Author Archive: Jeremy Parkinson
E Market Direction Is No Longer Important
In February of 2018 the financial dam welling up all asset prices sprang a leak, demonstrating to newer investors that markets can actually go down – a lot, and fast. However, the Fed’s derivative finger was quickly applied to plug up the hole, and financial waters again started to rise toward their previous level. With […]
Stocks To Trade: GNTX, EWBC, NAV
Monday’s stock picks Take a look at three trading ideas to prep you for the next trading session. Long Gentex (GNTX) Long East West Bancorp (EWBC) Short Navistar (NAV)
Best And Worst S&P 500 Stocks Of The Bull Market
To commemorate the nine-year anniversary of the bull market, in an earlier post, we highlighted the best and worst performing stocks of the bull market that began on 3/9/09. The first list below highlights the 25 top performing current members of the S&P 500 since the bear market low in March 2009. The best performer of […]
Sentiment Snapshot: Fundamentally Sound
Price by itself can very quickly change the tone in markets, and we saw a very clear example of that in the latest weekly sentiment survey on Twitter. With the S&P 500 closing above its 50-day moving average on Friday and apparently completing a so-called “W-shaped recovery”, technicals-sentiment rebounded sharply on the week. Fundamentals sentiment also rebounded […]
Crude Oil Price Rise May Stall On EIA Drilling Data
Crude oil prices shot higher as February’s US labor-market statistics showed wage inflation dropped back to 2.6 percent, hinting January’s spike may have been a one-off and easing worries about a steep Fed rate hike cycle. That bolstered risk appetite, sending the WTI benchmark higher alongside the bellwether S&P 500 stock index. Gold prices also gained as the outcome weighed on […]
There Is No “Free Trade”–There Is Only The Darwinian Game Of Trade
Rising income and wealth inequality is causally linked to globalization and the expansion of Darwinian trade and capital flows. Stripped of lofty-sounding abstractions such as comparative advantage, trade boils down to four Darwinian goals: 1. Find foreign markets to absorb excess production, i.e. where excess production can be dumped. 2. Extract foreign resources at low prices. […]
AUD/USD Daily Analysis – Monday, March 12
AUD/USD broke above 0.7842 resistance, suggesting that the uptrend from 0.7712 has resumed. Further rally could be expected in a couple of days and next target would be at 0.7930 area. Support level is now at 0.7772, only a breakdown below this level could trigger another fall towards 0.7600.
Aramco IPO Delayed Until 2019 As New York Listing Grows Increasingly Remote
For more than two years, investment bankers in the US and London have been salivating over the prospect that Aramco, the state-owned Saudi oil company that’s believed to be one of the most valuable companies in the world, could choose to list shares representing a 5% stake in the company on the London Stock Exchange, […]
Dividend Income Update February 2018
It’s dividend income update time. One of my favorite times of the month as I get to review my previous month of passive income received from my dividend income portfolios. Without rehashing the wild ride we experienced in the market last month, I could find comfort in one thing, my dividends. As we all know, […]
A Lonely Landmine: Full Week Ahead Preview
Well, as noted, you can expect no shortage of President Dennison in the week ahead as the ongoing tumult at 1600 Penn., the Mueller probe, and the porn star fiasco seem to have pushed Trump over the edge this weekend. His Saturday rally in Pennsylvania was even crazier than everyone thought it would be and his […]
