Author Archive: Jeremy Parkinson
Gold & Silver Correction Intensifies
Image Source: UnsplashThe correction in gold and silver intensified this week, and this was especially true for the miners and juniors. However, stocks now appear to be oversold on short-term metrics.00:11:13More By This Author:Gold And Silver Rebound Reverses Lower At ResistanceGold & Silver Bull Has More Time Left Than You ThinkSilver Will Be Best Investment Next 10 Years
Large-Cap Stocks In Trouble – Saturday, Dec. 21
Image Source: UnsplashOver the past 12 months, a group of 10 large-cap stocks have underperformed all others. Here’s an updated look at the top 10 worst performing large-caps, along with their one-year price returns. Note that these numbers are as of Dec. 18, 2024. Additionally, here’s what they look like in a single illustrated chart:More By This Author: Equinor ASA: […]
Wall Street’s Top 10 Stock Calls This Week – Saturday, Dec. 21
Image Source: PixabayWhat has Wall Street been buzzing about this week? Here are the top 5 buy calls and the top 5 sell calls made by Wall Street’s best analysts during the trading week of Dec. 16-20, 2024. First, here is a look at the top 5 buy calls of the week. 1. Tesla Upgraded at Mizuho on […]
Kick-Save And A Beauty; Two New Swing Positions
Image Source: PixabayIn this video, I review the overall market. I also provide two new swing positions, along with my exact game plan for Monday’s session.00:12:53More By This Author:What Else Is There To Say About This Strong Tape; Three New Swing PositionsThanksgiving Week Does Not Disappoint; One New Swing Trade SetupLocked & Loaded For End-Of-Year Rally As Bullish […]
Mastercard Dividend Increase
Image Source: PixabayOn Dec. 17, 2024, Mastercard (MA) increased its quarterly dividend by 15.15%, from 66 cents to 76 cents per share. The dividend will be paid on Feb. 7, 2025 to shareholders. Additionally, the ex-dividend date is Jan. 9, 2025.The stock’s contribution to my portfolio’s projected annual dividend income will increase by $20 to $152. I own 50 shares of Mastercard stock at an average […]
The Drugstore Industry Is Definitely Suffering, But Don’t Count It Out Just Yet
Image Source: PixabayDrugstores are not the investment darlings they used to be. They’ve been struggling for years – more than a decade, actually – and those struggles are now front and center. According to a recently published report from Health Affairs (Vol. 43, No. 12), “More U.S. pharmacies closed than opened in 2018-21.”In fact, “of the 88,930 retail pharmacies […]
Ethereum Rejected At $4,000 Resistance Again: What Lies Ahead For ETH?
Due to yesterday’s crypto market rout, Ethereum (ETH) has now faced rejection at the key $4,000 resistance level for three times since March 2024. The second-largest cryptocurrency by reported market cap is now trading at the $3,400 level, down 6.7% in the past 24 hours. What’s Behind Ethereum’s Underwhelming Price Performance?While ETH has posted a respectable […]
Technical Market Report For December 21, 2024
The good news is: The market is oversold and ready for a bounce. The NegativesThe first chart covers the last 6 months showing the S&P 500 (SPX) in red and a 10% trend (19 day EMA) of NYSE new highs (NY NH) in green. Dashed vertical lines have been drawn on the 1st trading day […]
Golden Cross Death Cross: Skip The Hype, Focus On The Trend
Introduction: The Alluring Tale of Moving Averages The “golden cross” and “death cross” have enthralled many market participants for decades. You see the headlines: “The Golden Cross Is Here—Stocks Likely to Skyrocket!” or dire proclamations like “A Death Cross Has Emerged—Brace for the End!” But how often do these events deliver, and how usually do they […]
Santa Claus Rally Or Did The Fed Steal Christmas? Need Help With Your Investing Strategy? Will Santa Claus Visit Broad And Wall? Did The Fed Steal Christmas? Technically Speaking Calculating The Madness How We Are Trading It
Powell & A Government Shutdown Hits StocksLast week, we noted the ongoing market churn that could last into this week’s Fed meeting. To wit: “That certainly seemed the case this past week, with the market trading being fairly sloppy. Attempts to push the market higher were repeatedly met with sellers, and we saw a rotation from […]
