Author Archive: Jeremy Parkinson
TLT & TLT-SPY
The long bond fund TLT has looked just fine, as we had been noting in NFTRH ETF updates during its bowl-like pattern. It’s now broken above it. Daily MACD and RSI are both good. Risk ON/OFF indicator TLT-SPY has however, not made such a move. Just a little snapshot into one of myriad things to […]
Stick With Stock ETFs, But Consider A Multi-Asset Hedge
According to updated GDP reports, the U.S. economy grew at its fastest back-to-back quarterly rate since 2003. Yet few would attribute the U.S. dollar’s surge against competing currencies to the upbeat news. Rather, the dollar’s ascent is mostly a function of declining economies in Europe and Asia. Even the most ardent optimists realize that the […]
Despite Lower Consumer Confidence And A Tiffany’s Miss, The Holiday Shopping Outlook Remains Positive
The world’s second largest luxury jewelry retailer, Tiffany’s, reported their third quarter results before the opening bell, and tepid results had some worried about what this means for their holiday season. Earnings per share came in at $0.76, below the Estimize consensus of $0.82 and the Wall Street consensus of $0.78, yet increasing a modest 4% […]
Consumer Confidence Has Biggest One Month Decline In A Year
CLICK ON CHART TO ENLARGE Consumer Confidence dropped almost 6% from last month, which happens to be the largest decline since last October’s -9.73% fall.
Hard To Say This Is Bearish
Strongest Six Months In A Decade It is difficult to imagine a new bear market starting when the economy is growing and the technicals are favorable. Tuesday’s GDP report showed the U.S. economy is coming off the strongest six months of growth in a decade. From Bloomberg: Gross domestic product, the value of all goods and […]
EC This Is Probably The Second Worst Time In History To Own Stocks
This stock market is now the second most overbought, the second most overvalued and most most over-leveraged market in history. Overbought: My friend, Dana Lyons, recently posted the chart below which shows the S&P 500 in relation to its exponential regression trend line. The only other time in history stocks were this “overbought” (traded more than 90% […]
Cool Video: John Authers–What Can Go Wrong
This Cool Video is a overview of the divergence theme. John Authers of the Financial Times as put together about an 8.5 minute video that discusses the “bullish on America” sentiment that is a key driving forces in the capital markets. He interviewed several economists/strategist and money mangers, including myself. The link here will also bring you […]
Market Commentary: Averages Fall Off Morning Highs, Further Weakening Expected
Written by Gary The morning session drifted lower and started to regain losses by 11:30 am. The market trend is now melting up, but the averages remain in a mixed state fluctuating between the unchanged line. By noon the DOW and small caps were in the green and volume was falling fast touching on anemic at […]
Recent Stock Purchase – November 2014
With the stock market on a tear, closing up five straight weeks in a row, many dividend bloggers have begun to echo the sentiment about finding relative bargains again. To be certain, despite these fantastic runs we have experienced in the Dow and S&P, there are still a lot of high quality names in the […]
Follow The Sand To The Real Fracking Boom
When it takes up to four million pounds of sand to frack a single well, it’s no wonder that demand is outpacing supply and frack sand producers are becoming the biggest behind-the-scenes beneficiaries of the American oil and gas boom. Demand is exploding for “frac sand”–a durable, high-purity quartz sand used to help produce petroleum […]
