Author Archive: Jeremy Parkinson
Shandong Weigao Group Makes Medical Devices
Every New York stock exchange trading day I’m posting a daily dividend stock or fund review. I’ll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I’ve named the Safari to Sweet Success. This week my Safari portfolio is looking to add a company […]
The United States Has Not Been Pushing For Open Markets
It is striking how the media universally accept the idea that patent and copyright monopolies are somehow free trade. We get that the people who own and control major news outlets like these forms of protection, but it is incredibly dishonest to claim that they are somehow free trade. We get this story yet again […]
Fed Action Casts Shadow On Bullish Case For Stocks
The main U.S. stock market indexes lost 0.2-0.3% on Wednesday’s following relatively brief rally after the FOMC’s Rate Decision release. The S&P 500 index continued to fluctuate within its short-term consolidation. It is currently around 5.2% below January 26 record high of 2,872.87. The Dow Jones Industrial Average lost 0.2%, and the technology Nasdaq Composite lost […]
S&P 500: Ho Lee Cao
Nestled, as you are, comfortably and relatively anonymously behind your keyboard, it’s difficult to grasp The Risk Of Weinerdom that I have to embrace every single day by making public pronouncements about the market. And yet this is my chosen profession. Yesterday, when the market exploded higher across the board (see arrow), I briefly felt like an […]
Stock Charts Today – Thursday, March 22
A review of today’s stocks, ETFs, stock market indexes and cryptocurrencies. Video Length: 00:33:43
Indian Indices End Marginally Lower; Realty Stocks Witness Losses
After opening their day on a positive note, Indian share markets gave up their earlier gains and ended their session marginally lower. Losses were largely seen in the realty sector and telecom sector, while consumer durables stocks ended the day higher. At the closing bell, the BSE Sensex stood lower by 130 points (up 0.4%) and the NSE Nifty closed lower by 41 points (up […]
Morning Call For Thursday, March 22
Overnight Markets and News Jun E-mini S&Ps (ESM18 -0.74%) this morning are down -0.70% and European stocks are down -1.25%, both at 2-week lows, on global trade concerns as a person familiar with the matter said President Trump is set to announce today about $50 billion of tariffs against China over intellectual-property violations. European stocks […]
Carnival (CCL) Beats On Q1 Earnings, Raises FY18 Guidance
Carnival Corporation and plc CCL reported better-than-expected fiscal first-quarter 2018 results. Earnings of 52 cents per share surpassed the Zacks Consensus Estimate by 9 cents and improved 36.8% year over year. Revenues of $4.2 billion outpaced the consensus mark by $120.9 million and increased 11.6% year over year. This top-line growth year over year was driven by […]
Weekly Unemployment Claims: Up 3K, Worse Than Forecast
Here is the opening statement from the Department of Labor: In the week ending March 17, the advance figure for seasonally adjusted initial claims was 229,000, an increase of 3,000 from the previous week’s unrevised level of 226,000. The 4-week moving average was 223,750, an increase of 2,250 from the previous week’s unrevised average of […]
E Tech Reversal
While the focus of world attention is on the collapse of the most crowded trade on global stock markets, tech, other businesses continue with news, deals, financings, and matters to report. Bank of America-Merrill Lynch on Tuesday, reported that at the close of March 15, fund managers it surveyed were 38% overweight in tech stocks, notably […]
