Author Archive: Jeremy Parkinson
Will Gold Breakout? 3 Things To Watch…
Gold has firmed above $1300 in recent days and is holding comfortably above $1300 for now. We think the market will break to the upside sometime this year. The question is when. Here are 3 things to watch that will tell us if Gold is on the cusp of that break-out soon or later. First, […]
Billion Dollar Unicorns: Will Medallia Help Consolidate?
According to a MarketsandMarkets report, the global customer experience management market is projected to grow from $5.98 billion in 2017 to $16.91 billion by 2022. That translates to an annualized growth rate of more than 23% over the five-year period. Palo Alto-based Medallia is a Billion Dollar Unicorn player in the space that many believe is ready to […]
5 Terrific Breakout Stocks For Marvelous Returns
Selecting breakout stocks is probably one of the most favored techniques among active investors. The idea behind this kind of stock selection is to determine which stocks are trading within a narrow channel. These stocks are to be bought as soon as they move above this band and are sold when they fall below. In […]
A Lot Of Thin Air Between USD/CAD And The Next Support Line — Confluence Detector
The Technical Confluences Indicator shows that the USD/CAD broke under a dense cluster of technical support levels around C$1.2915 on its way down. This level is the confluence of the SMA50-15m, the SMA-10-4h, the SMA5-1h, the SMA10-1h, the SMA200-15m, the Bolinger Band 1h Middle-Stdv, the SMA100-15m and more lines. This dense cluster now turns into strong resistance. The pair fell […]
Is There A Turnaround Play At Western Digital?
What’s the new investment theme that is beginning to permeate Silicon Valley? It’s not mainstream as of yet, but it’s bringing in great numbers and attracting attention. I call it the “Legacy Turnaround Play.” Find an ailing technology dinosaur from the Jurassic Period (i.e. the 1990s), infuse it with new management and technology, and the […]
New Home Sales Decline 0.6%, Near Expectations, Prices Jump
New home prices are up, sales are soft but slowly rising over time. Sales are only 0.5% higher than a year ago. The Census Bureau’s monthly New Residential Sales report shows sales declined 0.6 percent in February. New Home Sales: Sales of new single-family houses in February 2018 were at a seasonally adjusted annual rate of 618,000, according […]
5 Best Energy Mutual Funds To Buy As Oil Shines
On Mar 21, oil prices registered the best two-day increase since last November, following a surprise fall in domestic crude inventories and renewed geopolitical uncertainty. After weeks of rise, domestic crude inventories declined recently, which boosted oil prices. Additionally, Saudi Crown Prince Mohammed bin Salman’s meeting with President Trump during the Saudi prince’s two-week visit […]
Corporate Parasites
Here’s the performance of General Electric during a time period in which trillions of dollars were thrown into the equity markets to keep them artificially propped up. And yet even in this totally fake, everything-goes-higher environment, GE sucks whale: So how much were they paid for this? $0? Or were they beaten and tortured by shareholders? No, no, no. This is America! Saps. […]
Gold Bulls Hope This Ratio Provides Best Message In 7 Years
Most investors are familiar with the relationship between the U.S. Dollar and Gold. Gold bulls like a weaker U.S. Dollar as it provides a tailwind for precious metals. Here’s a prime example: Over the past 15 months, the US Dollar is down 14 percent. During that same time, Gold is up 17 percent. One way to illustrate […]
Fear In The Markets, Trade Wars, And Gold’s Reaction
Craig Hemke shares his thoughts on the new narrative of fear creeping into the markets. Now that the US markets are negative for the year, Q1 could be the first down quarter since 2016. This all ties into the ongoing chatter about trade wars with China. Gold is also discussed in terms of the metal […]
