U.S. Lifted The Crude Oil Export Ban, And Exports Went… Down
Mar 29, 2016Jeremy Parkinson0
Just over three months after the authorities lifted the four-decade ban on crude oil exports, the U.S. has actually exported less this year than it did over the same period the year before, when the ban was still in place. According to Clipper Data market intelligence cited by the Financial Times, we’ve seen a 5 percent […]
Saudis To “Modernize” Economy As Interbank Rates Surge & Money Supply Collapses At Record Pace
Mar 29, 2016Jeremy Parkinson0
For the first time since January 2009, 12-month Saudi Interbank rates have breached 2.00% – double the 1% lows of August. This ‘stress’ is also evident in the record pace of collapse of Saudi money-supply. While Riyal forwards have rallied back from extreme bets on devaluation, they remain concerning for Saudi officials who to undertake […]
WTI Crude Oil And Natural Gas Forecast – March 29, 2016
Mar 29, 2016Jeremy Parkinson0
WTI Crude Oil The WTI Crude Oil market went back and forth during the day on Monday, finding the area above the $40 level to be a bit too resistive. Because of this, we ended up forming a bit of a shooting star, which looks fairly neutral in the face of a hammer on the […]
The Safest Stocks And ETFs For Momentum Investors Right Now
Mar 29, 2016Jeremy Parkinson0
A momentum strategy is a favorite approach for many investors out there. Who doesn’t like the idea of buying a surging stock or ETF and riding it to even bigger gains? However, in uncertain market environments, like we find ourselves in today, you need to consider safety too. Equities have been extremely volatile as of […]
The DAX 30 Gains, While Asian Stocks Trade Lower
Mar 29, 2016Jeremy Parkinson0
The DAX 30 (FXCM: GER30) is higher by 0.47% at the time of writing, as trading resumes after being closed for a few days due to the Easter holiday break. Asian shares are on average softer and the Australian S&P/ASX 200 (FXCM: AUS200) is lower by 1.44%, while the Shenzhen Composite is down by 1.75% (delayed). […]
Japanese Elderly Commit Crimes Hoping To Get Into Prison! Retail Spending Plunges; About That Deflation!
Mar 29, 2016Jeremy Parkinson0
About that Deflation! Despite overwhelming fears of deflation in Japan by economists, by the Bank of Japan, and by prime minister Shinzō Abe, all of the preceding forgot to get the opinion of consumers. Here’s the real deal on alleged deflation: An increasing number of Japanese elderly are repeat shoplifters, trying to get caught, hoping […]
Bullet Report – USD Sold After Holiday
Mar 29, 2016Jeremy Parkinson0
Yesterday was the first trading Day after Easter holiday in the US, and trading was thin with very low liquidity. While US stocks markets were open, European ones will open only today. Overnight, China and Japan closed modestly lower. In the US , stocks opened slightly higher after data showed consumer spending picked up […]
Is The USD Top In? Where To Target?
Mar 29, 2016Jeremy Parkinson0
The US dollar is not looking as strong as it used to be. The team at NAB analyzes: Here is their view, courtesy of eFXnews: Policy announcements from the ECB and the Fed in the last few weeks go some way to support the theory that G20 Central Bank governors came to a tacit agreement at their […]
2015 Ends With A Stratospheric P/E Multiple Of 23x
Mar 29, 2016Jeremy Parkinson0
The Q4 earnings season is over and the numbers are in the bag. The GAAP numbers that is, not the non-GAAP garbage that lately everyone from Warren Buffett, to Factset, even to the SEC (and of course this site since 2013) has been bashing. We wonder if they will continue bashing the GAAP numbers once they learn what they are, […]
R Or D; Perhaps Both
Mar 29, 2016Jeremy Parkinson0
As the indications of hitting a cyclical turn multiply against the steady and alarming negative trend baseline background, there is more clarity on how what looks like an unrelenting slowdown had not yet morphed into the traditional recession setting (the “V”). For the most part, it appears as if the business or corporate sector has […]