Gold Vs. U.S. Dollar Charts – What’s Next?
Aug 25, 2017
Jeremy Parkinson
Finance
Both gold and the U.S. dollar have an awesome setup. They both suggest what is likely to come next, at least in the short to medium term. First, the dollar corrected more than 10 percent since the first days of this year. That is meaningful for the most traded currency in the world. The dollar […]
The Smile Curve: The Distribution Of Benefits From Global Value Chains
Aug 25, 2017
Jeremy Parkinson
Finance
Global value chains have been on the rise. Roughly one-third of international trade is “traditional” trade, in which all of production happens in one country and all of consumption happens in another. About two-thirds is either a “simple” global value chain, in which “value added crosses national borders only once during the production process, with no […]
The Slow Storms Are The Most Dangerous
Aug 25, 2017
Jeremy Parkinson
Finance
Hurricane Harvey is rocking gasoline prices and distillate prices. The market is viewing this as mainly a refining event. Yet with the nature of this storm changing and the possibility it will be a slow mover, it could spark not only refining issues but production levels as well. Not only could a slow-moving storm shut […]
Splunk Inc. Shares Climb Up On Better Than Expected Earnings
Aug 25, 2017
Jeremy Parkinson
Finance
Splunk Inc. (SPLK), a global software solutions company, yesterday reported their fiscal second quarter 2017 financial results. Splunk reported adjusted second quarter earnings of $0.08 per share which beat analyst expectations of $0.06 per share. SPLKreported second quarter revenues of $280 million which fell short of analyst expectations of $268.7 million. Splunk Inc. CEO’s Comments “I […]
Headline Durable Goods Orders Plummet In July, Largest Drop In Two Years
Aug 25, 2017
Jeremy Parkinson
Finance
The Advance Report on Manufacturers’ Shipments, Inventories, and Orders released today gives us a first look at the latest durable goods numbers. Here is the Bureau’s summary on new orders: New orders for manufactured durable goods in July decreased $16.7 billion or 6.8 percent to $229.2 billion, the U.S. Census Bureau announced today. This decrease, […]
Dividend Or Growth Stocks – The Best Investment
Aug 25, 2017
Jeremy Parkinson
Finance
Should I Invest In Dividend Or Growth Stocks? To someone learning how to invest in the stock market, the amount of options you have can be somewhat overwhelming. Stocks, bonds, annuities, options, forex, ETFs. It can all be a little too much to think about. I’m going to take a little time to go over […]
Bull Of The Day: Tyson Foods (TSN)
Aug 25, 2017
Jeremy Parkinson
Finance
Founded in 1935 and headquartered in Springdale, Arkansas, Tyson Foods (TSN) is one of the largest food companies in the world. They produce, distribute and market chicken, beef, pork, prepared foods and related products. They currently operate in the US, China, and India and sell food all over the world. Their products are marketed and sold primarily […]
Morning Call For Friday, August 25
Aug 25, 2017
Jeremy Parkinson
Finance
OVERNIGHT MARKETS AND NEWS Sep E-mini S&Ps (ESU17 +0.25%) this morning are up +0.24 and European stocks are up +0.29% ahead of speeches later today from Fed Chair Yellen and ECB President Draghi at the Kansas City Fed’s annual symposium in Jackson Hole, WY. A +0.43% rally in Sep COMEX copper (HGU17 +0.53%) to a […]
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A Quant Manager Takes Aim At The Cult Of VIX
Aug 25, 2017
Jeremy Parkinson
Finance
Cliff Asness, co-founder of AQR Capital Management, has a request: “Please Stop Talking About the VIX So Much.” The popular risk metric, which tracks the implied volatility of the S&P 500, has been unusually low, at least its latest pop. Obsessing over the VIX, however, is getting under his skin. “When people talk about the VIX they […]
5 Interesting Facts About The USD
Aug 25, 2017
Jeremy Parkinson
Finance
The U.S. dollar, referred to as the USD, is the staple of the financial system and is used in virtually every corner of the globe. Beyond being one of the world’s biggest currencies, the greenback has some interesting hidden gems you may not have heard of before. Below are five fascinating facts about the USD […]