Author Archive: Jeremy Parkinson
Tilray – Should You Buy It?
Oh, hell no. Please don’t go buying a risky pot stock that is up 68% in one day, and nearly 200% on the week. But what if Tilray (TLRY) goes higher? Who cares!?! It doesn’t matter. Yes, people are jumping in Tilray (TLRY) with the hopes and dreams that it continues to march higher. Don’t fool yourselves, people – […]
Turkey ETF Surges Post Rate Hike
On Sep 13, the Central Bank of Turkey hiked its main interest rate to 24%, a hike of 6.25% from the previous 17.75%. This resulted in lira appreciating by 4.3% against the U.S. dollar and iShares MSCI Turkey ETF (TUR – Free Report) gaining 5.9% on the same day. This is the biggest rate hike in President Erdogan’s 15-year […]
Market Talk – Wednesday, Sept. 19
A strong performance from most Asian markets following the US run. Rather the news than the rumor as many people feared. Both the Shanghai and Hang Seng opened unchanged but from that point on, both made steady progress throughout the day. A strong close for both (+1.2%) after the retaliatory response, but does only appear […]
Red Hat Stock Plunges On Weak Q3 Earnings, Revenue Guidance
CNBC’s Courtney Reagan reports that Red Hat stock plunged following an earnings miss.
An 11.7% Yield On The Verge Of An Upgrade
Annaly Capital Management’s (NYSE: NLY) 11.7% yield and the fact that it is a current recommendation in The Oxford Income Letter make it an often requested stock for the Safety Net column. I last reviewed it in January, saying that while Annaly received an “F” rating for dividend safety, its prospects were improving. Let’s see if that’s still true. Annaly got […]
Bitcoin, Meet Tilray (TLRY)
As mentioned in a post earlier, shares of cannabis drug maker Tilray (TLRY) have gone absolutely bananas in the short time it has been public. In the 47 trading days since its IPO, the stock is already up over 1,200%. In order to help put the stock’s surge in perspective, we wanted to compare its recent performance […]
Stocks And Precious Metals Charts – A Dance Of Dragons
“[Hillary] Clinton tells Maddow that she [Hillary] was an obstacle to Russia’s plan to undermine our democracy, and suggests we should be scared of the Kremlin’s grand designs. The lengths these people will go to protect their privilege and deflect from their own failures is staggering, and a real threat… I’ve said that Russiagate is an act […]
Is Tesla Counting On A Billion Dollar Regulatory Credit Bonanza?
Tesla’s primary business of manufacturing and selling electric vehicles, or EVs, generates two classes of tradable regulatory credits that it sells to other automakers. Under rules promulgated by the EPA, automakers must meet Federal greenhouse gas emissions standards, buy GHG Credits from other automakers, or pay substantial fines. Under rules promulgated by California and nine […]
Why This China-U.S. Trade War Could Last 20 Years
I agree with him! The richest man in China, Alibaba co-founder Jack Ma, reckons the trade war is the beginning of a long-term battle for supremacy between China and the U.S. He sees no effective short-term solution to this big global issue. China needs to strengthen its economy to fulfill its long-term shift to stronger domestic consumption […]
