Author Archive: Jeremy Parkinson
5 Top-Ranked Nasdaq Stocks Defying The Worst September Start
After peaking at the end of the last month, the Nasdaq Composite Index logged in the fourth straight decline last week, slumping 2.6% — the worst start to September since 2008. The sluggish trading was stemmed from a steep sell-off in the tech sector, which came following the congressional scrutiny of social media companies and […]
What Is Flipkart’s Game Plan?
Photo Credit: vignesh kumar/Flickr.com Last month, Walmart completed its $16 billion acquisition of a 77% stake in India’s leading online marketplace Flipkart. Since the acquisition was announced in May, Flipkart has been rolling up companies and has also launched a loyalty program to up its game against Amazon. Let’s take a closer look. Flipkart’s Recent Acquisitions […]
Japanese Investors Buy Treasuries And French Bonds And Sell Bunds And Gilts
Japan reported a slightly larger than expected July current account surplus earlier today. The July balance has improved over June without fail since 2003. Japan’s current account surplus is not driven by the trade balance. In fact, Japan recorded a trade deficit of JPY1 bln on a balance-of-payments basis in July, its third deficit in the […]
Tech Leadership Testing Key Breakout Test
Since the 2009 lows, Semiconductor ETF (SMH) has gained nearly 50% more than the S&P 500 (see upper left chart). The rally off the 2009 lows has it testing the highs of 2000, as it is creating what looks like a narrowing pennant pattern since the 2018 highs in March. After hitting the highs 6-months […]
US Dollar Reacts At Resistance: ECB, BoE Highlight This Week
FX TABLES SET FOR A BIG WEEK OF DATA It’s been somewhat of a slow open to September after an abnormally busy summer across FX; but with a fairly full economic docket for this week, the impasse may be soon giving way. The US Dollar has been in a state of flux since mid-August, with prior […]
10 Best Dividend Paying Stocks For The Enterprising Investor – September 2018
There are a number of great companies in the market today. By using the ModernGraham Valuation Model, I’ve selected ten of the best dividend paying stocks for the Enterprising dividend stock investor. These companies have the highest dividend yields among the undervalued companies reviewed by ModernGraham which are suitable for Enterprising Investor according to the ModernGraham approach. Defensive Investors […]
Secular Trends In Employment: Goods Producing Versus Services Providing – Monday, Sept. 10
The Department of Labor has monthly data on employment by industry categories reaching back to 1939. At the highest level, all jobs are categorized in either Service-Providing Industries or Goods Producing Industries. The adjacent chart illustrates the ratio of the two since 1939. The latest monthly employment report showed a gain of 201K nonfarm payrolls, […]
Forex Forecast And Cryptocurrencies Forecast For September 10-14
First, a review of last week’s events: EUR/USD. As for the trends and their changes, the forecast given last week turned out to be absolutely accurate: starting from Tuesday, September 6, we saw the weakening of the dollar and the pair’s growth, and the strengthening of the dollar and the fall of the pair at […]
5 Business Services Stocks To Buy As Job Gains Soar
In August, job additions exceeded expectations, indicating that economic expansion retained steam toward the end of summer. Though the unemployment rate remained unchanged at 3.9%, the big news from this Labor Department report was the spike in wage gains. This metric soared to its highest level since the end of the Great Recession. It wasn’t […]
Verizon Hikes Dividends For The 12th Consecutive Year
Verizon Communications Inc. (VZ), through its subsidiaries, offers communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Verizon raised its quarterly dividend by 2.10% to 60.25 cents/share. This was the 12th consecutive year that Verizon’s Board has approved a quarterly dividend increase. As a result of the track record of […]
