October 2018 - Page 237 of 262 -

Utilities Continue To Show Strength

Oct 03, 2018 Jeremy Parkinson Finance 0

My Swing Trading Approach I didn’t add any new positions to the portfolio yesterday, but did book profits in Netflix (NFLX) for a +2.2% profit. The market though continues to sell off in the afternoon rendering any morning strength meaningless, which is making it difficult for adding new positions to the portfolio. Until that changes, it makes it difficult […]

Brexit: Conservative Conference Concluded, Time For A Climb Down – GBP/USD Long?

Oct 03, 2018 Jeremy Parkinson Finance, No picture 0

UK PM May repeated her message that no Brexit deal is better than a bad deal. She staved off the rebellion and had the mandate to change her policy. The GBP/USD is still on the back foot, but this can change. UK Prime Minister Theresa May delivered a successful speech in Birmingham. Contrary to the […]

Sailing Versus Rowing : Active Versus Passive

Oct 03, 2018 Jeremy Parkinson Finance 0

Investor preferences shift between active and passive investing in a cyclical manner. Periods where the market has a strong tailwind of momentum behind it tend to attract a greater demand for passive strategies especially when that momentum carries on for a prolonged period of time. Alternatively, periods of market turbulence tend to swing sentiment back […]

Absurd Proposal As To “Why Cryptos Aren’t Tulips”

Oct 03, 2018 Jeremy Parkinson Finance, No picture 0

Check out the ridiculous logic presented as to why cryptos cannot be in a bubble. Former Fortress hedge fund manager Michael Novogratz says the $8 billion Valuation of Coinbase Proves Cryptos are Not ‘Tulips’. Novogratz, whose cryptocurrency-focused merchant bank Galaxy Digital went public on a Canadian stock exchange in August, predicted major institutional money in bitcoin […]

Silver- Double Bottom Breakout Taking Place?

Oct 03, 2018 Jeremy Parkinson Finance 0

Is Silver creating a double bottom and breaking above key resistance levels? Could be. This 3-pack looks at Silver at three different time frames. The left chart looks at Silver on a “Monthly” basis since late 1970’s. The middle chart looks at Silver on a “Weekly basis” over the past three years and the right chart looks […]

Boofing Bonds

Oct 03, 2018 Jeremy Parkinson Finance 0

Greetings from the dark and quiet suburb of Palo Alto, California. My dogs are all curled near my fight, all too familiar with my morning routine and awaiting their walk. So let’s get to it. The charts, that is, not the walk. As most of you know, I’ve been kind of interest-rate-obsessed all year, and […]

Five Years Is A Long Time To Be Wrong

Oct 03, 2018 Jeremy Parkinson Finance 0

In a few previous blog posts (for example, heh) I discussed the limitations of sentiment as a market timing tool. It certainly can be helpful to track the public’s sentiment and use it as a contrary indicator, and some of my most successful trades have been partly based on sentiment extremes. However, these days I […]

Relief Out Of Italy

Oct 03, 2018 Jeremy Parkinson Finance, No picture 0

Relief out of Italy that the country may reign in spending a bit more than previously planned has European equities trading higher this morning, and US equity futures are following along in the footsteps. Two of the most hated sectors in the market right now are homebuilders and semis, and this morning there is news […]

Pre-IPO Coverage: Upwork (UPWK)

Oct 03, 2018 Jeremy Parkinson Finance, No picture 0

Online freelance platform Upwork (UPWK) will IPO today. At a price of $15 per share, the company plans to raise up to $90 million with an expected market cap of ~$1.3 billion. At the midpoint of the IPO price range, UPWK currently earns our Unattractive rating. UPWK is unprofitable (like a record 83% of IPOs so far […]

Bull Of The Day: Weight Watchers (WTW)

Oct 03, 2018 Jeremy Parkinson Finance, No picture 0

Weight Watchers (WTW – Free Report) announced last week that the company changed its name to WW, in the latest move to distance itself from a diet firm. Beyond the simple rebrand, Weight Watchers has already expanded its offerings to become a more complete wellness company and looks poised to continue to grow, while expanding its earnings. […]