5 Best Energy Mutual Funds To Buy As Oil Shines
Mar 23, 2018
Jeremy Parkinson
Finance
On Mar 21, oil prices registered the best two-day increase since last November, following a surprise fall in domestic crude inventories and renewed geopolitical uncertainty. After weeks of rise, domestic crude inventories declined recently, which boosted oil prices. Additionally, Saudi Crown Prince Mohammed bin Salman’s meeting with President Trump during the Saudi prince’s two-week visit […]
Corporate Parasites
Mar 23, 2018
Jeremy Parkinson
Finance
Here’s the performance of General Electric during a time period in which trillions of dollars were thrown into the equity markets to keep them artificially propped up. And yet even in this totally fake, everything-goes-higher environment, GE sucks whale: So how much were they paid for this? $0? Or were they beaten and tortured by shareholders? No, no, no. This is America! Saps. […]
Gold Bulls Hope This Ratio Provides Best Message In 7 Years
Mar 23, 2018
Jeremy Parkinson
Finance
Most investors are familiar with the relationship between the U.S. Dollar and Gold. Gold bulls like a weaker U.S. Dollar as it provides a tailwind for precious metals. Here’s a prime example: Over the past 15 months, the US Dollar is down 14 percent. During that same time, Gold is up 17 percent. One way to illustrate […]
Fear In The Markets, Trade Wars, And Gold’s Reaction
Mar 23, 2018
Jeremy Parkinson
Finance
Craig Hemke shares his thoughts on the new narrative of fear creeping into the markets. Now that the US markets are negative for the year, Q1 could be the first down quarter since 2016. This all ties into the ongoing chatter about trade wars with China. Gold is also discussed in terms of the metal […]
High Debt Levels
Mar 23, 2018
Jeremy Parkinson
Finance
I am going to break from regular market commentary to step back and think about the big picture as it relates to debt and inflation. Let’s call it philosophical Friday. But don’t worry, there will be no bearded left-wing rants. This will definitely be a market-based exploration of the bigger forces that affect our economy. […]
California Water Service: A Dividend King In The Utility Sector
Mar 23, 2018
Jeremy Parkinson
Finance
In 2018, California Water Service Group (CWT) raised its dividend for the 51st year in a row. Therefore, it is one of the extremely few companies that have become Dividend Kings, i.e., companies that have grown their dividends for at least 50 years. Surprisingly, this stock flies under the radar of most investors. In addition, […]
The Gold Price Is The First Winner Of Trump’s Trade War With China
Mar 23, 2018
Jeremy Parkinson
Finance
The Gold Price Could Rise Sharply in the Next Few Months Two important developments will affect the gold price over the next few months. The first is that President Donald Trump has all but declared a “cold war” on China, all but identifying it as the principal culprit for abusing American technological innovation and violating […]
USDJPY Short In Good Shape, Buy GBPUSD On Dips
Mar 23, 2018
Jeremy Parkinson
Finance
These are my trades today: EUR/USD Trading strategy: Long Open: 1.2330 Target: 1.2550 Stop-loss: 1.2245 Recommended size: 2.11 mini lots per $10,000 in your account Short analysis: Pair’s broad consolidation persists and monthly RSI is biased up. The trendline off February’s high helps limit the upside and the pair slips back below the 10 and 21-day […]
Strong Bounce Within The Downtrend Channel!
Mar 23, 2018
Jeremy Parkinson
Finance
Since my last “official” analysis on this site, Bitcoin indeed continued its way down and reached the “potential buying zone between 8,000 and 8,500 USD” two times (March 9th and March 11th). The expected but very fast bounce out of this zone made it back to 9,900 USD. But the failure already below the psychological […]
War-Spending Sparks Durable Goods Orders Rebound In February
Mar 23, 2018
Jeremy Parkinson
Finance
Following January’s disappointing plunge (-3.6% MoM), expectations were for a 1.6% rebound in durable goods orders, but the print surprised to the upside, jumping 3.1% MoM. The ‘ex’ data also doubled expectations in the preliminary Feb release. The volatility continues in durable goods orders… But notably, YoY was flat at +9.1%… And the big driver of February’s rebound […]