Author Archive: Jeremy Parkinson
Oil Likely To Find Support In Uptrend
I have focused my attention on the recent price rotation in the Crude Oil market. I believe the recent downside rotation in price, while technically still in a bullish trend, is an excellent opportunity for traders to identify entry positions for a potential price rally to levels near of above $70~71 ppb. My proprietary […]
Weekly Market Digest: Markets Experience A Volatile Week
After a short week of trading, all major global equity indexes finished the week with negative performance. In the US alone, a tumultuous four days were highlighted by Amazon briefly joining Apple as the second company ever to reach a 13-figure valuation, CEO’s of major technology companies testifying before congress about data security again, public […]
Weight Watchers To Replace KLX Inc In S&P MidCap 400
Weight Watchers International (WTW) will replace KLX Inc. (KLXI) in the S&P MidCap 400, and KLX Energy Services Holdings Inc. (KLXE) will replace FTD Companies Inc. (FTD) in the S&P SmallCap 600 effective prior to the open of trading on Tuesday, September 18, 2018. S&P 500 constituent, The Boeing Co. (BA), is acquiring KLX in […]
Smart Beta Is Officially Dead, But Not Forgotten
Ryan Kirlin walks through his experience growing up in smart beta. He was there in the beginning and has seen it to the end. Jack has Ryan walk through his experience in the industry and why smart beta was so useful — at one point in time — while he was a wholesaler trying to […]
Market Pulls Back After Strong Run
The market fell last week and paused to consolidate a very strong rally. Remember, it is perfectly normal (and healthy) for a market to periodically pull back, providing the bulls show up and defend support. For now, the next level of important support to watch for the major indices is the 50 day moving average […]
Weekly Wrap: September Living Up To Its Reputation As The Market Gets Punched This Week
Equity markets lost ground during the first week of the typically volatile month of September. The once market-leading tech sector is taking a beating both in the markets and on Capitol Hill. Wage growth is accelerating, which puts more pressure on the Fed to raise rates. Italy is becoming more worrisome while little progress has […]
