Author Archive: Jeremy Parkinson
Facebook Selloff On Data Concerns Brings Buying Opportunity, Says Oppenheimer
Oppenheimer analyst Jason Helfstein recommends using the selloff today in shares of Facebook (FB) as a buying opportunity. The stock in afternoon trading is down 7% to $171.61. The analyst believes a third party created an app leveraging Facebook’s universal login software tool, giving it access to user information and information on their connections. The […]
BeiGene – Chart Of The Day
The Chart of the Day belongs to BeiGene (BGNE). I found the biomedical stock by using Barchart to sort today’s New 52 Week High list first for the highest Weighted Alpha, then I used the Flipchart feature to review the charts of consistent price appreciation. Since the Trend Spotter signaled a buy in 12/5 the stock gained 65.61%. BeiGene, Ltd. is […]
Dow Internals
Today’s 400+ point decline for the Dow (as of 3:20 PM) has put the index back into the red for the year. The Dow is also down more than 2.5% over the last 5 trading days, and it’s more than 3% below its 50-day moving average. The thirty Dow stocks are sorted by distance from […]
Market Volatility ETF Portfolios 1Q 2018 Review: Equity Premium
The US stock market had a long overdue correction in the first quarter, a response to the concern that the market had become overvalued in the raging post-election bull market. Many sophisticated investors would probably agree that a healthy pullback can propel the market forward in the long run. One of the arguments for that […]
Parker-Hannifin: A Dividend King With A Bright Future
Parker-Hannifin (PH) is very exclusive company when it comes to its dividend track record. PH has paid quarterly dividends to shareholders for the past 68 years consecutively, and it has raised its dividend for 61 years running. This amazing accomplishment puts it in the elite Dividend Kings, a group of stocks that have increased their […]
Weekly Technical Perspective On DXY, GBP/USD And NZD/USD
DXY WEEKLY PRICE CHART Notes: We’ve been tracking this price analog in the U.S. Dollar Index since last year and heading into the Federal Reserve interest rate decision on Wednesday, the risk remains lower while below the 2017 low-week close at 91.33 (bearish invalidation). Interim support rests with the 2010 high at 88.71 backed closely by confluence support at 88.18 where the 50% […]
Scale Is Always Important!
Today’s post will be short and sweet. Over the weekend I stumbled upon a chart that plotted the total amount of debt in the United States. It was a scary looking chart and the post’s author used it to justify all sorts of apocalyptic projections. But wait, is this as bad as it seems […]
Small Businesses The Most Optimistic Since 1983
Small Businesses Optimistic Even though it seems impossible, the small business optimism increased even more in the most recent report. As you can see from the chart below, the index was up 0.7 points to 107.6. The improvements came because of the tax cuts and the improvement to the regulatory situation. We often hear about […]
4 Stocks With Low Price-To-Cash Flow Ratio For Safe Bets
Value style is considered one of the best practices when it comes to picking stocks. There are different valuation metrics to determine a stock’s inherent strength but a random selection of a ratio cannot serve your purpose if you want a realistic assessment of a company’s financial position. For this, we would suggest Price to Cash […]
Michelin Intends To Acquire Fenner For 610p Per Share
Michelin (MGDDY) announced that it intends to acquire Fenner (FNERF). Fenner provides conveyor belt solutions and reinforced polymer products for the mining and general industrial markets. It had 2017 annual revenues of GBP 655M. The boards of both companies have reached an agreement on the terms of a recommended cash acquisition by Michelin. Each shareholder […]
