Author Archive: Jeremy Parkinson
Pairs In Focus – Sunday, Dec. 15
Image Source: Unsplash Silver The previous week for silver was a very difficult one. The market tried to reach the $32.35 level, but as soon as silver got anywhere near there, the space started to see a lot of selling pressure. As of the time of writing, silver has plummeted down to the $30.44 level, and now it seems to be looking […]
3 Food Industry Stocks To Feast On Before The New Year Rings In
Image: BigstockWith the final weeks of 2024 on the horizon, the food industry finds itself at a pivotal moment. Consumer trends, supply-chain dynamics, and macroeconomic conditions have shaped the year into one of innovation and resilience.While inflation has eased slightly, it continues to influence consumer choices, pushing many to prioritize value-driven purchases. In response, food […]
WEC Energy Group Dividend Increase
Image Source: PixabayOn Dec. 5, 2024, WEC Energy Group, Inc. (WEC) increased its quarterly dividend by 6.87%, from 83.5 cents to 89.25 cents per share. The dividend will be paid on March 1, 2025 to shareholders of record. The ex-dividend date is Feb. 14, 2025.The stock’s contribution to my portfolio’s projected annual dividend income will increase by $69 to $1,071.I own 300 shares of WEC Energy […]
ServiceTitan Jumps 42% In Trading Debut
Image Source: www.gotcredit.com via FlickrShares of ServiceTitan jumped as much as 42% on Thursday when the cloud software vendor made its Nasdaq debut. ServiceTitan is the first significant tech company to go public since Rubrik’s (RBRK) debut back in April and Reddit’s debut (RDDT) a month prior. Latest IPOs and Direct Listings NetClass Technology (NTCL) opened on Dec. 13 at $5.25. The company had priced its initial […]
Weekly Technical Update: S&P 500 – Sunday, Dec. 15
Image Source: PexelsThe S&P 500 has continued to work its way higher, as it appears destined to reach the 6,200 level. In this video, I take a closer look at the market and update the labeling on the charts. Next week’s economic data will shift focus to PMI readings, U.S. Retail Sales, and the Fed decision on Wednesday.00:33:31More By This Author:Nasdaq […]
Is A Santa Claus Rally Into Year End Still Likely?
Image Source: Pixabay Stocks have been choppy over recent weeks, as portfolio manager Lance Roberts predicted due to end-of-year rebalancing by the major Wall Street funds.Once that wave is over, does a Santa Claus rally still look likely to occur?Lance and I discuss the odds of this, as well as the recent inflation data, poor price […]
Is The Treasury Market Signaling A Financial Crisis?
Image Source: Unsplash Update on T-bills. Last week’s wild auctions repeated this week, only with flipped maturities. Other related data confirm the sharp demand as well as dealer participation in it. We discuss the implications plus dig into the reason why collateral is so important to begin with, and also why we don’t know nearly enough […]
Revisiting, “This Time Is Different”
Image Source: Pexels Efforts to justify the most recent market melt-up following the election of Donald Trump are difficult to comprehend if you are one of those already skeptical of this market. A read of the 2009 bestselling book titled, “This Time Is Different” did little to convince me that this time is different. It chronicles […]
Be Careful In This Unforgiving Market. The Tide Is Turning.
Image Source: Unsplash “It isn’t enough to believe in something, you have to have the stamina to meet obstacles and overcome them, to struggle.” – Golda Meir Market Commentary: Be careful in this unforgiving market. Know what you own, and why. We see excellent set-ups in top-ranked Magnet stocks while several market leaders are breaking down. The […]
Buying Alphabet/Google After Reviewing Price Target
Image Source: Pixabay During my routine review of the fair value targets for Watch List stocks, I noticed there was a bug in my spreadsheet for the calculation of Google’s (GOOG, GOOGL) fair value target. For terminal value, I was discounting by the free cash flow margin rate instead of the discount. This led to a quite substantial under-estimation of […]
