Long-Term Household Income And Wealth Gains Favor Older Americans
Oct 17, 2017
Jeremy Parkinson
Finance
from the St Louis Fed — this post authored by William Emmons, Lead Economist, Center for Household Financial Stability Household income went up in 2016, and relatively fewer families were in poverty or were without health insurance, according to a Census Bureau report. And senior citizens benefited most of all. According to the Census Bureau’s annual […]
How Many Hours Americans Need To Work To Pay Their Mortgage
Oct 17, 2017
Jeremy Parkinson
Finance
How Many Hours Americans Need to Work to Afford a Home When it comes to the cost of living in cities, a general rule of thumb is that housing prices are much higher in the country’s economic and population hubs, especially in the cities along the coasts. Particularly in recent years, prices have been pushed […]
Boeing Rival Airbus Steps Into C Series Fight With Bombardier
Oct 17, 2017
Jeremy Parkinson
Finance
Shares of Boeing (BA) are in focus in morning trading after rival Airbus (EADSY) announced plans to buy a majority stake in Bombardier’s (BDRBF) C Series jet program. Boeing called the agreement, which comes amid a decision by the Commerce Department to hit Bombardier with tariffs that would quadruple the price of the C-Series aircraft, […]
3 Micro Cap Stocks That Are Worth Looking Into
Oct 17, 2017
Jeremy Parkinson
Finance
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. As a long term investor, you need to own every piece of the investment puzzle to be fully diversified. And while investors tilt their asset allocations more towards safer, large cap stocks, there […]
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Is The Sun Set To Rise On ASTI?
Oct 17, 2017
Jeremy Parkinson
Finance
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. In the battered and beaten solar sector, one company is still standing and getting ready to reinvent itself for what could be a very interesting sunrise. Ascent Solar Technology Inc. (ASTI), is going […]
Nasdaq Futures: Impulsive Rally
Oct 17, 2017
Jeremy Parkinson
Finance
Nasdaq Futures rally from 2.11.2016 low is unfolding as an Elliott Wave Impulse as we can clearly see three channels in price and momentum (RSI) to support this idea. Wave ((1)) ended at 4919.50 as a diagonal, wave ((2)) ended at 4558.50, wave ((3)) completed at 5907.50 and dip to 5560 completed wave ((4)) on […]
5 Energy Stocks Ready To Beat Earnings This Quarter
Oct 17, 2017
Jeremy Parkinson
Finance
Over the last three years, the energy market has experienced intense price volatility. However, it seems that following an extended period of relative weakness, energy stocks are finally on their way to recovery. With crude now back over $50 and natural gas revolving around the pivot point of $3, the panic that swept over the […]
Q3 Earnings Were Hurt By Hurricanes
Oct 17, 2017
Jeremy Parkinson
Finance
Q3 Earnings Update This week is when earnings season starts to pick up as Netflix – NFLX headlines the reports. Up until this week, 28 companies in the S&P 500 have reported earnings. Considering the fact that earnings growth is only expected to be 2.1% according to FactSet’s numbers, looking at explanations for why the […]
USD/CHF Testing Make-Or-Break Resistance
Oct 17, 2017
Jeremy Parkinson
Finance
USD/CHF Daily Chart Technical Outlook: Earlier this month we highlighted that USD/CHF was heading into a key resistance confluence at 9833 just ahead of the U.S. Non-Farm Payrolls report. The advance reversed sharply after registering a high at 9836 with the pullback rebounding off the 50-line of the ascending pitchfork formation we’ve been tracking off the yearly lows. The advance is once […]
Central Bank Chiefs And Currencies
Oct 17, 2017
Jeremy Parkinson
Finance
The market is fickle. It has jumped from one candidate to another as the most likely Fed Chair. Until his belated and mild criticism of the President dealing with race issues, economic adviser Cohn was regarded as the most likely successor to Yellen at the head of the Fed. When Cohn fell out of favor, it […]