Why I Quit My Job As A Financial Advisor
Mar 23, 2016
Jeremy Parkinson
Finance
Our experiences shape us. We can agree on that, right? And as much as we’d like to think we learn from the mistakes of others, the truth is… most of us don’t. We learn “the hard way,” through our own personal trials and tribulations. Financially, the lessons we learn from the school of hard knocks […]
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Dangerous Predators Roam Europe’s Streets
Mar 23, 2016
Jeremy Parkinson
Finance
With the twin attacks on Brussels. authorities admit they are and were woefully ill-prepared for the challenge the terrorists once again brought to the center of Western Europe’s very governance. Every side is acknowledging that despite almost all of the police detectives and intelligence apparatus chasing-down leads, including a capture of three key terrorists just […]
If There Were Truly Growth, Home Builders Would Be Very Busy
Mar 23, 2016
Jeremy Parkinson
Finance
There is one part missing from the narrative sketched out in home resales being subjected to monetary imbalance. It is a compelling explanation for what we find as the most striking aspect of existing home sales, namely the curious lack of depth among sellers. It’s as if despite rising prices there is a seller strike where a […]
Wednesday Report… Baby Gold Bull Stillborn ?
Mar 23, 2016
Jeremy Parkinson
Finance
Today felt like a short covering rally during the bear market years in the PM complex only in reverse. Days like today can make one think that the rally over the last two months is all she wrote for the new bull market.. Did the baby bull die at birth ? Maybe , but I’ll need to […]
EURUSD: Vulnerable But With Caution
Mar 23, 2016
Jeremy Parkinson
Finance
EURUSD: Having EURUSD continued to retain its corrective tone, immediate risk remains lower. But beware of a move back higher in the direction of its short term uptrend. Support lies at the 1.1100 level. Further down, support lies at the 1.1050 level where a violation will aim at the 1.1000 level. A break of here […]
Markets Face New Headwinds
Mar 23, 2016
Jeremy Parkinson
Finance
After two weeks and more of furious rallies, markets now face old and new serious and diverse challenges. Stocks were hit today by lower earnings from Nike (NKE) and the prospect of weak earnings ahead commencing next month. A stronger dollar hit commodities, especially in energy markets. Crude oil inventories jumped to 9.4 million bbls […]
What Killed The Middle Class?
Mar 23, 2016
Jeremy Parkinson
Finance
Everyone knows the middle class is fading fast. I’ve covered this issue in depth for years, for example: Honey, I Shrunk the Middle Class: Perhaps 1/3 of Households Qualify (December 28, 2015) and What Does It Take To Be Middle Class? (December 5, 2013) This raises an obvious question: what killed the middle class? While many commentators try to identify one […]
KB Home Tops Q1 Earnings And Revenue Estimates, Stock Rallies
Mar 23, 2016
Jeremy Parkinson
Finance
KB Home (KBH – Analyst Report) released their first quarter fiscal 2016 earnings results, posting earnings of $0.14 per share and revenue of $678 million. Currently, KBH has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key takeaways form the just announced report […]
Nuance Slips After Google Announces Speech Recognition API
Mar 23, 2016
Jeremy Parkinson
Finance
Shares of Nuance Communications (NUAN) are sliding after Google (GOOG; GOOGL) said it is planning to open up its speech recognition application program interface to third-party developers. The new service was announced today during Google’s NEXT cloud user conference and, in its initial phase, Google Cloud Speech API will be available at no cost. WHAT’S […]
Aptargroup – Chart Of The Day
Mar 23, 2016
Jeremy Parkinson
Finance
The Chart of the Day belongs to Aptargroup (NYSE: ATR). I found the plastic products stock by using Barchart to sort today’s All Time High list first for the most frequent new highs in the last month, then again for technical buy signals of 80% or more. I then used the Flipchart feature to review the charts for consistency. Since the Trend […]