Now That France Has Spoken, What’s Next?
Apr 24, 2017Jeremy Parkinson0
Gold investors were forewarned. Gold bulls were shaken by the results of first round voting in France over the weekend. Bullion prices sank as much as 1.5 percent as the euro spiked two cents higher against the US dollar. While the far-right candidate, Marine Le Pen, advanced to the second round, her centrist opponent, Emmanuel […]
Top Ranked Housing ETFs For A Hot Spring Selling Season
Apr 24, 2017Jeremy Parkinson0
Homebuyers are rushing into the market as the spring selling season heats up. Existing home sales jumped 4.4% from February to an adjusted annual rate of 5.71 million in March–their strongest pace in a decade. This was much better than the economists’ estimate of a 2.2% gain to 5.6 million. Sales were particularly strong in […]
5 Best Performing Vanguard Mutual Funds Of Q1
Apr 24, 2017Jeremy Parkinson0
Over the last three years, investors put in $823 billion into Vanguard funds and scooped up around 8.5 times of all its peers. By any measure, these are astounding figures with the company witnessing the best quarterly inflow in the first three months of the year. Vanguard’s asset under management skyrocketed in the last seven […]
EUR/AUD Gaps Into Resistance- Pullback To Offer Opportunity
Apr 24, 2017Jeremy Parkinson0
EUR/AUD Daily Technical Outlook: EUR/AUD gaped into a key resistance confluence on Sunday at 1.4430– this region is defined by the 100% extension of the February advance & the upper median-line parallel. Although our broader outlook remains weighted to the topside, the immediate advance is at risk near-term while below this threshold. Interim support rests at the 1.43-handle […]
Changes In Labor Force Participation
Apr 24, 2017Jeremy Parkinson0
from the Atlanta Fed — this post authored by John Robertson In the aftermath of the Great Recession, labor force attachment declined. However, that pattern has been reversing itself lately. In particular, the labor force participation rate (LFPR) of the prime-age (25 to 54 years old) population, the core segment of the workforce, has been […]
Rokmaster Zips Into Zinc
Apr 24, 2017Jeremy Parkinson0
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. In another universe far far away Rokmaster Resources had a gold/copper project in Peru. The market blew up, they blew up but they came back to life in November of 2016 when they did a deal […]
Larger Trading Ranges Take More Time To Break
Apr 24, 2017Jeremy Parkinson0
The nice move up in US markets is not impressing Doc. Along with the big move down in the VIX we think there could be an opportunity to go long the VIX but again shorting these markets has been tough. We also look at the gold move down and the fact that the PMs remain in […]
Sally Beauty Slides After Downgrade As KeyBanc Sees ‘Hairy’ Retail Story
Apr 24, 2017Jeremy Parkinson0
Shares of Sally Beauty Holdings (SBH), a provider of beauty supplies, dropped in morning trading after the stock was downgraded by an analyst at KeyBanc, who has concerns over management’s operational plans. ANALYST DOWNGRADE: KeyBanc analyst Jason Gere cut his rating on Sally Beauty to Sector Weight from Overweight, calling the company’s retail story “hairy” […]
Double Data Disappointment Today Follows Worst Macro Week In 6 Years
Apr 24, 2017Jeremy Parkinson0
Following the worst week for US macro data in six years, The Chicago Fed (National Activity) and now The Dallas Fed (regional) have both disappointed and fallen this morning. It was a rough week for ‘hope’ last week… And this week has not started well… March Chicago Fed national activity index printed 0.08 versus an estimated 0.50 (range […]