Crude Drops On Yuuge Inventory Build
Mar 22, 2016
Jeremy Parkinson
Finance
Overall crude inventories rose for the 6th week in a row according to API. Despite draws in Gasoline, Distillates, and Cushing; Crude inventories surged 8.8mm barrels – the 2nd biggest weekly build in a year. API, according to RTRS: Crude +8.796mm Cushing -1.37mm (confirming Genscape’s data) Gasoline -4.3mm Distillates -391k This was a big draw in […]
The Canadian Example
Mar 22, 2016
Jeremy Parkinson
Finance
In late summer last year, just in time to accompany the first blast of contraindicated economic reality, Statistics Canada announced that Canadian GDP had contracted in Q2 2015. That followed an “unexpected” drop in Canadian GDP in Q1 which was supposed to be like oil prices and only a “transitory” deviation on the road to […]
What Every Long Term Investor Should Know
Mar 22, 2016
Jeremy Parkinson
Finance
Long term investors often find that their patience pays off. It can be alluring and easy to switch from one investment to another due to short term results. These instant outcomes, however, are not indicative of how the stock, bond, or fund will perform in the future. Long term investors are able to analyze the […]
2 Stocks That Will Crash After Bad Earnings
Mar 22, 2016
Jeremy Parkinson
Finance
An earnings miss that will send share prices tumbling seems imminent for both of these stocks. These are two stocks investors must avoid if they don’t own them and sell if they do. You think stock prices have been volatile of late? Well, that is nothing compared to how this due reacts to their earnings […]
Finding Income Gems In A Bubbly Market
Mar 22, 2016
Jeremy Parkinson
Finance
I follow income stocks pretty religiously, though I’ll admit it’s been a while since I’ve looked at tobacco stocks. I sold my last tobacco stock – Marlboro maker Altria (MO) — about a year ago when I took a long, hard look at the dividend yield (then about 4%) and decided it no longer made sense to own […]
Precious Metals Report – March 22, 2016
Mar 22, 2016
Jeremy Parkinson
Finance
Ira Epstein leads us through the day’s precious metal highlights. (Video length 00:08:49)
SP 500 And NDX Futures Daily Charts – Wobbling
Mar 22, 2016
Jeremy Parkinson
Finance
The pros want to ‘hand off’ this dreck of a market so badly to the public that they are practically dancing on one leg in pursuing it. And in so doing, the market becomes increasingly divergent from reality and risks. Let’s see how far they can take it. Have a pleasant evening.
4 Internet Stocks Crushing Netflix So Far In 2016
Mar 22, 2016
Jeremy Parkinson
Finance
With three quarters of the year 2016 still ahead of us, it’s probably a right time to reevaluate our investment strategies. For one thing, we do not want to repeat the mistakes committed in 2015. Ok, I admit 2015 was a rough year for the global economy with several uncertainties stemming from oil price fluctuations, […]
The Way To Wealth? Go Long Spam Decades Ago
Mar 22, 2016
Jeremy Parkinson
Finance
Incredible. I never would have thought, but here it is. Hormel freakin’ Foods. Up 71,000%. Seventy. One.Thousand. Percent.
Egon Von Greyerz: “The War On Cash Is Real!”
Mar 22, 2016
Jeremy Parkinson
Finance
Egon says that approximately less than half a percent of assets are invested in Gold today by the people and that most of them do not own any Gold whatsoever. (Video length 00:32:02)