Author Archive: Jeremy Parkinson
Take The Trading Day Off
In early February we published a report for our research subscribers showing that more than 100% of SPY’s price change since 1993 (when it began trading) can be attributed to after-hours trading.If you bought SPY at the close on every trading day since 1993 and sold it at the next trading day’s open, you’d have a gain […]
5 Bank Stocks To Buy If The Fed Signals More Rate Hikes
Chairman Jerome Powell’s debut Fed meeting starts today and all eyes are on him. At the end of the two-day FOMC meeting tomorrow, another rate hike is anticipated. Per the CME Group FedWatch tool, the odds of a hike this time are as high as 93%. While the market is almost certain of a rise […]
The Rise Of Technology Markets Since The Housing Crisis
from CoreLogic Over the past 12 years, the housing market has experienced a significant swing from peak to trough and back again. According to the latest Special Report from CoreLogic, while some metros across the country are continuing to recover, others have grown impressively. Particularly, many metro areas with a strong technology industry have enjoyed […]
E Duluth Trading: Why We Added It To Our Bad Beat Investing Portfolio
Duluth Holding (DLTH) is a company that may be best known for its “No Bull Guarantee” and its unique and humorous advertising. As for its products, the company offers solution-based casual wear that is rather high quality (and hence pricey) as well as various lines of workwear and accessories. While the company’s primary niche has […]
Arena Pharmaceuticals Jumps After Ulcerative Colitis Trial Hits Targets
Shares of Arena Pharmaceuticals (ARNA) are on the rise after the company said its ulcerative colitis drug met its primary, secondary, and clinical remission endpoints in a Phase 2 trial. Citing “impressive” trial results, Needham analyst Alan Carr upgraded the stock to Buy. ULCERATIVE COLITIS DRUG MEETS ENDOPOINTS: Arena announced last night topline Phase 2 […]
Fed Day: Mr. Market Meets Mr. Hyde
It’s very important for gold, bond, and stock market investors to stay focused on the main fundamental price drivers and ignore what may feel exciting but is largely irrelevant to price discovery. Citizen demand from China/India and US central bank policy are the main price drivers for gold. From 1960 to 1980, US recessions were generally […]
USD/JPY Snaps Bearish Series – Outlook Hinges On Updated Fed Forecasts
BRITISH POUND STRUGGLES AS U.K. CONSUMER PRICE INDEX (CPI) DISAPPOINTS. AVERAGE HOURLY EARNINGS IN FOCUS AHEAD OF BANK OF ENGLAND (BOE) MEETING GBP/USD pares the advance from earlier this week as the U.K. Consumer Price Index (CPI) slows more-than-expected in February, and the pound-dollar exchange rate may continue to consolidate ahead of the Bank of England (BoE) meeting on […]
Bitcoin Price Weakness Is Like Popping Of 2000 Tech Bubble, Only Far Worse
The bitcoin price has certainly had its ups and downs, and multiple analysts have compared its skyrocketing value to the tech bubble that popped in the early 2000s. Now there’s an interesting twist on this same perspective as one firm compares the recent bitcoin price weakness to the popping of that tech bubble. In fact, one of the firm’s […]
Bear Of The Day: B&G Foods (BGS)
Based in Parsippany, NJ, B&G Foods Inc. (BGS – Free Report) is a small, but widely-followed food company that manufactures, sells, and distributes high-quality branded shelf-stable and frozen foods across the U.S., Canada, and Puerto Rico. Its diverse portfolio includes brands like B&G, B&M, Cream of Wheat, Green Giant, Las Palmas, Mrs. Dash, Pirate’s Booty, Spice Islands, Back […]
Please Introduce Yourself, Mr. Powell. Gold Awaits You
The FOMC members will gather today for a two-day meeting. It will be the most important event this week, since Powell will chair the meeting for the first time. Gold investors want to get to know him better as the uncertainty makes them a bit nervous. What should we expect from the new Fed Chair? First FOMC […]
