Gold Just Entered A Massive Bull Market
Aug 25, 2017
Jeremy Parkinson
Finance
I have been watching the price of gold closely. I’m tracking its short-term swings and anticipating where the next move will be. And while I expect gold to make another move lower, I couldn’t help but notice it recently broke out into a new bull market. When I looked at gold over a long-term chart, there were […]
Stocks Bounce As Investors Wait For A Tax Cut
Aug 25, 2017
Jeremy Parkinson
Finance
Stocks Bounce As Bulls Quell Bearish Pressure- For Now Stocks rallied last week after the narrative in D.C. shifted toward a tax cut. From a technical perspective, as long as Monday’s low holds, this appears to be another short-term and shallow pullback. The major indices are tracing out a new early entry (see the latest […]
85 Firms Going Ex-Dividend Next Week, Including McDonald’s, Pepsico And Kohl’s
Aug 25, 2017
Jeremy Parkinson
Finance
There are several well known large cap stocks going ex-dividend next week including the following nine Top 100 Dividend Stocks: Qualcomm, Dominion Resources, Magna International, McDonald’s, Pepsico, Principal Financial Group, Fluor, Kohl’s and Schlumberger. Ex-dividend dates are important to dividend investors because one must own a stock on its ex-dividend date in order to be eligible to receive […]
Euro Spikes To January 2015 High As Draghi Speaks At Jackson Hole
Aug 25, 2017
Jeremy Parkinson
Finance
Right, so when you think about Draghi’s remarks at Jackson Hole, don’t forget how the context has morphed over the past couple of weeks. After WSJ tipped Draghi’s speech back in July, the assumption was he’d take the opportunity to telegraph something about the wind down of QE and that was of course all kinds of bullish […]
Market Talk – Friday, August 25
Aug 25, 2017
Jeremy Parkinson
Finance
Main talking point out of Asia this morning were the continued strong earnings reports and the subsequent buying conviction. In Hong Kong the Hang Seng gained over 1.2% whilst the domestic Shanghai index rallied near 2% after earnings beat expectations to finish the week well bid. We saw solid gains in Financials, energy, communications and […]
A Peak Above All Others
Aug 25, 2017
Jeremy Parkinson
Finance
“Valuations are still well below the peak of 1999” say the bulls. They are certainly correct from an absolute basis but we caution that the current level of market euphoria is in a league of its own when compared to prior peaks on an “apples to apples” basis. The following table compares earnings growth and […]
10 Truths About Trading That No One Tells You
Aug 25, 2017
Jeremy Parkinson
Finance
1. You can get paid rebates every time you make a trade. Do 10 trades/day and you can make 5-10% per year without making a single pip of profit. 2. If you use anything greater than 10X leverage on your opening trade your chance of losing all your money is 100% (that’s my opinion, not […]
A Silver Lining? Harvey Models Shift Slightly West
Aug 25, 2017
Jeremy Parkinson
Finance
As we head into the weekend and energy traders place their final bets, the latest weather models are showing a couple trends that indicate some energy infrastructure may be spared the worst of Harvey. Though the imminent landfall and impacts over the next couple of days remain high confidence, we see confidence fall off rapidly […]
Is Geopolitical News Weighing More On Markets?
Aug 25, 2017
Jeremy Parkinson
Finance
In today’s edition of Market Week in Review, Consulting Director Todd LaFountaine interviewed Mark Eibel, director, client investment strategies, about the impact of recent U.S. geopolitical news on financial markets. Equity markets taking stock of U.S. geopolitical headlines Markets are starting to react a little differently to news from Washington, D.C., Eibel said, although not […]