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) […]
How To Trade Double Calendars And Double Diagonals On GS
Sep 10, 2018
Jeremy Parkinson
Finance, No picture
With both double calendars and double diagonals, traders sell front month options and buyback month options. They are both essentially volatility plays in that they are long Vega, but there is an added complexity in that we are trading two different expiry months on the volatility curve. Being short the front-month options, we want front […]
Dovish European Central Bank (ECB) Forward-Guidance To Rattle EUR/USD
Sep 10, 2018
Jeremy Parkinson
Finance, No picture
EURO TALKING POINTS EUR/USD pares the decline following the U.S. Non-Farm Payrolls (NFP) report, with the exchange rate bouncing back from a fresh monthly-low (1.1526), but the European Central Bank (ECB) meeting on tap for September 13 may produce headwinds for the Euro as the Governing Council remains in no rush to move away from its easing-cycle. DOVISH EUROPEAN […]
Analysts See Value In Wynn Resorts Following Recent Sector Pullback
Sep 10, 2018
Jeremy Parkinson
Finance, No picture
JPMorgan analyst Joseph Greff argued that there is a disconnect between Wynn Resorts’ (WYNN) current operating fundamentals and investor sentiment, viewing the recent sector pullback as a buying opportunity. Sharing a similar opinion, his peer at Deutsche Bank added that he would be a buyer of the stock given the current valuation and as conditions […]
Draghi Can Down The Euro Even On The Eve Of QE Tapering
Sep 10, 2018
Jeremy Parkinson
Finance, No picture
The ECB is set to provide fresh forecasts ahead of the planned QE tapering. The recent slide in inflation implies a dovish tone from President Draghi. The EUR/USD may see choppy trading due to many moving parts in the presser and beyond. The European Central Bank will deliver its rate decision on Thursday, September 13th, […]
GBP/USD Back Above 1.30 As Barnier Says Brexit Deal “Realistic” In 6-8 Weeks
Sep 10, 2018
Jeremy Parkinson
Finance, No picture
Sometimes, it’s best to keep the analysis simple. As the informal “deadline” for a Brexit deal draws nearer, sterling is becoming more attuned to headlines about the likelihood and structure of a deal. The UK’s relationship with its peers in the European Union is rapidly becoming the factor to watch when trading the pound, trumping central bank […]
6 Top Stocks With A Handsome Net Profit Margin
Sep 10, 2018
Jeremy Parkinson
Finance, No picture
Investors eye businesses that report profits on a regular basis. In order to gauge the extent of profit, there is no better metric than net profit margin. A higher net margin reflects a company’s efficiency in converting sales into actual profit. Moreover, this metric lends an insight into how well a company is run and […]
DXY Index Slumps As GBP Advances On Brexit Deal Progress
Sep 10, 2018
Jeremy Parkinson
Finance, No picture
The US Dollar (via the DXY Index) has erased all of its gains after the August US Nonfarm Payrolls report on Friday as market participants jettisoned safe-haven currencies on the back of positive news regarding the state of Brexit negotiations on Monday. The European Union’s chief Brexit negotiator Michel Barnier said it would be “possible” to get […]
Ramageddon Could Take The USD/ZAR Pair To 16
Sep 10, 2018
Jeremy Parkinson
Finance, No picture
When Cyril Ramaphosa was sworn in as the South African president, investors around the world were hopeful of the country. Money started to flow. They were impressed with the role of Ramaphosa to the liberation of the country. They were also impressed with his resume in business, which included the founding of one of the […]
Trump: ‘GDP Growth Eclipses Unemployment For 1st Time In 100 Years’
Sep 10, 2018
Jeremy Parkinson
Finance, No picture
Recently even CNN has been forced to admit (begrudgingly) that President Trump “deserves at least some credit” for the contemporary economic boom in the US. And the president, of course, hasn’t been shy about giving himself credit (where credit is due, at least for now, even if it comes at the expense of a soaring budget deficit). […]