Author Archive: Jeremy Parkinson
Toll Brothers: Examining The Mystery Of The Stock’s Weakness
“Haters gonna hate.” That phrase was a great way for CNBC’s Jim Cramer to begin his monologue introducing his interview with Toll Brothers CEO Douglas C. Yearley. In 2018, investors have exhibited plenty of loathing for the stocks of home builders despite an on-going string of strong earnings results and the backdrop of a strong economy. […]
Gold Prices Climb As Dollar Weakens
Gold prices rose $7.76 an ounce on Wednesday, marking the third consecutive rise, as a weaker U.S. dollar index lured investors back into the market. Signs of easing in trade tensions also prompted some renewed buying interest in the gold market. In economic news, the Labor Department reported that the producer price index slipped 0.1% […]
Does Currency Hedging Reduce Volatility?
“Currency adds volatility – and that can be costly.” – Sales Pitch One of the main selling points for hedging currency exposure in foreign equities is a reduction in volatility. The argument typically goes as follows: as a U.S. investor, why take on additional currency volatility if you don’t have to? Simply hedge the foreign currency exposure, […]
Long And Short Of Short Interest – Thursday, Sept. 13
Here is a brief review of period-over-period change in short interest in the August 16-31 period in nine S&P 500 sectors. XLB (SPDR materials ETF) XLB (59.20) continues to go back and forth around its 50- and 200-day moving averages (currently in between). Late August, it rallied to 60.29, but only to get rejected at a […]
Stocks For You To Swing-Trade: NVTA, CCL, ECA
Thursday’s Swing-Trades: Take a look at three trading ideas to prep you for the next trading session. Long Invitae (NVTA) Long Carnival (CCL) Short EnCana (ECA)
How Could Trump Tariffs Double America’s Trade Losses
Trump tariffs are based on flawed doctrines, which could penalize the US as much as its trade deficits. Last Friday, President Trump threatened to impose tariffs on $267 billion in Chinese goods, on top of the additional $200 billion that he said will likely be hit with import taxes in a matter of days. If […]
Euro, British Pound May Diverge On ECB And BOE Policy Decisions
All eyes are on policy announcements from the European Central Bank and the Bank of England in European trading hours. No changes are expected from either monetary authority but volatility emerge all the same as markets digest the forward guidance on offer. The ECB seems to be on autopilot through year-end as it winds down QE asset purchases. That […]
3 Charts On EM Vs DM Equity Allocations
Emerging markets have taken a beating this year on the back of softer China growth, the trade wars, a stronger USD, and Fed tightening… along with a few idiosyncratic issues (Turkey, Argentina, et al). While I think EM still faces a number of headwinds in the short term I wanted to highlight a few longer-term […]
Ripple (XRP), Stellar (XLM) And EOS Among Top Gainers – What’s Next?
Ripple’s XRP, Stellar Lumens XLM, and EOS were among the top gainers in top 10 cryptocurrencies by market cap on Wednesday. But the gains weren’t enough for neither of them to form a solid bullish reversal chart pattern. Ripple (XRP) Overview Ripple’s gains came after the news that MasterCard has been mentoring Ripple since 2011 […]
The New Argentine/IMF Agreement: Will This Work Out As Badly As What Happened In Greece?
Introduction Remember the BRICS? Brazil, Russia, India, China and South Africa? The members formed the group to be a spokesman for developing countries. But where are they now? Uncontrolled corruption in Brazil and South Africa are causing significant problems. Russia has been slowed by US sanctions. India has a high growth GDP growth rate. But as […]
