Author Archive: Jeremy Parkinson
Australia ETFs In Focus On Likely Snap Elections
While the global economy is on a recovery path with solid improvements across most countries, the development in Australia might block the mending road in the coming months. This is especially true given signs of political issues in the country with the prime minister Malcolm Turnbull threatening to snap elections. Turnbull has been trying to […]
Greece Orders Banks To Record “Personal Data” On Anyone Who Was Hoarding Cash
Over the course of documenting the ECB’s push to phase out the €500 note, we stumbled upon something rather interesting that’s taking place at Greek banks. Courtesy of a reader, we learned that Piraeus Bank (among others) has begun charging a fee to exchange large denomination bills for small. The charge is listed as 0.15% […]
February SEMI Book-To-Bill Sags
The February book-to-bill data for the Semiconductor Equipment sector is out and both bookings and billings declined in February. From Semi… “The book-to-bill ratio has remained at or above parity for three months in a row,” said Denny McGuirk, president and CEO of SEMI. “The data indicate an improved spending trend in the second half […]
Bullish Trade Setups In An Everlasting Rally
Yeah, don’t expect the rally to keep going… but it sure does feel like it right now. You can buy some of the long setups below, but don’t you think you’d be better off waiting for the market to pullback a few points first? Once that happens, even the setups below, become even more attractive […]
Is The Fed Really Watching Fundamentals… Or Just Prices?
“Davidson” submits: The confusion of the Fed’s direction comes from their obvious behavior which shows that they are have no deeper fundamental understanding of markets than any market price-trend follower. They do not see the connections between employment, Real Personal Income, impact of Government spending or any other economic measure vs. markets over the long […]
4 Water Utility Stocks For A Thirsty Portfolio
Rising urbanization and an ever-increasing global population make us acutely aware of how indispensable fresh water is. Although it accounts for a scanty 2.5% of the world’s total water content, the capital intensive water utilities are vigorously functioning to supply fresh water to meet every day needs. But there are challenges far and wide plaguing […]
E DJII Technical Breakout To 21,000 Imminent
The DJII has completed the “W” shaped double bottom formation that was anticipated in the previous blog post. The market is nudging the resistance line at the 17.600 level. No doubt the technicians will have to wait for a breakout above this level and then some other confirmation or excuse for not pulling the trigger. However, the dividend […]
February 2016 Existing Home Sales Slump. Below Expectations
The headlines for existing home sales say “the main issue continues to be a supply and affordability problem. Finding the right property at an affordable price is burdening many potential”. Our analysis of the unadjusted data shows that home sales did decline, and the rolling averages improved. Sales price rate of growth moderated. Econintersect Analysis: Unadjusted […]
Here We Go Again: Government Ramps Up Borrowing As Private Sector Slows
This morning, US existing home sales plunged and the Chicago Fed’s national activity index turned negative. Both are obvious signs of a slowing economy. Anticipating this kind of news, Credit Bubble Bulletin’s Doug Noland in his most recent column analyzed the Federal Reserve’s quarterly Z.1 Report for signs of changing financial trends, and found something potentially serious. The following three charts […]
