The Dow – Starting A Cycle Inversion?
Nov 19, 2014
Jeremy Parkinson
Entertainment
The golden rule of trading is just this: What goes sideways when it should move up or down, moves in the opposite direction even stronger. Where we achieved the temp low in gold on the target week of 11/03, the Dow has moved sideways and is crawling along resistance. Given the G20 position of walking away […]
What Blows Up First? Part 5: Shale Oil Junk Bonds
Nov 19, 2014
Jeremy Parkinson
Entertainment
One of the surest signs that a bubble is about to burst is junk bonds behaving like respectable paper. That is, their yields drop to mid-single digits, they start appearing with liberal loan covenants that display a high degree of trust in the issuer, and they start reporting really low default rates that lead the […]
A High-Yield Mortgage Play Without Mortgage Risk
Nov 19, 2014
Jeremy Parkinson
Entertainment
The small-cap arena is where you are most likely to find stocks that deliver multiples of return, since it’s the small companies that grow to become the behemoths. Rarely, however, do you find a small-cap stock that offers a huge dividend. Even more rare is the small cap that offers a huge yield that is […]
T2108 Update – Onward And Upward
Nov 19, 2014
Jeremy Parkinson
Entertainment
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are sometimes posted on […]
Semiconductors Breakout, While S&P Makes Its Move
Nov 19, 2014
Jeremy Parkinson
Entertainment
A solid day for Semiconductors saw a solid breakout from the recent handle (without a violation of the measuring gap), which even managed to mount a challenge on the September ‘bull trap’. It still has a bit of work to do to get to new highs, but bulls have shown their hand, and now it’s […]
3 Of The 10 Largest Economies In The World Have Already Fallen Into Recession – Is The U.S. Next?
Nov 19, 2014
Jeremy Parkinson
Entertainment
Are you waiting for the next major wave of the global economic collapse to strike? Well, you might want to start paying attention again. Three of the ten largest economies on the planet have already fallen into recession, and there are very serious warning signs coming from several other global economic powerhouses. Things are already […]
Traders Cafe Charged With Being Depository To Steal Day Traders Funds
Nov 19, 2014
Jeremy Parkinson
Entertainment
from the Securities and Exchange Commission The Securities and Exchange Commission today charged an unregistered broker living outside Tampa, Florida, with stealing investor funds as part of a fraudulent day trading scheme. The SEC alleges that Albert J. Scipione and his business partner solicited investors to establish accounts at their company called Traders Café for […]
Norwegian Cruise Lines – Chart Of The Day
Nov 19, 2014
Jeremy Parkinson
Entertainment
The Chart of the Day is Norwegian Cruise Lines (NASDAQ:NCLH). I found the stock by sorting All Time High list for the most frequent new highs in the last month then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 10/28 the stock gained 15.26%. Norwegian Cruise Line is a cruise line operator. It […]
Euro Edges Higher On ZEW
Nov 19, 2014
Jeremy Parkinson
Entertainment
During early trade in Europe, the common currency Euro edged higher, regaining lost ground versus the U.S. Dollar, as investors turn their focus to the German ZEW survey, which measures investors’ sentiment. In Japan, the Yen edged lower ahead of an expected announcement by the Prime Minister of a snap election, and the likely news […]
Why Living In A Post-Bubble World Is No Fun
Nov 19, 2014
Jeremy Parkinson
Entertainment
What do we do when the bubble economy cannot be reflated? It is generally conceded that we are living in an era of Peak Everything: peak central bank omnipotence, peak powerless of the non-elites, peak wealth inequality, peak media-induced delusion, peak market-rigging, peak bogus official statistics, peak propaganda, peak bread and circuses, peak deception, peak distraction, […]