Author Archive: Jeremy Parkinson
A Glimpse Of Precious Metal Mining’s Future: Hecla Buys Klondex For 59% Premium
Big gold and silver miners have a problem: They’re evaporating. Each year they take more metal out of the ground than they discover, which brings them ever-closer to the end of the road. They know it and their shareholders know it, which means their stock prices tend to languish in the shadow of falling production […]
These S&P 500 Stocks Gained Despite The Index’s Sharp Losses Today
The S&P 500 index was down more than 1.5% in early afternoon trading Monday as Facebook’s (FB – Free Report) steep declines dragged tech stocks lower, triggering sell alerts and causing volatility to prevail as the trading week kicked off. Facebook’s slump is attributable to reports that emerged during the weekend linking the social media behemoth to […]
Oracle Posts Better Than Expected Earnings
CNBC’s Josh Lipton reports on Oracle’s quarterly earnings report.
Market Talk – Monday, March 19
At the start of what is expected to be a busy week, Asian markets closed mixed but with concerns over the weekends that President Trump had decided to remove the national security advisor expected to wobble markets. Consequently, the Nikkei took much of the brunt of the action after the Yen saw a fresh flight […]
Should I Be Concerned About A Crash In The Global Economy?
Is the global economy on the verge of another collapse? Thirty years ago, if you were a stock market investor in the United States, your main concern would probably have been the overall health of the U.S. economy. There was simply no reason for most investors to pay attention to the economic well-being of other […]
Stocks And Precious Metals Charts – Hey Mister Tangerine Man
Hey Mister Tambourine Man, play a song for me In the jingle jangle morning, I’ll come followin’ you Take me for a trip upon your magic swirlin’ ship All my senses have been stripped And my hands can’t feel to grip And my toes too numb to step Wait only for my boot heels to […]
Aramco Kills Massive Offshore IPO, Will Only Offer Shares Domestically
The question that many oil traders were asking for the past two years – and certainly all of Wall Street’s investment banks – was answered moments ago when the WSJ reported that as some had predicted, Saudi Arabia has decided to scale back its ambitions for a public offering for oil giant Aramco, either on the NYSE […]
AUD/CAD – Headed For 1.0000?
AUD/CAD – Headed for 1.0000? After selling off aggressively on Friday, AUD/CAD extended its losses for the third consecutive trading day. There was no data out of Australia but AUD lagged behind as investors expect continued caution in this week’s RBA minutes. The Canadian dollar on the other hand benefitted from Prime Minster Trudeau’s comment […]
Train Wreck
Monday was a train wreck from start to finish and that is all kinds of hilarious because it was just last week when folks were pouring money into U.S. stocks even as “the Trump train” continued to careen off the tracks and even as markets were palpably nervous about renewed flattening in the curve ahead […]
It’s (Still) Ok To Be Optimistic
In April 2016, an American politician addressed a European audience with what to some must have been shocking news. “We are fortunate to be living in the most peaceful, most prosperous, most progressive era in human history. We are wealthier, healthier, and better educated in a global economy that has lifted up more than one […]
