Oct 15, 2018
Jeremy Parkinson
Finance, No picture
The Gold COT report shows gold shorts piling on in addition to long liquidation. Meanwhile, the price of gold is rising. Gold Daily Chart This is an incredibly price-bullish setup. Buy Gold.
Oct 15, 2018
Jeremy Parkinson
Finance, No picture
Obviously, presidents can speak out if they choose to and give their opinions about policy. There’s no law against that, but I don’t think it’s wise. That’s from your fairy godmother, Janet Yellen, who spoke in Washington on Monday at a banking forum. She is, of course, referring to Donald Trump’s ongoing efforts to set […]
Oct 15, 2018
Jeremy Parkinson
Finance, No picture
Note: We’ve updated this commentary with data through Friday’s market close. Let’s take a closer look at recent activity in US Treasuries. The yield on the 10-year note ended Friday at 3.09% and the 30-year bond closed at 3.25%. Here is a table showing the yields highs and lows and the FFR since 2007 as […]
Oct 15, 2018
Jeremy Parkinson
Finance, No picture
When Theresa May handed in the UK intention to withdraw from the European Union she set off a two-year clock in which the UK is supposed to negotiate a withdrawal Treaty and also a strong political statement of intent concerning the basis for a future trading relationship between the UK and the 27 remaining EU […]
Oct 15, 2018
Jeremy Parkinson
Finance, No picture
Stock market corrections are painful, particularly for growth stocks, but volatile market conditions often allow investors to enter (or buy more of) a stock at an attractive entry point. Right now the markets are looking choppy, but some commentators still hold a year-end rally in sight. “Certainly, it’s a volatile time,” Ned Davis Research’s Ed Clissold told […]
Oct 15, 2018
Jeremy Parkinson
Finance, No picture
Thursday last week was a momentous day for the Precious Metals sector with gold, GDX, and other índices, and giant gold ETF, GLD all breaking out on impressive volume, and this development was all the more extraordinary because it happened when the broad stock market was crashing. This is viewed as a strong sign that instead of […]
Oct 15, 2018
Jeremy Parkinson
Finance, No picture
The Census Bureau’s Advance Retail Sales Report for September was released this morning. Headline sales came in at 0.1% month-over-month to one decimal and was worse than the Investing.com forecast of 0.7%. Core sales (ex Autos) came in at -0.06% MoM (to two decimals). Revisions were made going back to 2017. Here is the introduction from today’s […]
Oct 15, 2018
Jeremy Parkinson
Finance, No picture
Those looking to invest in bonds rated lower than investment-grade can consider high-yield bonds or junk bonds. Mutual funds having significant exposure in high-yield bonds are expected to provide better returns than those investing in securities with higher ratings, including government and corporate bonds. Also, due to their higher-yield feature, junk bonds are believed to […]
Oct 15, 2018
Jeremy Parkinson
Finance, No picture
The clock really was ticking on this so-called economic boom. A product in many economic accounts of Keynesian-type fantasy, the destructive effects of last year’s hurricanes in sharp contrast to this year’s (which haven’t yet registered a direct hit on a major metropolitan area or areas, as was the case with Harvey and Irma) meant […]
Oct 15, 2018
Jeremy Parkinson
Finance, No picture
With the recent drop in the stock market, many investors and analysts are calling this the end of the bull market. They are seeing a complete shift in the market and in the economy as a whole. But you don’t need to worry. The end of the bull market is overblown. Why do I say […]