Housing Market Review – Slowing Momentum (March, 2016)
Mar 28, 2016
Jeremy Parkinson
Finance
The last Housing Market Review covered data released in February, 2016. At the time, sentiment and data ahead of the Spring selling season was not as strong as I had anticipated. The iShares US Home Construction ETF (ITB) has gained little since then and has even stalled out at resistance at its 200-day moving average (DMA). […]
What Does A Well-balanced Economy Look Like?
Mar 28, 2016
Jeremy Parkinson
Finance
A well-balanced economy, as defined by the Business Dictionary, is the financial condition of a country where there is an equal proportion in exports and imports. This view, while practical, is also simplistic and there are several other factors that many would consider to be present in a a balanced state. Factors such as the […]
Another Reason Corporate Profits Will Plummet: The Managerial/ Professional Class Is Burning Out
Mar 28, 2016
Jeremy Parkinson
Finance
What no financial analyst dares confess is the corporate profits they cheer every quarter have come at a cost that many Americans will soon be unable to bear. If you work for Corporate America in a managerial or professional capacity, you know all about burnout, because you see it all around you or are experiencing […]
Gold Weekly Analysis – March 28, 2016
Mar 28, 2016
Jeremy Parkinson
Finance
Gold ended the holiday-shortened week down by 3.5% at $1217 an ounce as the possibility of an earlier-than expected rise in U.S. interest rates weighed on the market. Comments from St. Louis Fed President James Bullard and Chicago Fed President Charles Evans revived views that the Federal Reserve might consider edging the policy rate towards […]
Gold, The Misery Index, And Insanity
Mar 28, 2016
Jeremy Parkinson
Finance
In 1980 Ronald Reagan spoke about the Misery Index. An economist had added the inflation rate to the unemployment rate, called it the Misery Index, and used it to indicate the social costs and economic difficulty for the middle class. Today the Misery Index is much smaller than in 1980, thanks to … intelligent fiscal […]
Forecasts For The Weeks Of March 28 And April 4
Mar 28, 2016
Jeremy Parkinson
Finance
Here are my forecasts for upcoming economic data.
Something Just Snapped In The VIX ETF Complex
Mar 28, 2016
Jeremy Parkinson
Finance
As TVIX, the double-levered long VIX ETF unleashed in Nov 2010, decays to record low prices… An unusual (and almost unprecedented) event has occurred. Just as we saw in Gold ETFs, and Oil ETFs, TVIX Shares Outstanding have exploded by a stunning 225% in the last 4 weeks… [the last 3 times TVIX has undeergone such an […]
Silver Relative Strength Report
Mar 28, 2016
Jeremy Parkinson
Finance
Gold went down (as the muggles would measure it, in dollars). It dropped almost 40 bucks. Silver fell almost 60 cents. Since silver fell proportionally farther than gold, the gold-silver ratio went up. Why do we keep reiterating that gold goes nowhere, that it’s the dollar which mostly goes down over long periods of time and sometimes up as in 2011-2015? […]
An Easter Egg…The Jaws Of Life
Mar 28, 2016
Jeremy Parkinson
Finance
I would like to show you some more charts on some if the different stock market indices we looked at in the last Weekend Report. Last weekend we looked at a lot of the bull market uptrend channels that are still in place since the 2009 crash low. It’s always important to keep an open […]
Weekly Forex Preview: March Jobs Reports!
Mar 28, 2016
Jeremy Parkinson
Finance
The US Dollar posted a dramatic turnaround last week erasing the gains from the previous week. Closing the week ending 25th March as the strongest currency, the US dollar was supported mostly by various Fed members’ speaking engagements who came out broadly in support of a rate hike. Economic data from the US was mixed […]