Stock Exchange: Trading The Earnings Season
Jul 14, 2017Jeremy Parkinson0
Can You Profit from Trading the Earnings Season? Four times a year there is a confluence of corporate earnings reports. It can create turbulence for the overall market as well as the individual stocks. Is there anything we can do to take advantage of this avalanche of breaking news? We have advice from several experts, […]
WTI Crude Oil And Natural Gas Forecast – Friday, July 14
Jul 14, 2017Jeremy Parkinson0
WTI Crude Oil The WTI Crude Oil market rallied on Thursday, after initially dipping down towards the $45 level. We bounced enough to reach above the $46 level, and I think that any rally at this point is going to start running into a significant resistance. The $47 level above should be a bit of […]
Beware… We Face The Greatest Turning Point In October
Jul 14, 2017Jeremy Parkinson0
Normally the worst season for the stock market is between July and November, especially August through mid-October, with September the worst month for losses (on average, of course). The first wave of the 1929 to 1932 crash ran from early September into mid-November, claiming a loss of 47% in just two and a half months. […]
Crude Oil Prices Rise Despite Oversupply Worries, US CPI On Tap
Jul 14, 2017Jeremy Parkinson0
Crude oil prices turned higher even as the IEA warned that global market rebalancing has become less certain. The agency cited increasing OPEC output despite a cartel-led production cut effort even as more swing supply – particularly from the US – comes online. This has derailed efforts to drain bloated stockpiles. Seemingly counter-intuitive price action may reflect corrective flows triggered […]
A Look At How Small Businesses Are Doing
Jul 14, 2017Jeremy Parkinson0
The chart below shows a new tailwind the stock market has going for it now that the earnings recession is over. As you can see from the chart on the top, the green line showing operating earnings has surpassed the combination of dividends and buybacks. This decline in capital returned to shareholders is only because […]
Sensex Opens Marginally Down; TCS Results Disappoint
Jul 14, 2017Jeremy Parkinson0
Asian equity markets are mixed today. The Nikkei 225 is up 0.22%, while the Hang Seng is up 0.01%. The Shanghai Composite is trading down by 0.20%. US markets ended higher and the Dow another record high close, with financials rising ahead of profit reports due Friday from several big US banks. Back home, share markets in India have opened the day on a […]
Stocks Watchlist: IDTI, AL, LOW
Jul 14, 2017Jeremy Parkinson0
Today’s stock picks Long Integrated Device Technology (IDTI) Long Air Lease (AL) Short Lowes (LOW)
Cookies In Bulk
Jul 13, 2017Jeremy Parkinson0
Podcast: Play in new window | Play in new window (Duration: 13:15 — 7.6MB) DOW + 20 = 21,553 SPX + 4 = 2447 NAS + 13 = 6274 RUT + 1 = 1425 10 Y + .02 = 2.35% OIL + .69 = 46.08 GOLD – 2.70 = 1218.30 BITCOIN – 0.21% = 2359.62 USD ETHEREUM + 2.83% […]
Market Overview – Thursday, July 13
Jul 13, 2017Jeremy Parkinson0
The short-term trend is up and this chart shows that there was some follow through today. However, despite the uptrend, this PMO index hasn’t started to move higher yet. I don’t like this. The Package Industry index is looking healthy. This index generally moves along with the economy and the broader market. So, when it […]
We Do These Things Because They’re Easy: Our All-Consuming Dependence On Debt
Jul 13, 2017Jeremy Parkinson0
On September 12, 1962, President John F. Kennedy gave a famous speech announcing the national goal of going to the moon by the end of the decade. (JFK’s speech on going to the moon.) In a memorable line, Kennedy said we would pursue the many elements of the space program “not because they are easy, but because […]