Author Archive: Jeremy Parkinson
Asset Class Performance MTD, QTD, And YTD 2018
Below is an updated look at the performance of various asset classes using key ETFs tracked in our Trend Analyzer tool. For each ETF, we show its total return month-to-date, quarter-to-date, and year-to-date. While September has been an up month so far for the S&P 500 (SPY), we’ve seen some rotation out of the strategies that were […]
Housing: A Big Miss In Permits With Important Ramifications
Despite a smart month over month increase in starts, this morning’s report on housing permits and starts, taken as a whole, was a sharp negative. It’s true that starts, both in total and for single-family units only, were higher than their readings from the last two months. This is something that I forecast one month […]
Trade War? Stocks Rally Sharply
Trade War Potentially Simmers Down It’s shocking how the trade war situation worked out. The futures market looked weak on Monday night. It seemed inevitable that China would match the tariffs President Trump announced. However, that’s not what happened. China announced it would tax $60 billion worth of American goods between a 5% and 10% […]
Tilray Hits $300, Then Is Halted Three Times During Dramatic Plunge
The Volkswagen Tilray short-squeeze is becoming unbearable for pot bears, as a result of the minute moves in the stock, which moments ago soared to $300/share. We will let readers catch up on the TLRy story, but what was remarkable is just how clinically TLRY tumbled the instant it hit a record high of $300, sending its market […]
US Telecom Stocks Surge As 5G Ambitions Intensify
U.S.-based telecom sector stocks have been soaring, amid progress towards advancing 5G (next generation) technology and despite global competition. Telcos have been ramping up their efforts recently to achieve an edge in rolling out nationwide 5G networks, which are widely expected to open up a vast array of services, including for broadband, mobile and Internet […]
AutoNation CEO Jackson To Step Down In 2019 After Nearly 20 Years
Shares of AutoNation (AN) are climbing in morning trading after the company said its long-time chief executive officer will step down from his role in 2019 to become the company’s executive chairman. AutoNation is also undertaking a search to find its next CEO. LONG-TIME CEO MIKE JACKSON TO STEP DOWN IN 2019: AutoNation’s CEO Mike […]
U.S. Markets Ignore Tariff Worries: 5 Top-Ranked Picks
Wall Street shrugged off early losses on Sep 18 to close in the green as investors chose to ignore trade tensions. Stocks moved north after the latest tariffs from the United States and China were less harmful than expected. Consumer discretionary and industrials stocks emerged as the leading performers. Tech shares also gained after […]
Tilray (TLRY): Canadian Blue Chip?
Canadian-based Tilray (TLRY) is up 1,232% since it IPOed two months ago on July 18th. Wait, say that again!? Yes, TLRY is up more than 1,200% since going public just two months ago! What does TLRY do? It’s a cannabis drug-maker, of course. As the cannabis wave has swelled, Tilray’s massive gain over the last two months […]
Some Key Comments Were Made By Premier Li Regarding China’s Economy
(Audio length 00:13:18) Chris Temple joins me to focus on the comments made by China’s Premier Li regarding the challenges China continues to face and how it remains a developing country. This is the first time we have heard a high ranking official speak about weakness in the overall Chinese economy all while trade war […]
Gold Stocks Remain In Downtrend But Uranium Stocks On The Cusp Of New Bull Market
Gold stocks failed to break out in the spring and then broke down to multi-year lows by September. As autumn beckons, the precious metals sector at large is very oversold and could be starting a rebound. However, the fundamentals are not yet in place for a new bull market. They will be when the Fed […]
