Author Archive: Jeremy Parkinson
Stocks And Precious Metals Charts – The Vain And The Inglorious
Stocks were mixed today, with big tech attempting to rally while the broader markets were sluggish. Traders were impressed with the print on new jobs added in a report from ADP this morning. I had thought that ADP was obtaining their numbers from actual data from their payroll services business. Instead, I find from reading this […]
Daily Trading Opportunities For Thursday, Mar. 9
We get an interest rate decision coming out of the ECB, but more importantly, is the conference afterwards. We also get the ADP Nonfarm Payroll numbers in the United States, and thus it’s likely that we will get a bit of volatility during the day. EUR/USD The EUR/USD pair fell a bit during the day […]
5 Stocks To Watch That Report Earnings Thursday, Mar. 9
Ulta Beauty (ULTA): Many investors hold Ulta in high regards due to a track recorded extending of topping analyst’s top and bottom line targets. The cosmetics company delivered at least 20% growth in each of the past 8 quarters with double digit gains in key same store sales metrics. When you factor in that similar businesses […]
Stocks: Just A Little Rest
Every great story on the planet happened when someone decided not to give up, but kept going no matter what.” ― Spryte Loriano A little correction is fine as stocks need to rest. They cannot sprint or run everyday without burning out so this slow jog, and rest, is great action which will allow this […]
T2108 Chart Indicating Sell-Off Once Again
It is always concerning to me when the T2108 Chart starts diverging from the market For those of you not familiar with the indicator, the T2108 chart measures the percentage of stocks that are trading above their 40-day moving average. Typically in a very healthy market where it is consistently making higher highs and higher […]
Hedge Funds Are Still Wary Of Financial Stocks
Since the beginning of November, financial stocks have been in demand as bond yields push higher thanks to raised inflation and growth expectations. In an attempt to profit from this trend, hedge funds have rotated away from tech into financials according to recent 13 F filings. However, according to research from Goldman Sachs, this rotation is […]
Oil Breakout + Gold Breakout = ???
Oil Futures and Gold Futures are both breaking out but the VIX is still trading under 12. Something need ti give… either OiL and Gold settle down, or SPX volatility will need to rally. Video Length: 00:03:42
That Smell In The Fed’s Elevator
A new paper that was presented last week at the 2017 U.S. Monetary Policy Forum has garnered, rightly, a lot of attention. The paper, entitled “Deflating Inflation Expectations: The Implications of Inflation’s Simple Dynamics,” has spawned news articles such as “Research undercuts Fed’s two favorite U.S. inflation tools” (Reuters) and “Everything the Market Thinks About […]
Apparel/Shoe Maker Adidas Upgraded To “Buy”
For today’s article, we take a look at a recently upgraded stock that has been a big run up lately, Adidas (ADDYY). My Adidas Walk through concert doors And roam all over coliseum floors I stepped on stage, at Live Aid All the people gave an applause that paid And out of speakers I did […]
E Does Donald Trump Want A Financial Depression?
There are many thoughts and policies floating around in the Trump administration that could lead to a financial depression. The disturbing issue for me is that the Austrian Economists who are influencing the administration do not believe that a financial depression is that big of a deal. After this issue is discussed, the concept of […]
