are unlikely to have […]
EC HH A Recipe For Disaster
Justice does not always get served in the stock market because financial markets are not always efficient in the short-run (see Black-Eyes to Classic Economists). However, over the long run, financial markets usually get it right. And when the laws of economics and physics are functioning properly, I must admit it, I do find it especially refreshing. […]
Complacency Abounds
Podcast: Play in new window | Play in new window (Duration: 13:15 — 7.6MB) DOW + 84 = 21,637 (record) SPX + 11 = 2459 (record) NAS + 38 = 6312 RUT + 3 = 1428 (record) 10 Y – .03 = 2.32% OIL + .52 = 46.60 GOLD + 11.10 = 1229.40 BITCOIN – 3.39% = 2156.96 USD […]
The Mighty U.S. Shale Oil Industry To Lose Another $20 Billion In 2017
Well, it looks like the U.S. shale oil industry is going to chalk up another lousy year of financial losses in 2017. This shouldn’t be a surprise as the U.S. shale oil industry hasn’t made any real money since 2008. However, I still read articles suggesting that the United States will still become energy independent […]
