Oil Glut: It’s The Demand, Stupid!
Mar 07, 2017
Jeremy Parkinson
Finance
by Reverse Engineer, Doomstead Diner I ran across a chart on Bloomberg which is perhaps the best demonstration to date that the Oil Economy is in Full On Collapse mode now. The chart is of Oil Inventory in storage, and covers the last 35 years since 1982 of Oil Inventory in the FSoA, and is the first graphic […]
Volume Appears To Have Been Climatic
Mar 06, 2017
Jeremy Parkinson
Finance
SPX Monitoring purposes; Covered short SPX 1/31/17 at 2278.87 =.09% gain; Short on 1/30/17 at 2280.90 Monitoring purposes Gold: Sold GDX at 24.33 on 2/22/07 = gain 20.15%; Long GDX on 12/28/16 at 20.25. Long Term Trend monitor purposes: Short SPX on 1/13/16 at 1890.28 Last Wednesday volume appears to have been climatic and may […]
Royal Dutch Shell: Is A Dividend Cut On The Horizon?
Mar 06, 2017
Jeremy Parkinson
Finance
With interest rates still at historic lows and the stock market soaring, income investors are hard pressed to find good places to put new capital to work. As a result, high-yield stocks such as Royal Dutch Shell (RDS-A) often attract investors with the promise of mouthwatering yields. But while there are excellent high-yield stocks out […]
BCB Bancorp – Chart Of The Day
Mar 06, 2017
Jeremy Parkinson
Finance
The Chart of the Day belongs to BCB Bancorp (BCBP). I found the New Jersey saving bank by using Barchart to sort the list of the Top Stocks to Own first by the most frequent new highs in the last month, then again by technical buy signals of 80% or more. BCB Community Bank, founded in November 2000. The Bank started […]
Manufacturing Back To 2014
Mar 06, 2017
Jeremy Parkinson
Finance
The ISM Manufacturing PMI registered 57.7 in February 2017, the highest value since August 2014 (revised). It was just slightly less than that peak in the 2014 “reflation” cycle. Given these comparisons, economic narratives have been spun further than even the past few years where “strong” was anything but. The ISM’s gauge of orders increased to […]
Time To Give The Metals A Break
Mar 06, 2017
Jeremy Parkinson
Finance
Video Length – 00:05:56
Suicide Is Painless
Mar 06, 2017
Jeremy Parkinson
Finance
Podcast: Play in new window | Play in new window (Duration: 13:15 — 7.6MB) DOW – 51 = 20,954 SPX – 7 = 2375 NAS – 21 = 5849 RUT – 9 = 1384 10 Y flat = 2.49% OIL – .12 = 53.21 GOLD – 8.80 = 1226.50 On this date in 2009, the S&P 500 hit an intraday low […]
Agriculture Markets Report – Monday, March 6
Mar 06, 2017
Jeremy Parkinson
Finance
A review of the day’s trading in the agriculture markets. Video Length – 00:08:01
Mid Caps For Momentum Investors
Mar 06, 2017
Jeremy Parkinson
Finance
Today I wanted to find 5 Mid Cap Stocks that might be of interest to Momentum Investors so I used Barchart to sort the S&P 400 Mid Cap Index stocks first for the most frequent number of new highs in the past month, then again for technical buy signals of 80% or more. Today’s Watch List includes: Align […]
Thor Industries, Inc. Sales Of Its RVs Continued To Soar – Q2 Profit & Revenue Outperform
Mar 06, 2017
Jeremy Parkinson
Finance
Thor Industries, Inc. (NYSE:THO) posted market-beats fiscal second quarter profit and revenue, as sales of its RVs continued to soar amid strong demand from younger families.