Author Archive: Jeremy Parkinson
Week In Review: Jiangsu Hansoh To Raise Up To $3 Billion In Hong Kong IPO
Hansoh, a China pharma based in Lianyungang, Jiangsu province, has applied to stage an IPO on the Hong Kong exchange (see story). Unlike most companies seeking Hong Kong IPOs, Hansoh is both profitable and established. It claims to be one of the top 30 biopharmas in China, with revenues of $900 million in 2017. Two years ago, when rumors of a Hong Kong IPO […]
Gains Ahead Of The Weekend Lift Dollar’s Technical Tone
The US dollar rose against the major currencies last week. The sole exception was the Swedish krona. More than a third of its 1.15% weekly advance was recorded ahead of the weekend in what appeared to be position-squaring ahead of the September 9 election. The Dollar Index rose 0.25% last week, owing to the pre-weekend gain, […]
Ethereum Plummets After Co-Founder Buterin Says Days Of Explosive Growth Are Over
he pain for ethereum fans has been relentless in 2018, with the cryptocurrency sliding more than 80% from its January highs. Then, moments ago even more pain was unleashed by an unlikely source after Vitalik Buterin, Ethereum’s 24 year old co-founder, said that “the days of explosive growth in the blockchain industry have likely come […]
Are Investors Tired Of Winning?
Investors, consumers and business owners seem to be winning on all fronts these days. Forecasts estimate 2018 dividends of $500 billion, corporate stock buybacks of over $700 billion and Mergers & Acquisitions (M&A) business of $1.3 trillion. This would be an impressive 10% of the value of the S&P 500 Stock Index and over 12% […]
After Musk Smokes Weed, Bookies Expect Him To Be Forced To Step Down As CEO In 2018
BetDSI, an online gambling website, is offering a variety of prop bets on Elon Musk after the Tesla CEO smoked marijuana during a live interview with Joe Rogan on Thursday evening. Oddsmakers at BetDSI expect Musk will be forced to step down as CEO before the end of the year, but they do not expect […]
S&P Intrinsic Value And Update
“Davidson” submits: Making investment decisions requires monitoring and working through a massive flow of current opinion comparing diverse forecasts with market prices in the context of economic and specific corporate financial trends. That was a mouthful and indeed is the reality of what one needs to do. Net/net, conditions remain as positive as they have […]
Chart Of The Week: Playing With Dominoes
The Great “Recession” was never a recession. It was a monetary event first and foremost, and it continues to be eleven years later. That means by and large it has been a failure of imagination. Central bankers say they’ve done this and that, but what they’ve never done, apart from actually succeed, is examine the […]
USDCHF: Sees Price Hesitation With Caution Of Recovery .
USDCHF: The pair looks to hesitate further but correct higher in the new week. 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. On the upside, resistance resides at the 0.9700 level where a break […]
What’s Hurting Emerging Markets This Year?
(Video length 00:06:12) On the latest edition of Market Week in Review, Adam Goff, managing director, investment practice, and Sam Templeton, manager, […]
S&P 500 Snapshot: Four Consecutive Days Of Losses
The S&P 500 fell most of the week, ending with a weekly loss of 1.02% and a daily loss of 0.22%. Four of the last five days were losses with Monday barely a gain from last Friday. The index is up 6.52% YTD. The U.S. Treasury puts the closing yield on the 10-year note at […]
