Author Archive: Jeremy Parkinson
Global Carbon ETN – Chart Of The Day
Today’s Chart of the Day belongs to the Global Carbon ETN (GRN) offered by Barclay’s. I found this ETN by using Barchart to sort Top 100 ETFs and ETNs first for the highest Weighted Alpha then I used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy in 12/22 the ETN […]
“Trade War”
It has in the past been “the financial crisis”, “the Euro crisis”, “Greek debt”, “Italian banks”, “the fiscal cliff”, “Brexit” and so on. Every one of those events an extension of Keynesianism and its debt-leveraged monetary magic tricks. But now the buzz phrase is “trade war”, a different kind of animal. The brewing trade war with China is different. With every damn one […]
3 Strong Oil Picks For A Volatile Stock Market
Stocks battled to stay in the green during Friday morning trading, with major indexes like the S&P 500 hoping to rebound after surrendering their year-to-date gains over the course of this brutal trading week. But a strong bump in oil prices helped the energy sector generate momentum on Friday morning, and if energy stocks continue […]
J/V Keeps On Falling
The steady grind lower in natural gas prices continued today, with the April natural gas contract settling down a percent on the day. As has been the recent trend, the April contract logged the largest loss along the front of the strip. The result is a rather impressive decline in the J/V spread. After stabilizing […]
Trump Says Federal Suits Coming Against Opioid Manufacturers
In a press conference detailing the $1.3 trillion omnibus government funding bill President Trump announced he would sign, the president mentioned in passing that “we’ll be suing” certain drug companies related to the opioid crisis. Opioid manufacturers include privately held Purdue Pharma, which makes OxyContin, and Johnson & Johnson (JNJ) unit Janssen Pharmaceuticals, which makes […]
Analysts Say These 5 Cannabis Stocks Could More Than Double In Value
Written by Sean Mason of SmallCapPower.com …To take advantage…[of] another potential upswing in the market, we have selected five cannabis companies, which analysts believe are undervalued. The Canadian marijuana stocks on our list today currently have 100% upside on average according to analysts, indicating that these stocks could post strong returns in the near-term. 1. […]
GBP: Foundations In Place For Further Sterling Gains
Talking Points: UK inflation-wages gap narrows further, set to turn positive. Two MPC members voted for an immediate 0.25% rate hike on Thursday. EU/UK agree Brexit implementation period. Fundamental Forecast for GBP: Bullish We have changed our outlook for GBP to bullish from neutral after a positive week of news for the British Pound. We would however warn against […]
Trade Swords Sharpened, Belly Flop Reporting: Worst Response
China has threatened to retaliate on US tariffs. For now, Trump will hold off on the EU, but only if the EU cooperates. The US, EU, and China are all sharpening trade swords. China’s Retaliation List Includes Boeing and Soybeans. For now, Trump has backing off on the EU. The EU gets a temporary reprieve on […]
