Author Archive: Jeremy Parkinson
ETFs To Tap Amazon’s Growth And Expansion Story
Amazon (AMZN – Free Report) has gained nearly 64% year to date in comparison with the S&P 500, which has gained 8.8%. On Sep 4, it became the second company to reach the trillion-dollar feat after Apple (AAPL). Amazon has miles to go with the recent developments taking place. Plan of Opening 3000 Cashierless Stores by 2021 […]
Not Stealth Taper, Scared Taper
Just like Jay Powell is surely hoping for some help from Mother Nature, the central bankers at the BoJ have to be wishing for more on their side of the Pacific. The US Federal Reserve will be looking for a repeat of last year’s Harvey and Irma effects out of Florence. It looks like they’ll need […]
Natural Gas Calms Down Into The Weekend
After what has been a very volatile week the natural gas market calmed down today, declining overnight but rallying on continued cash strength and a stronger winter strip this morning and settling near flat. Again today the winter strip supported the prompt month October contract, with the December and January contracts logging the largest gains […]
This Week In Cryptocurrency – Sept. 21
A Light at the End of the Tunnel It looks like our darkest days may be behind us, folks. This week, we’ve got green as far as the eye can see as the market looks to be changing its tune. The overall market grew from just under $199 billion to over $225 billion in the […]
Weekly Market Digest: Reshuffling Occurs Within Sector And Industry Classifications
It was an action-packed week. Both the DJIA and the S&P 500 overcame trade war escalation to hit all-time highs, treasury yields spiked, S&P sector reclassification arrived, and the Cleveland Browns finally unlocked their Bud Light victory fridges. Friday’s much anticipated trading session featured both quadruple witching (where index and stock futures and options expire) […]
Stock Market Gains Without Stock Market Risk
Investors worldwide have most of their investment and retirement capital in the stock market. This means your financial well-being and, therefore your quality of life, ebbs and flows with the rise and fall of the stock market. On the other hand, Wall Street pros profit whether the market goes up, down or sideways. One group […]
Tesla Exodus Continues As VP Of Global Supply Management Resigns
Tesla’s Vice President of Global Supply Management has reportedly resigned from the company. Liam O’Connor, who came to Tesla from Apple in March of 2015, has become the latest in a deluge of executive departures from Tesla this year. O’Connor may have been one of the employees intimately involved in trying to manage the company’s ballooning payables, which […]
Micron Beats But The Shares Sink
Micron Technologies (MU) reported fiscal fourth quarter results on Thursday after the markets closed and initially appeared to deliver an excellent quarter. MU posted net earnings of $3.53/share versus the Zacks Consensus Estimate of $3.32 and revenues of $8.44B – a 38% increase over Q4 2017. Full fiscal year results showed revenues up 50% and operating cash […]
