Deflation Welcome! Lower Third Of Population Goes Deeper In Debt, Cannot Afford Any Price Increases
Mar 30, 2016
Jeremy Parkinson
Finance
A new PEW study on Household Incomes and Expenditures goes a long ways towards explaining why economists who expected a big jump in consumer spending based on falling gasoline prices were dead wrong. The study shows that although expenditures recovered from the downturn, income did not. Also, low-income families spent a far greater share of their income […]
Closer To The Shovel-Ready Resurrection
Mar 30, 2016
Jeremy Parkinson
Finance
Household spending in February 2016 in Japan rose year-over-year for the first time in six months. That was the sum total of any good economic news for the monetary-stricken economy, and it doesn’t really survive closer inspection. The rise in spending was due largely to “other” activities you don’t associate with strong economic rebounds. The […]
Market Talk – March 30, 2016
Mar 30, 2016
Jeremy Parkinson
Finance
Asia followed the bullish tone provided by the Federal Reserve with a gap higher opening of around 1%. Mainland China and Hang Seng managed to build upon this enthusiasm eventually closing up almost 2.5% each. The same could not be said of Japan when the Nikkei had problems holding the 17k psychological level. Tomorrow being […]
SP 500 And NDX Futures Daily Charts – VIX At Year Lows – April Fools On Friday
Mar 30, 2016
Jeremy Parkinson
Finance
Smells like the end of quarter is drawing closer. Let us spare no effort to mark up those fees and bonuses, as fleeting as the moment may prove to be. Lets see how stocks do tomorrow ahead of the Payrolls report, and the dawn of the second quarter and April Fool’s Day. Have a pleasant […]
LM Funding Reports Fourth Quarter And Full Year 2015 Results
Mar 30, 2016
Jeremy Parkinson
Finance
TAMPA, Fla., March 30, 2016 (GLOBE NEWSWIRE) — LM Funding America, Inc. (NASDAQ:LMFA) (NASDAQ:LMFAW), a specialty finance company offering unique funding solutions to community associations, reported results for the three months and full year ended December 31, 2015. Fourth Quarter 2015 Highlights Revenue totaled $1.77 million versus $1.82 million in Q4 2014 Cash flow from operations was […]
3 Biotech Stocks That Make The Grade For Investors
Mar 30, 2016
Jeremy Parkinson
Finance
The happening but highly volatile biotech sector has been under immense pressure since the end of last year. Stressed balance sheets, growing political pressure on drug prices, and other broad-based factors had an impact on this sector, cutting short its phenomenal run. But if we are to believe Alex Berenson who said “If only the human […]
Stocks Are On The Move
Mar 30, 2016
Jeremy Parkinson
Finance
“Whenever you find yourself on the side of the majority, it is time to pause and reflect.”Mark Twain A bit of a quiet day for some but the breakouts are holding and markets are acting great with some stocks set to further push us higher with new breakouts coming. We look great for a strong […]
We May Have Just Witnessed A Generational Peak In Corporate Profit Margins
Mar 30, 2016
Jeremy Parkinson
Finance
Over the past few years I’ve written a fair amount about the record-high levels of corporate profit margins. I’ve been focused on this topic because corporate earnings are one of the most popular ways to value equities thus the sustainability of record-high profit margins should be an issue of great concern to investors. If profit margins revert to […]
EUR/USD Tests Resistance After CPI Data
Mar 30, 2016
Jeremy Parkinson
Finance
EUR/USD 2 Hour Chart (Created using Marketscope 2.0 Charts) The EUR/USD is testing resistance this morning, but has failed to breakout despite a series of high importance news events. This morning EUR German CPI (YoY) figures were released at .3%. This was better than the expected value of .1%. Even with this news, the […]
Central Banks: Less Pain Now Often Brings More Pain Later
Mar 30, 2016
Jeremy Parkinson
Finance
Fed Playing A Dangerous Game Yellow flags are waving in numerous corners of the market regarding global central banks. As illustrated recently with the three legs of the stool story, monetary policy is not immune to the law of diminishing returns. From The Wall Street Journal: Central bankers are playing a dangerous game, and they are running out […]