GBP/USD Rate Rebound To Benefit From Robust U.K. Job/Wage Growth
Sep 10, 2018
Jeremy Parkinson
Finance, No picture
BRITISH POUND TALKING POINTS GBP/USD trades on a firmer footing amid growing hopes for a Brexit deal, but another failed attempt to test the August-high (1.3145) keeps the broader outlook tilted to the downside as the exchange rate continues to track the bearish formation from earlier this year. GBP/USD RATE REBOUND TO BENEFIT FROM ROBUST U.K. JOB/WAGE […]
Nasdaq Continues To Tread Lower, Yet US ETFs See Robust Inflows
Sep 10, 2018
Jeremy Parkinson
Finance, No picture
US equities did not fare well in the shortened holiday week to open September with the Nasdaq posting its largest weekly loss in over 5-months. The tech-heavy index took a beating after trading resumed Tuesday, September 4th. The discourse between US Senators and officials of Twitter and Facebook generated some early losses for tech on […]
Multiple Jobholders: Over Two Decades Of Trends As Of August
Sep 10, 2018
Jeremy Parkinson
Finance, No picture
What are the long-term trends for multiple jobholders in the US? The Bureau of Labor Statistics has two decades of historical data to enlighten us on that topic, courtesy of Table A-16 in the monthly Current Population Survey of households. At present, multiple jobholders account for just 5.0 percent of civilian employment. The survey captures data for […]
Profit Gun At Musk’s Head: $9 Billion In TSLA Bonds Due Through 2025
Sep 10, 2018
Jeremy Parkinson
Finance, No picture
The share price on Tesla rose a bit today, as did 2025 Bonds, but bond and profit worries remain. Tesla share prices bounced a bit today but red lights are still flashing about Tesla’s ability to pay back a monstrous pile of debt. So Forget the Stock, Watch the Bonds. $1.8 billion of Tesla bonds due […]
Stocks Going Ex Dividend In September 2018
Sep 10, 2018
Jeremy Parkinson
Finance, No picture
The following is a short list of some of the many stocks going ex dividend during the next month. Many traders and investors use the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the strategy of buying stocks before the ex dividend date and selling the stock shortly […]
The Opportunities Ahead For Energy Plays
Sep 10, 2018
Jeremy Parkinson
Finance, No picture
Josef Schachter, Founder of The Schachter Energy Report joins me today to share his outlook on the overall energy sector. We follow up on our prior call where Josef said we would see the overall sector pullback after the summer driving season. He backs up these comments with updated data on inventories investors positioning. We […]
2 Year Yield Hits 2.7% For The First Time This Cycle
Sep 10, 2018
Jeremy Parkinson
Finance, No picture
2 Year Yield – Treasury Yields Soar In the 2 Year Yield, The treasury market reacted to the jobs report which I will review later in this article. The 10-year yield increased 7 basis points to 2.94%. The 2-year yield increased 7 basis points to 2.7% which is the highest yield this cycle. The curve stayed […]
Alibaba Slides As Chairman Jack Ma Announces Retirement Plan
Sep 10, 2018
Jeremy Parkinson
Finance, No picture
Shares of Alibaba (BABA) are under pressure this morning after chairman Jack Ma announced he will step down in September 2019, with CEO Daniel Zhang taking over as chairman of the board. Commenting on the news, Jefferies analyst Karen Chan told investors that the 12-month timeframe of Ma’s succession plan should enable a smooth transition […]
Iphone Prices Would Jump If Apple Moved Assembly To US As Trump Wants: How Much?
Sep 10, 2018
Jeremy Parkinson
Finance, No picture
Trump tweeted Apple should manufacture its products in the U.S. to avoid his proposed tariffs. But what about price? Consider Tump’s absurd view of the world. Apple prices may increase because of the massive Tariffs we may be imposing on China – but there is an easy solution where there would be ZERO tax, and […]
The Ratio Of Part-Time Employed: August 2018
Sep 10, 2018
Jeremy Parkinson
Finance, No picture
Let’s take a close look at the latest employment report numbers on Full and Part-Time Employment. Buried near the bottom of Table A-9 of the government’s Employment Situation Summary are the numbers for Full- and Part-Time Workers, with 35-or-more hours as the arbitrary divide between the two categories. The source is the monthly Current Population Survey (CPS) […]