Author Archive: Jeremy Parkinson
Solid Sale Of 7 Year Paper Ends Streak Of Poor Treasury Auctions
Following two disappointing auctions earlier this week when first the 2Y and then the 5Y auctions either demonstrated a substantial drop off in bid-side interest or priced wildly through the when issued, we said to await today’s 7Y auction for the true picture of demand for primary paper, as the first auction took place when […]
SharePlanner Reversal Indicator: Sellers Remain On The Sidelines
We had a very light and shallow sell-off last week, and sometimes that is as good as you will get in a monster rally like we are in. When the bears have every opportunity to kill a rally and pull the market back some and they fail to do so, that isn’t the time to double down […]
Five S&P 500-Beating Stocks To Buy For The Rest Of 2016
Worries over the global economic outlook, along with volatile oil prices and commodities rout, have led investors to dump riskier stocks and scurry toward safe-haven assets, such as gold and government bonds. While the U.S. economy with its moderate growth expectations amid the global mayhem offers an attractive investment opportunity, the global concerns have spread […]
2007 All Over Again, Part 4: “We Are Outsourcing Our Monetary Policy”
<< Read More: 2007 All Over Again? Let Us Count The Ways (And Remember What Happened Then) – Part 1 << Read More: 2007 All Over Again? Mega-Merger Edition – Part 2 <<Read more: 2007 All Over Again: Banks Starting To Implode – Part 3 In that deservedly-famous 2006 CNBC debate between Peter Schiff and economist Arthur Laffer (in […]
What This Week’s Federal Reserve Interest Rate News Means For Markets In 2016
Global stocks and commodities are rallying today (Wednesday) following the U.S.Federal Reserve interest rate announcement from Chair Janet Yellen yesterday. Yellen was extremely dovish in yesterday’s Federal Reserve interest rate statement, saying the central bank needs to remain cautious when hiking rates this year. The Fed has also cut the number of rate hikes it plans to hold […]
Crude Crashes Into Red Post-Yellen
Well, that escalated quickly… Gold is clinging to unch, bonds are down, and now crude has crashed back into the red post-Yellen… Only stocks remain positive – which makes perfect sense given Yellen’s implied downgrade of every positive economic indicator (and the 22.5x GAAP P/E).
Can Big Money Limit The Upside Potential For Facebook Stock?
123RF On the 4th of March, Eric Chemi announced on CNBC that Facebook (NASDAQ:FB) is now among the top 20 most widely held stocks. This is the first time that Facebook has made it on the top 20 list of the most held stocks among institutional equity investors. Facebook surged from a ranking of 23rd in September […]
Pfizer, Allergan Receive Request For Additional Information From FTC
Pfizer (PFE) and Allergan (AGN) announced that the companies have received a request for additional information from the U.S. Federal Trade Commission with respect to their previously announced pending combination. The request for information from the FTC, often referred to as a “second request,” was fully anticipated as part of the regulatory process under the […]
To Money Or Not Money, That Is The Question
When former Dallas Fed President Richard Fisher stepped down last March after a decade in that role, the New York Times (of course) wrote his professional obituary under the headline Richard Fisher, Often Wrong But Seldom Boring. Fisher had apparently viewed his own philosophical root and career at the Fed as something of an updated Paul […]
