June 2018 - Page 23 of 72 -

Q1 GDP Third Estimate: Real GDP At 2.0%

Jun 28, 2018 Jeremy Parkinson Finance 0

The Third Estimate for Q1 GDP, to one decimal, came in at 2.0% (1.99% to two decimal places), a decrease from 2.9% for the Q4 Third Estimate. Investing.com had a consensus of 2.2%. Here is the slightly abbreviated opening text from the Bureau of Economic Analysis news release: Real gross domestic product (GDP) increased at an annual […]

Stocks Have Taken Out Critical Support… Is 2,300 Next For The S&P 500?

Jun 28, 2018 Jeremy Parkinson Finance 0

China has gotten tired of playing “tariff tag” with the Trump administration. It’s now playing a new game called the “devalue stock dump.” It consists of China aggressively devaluing the Yuan in an effort to crash the US stock market. If you think I’m being overly dramatic here, have a look at the below chart. […]

China Answers On Trade Quietly

Jun 28, 2018 Jeremy Parkinson Finance 0

China’s trade tension response has been relatively quiet for about a week. While the US added tariffs, pressed forward to limit foreign investment and set export restrictions, China hasn’t directly answered to the last few moves; not directly. But indirectly China just showed where it stands on trade. Iran And Currency Are China’s Answers On Trade […]

More Uncertainty As Stocks Keep Bouncing Up And Down

Jun 28, 2018 Jeremy Parkinson Finance 0

The U.S. stock market indexes lost between 0.7% and 1.5% on Wednesday, as the investors’ sentiment worsened again. The S&P 500 index remains close to 2,700 mark and it currently trades 6.0% below the January’s 26th record high of 2,872.87. The Dow Jones Industrial Average lost 0.7% and the technology Nasdaq Composite lost 1.5%, as it was […]

Billion Dollar Unicorns: Five9 Predicts Its Acquisition In The Future

Jun 28, 2018 Jeremy Parkinson Finance 0

According to a recent market report, the global cloud-based contact center market is projected to grow 25% annually from $6.80 billion in 2017 to $20.93 billion by 2022. Billion Dollar Unicorn Five9 (Nasdaq: FIVN) is a pioneer and leading provider of cloud software for contact centers. Five9’s Offerings Five9 was founded in 2001 by Gus Laredo, James Southworth, […]

The Do’s And Don’ts Of Trading ETFs

Jun 28, 2018 Jeremy Parkinson Finance 0

Exchange-traded funds (ETFs) have seen immense growth over the past decade. There are a multitude of benefits, including transparency, tax efficiency and the ability to make intraday trades, that have contributed to the use and growth of ETFs. While these are all beneficial to investors, we continue to see questions around ETF trading. Although ETFs do […]

Bearish Sentiment Surges

Jun 28, 2018 Jeremy Parkinson Finance 0

After a few very weak days for the stock market’s leaders, individual investor sentiment really headed south this week. According to the weekly sentiment survey from AAII, bullish sentiment dropped more than ten percentage points, falling from 38.7% down to 28.4% in what was the largest one week decline since early March. As bullish sentiment declined, […]

Bear Of The Day: MercadoLibre (MELI)

Jun 28, 2018 Jeremy Parkinson Finance 0

MercardoLibre, Inc. (MELI – Free Report) is getting hit by increased competition, especially from Amazon, in the online marketplace. This Zacks Rank #5 (Strong Sell) is expected to see an 88% decline in earnings in 2018. MercardoLibre is Latin America’s leading e-commerce company with its websites MercadoLibre.com and MercadoPago.com. Big Miss in the Fiscal First Quarter On May […]

Everyone’s Got A Plan

Jun 28, 2018 Jeremy Parkinson Finance 0

“There’s still room for stock markets to rise and worries of an impending recession are premature.” – Mickey Levy, Berenberg Capital Markets This is a common view of much of the mainstream analysis as common threads still relatively low interest rates,corporate profitability, and low unemployment rates are set to keep the bull market running well into […]

Super Psyched Oil Super Cycle

Jun 28, 2018 Jeremy Parkinson Finance 0

The global oil market supercycle that we predicted would happen a few years ago is becoming increasingly clear to the oil market. It is hard to ignore what is happening when the data in the U.S. and around the globe is seeing the seeds of a bull market in energy that will last for years. […]