Author Archive: Jeremy Parkinson
Is Defensive Sector Leadership Forecasting Slower Growth?
Utilities and Health Care. These are the top two sectors in the S&P 500 this year, which may come as a surprise to many as we’re being told that economic growth is set to accelerate. Given this defensive leadership, one would assume the financial markets and economy would be having a more difficult year in 2014. As […]
Central Bank “Wealth Effects” Doctrine At Work
The purpose of central bank financial repression and ZIRP is to distort and inflate asset prices. Our monetary politburo even admits that it is in the monetary scam business via its self-serving doctrine called “wealth effects”. The game here is to drive the stock market averages ever higher through massive liquidity injections into the Wall Street dealer markets. […]
SP 500 And NDX Futures Daily Charts – Big Wheel Keep On Turning
The GDP estimate came in on the high side revision today showing what a marvelous recovery we are enjoying. Too bad not much else is showing growth. Maybe this is one of those recoveries that is localized to the well-to-do. The market is drifting higher on low volumes, and do not expect tomorrow to be […]
The 5 Best Mid Caps
Today I wanted to find the 5 mid cap stocks with the most consistent upward momentum. I used Barchart to sort the S&P 400 Mid Cap Index stocks to find the 5 that had the most new highs in the last month. Today’s list includes Thor Industries (NYSE:THO), CST Brands (NYSE:CST), Broadridge Financial Solutions (NYSE:BR), Domino’s Pizza (NYSE:DPZ) and Ingredion (NYSE:INGR): Thor Industries (THO) Barchart technical indicators: 80% […]
The Fed To Raise Interest Rates Early?
The US economy is going full speed ahead and, as a consequence, the central bank has halted QE. The Federal Reserve chose to switch off the money printer and it seems like most investors did not have too much of a problem with that. What happened after that, all went really fast. The Bank of […]
NYSE Margin Debt Declines In October
Note from dshort: The NYSE has released new data for margin debt, now available through October. I’ve updated the charts in this commentary to include the latest numbers. The New York Stock Exchange publishes end-of-month data for margin debt on the NYXdata website, where we can also find historical data back to 1959. Let’s examine the numbers […]
Tiffany Misses On Q3 Earnings & Revenue, Guidance Intact
Tiffany & Company (TIF – Analyst Report) came out with third-quarter fiscal 2014 results, wherein earnings of 76 cents a share missed the Zacks Consensus Estimate by a penny. The company generated net sales of $959.6 million that also fell short of the Zacks Consensus Estimate of $970 million due to sluggish demand in Japan. However, this Zacks […]
The Truth About Gold And The American Dream
The SGT Report recently interviewed Peter Schiff about the US economy and the gold market. This forty-minute conversation covers a lot of topics, including: Gold in Russia and the Netherlands Alan Greenspan’s continued support for gold Why gold is not a currency Peter’s latest critics in the financial media Peter’s predications for the gold price Why central banks […]
Outside The Box: Notes On Russia
Russia and its redoubtable president, Vladimir Putin, have been much in the news lately. The latest flurry came when Putin was taken out behind the woodshed at the G20 conference in the Philippines last weekend over his recent moves to inject more Russian troops and arms into Ukraine. For today’s Outside the Box we have […]
TLT & TLT-SPY
The long bond fund TLT has looked just fine, as we had been noting in NFTRH ETF updates during its bowl-like pattern. It’s now broken above it. Daily MACD and RSI are both good. Risk ON/OFF indicator TLT-SPY has however, not made such a move. Just a little snapshot into one of myriad things to […]
