World Markets At Inflection Point
Aug 24, 2017
Jeremy Parkinson
Finance
I don’t have much to say about the markets (as of Wednesday’s close), except to note that the World Market Index (50-day MA and 1900 near-term support level) and the SPX:VIXSPX: (200 price level) are, once again, at/near their respective inflection point. Downtrending technical indicators are not (yet) supportive of continuing strength in these equity markets and may be […]
Priceline: A Growth Powerhouse – Forecast Profits And/Or Cash Flow Not Prices!
Aug 24, 2017
Jeremy Parkinson
Finance
Introduction This is the second in a series of articles where I will cover popular and/or high profile stocks. The primary objective of this series will be to put a spotlight on the importance of forecasting future growth prior to making an investment decision. The central idea is to determine whether or not a reasonable […]
Crude Oil – Declining Inventories Vs. Climbing Production
Aug 24, 2017
Jeremy Parkinson
Finance
On Wednesday, light crude gained 1.21% after the EIA weekly report showed declines in crude oil and gasoline inventories. As a result, the black gold came back above the lower border of the trend channel, but can we trust this increase? Crude Oil’s Technical Picture Let’s take a closer look at the charts and find […]
Gold – Crossing The Rubicon
Aug 24, 2017
Jeremy Parkinson
Finance
Gold is challenging the $1300 level for the third time this year. If it breaks upwards out of this consolidation phase convincingly, it could be an important event, signalling a dollar that will continue to weaken. The factors driving the dollar lower are several and disparate. The US economy is sluggish relative to the rest […]
3 Soaring Hot Stocks With Big Insider Buying
Aug 24, 2017
Jeremy Parkinson
Finance
Using TipRanks’ popular Insiders’ Hot Stocks tool, we found which stocks best-performing corporate insiders like right now. We differentiate between informative and uninformative insider transactions in order to find the most compelling opportunities. Uninformative transactions indicate that an insider is buying/selling shares for reasons that do not necessarily indicate confidence in the company, such as exercising share options. […]
Stocks Have ‘Friends In High Places’
Aug 24, 2017
Jeremy Parkinson
Finance
Well, former trader and man who has been trying really, really hard lately to keep from flipping the fuck out in his daily missives, Richard Breslow, is out with his latest and it’s a winner. Richard’s Thursday piece touches on a variety of stories we’ve mentioned here over the past month, including the fact that the SNB […]
Freezing Of Bank Accounts: A New Threat For Savers
Aug 24, 2017
Jeremy Parkinson
Finance
Savers are getting strangled by regulations: new laws are threatening their assets and limiting their freedom. They have become prey to a sicker and sicker banking and monetary system. We have already warned about the BRRD directive, which authorizes a failing bank to bail itself out using its clients’ accounts, and mentioned in passing that the 100,000 […]
Kansas City Fed Survey: Accelerating Activity In August
Aug 24, 2017
Jeremy Parkinson
Finance
The Kansas City Fed Manufacturing Survey business conditions indicator measures activity in the following states: Colorado, Kansas, Nebraska, Oklahoma, Wyoming, western Missouri, and northern New Mexico. Quarterly data for this indicator dates back to 1995, but monthly data is only available from 2001. New seasonal adjustment factors were introduced in January 2017 and slight revisions […]
Will The China Shock Operate In Reverse?
Aug 24, 2017
Jeremy Parkinson
Finance
Everyone knows that China’s economy has had explosive economic growth in recent decades, with tidal effects through the rest of the global economy. In fact, China’s economy has come so far and so fast that some of the main shocks it has caused in recent decades may be about to move into reverse. At least, […]