GDPNow Vs Nowcast Gap Widens Again, Huge GDPNow Inventory Contribution
Oct 13, 2018
Jeremy Parkinson
Finance, No picture
The Atlanta Fed GDPNow Model Forecasts 4.2% GDP Growth. Nowcast is 2.3%. Inventories contribute 2.2 % to GDPNow. The gap between the GDPNow and Nowcast Third-Quarter GDP estimates widened slightly to 1.9 percentage points. The latest estimates are 4.2% for GDPNow on October 10 and 2.3% for Nowcast on October 12. The inventory contribution […]
Return Of The Trader
Oct 13, 2018
Jeremy Parkinson
Finance, No picture
Volatility has returned with a vengeance. The market is no longer buy and hold. Now is the time for traders to get back to work and take advantage of the massive opportunity in the market. In this crucial weekend video newsletter update we look at all the opportunities in the coming week.
Constructive Price Action Leads Technicals
Oct 13, 2018
Jeremy Parkinson
Finance, No picture
Turmoil in the equity market helped spur the technical pullback in the dollar we anticipated. The greenback finished the week on a firm note as equities stabilized.The technical indicators, which signaled the likely correction, have not turned in the dollar’s favor, but the price action itself was more constructive. Dramatic equity market losses weighed on the […]
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Has Costco Become A Bargain After Its Recent Correction?
Oct 13, 2018
Jeremy Parkinson
Finance, No picture
Costco (COST) enjoyed an impressive rally in the 11 months leading to early September, as it rallied 57% during that period. However, the stock has incurred a 10% correction in the last month. As Costco rarely incurs prolonged corrections and almost always trades at a premium valuation, the big question is whether the stock has […]
The Stock Market Rout: A Healthy Correction, Or The Start Of A Bear Market?
Oct 13, 2018
Jeremy Parkinson
Finance, No picture
Video Length: 00:06:19 Is a bear market beginning? The stock market was pummeled in a two-day stretch from Oct. 10-11, with major indexes tumbling across the globe. This has led many investors to wonder if the much-anticipated beginning to the next bear market is underway. My answer? Probably not. The recent downturn looks a lot […]
Recapping The Volatile Week For Gold, GDX, Silver, The USD And US Markets
Oct 13, 2018
Jeremy Parkinson
Finance, No picture
With the crazy week in the markets now coming to an end Doc (Richard Postma) and I look at the charts to see what has changed. We discuss everything from metals to the USD to markets. (Audio length 00:12:16)
Stocks’ Last Cheap Sector
Oct 13, 2018
Jeremy Parkinson
Finance, No picture
The lofty stock markets suffered a sharp selloff this week that may prove a major inflection point. There was one lone sector that bucked the heavy selling to surge in the carnage, the gold miners’ stocks. They are the last cheap sector in these bubble-valued stock markets, long overlooked and neglected. Wildly undervalued today, the […]
Below Trade Expectations Firm Corn And Soybean Prices
Oct 13, 2018
Jeremy Parkinson
Finance, No picture
Market Analysis With the general market mantra “Big crops get bigger” and spillover negative economic ideas from a weakening US stock market, October’s below trade expectations in both corn & soybean outputs caught the market leaning. With the trade expecting a higher yield, corn’s 1.1 bu low-er US level provided the biggest percent price lift. […]
Ranking The Value Of “Nation Brands”
Oct 13, 2018
Jeremy Parkinson
Finance, No picture
What comes to mind when you think about Spain or Japan? Just like anything else, our brains tend to associate certain images and attributes with a given country in order to form a unique mental perception. In a global marketplace, a country’s national image can be one of its most valued assets or a challenging […]
Reality Versus Market Agitprop: Did Everyone Really Turn Bearish On Wednesday?
Oct 12, 2018
Jeremy Parkinson
Finance, No picture
I was going to leave well enough alone on Friday when it comes to whether the technical selloff on Wednesday and its less dramatic sequel on Thursday together presage something ominous into year-end. But reader feedback over the last few hours suggests an appetite for “more cowbell” (as it were) and I can certainly understand […]