Light Vehicle Sales Per Capita: Our Latest Look
Oct 03, 2018
Jeremy Parkinson
Finance, No picture
Note: The charts below have been updated to include the latest report on U.S. Light Vehicle sales from the BEA. For the past few years, we’ve been following a couple of transportation metrics: Vehicle Miles Traveled and Gasoline Volume Sales. For both series, we focus on the population adjusted data. Let’s now do something similar with the Light Vehicle […]
How To Play Dow Jones’ Surge With ETFs
Oct 03, 2018
Jeremy Parkinson
Finance, No picture
The Dow Jones Industrial Average hit a record high on optimism around global trade. The United States reached a trilateral agreement with Mexico and Canada governing $1 trillion worth of trade. The new agreement, called the U.S.-Mexico-Canada Agreement, is expected to be signed by leaders of the three countries in November before moving to Congress […]
Peak Earnings: Companies Furiously Guide Earnings Estimates Lower
Oct 03, 2018
Jeremy Parkinson
Finance, No picture
At what point does the profit bubble pop? Based on corporate guidance, perhaps it already has. Amid trade tensions, the rising US dollar, and a clear slowdown in Asia and Europe CEO sentiment has gone sour. As a result, Companies Are Furiously Guiding Down Analyst Earnings Estimates. At what point does the profit bubble pop? Ever […]
Only One Fund? That’s Crazy!
Oct 03, 2018
Jeremy Parkinson
Finance, No picture
A simple portfolio still works. A couple of weeks ago I wrote about the recently launched Cambria Trinity ETF (TRTY), saying it was the multi-asset fund I’d build for myself or at least the closest one on the market to what I would build for myself. A couple of days ago, Cambria founder Meb Faber disclosed that he was […]
Agriculture Markets Report – Wednesday, Oct.3
Oct 03, 2018
Jeremy Parkinson
Finance, No picture
A review of the day’s trading in the agriculture markets. Video Length: 00:09:27
Today’s Volatility Brings These Opportunities
Oct 03, 2018
Jeremy Parkinson
Finance, No picture
(Video length 00:10:11) Significant chart events occurred on the intermarket landscape today, notably Crude Oil’s breakthrough of resistance and strong uptrend at the same time the US Dollar broke through resistance while US Treasuries shattered their floor of support. In tonight’s video, Corey Rosenbloom walks you through these developments along with chart updates on the US […]
Start The Trade War Without Me…
Oct 03, 2018
Jeremy Parkinson
Finance, No picture
The September Institute for Supply Management (ISM) manufacturing index came in at 59.8, lower than August’s 61.3 and below the 59.9 forecast. But that’s still a strong number. Along with positive developments on a trade war front, it was enough to send stocks and Treasury yields jumping at Monday’s open. The ISM index – a forward-looking survey of […]
Barnes & Noble Surges On Strategic Alternative Announcement
Oct 03, 2018
Jeremy Parkinson
Finance, No picture
CNBC’s Seema Mody reports on Barnes & Noble exploring strategic alternatives following multiple companies making offers to acquire the company.
Oh Yes, It Started Out As A Mental Health Bill
Oct 03, 2018
Jeremy Parkinson
Finance, No picture
On March 9, 2007, Rhode Island Representative Patrick Kennedy introduced HR 1424. At the time it was to be known as the Paul Wellstone Mental Health and Addiction Equity Act of 2007. The bill contained five small sections intending to ensure equal coverage and treatment for mental health issues under insurance claims. It passed the […]
GBP/USD Trends In Conflict, Next Few Days Key
Oct 03, 2018
Jeremy Parkinson
Finance, No picture
After stellar economic data, including a 6-month high in ADP Non-Farm Employment and the highest ever reading in the ISM Non-Manufacturing PMI Employment subcomponent, investors are anticipating a strong Non-Farm Payrolls report on Friday. Accordingly, we’ve seen US yields rise across the board, with the benchmark 10-year Treasury bond now yielding 3.18%, its highest level since July […]