E
Clearing Up Negative Interest Rate Confusion. Kocherlakota Weighs In
Mar 28, 2016
Jeremy Parkinson
Finance
With all the talk of negative interest rates, we have to determine why they are considered so important. They are obviously very important to bankers, economists and central bankers. This article is not an attempt to encourage these folks because of the danger of cashless regulations once a negative regime is put into place. But […]
Great Graphic: Is The CRB Index Rolling Over?
Mar 28, 2016
Jeremy Parkinson
Finance
This Great Graphic, created on Bloomberg, depicts the CRB Index, a basket of commodity prices. The technical picture has deteriorated, and the price action in the coming sessions is particularly important in determining outlook. The CRB Index put in a double bottom. On January 20 and February 11 lows were set just below 155.00. The neckline […]
The Basic Problems Which Were Killing American Express Still Remain In Place
Mar 28, 2016
Jeremy Parkinson
Finance
American Express (NYSE:AXP) once meant something special in the markets, to both merchants and customers. It meant quality and low chargebacks. It meant a high-income, free-spending audience of cardholders who paid their bills on time. American Express wasn’t a credit card. It was a “travel and entertainment” card through which corporations maintained control over selling expenses. flickr […]
WTI Crude Oil And Natural Gas Forecast – March 28, 2016
Mar 28, 2016
Jeremy Parkinson
Finance
WTI Crude Oil The WTI Crude Oil market tested the $38 level on Thursday, and then bounced enough to form a hammer. With the markets being close on Good Friday we didn’t get any action, but at the end of the day it still suggests that we are going to bounce from here and perhaps […]
Sugar Set For Correction
Mar 28, 2016
Jeremy Parkinson
Finance
The sugar price has traded exactly as outlined in analysis titled, Sugar Technical Outlook, produced back in September 2015 and has seen price increase by just over 50%. That analysis outlined the expectation for price to trade up to around the $16.25 level. Price just hit a high of $16.75 before reversing back down impulsively. […]
2016 Gold Headline Extravaganza In Full Swing
Mar 28, 2016
Jeremy Parkinson
Finance
With the monetary metal popping by a couple hundred bucks an ounce in 2016 people are coming out of the woodwork to advise us about its vast upside and on the other side of the spectrum, its dangers. I have done a lot of bitching and moaning about gold’s promoters and bashers alike, because they […]
E
Short Covering The Main Feature In Oil
Mar 28, 2016
Jeremy Parkinson
Finance
This has been the constant theme for the entirety of this new year and it continued again this past week in the Oil markets. Here is a breakdown of the LARGE SPECS positions. The hedge funds have covered a whopping 136,500 short positions since the start of the year bringing their outstanding short positioning to […]
Russia Continues Gold Accumulation As The West Sells
Mar 28, 2016
Jeremy Parkinson
Finance
Russia knows the game that the Western financial elites are playing. They know about the fiat Ponzi scheme that the US government is involved in and in control of through their entitlement as the reserve currency of the world. They know this, which is exactly why they continue to invest in precious metals, predominately gold. […]
E
How Tesla Takes Over The World On Thursday
Mar 28, 2016
Jeremy Parkinson
Finance
I stopped by Tesla’s (TSLA) Fremont, California factory last week to test drive my new high performance Model X SUV and noticed something interesting. There was major new construction under way in the customer delivery area. That was to be expected, since the company has already announced that they plan to boost production of their […]
Avon Reaches Deal With Activists To Avoid Proxy Fight
Mar 28, 2016
Jeremy Parkinson
Finance
Shares of Avon Products (AVP) are rising in early trading after the company reached an agreement with Barington Capital. The company also named a former FedEx (FDX) executive to its board. WHAT’S NEW: This morning, beauty products maker Avon said it reached an agreement with an investor group led by Barington Capital in connection with […]