Author Archive: Jeremy Parkinson
Petroleum Springs Ahead
Springtime seasonal in oil is being fed by a multitude of factors. Record gasoline demand, falling Venezuelan production, rising tensions between Iran, Saudi Arabia and the rest of the world is underpinning oil and oil product prices today. President Trump is meeting with Saudi Crown Prince Mohammed Bin Salman and the market is assuming that […]
How To Pick Stocks For Profit
Many investors seek out information on how to trade and invest in the stock markets. Something that may be just as important as how to trade, is what to trade. In speaking to many investors and traders over the years, I have seen people either lose money quickly or , because they didn’t know how […]
FTC Probing Facebook, Shares Dive
Oh, boy. Here’s what David Vladeck, former director of the FTC’s Bureau of Consumer Protection who now teaches at Georgetown Law, told the Washington Post for a piece out Sunday: I would not be surprised if at some point the FTC looks at this. I would expect them to. That of course refers to the Facebook/ Cambridge Analytica debacle and […]
Trading Ideas – USD Regains Strength Ahead Of Fed Decision
The EUR/USD jumped on Monday after media reports that European Central Bank officials were shifting their debate from bond purchases to the expected path of interest rates, reviving bets that the ECB may raise rates sooner than previously thought. The dollar reversed some of its losses today as investors positioned themselves ahead of Wednesday’s policy […]
“Where’s Mark?” CEO’s Silence On Cambridge Analytica Is Making Facebook Employees Uneasy
Following reports last night that Facebook’s Chief Security Officer Alex Stamos would be leaving the company after purportedly refusing to buckle to pressure to prioritize corporate profits over protecting users, Facebook said Tuesday that it would be hosting an “emergency town hall meeting” to allow employees to ask questions about the company’s relationship with Cambridge Analytica. […]
Hormel Foods: 52 Years Of Dividend Growth And Counting For This Dividend King
Hormel Foods (HRL) has a 52-year history of consecutive annual dividend raises, putting it in a group of select companies that can make such a claim. This track record allows Hormel to count itself among the elite Dividend Kings, a small group of stocks that have increased their payouts for at least 50 straight years. […]
Technically Speaking: The “Walking Dead” Market – 3000 Or 1500?
In May of last year, I wrote a blog post debating the likely path of the market through 2019. To wit: “The chart below is a Fibonacci retracement/extension chart of the S&P 500. I have projected both a 123.6% advance from the 2009 lows as well as a standard 50% retracement using historical weekly price […]
Should Nordstrom Acquire Stitch Fix?
Billion Dollar Unicorn club member Stitch Fix (Nasdaq: SFIX) went public in November last year. It had a choppy start to the listing as its unique business model puzzled the analysts. Stitch Fix operates a hybrid model of subscription and transaction revenue services. Customers subscribe to receive a supply of apparel that Stitch Fix’s stylists and algorithms […]
Bonds: Repulsive
The big Fed announcement/press conference/dot plot update isn’t until tomorrow, but let’s take a quick look at how bonds are doing in advance of the big day. I confess I was getting jumpy about the strength bonds had been showing, including a pretty decent-looking basing pattern. Mercifully, a long-term trendline saved the day. Look how […]
The Big Four Economic Indicators: February Real Retail Sales
Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This committee statement is about as close as they get to identifying their method. There is, however, a general belief that there are four big indicators that the committee weighs […]
