Author Archive: Jeremy Parkinson
Deep Dive: Is Magnificent Seven Still A Good Bet For 2025?
Image courtesy of 123rf.com Some stocks in the Magnificent Seven have been less so during 2024, and certainly compared to last year. Is there room for improvement during 2025? At the end of the line, it makes less sense to lump them together from this point onward. With New Highs, Is It Time To Be Bearish […]
Chinese Stocks In Free Fall
In the US, equities have staged a solid rally this month with most of the move occurring after the election. Elsewhere in the world, equities haven’t exactly shared in the gains. Chinese stocks, using the iShares MSCI China ETF (MCHI) as a proxy, surged throughout September and into early October as stimulus measures were announced. After […]
Gold And Silver Still Near Ground Floor Opportunity
Image Source: Pixabay Gold broke out from a 13-year cup and handle pattern earlier this year to a new all-time high and advanced to $2800/oz.Silver broke out from 4-year resistance and recently reached an 11-year high, touching $35/oz.However, the ongoing secular bull market in US Stocks and the emerging bubble in cryptocurrency have stolen its shine.In […]
TJX Sees Opportunity In Trump’s Tariff Chaos As Rivals Brace For Price Hikes: Here’s Why
Image Source: Unsplash President-elect Donald Trump’s sweeping tariff proposals have triggered widespread concerns among businesses and economists.Trump has suggested imposing a 20% tariff on all US imports and steeper duties of up to 60% on goods from China and other key trading partners.Retailers like Walmart and Lowe’s have already signaled that they may need to raise […]
Dillard’s Inc.: Is It A Buy?
Image Source: Unsplash As part of our ongoing series here at The Acquirer’s Multiple, each week we focus on one of the stocks from our Stock Screeners, and why it’s a ‘buy’ based on key fundamentals.One of the cheapest stocks in our Stock Screeners is:Dillard’s Inc (DDS)Dillard’s Inc is an American fashion apparel, cosmetics, and home furnishings retailer. Its stores […]
Bitcoin ATH Drags ETH/BTC To Lowest Point In 3 Years – What’s Next For Ethereum?
Image Source: Unsplash As Bitcoin (BTC) reached a new all-time high (ATH) of $98,310 today, the ETH/BTC trading pair fell to multi-year lows, raising questions about the relative strength of Ethereum (ETH), the second-largest digital asset. What’s Causing Ethereum’s Underperformance Against Bitcoin? Bitcoin’s new ATH earlier today brings it within $2,000 of the coveted $100,000 mark. […]
Wall Street Scores Daily, Weekly Wins
Wall Street had a mixed session, but turned in a solid weekly wins across the board. The Dow jumped 426 points for its third-straight daily win, while the S&P 500 was moderately higher and secured its fifth consecutive gain. The Nasdaq closed just above breakeven, as investors continued to shift out of tech into more […]
What Are The Implications Of DOGE?
The Trump administration intends to treat the government like a business, removing waste and increasing productivity. Can it be done? It’s difficult to say. Firing government employees is notoriously difficult (hence the “fail up” theme that is common in the public sector).Having said that, there’s clearly room for improvement/ cost cutting. The bigger issues pertain […]
Sentiment Indicators
The University of Michigan just released its revised Consumer sentiment data for the month of November, which came in below expectations at 71.8 (street expecting 74.0). This however was a modest 1.3 points higher than last month (+1.8%) and 17.1% higher than last year.The consumer sentiment index has been below its historical average (orange line: […]
Asset Class/Key ETF Performance Since Election Day 2024
We’re just under three weeks past Election Day 2024 and below is an updated look at the performance of various asset classes since then using our key ETF matrix. While it may feel like the stock market has gone gangbusters since the close on 11/5, the S&P 500 ETF (SPY) is up just over 3%, […]
