Author Archive: Jeremy Parkinson
Introducing Granddad Russell 2000!
Today, at 5 PM EST on my Facebook page called: Mish’s Market Minute Daily, I went live with the first of six cartoons that represent the Modern Family. Coincidence or not? The Russell 2000 must like the publicity and his character depiction as IWM made a new all-time high! Now, Gramps was not alone. The […]
American Express Down On Massive Q2 Profit Decline
American Express Company (AXP – Free Report) released its second-quarter 2017 financial results, posting earnings of $1.47 per share and revenues of $8.31 billion. Currently, AXP is a Zacks Rank #3 (Hold) and is down 1.20% to $85 per share in after-hours trading shortly after its earnings report was released. AXP: Beat earnings estimates. The company posted earnings […]
Why Is This Financial Powerhouse’s Dividend Safety Rating So Low?
When it comes to investments, T. Rowe Price Group (Nasdaq: TROW) is thought of as a model of stability. The 80-year-old company has $861.6 billion under management. It manages dozens of stock and bond funds for individual and institutional investors. T. Rowe Price currently pays a $0.57 per share quarterly dividend, or $2.28 on an annual basis. […]
The Real Reason You’re Always Broke
One hundred thousand dollars in an annuity today will buy you about $5,700 per year in income. If you have $1 million to give away to some insurance guy, you can earn about 10 times that, or $57,000. Easy math! That’s not a lot of income for a $1 million investment. Consider this… 25 years […]
Y2K Was Really The Great Uncertainty
In late 1999, the Federal Reserve established what was ostensibly an emergency credit facility. On October 1 that year, this offshoot of the Discount Window went live. Its main feature was that it was to be a primary program, meaning that banks didn’t have to prove they could access funds elsewhere first. They could go […]
‘Things Are Starting To Reverse’: Goldman Warns On ‘Shock’ Risk
Ok, so it was just two days ago when I tweeted this: here’s your DM rates mini-tantrum in action in stock-bond return correlations… pic.twitter.com/UPDf7DWPLD — Walter White (@heisenbergrpt) July 18, 2017 The point was that the mini-tantrum in DM rates that Mario Draghi kicked off in Sintra, Portugal on June 27 was accompanied by sharply […]
Small Caps Breakout – Wednesday, July 19
It has taken a few days for Small Caps to make their move but today was the day the Russell 2000 joined other indices in mounting a breakout. It was a clean breakout supported by positive technical strength – putting to bed the June ‘bull trap’. Watch for the second round of stop-whips with an intraday […]
Upbeat Australia Employment Report To Fuel Shift In AUD/USD Behavior
Trading the News: Australia Employment Change A 15.0K expansion in Australia Employment may generate fresh 2017-highs in AUD/USD as it puts pressure on the Reserve Bank of Australia (RBA) to lift the official cash rate off of the record-low. Why Is This Event Important: A further improvement in the labor market conditions may encourage RBA officials to alter […]
Hot Options Report: End Of Day – Wednesday, July 19
Most Active Equity Options And Strikes For The End Of Day, July 19, 2017
Why You Should Be Buying Options Premium
Stocks continue higher today led by tech. You will find out tonight’s video market update very interesting. Most option traders have learned to sell options as being the most consistent way to generate returns. Watch tonight’s video to find out why in the last 18 months this has been wrong! Video Length – 00:10:01
