Author Archive: Jeremy Parkinson
The E*Trade Baby Indicator
The infamous “E*Trade baby” debuted during the January 2008 Super Bowl. At the time, the S&P 500 was an un-alarming 10% off its peak… but it was about to slide another 42% lower over the following 13 months. E*Trade’s message was bold: Making money in stocks is so easy, even a baby could do it. It […]
Financial ETF Up Against Major Resistance
The following Monthly chart of XLF shows that current price is up against major long-term Fibonacci, channel and price resistance. The Daily ratio chart below of XLF:SPX also shows that price is up against major short-term price resistance. The year-to-date percentages-gained graph below shows that XLF has been holding its own, so far this year, compared with the other 8 Major Sectors. We’ll see if 25.00 can be overcome and […]
Gartner Inc – Chart Of The Day
The Chart of the Day belongs to Gartner (IT). I found the management consulting stock by using Barchart to sort the S&P 500 Large Cap Index stocks first by the most frequent new highs in the last month, then again by technical buy signals of 80% or more. Since the Trend Spotter signaled a buy in 5/25 the stock gained 6.96%. […]
How Dumb Is The Fed?
The question was prompted by this comment by former Fed insider Chris Whalen at The Institutional Risk Analyst blog: [O]ur message to the folks in Jackson Hole this week [at the annual central banker meeting there] is that the end of the Fed’s reckless experiment in social engineering via QE and near-zero interest rates will end in […]
Mark Yusko: “We’re On The Path To Another Great Depression”
Mark Yusko, CIO of Morgan Creek Capital Management, is unafraid to say it how it is. Recall in May, his keynote address warned: “I’m telling you right now, the US is going to have a crash and it will be massive,” noting that that efforts to generate growth through fiscal stimulus and tax cuts will prove futile […]
Amazon Prime Hits 85 Million Subscribers, “Prime Air” Cargo Planes Ready For Takeoff
Amazon Prime membership has gone from 41 million subscribers in March of 2105 to 85 million subscribers in June of 2017. Subscribers pay a single price for a year of free expedited shipping. Amazon understandably does not want to pay Federal Express or UPS so it opted to build its own air fleet. For the […]
The Market Bounces Like A Lowrider
Lowrider cars aim to cruise as slowly as possible. Owners paint them with intricate, colorful designs. Lowriders ride on 13-inch wire-spoke wheels with whitewall tires. They have hydraulic systems that allow the vehicle to be raised or lowered on demand. Some of you might be thinking-how long is Mish going to stretch the car metaphor? Heck, […]
US Dollar Gains Broad Ground
The US Dollar edged broadly higher, gaining especially on the common currency Euro and the Japanese Yen. Analysts say the rise is largely as a result of the recent rise in yields on US Treasury notes, with the 10-year bonds gaining 25 basis points over the past two weeks. The US Dollar Index, used by […]
With Tech Expected To Post The 2nd Largest Profit Growth Of All 10 Sectors In Q2, What Specific Industries Should You Be Focused On?
This week on the Estimize Roundtable, Estimize’s CEO, Leigh Drogen and SVP of Media, Christine Short, are joined by Sean Udall, CIO at Quantum Trading Strategies. With tech stocks as the best performers of 2017 thus far, rising 17%, we take a look at upcoming tech earnings expectations in cybersecurity (FEYE, IMPV, PANW, CYBR), fiberoptics (CIEN, FNSR, LITE), and semiconductors […]
