Thanksgiving Was A Smashing Success For The Box Office – But I’m Still Not Buying Entertainment Properties
Dec 07, 2024
Jeremy Parkinson
Finance
Photo by Donreál Lunkin on UnsplashI mentioned movie theaters in a previous article, but I think the industry deserves a deeper dive today. After all, it’s a big deal that beleaguered movie theaters recorded massive Thanksgiving weekend sales. It’s no exaggeration that ticket sales blew everyone’s expectations out of the water.Moana 2 opened with $221 million worth of ticket sales here […]
How To Ride A Bull Market To Massive Profits
Dec 07, 2024
Jeremy Parkinson
Finance
Image Source: PixabaySteve Barton and I had the opportunity to chat about the potential directions the stock market could take over the ‘Santa Claus Rally’ season and through an unpredictable January. We cover a whole lot of charts, so grab a coffee and enjoy.01:00:23The main questions and topics we covered include the following: 00:00 – Breaking Down Currency Effects on Global […]
What’s Going On With Lululemon Shares?
Dec 07, 2024
Jeremy Parkinson
Finance
Image: BigstockThe Q3 cycle is over, with the bulk of companies having already revealed their quarterly results. The period was once again a time of positivity, with earnings growth remaining positive and seeing a nice boost from technology.But one late reporter, Lululemon (LULU – Free Report), posted results that positively shocked investors. Let’s take a closer look at the results. […]
The 7 Largest Companies – Saturday, Dec. 7
Dec 07, 2024
Jeremy Parkinson
Finance
Image Source: PexelsHere is a short look at the 7 largest companies by market capitalization as of Saturday, Dec. 7, 2024. Additionally, I have included the percentages of their gains on a year-to-date basis. Let’s dive into the numbers. Apple (AAPL) has a market cap of around $3.67 trillion, with year-to-date gains of approximately +26.1% Nvidia (NVDA) has a market cap of around $3.49 trillion, […]
The Stock Market Has Entered The Danger Zone
Dec 07, 2024
Jeremy Parkinson
Finance
Image Source: PixabayIt appears that the stock market has finally entered the ‘Danger Zone.’ In this video, I discuss what to expect from this development.00:12:43More By This Author:Volatility May Be Returning To A Stock Market Near You Market Liquidity May Not Be As Ample As Some BelieveVolatility May Be Due To Increase Significantly Starting Tomorrow
Warning Signs Flash For Intel As Stock Rates Zero
Dec 07, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashI’ll admit, this is a bit geeky, but the greatest thrill in the life of a systematic investor comes when you least expect it — when one of your own systems surprises even you. Because let’s face it, that’s the whole point of all the hard work.With Green Zone Power Ratings, we’re building a system that can […]
Jobs Report Exceeds Expectations As Consumer Sentiment Remains Below Average For 31 Straight Months
Dec 07, 2024
Jeremy Parkinson
Finance
Image Source: PexelsNovember non-farm payrolls showed a +227,000 gain in employment, exceeding street expectations of +218,000. September and October job gains were revised upwards by a total of +56,000 more than previous estimates, bringing total job gains to a total of +283,000. The three-month average of job gains moved up from 123,000 to 190,000, while the 12-month average also moved up […]
Managing Headline Risk
Dec 07, 2024
Jeremy Parkinson
Finance
Image Source: PixabayHeadline risk is a part of trading, no matter how well you manage the risk. There’s always the possibility of getting a downgrade or press release that wrecks your swing trade. But what can you do to better prepare your portfolio against such headwinds?00:24:26More By This Author:When It Is Too Late To TradeWhen Should I […]
What Else Is There To Say About This Strong Tape; Three New Swing Positions
Dec 07, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashThere is not much to say about this tape. I remain fully invested, and I’m just rotating from the laggards, taking some profits in the extended leaders, and moving that money into the new long signals. All signals are ‘grade B’ at best, so I am just taking all the cash on hand after trading and splitting it […]
Energy Victory
Dec 07, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashLast week, I made a post called “Energy Bear,” in which I suggested going bearish against the oil and gas sector fund, XOP. I have good news and bad news. The good news is that, as your world-class chartist, I was completely right, and XOP has been punched in the face every single day since my post.The […]