Stocks And Precious Metals Charts – We’ll Always Have Paris
Oct 25, 2017
Jeremy Parkinson
Finance
For whatever reason, and I have some thoughts along those lines, the powers-that-be in American finance and politics are terrified of a decline in the US stock markets, ever since the election of His Donaldship. And so once again this bloated pig of a market continued to float just above the dangerous waters of correction […]
Emerging Markets In 2018: China, India … Or Both?
Oct 25, 2017
Jeremy Parkinson
Finance
Emerging markets were in great shape this year. We wrote repeatedly how excited we were, and even wrote several articles about emerging markets in 2018. Emerging Markets: Which Prices To Watch In 2018 Emerging Markets Will Be Strongly Bullish In 2018 5 Emerging Markets To Buy In 2018 This article compares the setup of India […]
Vishay Intertechnology – Chart Of The Day
Oct 25, 2017
Jeremy Parkinson
Finance
The Chart of the Day belongs to Vishay Technology (VSH).I found the electronic component stock by using Barchart to sort today’s 52 Week High list by the highest number of new highs in the last month, then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy in 9/11 the stock gained […]
The Market Is Frothy Bullish
Oct 25, 2017
Jeremy Parkinson
Finance
The Short-Term Trend It’s a new short-term downtrend. The indexes closed under the 5-day while several market indicators are pointing lower. Plus, this short-term uptrend was 7-8 weeks old, and it is time for a rest. New lows have picked up, but not too badly. Just enough to help confirm today’s weakness in the […]
Stocks, Bonds, Dollar, & Credit Dump As VIX Jumps To 6-Week High
Oct 25, 2017
Jeremy Parkinson
Finance
Well, that escalated quickly… Video length: 00:00:07 “Not” a record high… Trannies were worst on the day (not off the lows) but Boeing, Goldman, IBM, and Caterpillar weighed on the Dow. NOTE – Dow bounced off unch from Monday. All Implied Vols spiked today (S&P VIX topped 13 – above its 200DMA)…but then it had to […]
Historic Times For Equity Markets
Oct 25, 2017
Jeremy Parkinson
Finance
We have been mentioning the consistent rise in US markets over and over again but in this segment we take a step back and recap what truly is a historic time. At the end of last week the S&P 500 hit closed at new all-time daily highs everyday of the week. It also hit a […]
The “Real” Goods On The September Durable Goods Data
Oct 25, 2017
Jeremy Parkinson
Finance
Earlier today the Census Bureau posted the Advance Report on the latest Durable Goods New Orders. This series dates from 1992 and is not adjusted for either population growth or inflation. Let’s now review Durable Goods data with two adjustments. In the charts below the gray line shows the goods orders divided by the Census Bureau’s monthly […]
India Stock Index Nifty 50 And INDY: Price Performance And Divergence
Oct 25, 2017
Jeremy Parkinson
Finance
As forecasted by Investinghaven, India’s stock market had a stellar performance in 2017. India’s NIFTY 50, representing 50 of India’s large capitalization started 2017 at 8000 to recently cross above the 10000 level. INDY, iShares’ India 50 ETF tracking the performance of NIFTY 50 is up more than 30% for the year. In our article today, we will cover […]
September 2017 Philly Fed Coincident Index Year-Over-Year Rate Of Growth Slows
Oct 25, 2017
Jeremy Parkinson
Finance
The year-over-year rate of growth relative to the previous month of the US Coincident Index was down. A comparison of this US Coincident Index to other coincident indices follows. Analyst Opinion of the Current Status of the Coincident Indicators The reality is that most of the economic indicators have moderate to significant backward revision – and this […]
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The Tipping Point
Oct 25, 2017
Jeremy Parkinson
Finance
In his book “The Tipping Point” Malcolm Gladwell defines a tipping point as “the moment of critical mass, the threshold, the boiling point”. Given the recent upward acceleration of the price of the DJIA there appears to be a growing realization among market participants that equities are more favorable investments than bonds. Whether consciously or […]