Author Archive: Jeremy Parkinson
3 Reasons Why Cisco Is A Better Dividend Growth Stock Than Intel
The technology sector is a surprisingly good source of dividend stocks. This wasn’t always the case. During the heyday of the tech sector, hardly any tech stocks paid dividends at all. But after the tech bubble burst, investors began pushing for technology companies—many of which have high cash flow and huge amounts of cash on their […]
Still More Tightening In French Polls
A week ago, French polls had tightened to the point where any combination of candidates could make it to the final round. The polls are now so tight that at least one upset is arguably likely. A mere two points separate Marine Le Pen from both François Fillon and Jean-Luc Mélenchon in the most recent poll. Only […]
What To Watch In The Week Ahead – April 17
Many observers misunderstood US President Trump’s “American First” rhetoric. Trump’s earlier writings show that this is not a reference to the 1940s effort to keep the US out of WWII, with its isolationist tint. Rather, Trump’s use goes back to the original use by President Harding in the 1920s. It was a rejection of the Wilsonian […]
Gold And Silver Showing Subtle Inflection Points
There were subtle signs of topping on Thursday as Gold and Silver both formed Doji’s (cross-like formations). This candlestick pattern sometimes appears near cycle inflection points. GDX rallied to the 200-day MA and subsequent BreakPoint. However, prices failed to close above these critical levels. The March rally has reached the maximum retracement level for a […]
Run Up To The French Elections, Chinese GDP And Post-Easter Energy
The third week of April begins with vacations in many places in the world. But after traders return from their Easter weekend, volatility is expected to rise. Chinese GDP, US housing figures and UK retail sales all play second fiddle to France. The first round of France’s first round of the presidential elections will provide […]
S&P 500, DAX & FTSE 100 Could Be In For A Tough Week
What’s inside: S&P 500 heading for a lower low in a developing bearish sequence DAX treading dangerously close to a breakdown FTSE 100 also on the verge of cracking S&P 500 Most major global markets were cut short a day last week in observance of ‘Good Friday’ prior to Easter Sunday. In the week ahead, the economic calendar is quite […]
Trying To Save Monte Paschi – Oldest Bank In The World
The EU Commission is looking to bailout Monte Paschi by eliminating more than 5,000 jobs. The Monte Paschi plan that was presented last October called for 2600 layoffs. It is the oldest surviving bank in the world and the third largest Italian commercial and retail bank by total assets. This makes it a critical bank in Italy. It has […]
EURUSD: Bearish, Retains Its Downside Pressure
EURUSD: With the pair continuing to retain its downside pressure, more weakness is expected in the days ahead. Resistance comes in at 1.0650 level with a cut through here opening the door for more upside towards the 1.0700 level. Further up, resistance lies at the 1.0750 level where a break will expose the 1.0800 level. […]
Uh-Oh. Core CPI Posts First Decrease In More Than 7 Years
Well, what did we say on Thursday evening? You need to keep a close eye on the bursting US auto bubble because while you’ll hear plenty of folks explaining how “contained” it is or how unlikely it is to become “systemic,” you’re going to see references to it popping up everywhere you look over the next six […]
Sorry, Goldman: The Loan Collapse Is Real
Two weeks ago, in order to preserve Goldman’s happy narrative that US growth is still strong (which is ironic because while on one hand Goldman tells its clients to buy the dollar, at the same time it tells Trump to short it), Goldman tried to justify the apparent collapse in loan growth, which as we Goldman tried to […]
