Author Archive: Jeremy Parkinson
Outlook For Gold – Same But Different
“Some things never change. Some things do.” You might be wondering why we are quoting one of the lines from the Matrix movie. The reason is because that’s exactly what we can say about the gold market and the price patterns in it. The thing that never changes is the fact that gold will always […]
Walgreens Boots (WBA) Tops Q2 Earnings, Revenues Estimates
Are you a frequent visitor to retail drugstores? Then you must have come across at least one of the more than 13,200 drugstores operated by Walgreens Boots Alliance, Inc. (WBA – Free Report) . This Illinois-based company is the first global pharmacy-led, health and wellbeing enterprise. Currently, Walgreens Boots has a Zacks Rank #3 (Hold) but that could change […]
Forget FANG Woes With These Tech ETFs
After rebounding strongly from an early February market selloff, the technology sector is once again caught in wild trading thanks to the decline in FANG stocks. This is especially true as the NYSE FANG index, which tracks the 10 biggest and most active tech stocks in the world, slipped into correction territory from its Mar […]
EURUSD: Follows Through Lower On Corrective Pullback
EURUSD pair saw a follow through lower on the back of its Tuesday correction on Wednesday. On the upside, resistance comes in at 1.2400 level with a cut through here opening the door for more upside towards the 1.2450 level. Further up, resistance lies at the 1.2500 level where a break will expose the 1.2550 […]
Pending Home Sales Tumble Year-Over-Year
Headlines proclaim housing ‘fixed’ as pending home sales jumped 3.1% MoM in Feb (better than expected 2.0% gain), rebounding from a downwardly revised January collapse of 5.0%. Bloomberg notes that while the month-over-month gain shows demand for housing is still getting support from steady hiring, the market is facing several headwinds. Buyers are up against a persistent shortage […]
Bitcoin Support Or Crash?
A review of today’s commodities, stocks, ETFs, stock market indexes and cryptocurrencies. Video Length: 00:19:27
Looking For Action? S&P 1500 Most Volatile Stocks – Wednesday, March 28
For traders with a short-term time horizon looking for big moves, we have updated our list of the S&P 1500 stocks trading above $10 that have the largest intraday high-low ranges (based on the average percent spread between the intraday high and low over the last 50 days). The stocks are grouped based on whether […]
What’s Really Driving Canadian National Railway (USA)’s ROE Of 35%?
Canadian National Railway (USA) (NYSE: CNI) easily outperformed the Industrials sector by 25.1% as it relates to ROE, producing a strong 35.2% compared to the sector’s 10.1%. But what is more interesting is whether Canadian National Railway will continue to achieve superior returns moving forward. The DuPont analysis is a useful tool that may help us […]
Cincinnati Financial: A High-Quality But Expensive Dividend King
The last financial crisis made many financial corporations cut their dividends, but Cincinnati Financial (CINF) managed to keep its dividend growth streak alive. The company has raised its payout for 57 years in a row, which makes the insurance company one of the Dividend Kings. Cincinnati Financial’s dividend yield is substantially higher than that of […]
Dollar Falls Slightly As Consumer Confidence Falls
The dollar dropped slightly following the Consumer Board’s Consumer Confidence data. The data showed that in February, the confidence of consumers declined to 127.7. This was lower from January’s 130 and from the analysts’ forecast of 131. Had the confidence number rose in the month, it would have been the third consecutive month of gains. […]
