Dollar Correction To Continue
Nov 17, 2018
Jeremy Parkinson
Finance, No picture
Sterling was the only major currency to have a worse week than the US dollar. Prime Minister May may have secured the wording for an agreement in principle with the EC and managed to get a majority of the cabinet to support it, but seems increasingly unlikely to pass the last hurdle, Parliament. US President […]
Sector Rotations Provide These Immense Opportunities
Nov 17, 2018
Jeremy Parkinson
Finance, No picture
It was another fantastic week trading a two sided market. In this crucial weekend video newsletter update we take a look at which stocks money is flowing out of and which stocks money is flowing into. Watch the video and take advantage of these trading opportunities while you can.
Economic Data And Forecasts For The Weeks Of November 19 And 26
Nov 17, 2018
Jeremy Parkinson
Finance, No picture
Here are my forecasts for upcoming economic data. Forecast Prior Observation Consensus Week of November 19 November 19 NAHB Index 68 68 68 November 20 Housing Starts – October 1.225M 1.201 1.240 […]
SPX Retests Trendline
Nov 17, 2018
Jeremy Parkinson
Finance, No picture
VIX bounced off the low of November 8 to challenge its weekly Cycle Top at 20.40, but closed beneath it. Note the higher high and higher low as it gains technical strength. VIX is positioned for a resumption of the rally through the end of the month. Normal seasonality would call for calm through […]
Corporate Debt Will Not Be The Basis For Another Financial Crisis/Great Recession
Nov 17, 2018
Jeremy Parkinson
Finance, No picture
The folks who remain determinedly ignorant about the financial crisis and Great Recession continue to look for another crisis where it isn’t. Much of the latest effort focuses on corporate debt. There are four big reasons why corporate debt does not pose anything like the same sort of problem that mortgage debt did during the housing bubble years. First, […]
55 Firms Going Ex-Dividend Next Week, Including Valero, Target And Prudential
Nov 17, 2018
Jeremy Parkinson
Finance, No picture
There are several well known large cap stocks going ex-dividend next week including the following nine: Valero Energy, Discover Financial, Hershey Company, Marathon Petroleum, Prudential, L Brands, Magna International, National Grid and Target. Ex-dividend dates are important to dividend investors because one must own a stock on its ex-dividend date in order to be eligible to receive its […]
Gold Miners’ 3Q18 Fundamentals
Nov 17, 2018
Jeremy Parkinson
Finance, No picture
The major gold miners’ stocks remain mired in universal bearishness, largely left for dead. They are just wrapping up their third-quarter earnings season, which proved challenging. Lower gold prices cut deeply into cash flows and profits, and production-growth struggles persisted. But these elite companies did hold the line on costs, portending soaring earnings as gold […]
Which Countries Want To Leave The EU After Brexit: Euro Analysis
Nov 17, 2018
Jeremy Parkinson
Finance, No picture
MORE COUNTRIES MIGHT WANT TO LEAVE THE EU AFTER BREXIT Traders in EURUSD and the Euro crosses would do well to look out for any signs that other countries are thinking of following the UK’s lead and leaving the bloc, particularly if the UK secures good Brexit terms with Brussels. Inevitably, at the top of the list […]
How Might Market Reactions Guide Brexit Votes?
Nov 17, 2018
Jeremy Parkinson
Finance, No picture
(Video length 00:04:57) On the latest edition of Market Week in Review, Senior Quantitative Investment Strategy Analyst Dr. Kara Ng and Rob Cittadini, director, Americas institutional, discussed the latest developments surrounding Brexit, recently released economic data from China and U.S. Federal Reserve (the Fed) Chair Jerome Powell’s remarks on the state of the economy. Tumultuous […]
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Central Banks Are Withdrawing Support From Government Bond Markets
Nov 17, 2018
Jeremy Parkinson
Finance, No picture
The asset holdings of the important central banks are shrinking (Fed, BOJ, ECB), as the three central banks have shifted from quantitative easing towards quantitative tightening. The three central banks were involved in a substantial program of bond buying in the wake of the 2008 financial meltdown to stimulate their own economies as well as […]