Transitory
Apr 18, 2017
Jeremy Parkinson
Finance
I suspect that Federal Reserve officials would prefer to not speak about inflation, nor ever again be asked about it. When oil prices first crashed at the end of 2014, they said it was a “transitory” phenomenon not worthy of much attention. Or if it was to be given some consideration, it was a benefit […]
How To Trade Mastercard Incorporated This Week
Apr 18, 2017
Jeremy Parkinson
Finance
Mastercard Inc has Underperformed its Peers but Fundamentals are Strong 2017 is shaping up to be the year of rising interest rates and increasing profits for banks and credit card companies. But the recent performance of Mastercard Inc (MA) has underwhelmed to a degree. The stock has performed in a rather lacklustre way against its […]
Is It A Good Time To Invest In Stocks?
Apr 18, 2017
Jeremy Parkinson
Finance
The cash pile of equity mutual funds (MFs) has climbed to multi-year highs, amid sharp investor inflows since October. Steep volatility in the markets has made fund managers cautious, awaiting opportunities to deploy the cash. As per an article in The Business Standard, cash as a percentage of equity assets under management has increased 116 basis points, or […]
Watch List Stocks: TMHC, SCSS, FLEX
Apr 18, 2017
Jeremy Parkinson
Finance
My watch list stocks to trade Bulls finally found some relief. If you think that the bears have control of this market you are wrong. They never even had it in the first place. Put it this way, if the bulls rally more than 13 points on SPX, the market will be back in the […]
Gold-Silver Divergence
Apr 18, 2017
Jeremy Parkinson
Finance
Gold and silver went up the dollar went down, +$33 and +$0.53 -64mg gold and -.05g silver. The prices of the metals in dollar terms are readily available, and the price of the dollar in terms of honest money can be easily calculated. The point of this Report is to look into the market to understand the fundamentals […]
Hippity Hoppity
Apr 18, 2017
Jeremy Parkinson
Finance
Podcast: Play in new window | Play in new window (Duration: 13:15 — 7.6MB) DOW + 183 = 20,636 SPX + 20 = 2349 NAS + 51 = 5856 RUT + 15 = 1361 10 Y + .02 = 2.25% OIL – .43 = 52.75 GOLD – 3.80 = 1285.00 The S&P 500 is coming off a three-day losing […]
Three Easy Steps To Beat The “Wall Street Casino”
Apr 17, 2017
Jeremy Parkinson
Finance
“You’ll never make that money back!” the pitchman breathlessly exclaimed. The guy on the radio was selling annuities and warning investors not to put their money in the risky “Wall Street casino.” He tried to scare listeners by telling them that if the market crashed, like it did in 1987, or if we have another […]
Nikkei Closes Lower On Geopolitical Tension
Apr 17, 2017
Jeremy Parkinson
Finance
On Friday, the Nikkei closed lower amid geopolitical tension across the globe. There wasn’t just one, but two incidents that came about. The Nikkei also dropped as the yen surged higher. Data from the U.S. sparked some hope that global growth is still doing well. The Nikkei dropped 0.49% to 18,335.63. Geopolitical Problems There were […]
Where Does The World’s Biggest Oil Importer Get Its Crude
Apr 17, 2017
Jeremy Parkinson
Finance
China is the world’s largest net importer of crude oil, and in recent years, China’s crude oil imports have increasingly come from countries outside the Organization of the Petroleum Exporting Countries (OPEC). As the EIA reports in a recent blog post, while OPEC countries still made up most (57%) of China’s 7.6 million barrels per day […]
Buy Climax
Apr 17, 2017
Jeremy Parkinson
Finance
SPX Monitoring purposes; Long SPX on 4/12/17 at 2344.93. Monitoring purposes Gold: Long GDX on 4/13/17 at 24.54. Long Term Trend monitor purposes: Neutral. Last Thursday, the TRIN closed at 2.29 and the Ticks closed at -315 and that combination suggests a bottom will form the same days as the reading to as late as […]