For Whom The Consumer Confidence Bell Tolls
Nov 25, 2014
Jeremy Parkinson
Entertainment
The trend is your friend, but maybe not when it extends to meet a secular downtrend. That’s what the Consumer Conference Board’s ConsumerConfidence (aka the ConCon Con) Index showed today. It shocked Street conomists, whose consensus guesstimate was a reading of 96. Instead it came in at 87. I see little value in this number. While the secular trend has been […]
30 Year Yield Drops Below 3.00% As Richmond Fed Tumbles Most Since 2006
Nov 25, 2014
Jeremy Parkinson
Entertainment
Despite the clear message from stocks that everything in the world is awesome, 30Y Treasury yields have tumbled back below 3.00% – 1-month lows. Perhaps the slew of disappointing data is right after all that the US is not decoupling… just don’t tell stocks. Against expectations of a 16 print, Richmond fed printed 4, plunging from its […]
Oil Edges Down Ahead Of OPEC
Nov 25, 2014
Jeremy Parkinson
Entertainment
OPEC is considering exemptions for three nations from any potential oil-production cuts. Saudi Arabia’s oil minister told reporters that he didn’t know what OPEC should do at its next meeting but he didn’t anticipate a difficult meeting when the group meets on Nov. 27 to decide its response to slumping crude. According to a source […]
The Most Important Move To Make Now With Your Investments
Nov 25, 2014
Jeremy Parkinson
Entertainment
The following is an excerpt from Rich As A King: How the Wisdom of Chess Can Make You a Grandmaster of Investing. by Douglas Goldstein and Susan Polgar. Initiative: Controlling the Pace of Your Investment game The game of chess, it would appear, is more than a simple matter of black vs. white. Statistical studies of […]
Will “Invest In Europe” Be DOA?
Nov 25, 2014
Jeremy Parkinson
Entertainment
European Commission (EC) President Juncker is set to unveil a new investment program. It sounds good: a fiscal complement to the monetary policy stance of the ECB. Expectations are running high that the ECB will move to more aggressively expand its balance sheet, record low bond yields in many euro area countries, negative 2-year yields in […]
Market Commentary: SP500 Opens To New High, Then Falls Dramatically
Nov 25, 2014
Jeremy Parkinson
Entertainment
Written by Gary Premarkets were up +0.2% after the US GDP came in at 3.9% and the SP500 gaped up at the opening to set another new historic high while the DOW remained 40 points below its high mark. Opening volume was also a dichotomy with very high red volume holding back the BTFDers. By 10 […]
Yingli Green Energy Reports Third Quarter 2014 Results
Nov 25, 2014
Jeremy Parkinson
Entertainment
BAODING, China, Nov. 25, 2014 /PRNewswire/ — Yingli Green Energy Holding Company Limited (NYSE: YGE) (“Yingli Green Energy” or the “Company”), the world’s largest vertically integrated solar panel manufacturer, known as “Yingli Solar,” today announced its unaudited consolidated financial results for the quarter ended September 30, 2014. Logo Third Quarter 2014 Consolidated Financial and Operating Summary Total net revenues were RMB 3,385.2 […]
Apple Could Be Worth $175 Billion More, If It Hits $150 Target
Nov 25, 2014
Jeremy Parkinson
Entertainment
Click on picture to enlarge Apple breaks through the $700 Billion in market cap value today, a level not too many stocks have ever reached in history! Apple could add another $175 in market cap if this is hit! Two weeks ago today the Power of the Pattern shared at See It Markets, that 30-year […]
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Model Portfolios Updated
Nov 25, 2014
Jeremy Parkinson
Entertainment
Thanks in part to my special report on Benitec the BTEBY share is now showing a gain. The Down Under management is a bit overwhelmed by the trigger-happy US market but they are quick learners. They set up three investor days, in San Francisco, Boston, and New York in order to get their message to shareholders. I […]
Peter Schiff To Krugman: It’s Too Early To Declare A Fed Victory
Nov 25, 2014
Jeremy Parkinson
Entertainment
You might have noticed that Paul Krugman came out swinging at Peter Schiff and Austrian economics in his New York Times column this weekend. Peter responded to the hit-piece, explaining to Krugman why he’s declaring a Keynesian victory far too early. Highlights from Peter’s response to Paul Krugman: “Krugman really hasn’t studied the Austrian School at […]