EU Bullet Report | EUR And Gold Skyrocket After ECB
Mar 11, 2016
Jeremy Parkinson
Finance
Overnight, U.S. stocks were mixed on a volatile, choppy day of trading as European Central Bank president Mario Draghi spooked global markets by vowing not to reduce rates any further after its Governing Council approved a wide range of stimulus measures on Thursday. The move saw the EUR reverse earlier losses in a dramatic and brutal fashion […]
5 Stocks To Gain From Medical Device Excise Tax Exemption
Mar 11, 2016
Jeremy Parkinson
Finance
“The stock market is the story of cycles and of the human behavior that is responsible for overreactions in both directions.” – Seth Klarman Indeed, ahead of the race to the 2016 U.S. Presidential election, the investment scenario in the country looks rather tense. Investors are becoming more skeptic by the day as speculations fill […]
WTI Crude Oil And Natural Gas Forecast For March 11, 2016
Mar 11, 2016
Jeremy Parkinson
Finance
WTI Crude Oil The WTI Crude Oil market initially fell during the course of the session on Thursday, but found enough support just below to turn things back around and form a bit of a hammer. This tells us that the market could very well rally from here, and I believe a break above the […]
Picturing Pensions
Mar 11, 2016
Jeremy Parkinson
Finance
Photo Credit: Tori Barratt Crane || “When is the next pension check coming, dear?” I’ve seen a small group of pension articles in the recent past, none happy: Europe Faces Pension Predicament More Companies Freezing Corporate Pension Plans The Tragedy Of California’s Public Pensions Retirement Is Looking Even Worse for Americans A defined benefit pension is […]
Selling Wine And Investment Advice: The Same Methods Are Used
Mar 11, 2016
Jeremy Parkinson
Finance
Introduction In writing on wine and finance, I notice a lot of similarities. Most people cannot tell the difference between expensive and inexpensive wines, but the retailers use “descriptors” to convince them to buy. And while there are no investments strategies that outperform markets in the long run, those selling investment advice use their own […]
Will This Be A Major And Famous Gold Bottom?
Mar 11, 2016
Jeremy Parkinson
Finance
Mostly, we stick to the indicators in our methodology, which are driven by price action, sentiment, intermarket dynamics and futures market structures. However, exceptionally, we focus on more fundamental aspects. In this article, we’ll cover several aspects, from a very long term perspective. Fundamentally, we could make the case that gold has made a long […]
EC
Roller Skating In A Buffalo Herd
Mar 11, 2016
Jeremy Parkinson
Finance
The ECB fired its “bazooka” yesterday, cutting official rates more into negative territory, increasing QE by another €20bln per month, expanding the range of assets the central bank can buy to now include corporate bonds, and creating a new 4-year program whereby the ECB will loan long-term money to banks at rates that could be […]
ECB Indulges In Further Monetary Easing
Mar 11, 2016
Jeremy Parkinson
Finance
With deflation in the Eurozone persistently low and well below target and growth, well, putting it kindly; tentative, it had been widely expected that the European Central Bank would act to make its monetary policy even more accommodative. This was expected to be within the scope of its asset purchase programme which sees €60 billion […]
Goldman Is About To Be Stopped Out Of Its Gold Short
Mar 11, 2016
Jeremy Parkinson
Finance
Given China’s new focus on a basket of currencies, rather than pegging to the dollar alone, today’s record-breaking reversal in EUR has sparked a yuuge 300 pips rally in Offshore Yuan (from 6.5270 to 6.4940) pushing to its strongest level since mid-December. At the same time, Gold is accelerating as China opens, pushing up to $1288 – […]
Dollar General Q4 Earnings Top, Guides FY16, Ups Dividend
Mar 11, 2016
Jeremy Parkinson
Finance
Dollar General Corporation (DG – Analyst Report) released a fourth straight quarter of positive earnings surprise with its fourth-quarter fiscal 2015 results. The company posted quarterly earnings of $1.30 per share that beat the Zacks Consensus Estimate of $1.27, and rose 11.1% from the year-ago period on the back of higher sales and share repurchase activity. The stock […]