Author Archive: Jeremy Parkinson
What The Gold-Silver Ratio Says About The Future Silver Price
While silver investment demand is totally off the radar, certain indicators, including the Gold-Silver ratio, suggest that interest in the poor man’s gold will likely increase significantly over the next few years. The rising interest in silver will also occur as the broader markets continue to meltdown towards more realistic valuations. In my recent youtube video, Amazing […]
Credit Managers’ Index
The NACM “Credit Managers’ Index” or CMI is the often forgotten indicator which, similar to its cousin the PMI (Purchasing Managers’ Index), tracks credit conditions based on a survey of credit managers. Its definitely an indicator to keep an eye on because it can provide critical and timely insights on credit conditions as well as broader economic […]
S&P 500 And Nasdaq 100 Forecast – Friday, March 30
S&P 500 The S&P 500 rallied a bit during the trading session on Thursday, bouncing from the 2600 level. By rallying the way, we have, it looks as if were going to test the 2680 handle. I think at this point, we will find buyers eventually, and the pullback should offer value. The 2600 level […]
Bitcoin: My Call For $5,500 Still Stands
Bitcoin is still crashing and there is no reason to be owning it at this point. If you are still buying it, you are likely doing so in hopes of it recapturing its old glory. That’s not happening. That train has left the station. Instead, heed my words – I have been saying since January […]
S&P 500 Snapshot: Close To A Correction This Week
The S&P 500 saw another week of losses, down 2.04% from last Thursday. Four out of five days were losses and last Thursday was almost a correction at 9.9% below the all-time high. It is down 2.04% YTD and is 8.08% below its record close. The U.S. Treasury puts the closing yield on the 10-year […]
A Deceleration In Economic Activity?
Third release numbers on GDP are out. Growth of Gross Domestic Output — the average of GDP and GDI — is down much more than that of GDP: nearly a percentage point. Figure 1: Quarter-on-quarter output growth as measured by GDP (red), and by GDO (blue), SAAR. 2018Q1 figures are forecasts as for March 29, from Macroeconomic Advisers […]
Crude Oil, Gold Prices Positioned For Weakness Into Holiday Lull
Commodity prices marked time as investors settled in for market closures in observance of the Good Friday holiday. Australia, Hong Kong and most of Europe’s largest exchanges remain closed through Monday, making for thin liquidity. While that might delay any significant trend development until Tuesday, traders would be wise to keep an eye on weekend […]
E Was It Possible To Predict Thursday’s Big Rally?
The stock market and tech stocks in particular have been under the pump recently. A lot of traders have been wondering when we will find the bottom. FB has been particular hard hit due to privacy issues, I wrote about three different trade ideas here. Stocks rallied strongly on Thursday, so my question is, was it […]
Interest In Gold… Options Already Over 1 Million
George Gero, Managing Director at RBC Wealth Management, shares some of his insights on the open interest in gold and the recent volatility after options expiration day. We look at time frame for when he thinks a pop and more interest will enter the market. (Audio length 00:09:36)
Is It All Over For Artificial Intelligence?
Take a look at the worst performing stocks of the past two weeks, and they all have one theme in common: artificial intelligence. You can trace the beginning of the move back to the Arizona crash by an Uber AI autonomous driven car that killed a pedestrian. As all those who have studied chaos theory […]
