Author Archive: Jeremy Parkinson
Aussie Banks Under Pressure, USD Up, Oil Prices Down
U.S. equities showed losses overnight as fresh declines in oil prices pushed Asia markets lower Thursday morning. Concerns the Federal Reserve may hike interest rates sooner than expected kept prices down. According to a representative at Mizuho Bank, “Expectations of an earlier Fed tightening are now seeping through markets, albeit at a slow pace with […]
2 Stock Market Indicators At Critical Levels
Last year, in July, an important trend change took place. Volatility exploded in all markets, certainly stocks and crude oil, leading to huge losses in very short periods of time. Since then, key indicators for stocks have been the volatility index VIX and crude oil, as explained here. On the chart of the S&P 500, we clearly see […]
Why Oil Prices Are About To Plunge Again: 31 Million Barrels In Floating Storage Are Coming On Shore
One week ago, we wrote that as a result of the collapsing crude contango, oil tankers (such as the fully loaded Distya Akula which has been on anchor in the Suez Canal for one month unable to find a buyer for its cargo so it continues to wait) “will soon have to unload their cargo”, in the […]
Crude Oil Pulling Back From The Highs
US Inventories continue to build up, but demand for gasoline see’s a big jump. WTI Crude Oil prices fell -3.6% yesterday after posting a solid five consecutive weeks of gains which saw prices trade near a 15-week high at $42 a barrel. Prices retreated off the 15 weeks high as the EIA’s Crude Oil inventories […]
The Case For Staying Tactically Bearish On USD – Credit Suisse
Recently, the US dollar has enjoyed a recovery, with some hawkish Fed speak for a change. However, the team at Credit Suisse still sees the downside: Here is their view, courtesy of eFXnews: The sequence of volatile market reactions to central bank policy easing initiated by the BOJ and furthered by ECB had an eventful third […]
Defensive Stocks & ETFs For Portfolio Protection
Stocks have rebounded nicely off their February 11 lows and many are now almost break-even for the year. The sharp sell-off seen earlier this year was driven largely by fears of a US recession and global deflation. The recent economic data in the US has mostly been better than expected, showing recession fears were overdone. […]
Daily Market Analysis – 3/24/2016
Video length: 00:01:52 During the course of the day on Thursday, we get a handful of announcements that could move the markets, but quite frankly we don’t think any of him are going to be major. With this being the case, the market should continue to be fairly tight and therefore we are not looking […]
When “Mother’s Milk” Runs Dry
For the third time in six months, US equity markets have exuberantly decoupled from earnings expectations thanks, in large part, to jawboning and coordination from Central Banks. With stocks near record highs despite the earnings “mother’s milk” expectations tumbling, one can’t help but wonder, as CNBC’s Bob Pisani did this morning, given the comments from Evans, Lockhart, and […]
National Retail Properties: A High Quality Income Stock For Retirees
Fewer than 100 of the more than 10,000 publicly-traded companies have increased annual dividends for at least 26 consecutive years. National Retail Properties (NNN) is one of them. Perhaps more impressively, National Retail’s average annual total return for the past 25 years has been 14.8%, significantly outpacing the market to provide meaningful value for shareholders. […]
Why I Quit My Job As A Financial Advisor
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 […]
