Author Archive: Jeremy Parkinson
E Large Cap Best And Worst Report – December 2, 2014
Since 2010, our top scoring weekly has outpaced the SPX by a median 376 bps in the following year. The best performers from our list one year ago are RCL up 74%, FB up 65%, MU up 65%, AAPL up 50%, and HPQ up 45%. The best large cap sector is healthcare The top large […]
E Interview With CEO Of American Sands Energy
The following interview of Mr. William Gibbs was conducted by phone and email on November 28-29. Mr. Gibbs is CEO of American Sands Energy, [AMSE] an unconventional oil producer proposing to extract oil sands in Utah. The company expects to be in production of up to 9,000 barrels of oil per day within 2-3 years. Please give readers […]
The Dollar Comes Back Bid
After yielding ground yesterday, the US dollar comes back bid today. The main driver is the divergence that favors the US. Specifically, yesterday two people we have identified as part of the troika at the Federal Reserve, from where policy signals emanate, played down the disinflationary threat of the fall in oil, saying it would likely […]
Morning Call For December 2, 2014
OVERNIGHT MARKETS AND NEWS December E-mini S&Ps (ESZ14 +0.23%) this morning are up +0.17% and European stocks are unchanged after falling back from a 2-1/4 month high as China led a rally in emerging markets on speculation a slowdown in growth will prod China into expanding stimulus. The Russian ruble held near a record low against […]
Gold – The Pop
We closed above the 1217 level suggesting we will press a bit higher. We now need a closing above 1220 to signal a rally is possible up to the 1255 to 1275 area. We need a year-end closing above 1310 to shift gold into a neutral position. A number of emails have poured in asking […]
Risk Premia Forecasts | 2 December 2014
The expected risk premium for the Global Market Index (GMI) continued to fall in November. GMI, an unmanaged, market-value weighted mix of the major asset classes, is currently expected to earn an annualized 3.9% over the “risk-free” rate for the long term (for details on the methodology, see summary below). Today’s forecast is slightly below last month’s 4.0% […]
EUR/USD Forex Signal For December 2, 2014
EUR/USD Signal Update Yesterday’s signal to go short after a bearish rejection of the 1.2503 level was triggered. Look to protect profit or take partial profits at the first short-term bullish candlestick after the price reaches 1.2420. Levels at 1.2405 and 1.2360 make realistic near-term targets. Today’s EUR/USD Signals Risk 0.75% All trades must be entered […]
What You Need To Know About Investment In China In 8 Charts
Jamil Anderlini, writing in the Financial Times, brought our attention to some Chinese government research about the debt in China and how it has been used for investment in that country. See China has ‘wasted’ $6.8tn in investment, warn Beijing researchers. Looking deeper into the subject, including looking at the paper Anderlini reported on (Inefficient and ineffective […]
2014 Is Now The Worst Year For US Macro Data Performance Since 2008
Once again the cyclical patterns in US macro data are re-emerging as extrapolated hopes fade into mean-reverting credit-impulse-hangover-driven realities. Despite all the hopes and dreams of escape velocity, cleanest-dirty-shirt-wearing economic enthusiasts, year-to-date performance of Citi’s US Macro Surprise index is at its lowest level since 2008. The worst performing US Macro data since 2008… Whether this […]
Taking The Strategic Intelligence Model To Moscow
I am going to visit Moscow next week. I was invited by the Moscow State Institute of International Relations to speak on strategic analysis, their term for what Stratfor calls strategic forecasting. Going to Moscow would give me pause under any circumstances. I am a product of the Cold War, and for me, at some […]
