Author Archive: Jeremy Parkinson
Fed Inflation Barometer Tumbles To Lowest Since 2008
Despite The Fed’s Jim Bullard proclaiming last week that inflation expectations had rebounded (by which we assumed he meant the Dow), 5-year forward 5-year inflation expectations just dropped in the US to the lowest since 2008. The rest of the world is no better. In spite of promised and delivered policies Japanese and European inflation expectations are […]
T2108 Update – Apple Watch: An Important Fade From All-Time Highs
T2108 Status: 63.3%T2107 Status: 51.6%VIX Status: 14.0General (Short-term) Trading Call: Hold (bullish positions); aggressive bears can short with a tight stop at fresh all-time highsActive T2108 periods: Day #21 over 20%, Day #19 over 30%, Day #16 over 40%, Day #14 over 50%, Day #9 over 60% (overperiod), Day #91 under 70% (underperiod) Reference Charts (click […]
The 6 Economic Indicators To Follow This Week
This week we will receive a flood of US economic data. Just this morning, US Industrial Production reported a month over month (MoM) decrease of 0.11% in October, missing the Estimize consensus for an increase of 0.23%. Weakness was seen in mining, which fell 0.9% after a 1.6% boost in September, and utilities, which slipped […]
The Japanese GDP Release: The Bad And The Not So Bad
Instead of a 0.2% q/q increase as in the WSJ survey, GDP declined 0.4% [0] [1] It’s pretty bad news, but here are a couple of observations, following up on my previous post on Japan. Figure 1: Log GDP (blue) and consumption (red), in Ch.05¥, normalized to 2012Q4=0. Source: Cabinet Office, and author’s calculations. First, the drop is in output is […]
5 Great Mid Caps
Today I used Barchart to sort the S&P 400 Mid Cap Index stocks to find 5 with great technical indicators and charts. Today’s list includes Broadridge Financial Solutions (NYSE:BR), Domino’s Pizza (NYSE:DPZ), CST Brands (NYSE:CST), Rollins (NYSE:ROL) and SLM Corp (NASDAQ:SLM): Broadridge Financial Solutions (BR) Barchart technical indicators: 96% Barchart technical buy signals Trend spotter buy signal Above its 20, 50 and 100 day moving averages 19 new […]
Average Gasoline Prices For Week Ending 10 November 2014 At Lowest Level Since November 2010
Econintersect: Average gasoline prices fell an average of 4.7 cents nationwide this past week following the previous week’s 5.2 cent fall from the week before. However, since 06 January 2014, gas prices have fallen 43.3 cents a gallon. Average prices by region and a breakdown by grade follow after “Read more >>”. At the end […]
Will J.M. Smucker (SJM) Q2 Earnings Be Hit By Coffee Costs?
The J. M. Smucker Co. (SJM – Analyst Report) is set to report second-quarter fiscal 2015 results before the opening bell on Nov 19. Last quarter, this food products manufacturer posted a negative surprise of 2.19%. Let’s see how things are shaping up prior to the announcement. Factors to Consider The recent hike in green coffee costs is […]
Polar Vortex 2.0 Arrives – All 50 States Will Freeze Tonight
3 months ago we warned US economic growth faced a challenge more powerful than any Fed-sponsored miracle could handle and 3 weeks ago Yellen’s worst nightmare began to loom on the chilly horizon. But tonight, from the depths of the night, the cruel monetary-policy-nullifying devil of Polar Vortex 2.0 arrives as all 50 states (yes even Hawaii) will […]
Chart Of The Day – Lowe’s Co (LOW)
The Chart of the Day belongs to Lowe’s Companies (LOW). I found the stock by sorting the New High List for new high frequency in the last month then used the Flipchart feature to review the charts. Since the Trend Spotter signaled another buy on 10/21 the stock is up 7.88%. Lowe’s Companies Inc. is a retailer of home improvement […]
Facebook Is (Once Again) Cracking Down On Spammy Posts
“BUY THIS!” “INSTALL NOW!’ “CONTEST!” Facebook (FB) is about to start punishing business Pages that publish spammy, aggressive marketing posts with these kind of words to the News Feed. Facebook will show them to a lot fewer of their fans, even if the Page paid for ads to get those fans. After a study of 500,000 users found they […]
