Author Archive: Jeremy Parkinson
Timing The Market Top
Janet Yellen gave testimony to Congress today which caused equity, bond and gold futures to all rally. Although her comments were more dovish than many expected, it’s hard to put much faith in them longer term when her job is clearly on the line. The main points were these: Yellen does not expect rates will […]
Hot Options Report: End Of Day – Tuesday, July 11
Most active equity options and strikes for the end of day, July 11, 2017
‘Beware Global Tapering’: Behold The ‘Safe Bond Supply Shock’
What effect will Fed balance sheet normalization have on Treasury yields? That’s quickly becoming something of an obsession for market participants and rightfully so. After all, no one (least of all the Fed itself) has any idea how this is going to work or how it will impact markets. This situation is complicated immeasurably by […]
Housing And Real Estate News – Tuesday, July 11
We discuss Housing & Real Estate news covering Norway and London all the way back to Mortgage news in the United States in this video. Bubbles pop in Real Estate just like all other Financial Assets. It was thought that the US Housing Market would never decrease in value in a substantial manner, that homeowners […]
The E*Trade Baby Indicator
The infamous “E*Trade baby” debuted during the January 2008 Super Bowl. At the time, the S&P 500 was an un-alarming 10% off its peak… but it was about to slide another 42% lower over the following 13 months. E*Trade’s message was bold: Making money in stocks is so easy, even a baby could do it. It […]
Financial ETF Up Against Major Resistance
The following Monthly chart of XLF shows that current price is up against major long-term Fibonacci, channel and price resistance. The Daily ratio chart below of XLF:SPX also shows that price is up against major short-term price resistance. The year-to-date percentages-gained graph below shows that XLF has been holding its own, so far this year, compared with the other 8 Major Sectors. We’ll see if 25.00 can be overcome and […]
Gartner Inc – Chart Of The Day
The Chart of the Day belongs to Gartner (IT). I found the management consulting stock by using Barchart to sort the S&P 500 Large Cap Index stocks first by the most frequent new highs in the last month, then again by technical buy signals of 80% or more. Since the Trend Spotter signaled a buy in 5/25 the stock gained 6.96%. […]
How Dumb Is The Fed?
The question was prompted by this comment by former Fed insider Chris Whalen at The Institutional Risk Analyst blog: [O]ur message to the folks in Jackson Hole this week [at the annual central banker meeting there] is that the end of the Fed’s reckless experiment in social engineering via QE and near-zero interest rates will end in […]
Mark Yusko: “We’re On The Path To Another Great Depression”
Mark Yusko, CIO of Morgan Creek Capital Management, is unafraid to say it how it is. Recall in May, his keynote address warned: “I’m telling you right now, the US is going to have a crash and it will be massive,” noting that that efforts to generate growth through fiscal stimulus and tax cuts will prove futile […]
