Author Archive: Jeremy Parkinson
Rising Euro And Gold
Yesterday, the euro jumped above $1.10. What does it mean for the gold market? On Tuesday, the common currency rose more than 1 percent against the U.S. dollar. As the chart below shows, the euro surged above $1.10, hitting the highest level since November 2016, when Trump won the presidential election. Chart 1: EUR/USD exchange […]
EPR Properties: 5.9% Yield, Monthly Dividend Income
Real estate and dividend stocks are two of the most-cited strategies for creating passive retirement income. The downside to owning rental properties is that it is not really passive. Any landlord who has had to call a plumber or an electrician during the middle of the night can attest to this. For investors looking to capture the returns […]
WisdomTree Europe SmallCap Dividend Fund (DFE) Hits 52-Week High
For investors seeking momentum, WisdomTree Europe SmallCap Dividend Fund (DFE – Free Report) is probably on the radar now. The fund just hit a 52-week high of $65.38. Shares of DFE are up roughly 37.9% from their 52-week low price of $47.40/share. But could more gains be ahead for this ETF? Let’s take a quick look at the fund […]
Trump Is The USD’s Albatross, Gains From Election Wiped Out
Video length: 00:09:02 A quote comes to mind when reflecting on the headlines of the past few days: “There are decades where nothing happens; and there are weeks where decades happen.” It seems like the past week has taken the form of the latter, where self-induced controversy after controversy has piled upon the Trump […]
Gold Nears $1250, Breaks Key Technical Resistance As Trump-Turmoil Safe-Haven Buying Escalates
Gold’s initial spike after the NYT story last night has extended this morning with another heavy volume buying spike lifting the precious metal back near the $1250 level (and well above a key technical support level). Breaking above its 50-day moving average Silver is also running higher for the sixth straight day…
GBP/USD: Continues To Retain Upside Pressure Short Term
GBP/USD: The pair continues to retain its short term uptrend but with caution. Support lies at the 1.2900 level where a break will turn attention to the 1.2850 level. Further down, support lies at the 1.2800 level. Below here will set the stage for more weakness towards the 1.2750 level. Conversely, resistance stands at the […]
Target Corporation Shares Rise On Strong Earnings Beat
Target (TGT) released its latest earnings report before opening bell this morning, posting adjusted earnings of $1.21 per share on $16.02 billion in revenue. Analysts had been expecting earnings of 91 cents per share on $15.62 billion in sales. In the year-ago quarter, the big box retailer posted adjusted earnings of $1.29 per share on $16.19 billion […]
Gold Spikes On Heavy Volume On Trump, U.S. Political “Mess”
Gold prices rose for a fifth day to a two week high in early European trading on increasing U.S. political risk pertaining to the Trump Presidency and the increasing risk of impeachment and a U.S. political civil war. Stocks and U.S. Treasury bond yields tumbled as investors moved cash into safe-haven gold amid a global market […]
Trumped Up
Global markets are in a tizzy because of concerns that the latest revelation that President Donald Trump may have “obstructed justice” by asking former FBI director James Comey to go easy on Thomas “Mike” Flynn the retired United States Army lieutenant general who was the first national security advisor appointed by President Trump. Apparently, there […]
EC The Limits Of One-Indicator Recession Analysis
The search for a silver bullet in business-cycle analysis is hardy perennial. But it’s a search that’s almost certainly destined for failure. No single indicator is infallible in the quest to identify a new recession. Some pundits suggest otherwise, but history isn’t kind on this front. A recent example: US industrial production. Several observers of […]
