Author Archive: Jeremy Parkinson
5 Of Today’s Biggest Marijuana Stock Losers – Wednesday, August 29
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Out of over 200+ marijuana stocks, here are just 5 of the biggest marijuana stock losers in trading on Wednesday, August 29th including CV Sciences, Inc. (OTC:CVSI) and more… Aero Grow International, Inc. (OTC:AERO) Shares of Aero Grow […]
Investors Have Misdiagnosed Amazon’s Push Into The Pharmacy Business
Companies everywhere, in every business, are paranoid about Amazon.com. This sort of paranoia is healthy for the long-term well-being of our investment portfolio, as it is creating interesting buying opportunities. A case in point: My firm spent a lot of time thinking about pharmacies when we were analyzing investments in McKesson and other drug distributors. We struggled […]
September Gas Expires With A Bang
It was an exciting expiry for the September natural gas contract, as after rallying in the morning and pulling back into the early afternoon the contract spiked in the final hour before expiry to expire up around a percent and a half on the day. The role that the September contract had in dragging up […]
Tesla’s Entire Internet Network Down: Some Use It To Unlock Or Start Their Cars
[TM Editor Update: As of time of publication the network was not fully back up from the outage that began about 3:30PM ET.] Tesla, we have a problem. I cannot unlock my car. Electrek reports Tesla’s Fleet Internet Network is Down. Tesla’s fleet network connection, which is an increasingly important feature for owners, is currently […]
USDCHF: Bearish, Risk Continues To Point Lower
USDCHF pair continues to face downside pressure closing further lower on Wednesday. On the downside, support lies at the 0.9650 level. A turn below here will open the door for more weakness towards the 0.9600 level and then the 0.9550 level. Its daily RSI is bearish and pointing lower suggesting further weakness. On the upside, […]
Even ETs Are Flying In For The Market Rally
News of the runaway gaps in Nasdaq, S&P 500 and the Dow, hit the interplanetary airwaves. Hovering above the earth in their space dinghy, a family of extraterrestrials are looking for a soft landing. It does seem though, that their navigation system is a bit off. Instead of landing near Wall Street, the ETs are […]
Eleven Reasons Why I Am Super Bullish On Gold And Silver
This chart is courtesy Real Investment Advice.com and borrowed from a recent article: ‘Wicksell’s Elegant Model’. The brown areas in the chart highlight the periods when ‘real rates’ were and are negative. Gold tends to perform best during those periods. Featured is the weekly gold chart courtesy Stockcharts.com. The pattern indicates the likelihood of a developing ‘inverted head […]
Market Talk – Wednesday, August 29
Similar to yesterdays session, many had expected a stronger Asian opening than we saw, following fresh historic highs, but sentiment failed to follow through. Even though core indices opened stronger, through the day they tended to decline through the lack of volume and commitment. The Hang Seng did perform better than Shanghai but by the […]
S&P 500 Hits 2,900: Best Performing Stocks YTD
Thanks to easing trade tensions and the U.S.-Mexico deal, the country’s stock market continues to enjoy the longest bull run since World War II. Notably, the S&P 500 hit 2,900 for the first time in history and closed at record highs for the third consecutive session. The index is up 8.4% so far this year. […]
When Will S&P 500 Valuations Matter Again?
In the private markets, buyers and sellers care a great deal about valuation. For example, a financial advisory practice might fetch between 1 percent and 2 percent of assets under management. Or it might go for 2.3 times trailing 12 months’ gross revenues. Higher or lower valuations depend largely on things like key personnel, average […]
