Author Archive: Jeremy Parkinson
Fed Hints It Won’t Bail Out Stocks Next Time
Curious why, even as many were expecting at the time, the Fed decided against commenting on the October market swoon? Here is the answer, in the Fed’s own words: … members considered the advantages and disadvantages of adding language to the statement to acknowledge recent developments in financial markets. On the one hand, including a […]
Here’s Why I Think The Fed Is More Insane Than The PBoC
Yesterday I saw this chart on Twitter. Sorry I can’t find the original tweet. The point of it was that the PBoC makes the rest of the world’s central banks look like pikers in terms of how much they have expanded their balance sheets. Wolf Richter also wrote a post about this phenomenon. Relative Growth of […]
Gold Traders/Investors…Keep A Close Eye On This Action
CLICK ON CHART TO ENLARGE Gold remains inside of this well defined falling channel. Gold is near the top of the channel and the rally of late has taken it to the “underside” of a year long resistance line. IMHO, Gold traders & investors should keep a close eye on what Gold does here!
All Currencies Are Not Equal
Traders tend to focus on the here and now of price movements, watching a range of currency pairs and picking whichever ones look most active or technically interesting to trade. While it can be a good thing to be diversified and to spread your risk around the market, don’t fall into the trap of thinking […]
Do Dividend-Paying Stocks Provide Enough Income
Equity Ownership When a corporation sells shares of its own stock, these represent ownership in the company. In other words, a purchaser of even just one share of stock in a company is an owner of the company, albeit a very small owner. As a company prospers, it has the option to reinvest profits back […]
Residential Building Sector Again Mixed In October 2014, But Long Term Growth Still Trending Down
Residential building permits were a mixed bag. Although the amount of permits was higher than completions this month – the amount of permits continues to trend down. The unadjusted rate of annual growth for building permits in the last 12 months has declined from a channel between 25% and 40% to a channel under 10% […]
Yield Curve Today
Today the curve is dropping with nominal yields rising. Implication (taking one singular day as a stand-alone)? Anti-gold and pro-risk ‘ON’… among other things. Hey, that’s what it says today… 10, 5 & 2yr yields from Bloomberg
Market Commentary: Averages Off Session Lows And Trending Sideways
Written by Gary Markets have recovered fractionally from the morning lows, but still remain in the red. The noontime trend is up, but is now not expected to rise into the green anytime this session as volume is falling to sometimes anemic levels. By noon the averages had recovered half of the morning losses and appeared […]
Best Of The Nasdaq 100
I wanted to find the 5 NASDAQ 100 stocks with the most consistent momentum and charts so I used Barchart to sort the NASDAQ 100 Index stocks for the stocks with the most frequent new highs in the last month then used the Flipchart feature to review the charts. Today’s list includes Automatic Data Processing (NASDAQ:ADP), Intuit (NASDAQ:INTU), Cisco Systems (NASDAQ:CSCO), O’Reilly Automotive (NASDAQ:ORLY), Bed Bath […]
