Author Archive: Jeremy Parkinson
The Gold Direction Indicator Just Turned Green!
For the benefit of subscribers and to help yours truly to make good decisions, we plot an indicator with ten components on a daily basis, that we refer to as the GDI. On Monday the GDI closed at 39% and on Tuesday it moved into positive territory with a reading at 61%. Charts courtesy Stockcharts.com […]
What Lies In Store For The Future Of LeEco
Ari Zoldan, CEO of Quantum Media Group, discusses the future of Chinese company LeEco after it’s disastrous attempt to aggressively expand and it’s failed acquisition of Vizio. Video length 00:04:17.
EC Calculating The Fed Funds Futures
US measures of core inflation fell from February through May. The US reports June CPI at the end of the week. There is a reasonable chance that the core rate stabilizes. However, the movement away from the target has spurred expressions of caution from numerous Fed officials, even though the minutes of the June FOMC meeting showed that […]
3 Top-Ranked BlackRock Mutual Funds For Best Returns
BlackRock Inc. (BLK – Free Report) had a total of $5.4 trillion assets under management (as of March 31, 2017) across equity, fixed income, cash management, alternative investment, real estate and advisory strategies. It caters to institutional, intermediary and individual investors through a wide range of products and services. BlackRock offers an array of risk management, strategic […]
E I Cannot Believe What Fed Chair Yellen Just Said
I am currently listening to Fed Chair Yellen address Congress in the Committee on Financial Services. A line of questioning just finished regarding social program (welfare) program growth and slowing GDP. Alan Greenspan was quoted by the Congressman saying that you cannot have both entitlement program spending growth and a consistent 3% GDP growth at […]
Billion Dollar Unicorns: Peloton Cycles Into The Club
According to Technavio, the global home fitness equipment market including treadmills, weightlifting machines, and stationary bicycles is expected to grow at a CAGR of 5.08% during the period 2017-2021. Peloton, which sells an Internet-connected indoor fitness bicycle, recently joined the Billion Dollar Unicorn Club. Peloton’s Offerings New York-based Peloton was founded in 2012 by CEO John Foley, COO […]
Oil Careens Lower In Hilarious Post-Data Nosedive
What to say about crude at this point? It was just yesterday when some folks were suggesting that, in light of OPEC’s push to cap Libyan and Nigerian supply and on the heels of (super) bullish API data, “the bears [need] to start questioning their religion.” Amusingly, that assessment came just hours after Goldman mused that prices could […]
WTI Slips As Inventories Draw But Production Hits New Cycle High
WTI has extended gains (on weaker dollar) from last night’s ‘bullish’ API data in a deja-vu of last week, and DOE data (showing large draws in Crude and Gasoline) confirmed continued rebalancing. However, once again mimicking last week’s action, prices were not exuberant as another surge in production – to new cycle highs – stymied some of the excitement. […]
Colgate-Palmolive: A Dividend King That Hasn’t Missed A Payment In 122 Years
While dividend growth investing is arguably one of the best ways for people to build long-term income and wealth over time, that doesn’t necessarily mean that selecting quality companies is easy. After all, the key to long-term success involves finding companies with strong management teams, consistent and growing cash flows, safe debt levels, and dividend-friendly corporate cultures. […]
What’s Driving Global Populism?
Donald Trump’s victory in the November 2016 election for president of the United States astonished the world. Though he had never held political office, he won the Republican nomination. The leading polls predicted his loss to Hillary Clinton in the general election, but he prevailed. How was this possible? John Judis’s book was written before […]
