Author Archive: Jeremy Parkinson
Wash Sale Rules
If you’ve been investing for any period of time, you may have run across the term Wash Sale – do you know what it means? And what are the IRS rules regarding Wash Sales? Photo by ooOJasonOoo In a nutshell, a wash sale occurs when you sell a security (stock, bond, or mutual fund, for example) […]
Facebook Slides On Cambridge Analytica Fallout
Shares of Facebook (FB) are slipping following media reports saying that Cambridge Analytica harvested private information from more than 50M users in developing techniques to support President Donald Trump’s 2016 election campaign. The data analytics company has since been suspended by the social media platform. Commenting on the news, Pivotal Research analyst Brian Wieser told […]
Forex Ideas
Below are some interesting Forex ideas I’ve been tracking. GBP/AUD — the advance on Friday completed a 14-week Cup and Handle buy signal in this forex cross. I am interested in buying a slight retest of this pattern if given the opportunity, but I will not chase the advance. I would limit my risk on this […]
4 Stocks To Serve Better Returns Amid Restaurant Recovery
After surviving the seven-quarter long tragedy of declining comps, the U.S. restaurant industry received a pleasant surprise in the fourth quarter of 2017. According to TDn2K’s The Restaurant Industry Snapshot, comps for the fourth quarter were up 0.4%, comparing favorably with the third quarter’s comps decline of 1%. Should We Be Optimistic of Growth? The […]
E GBP/USD Update – Monday, March 19
On the GBP/USD, we are only observing a three-wave recovery in the making from March 8 lows. That said, particularly we see price unfolding a five-wave move within wave 3) or C), which can extend its gains towards the 1.415-1.4180 region, before a temporary pause comes into play. All being said, a significant breach above […]
33 Firms Going Ex-Dividend Next Week, Including Philip Morris, Best Buy And Medtronic
There are several well known large cap stocks going ex-dividend next week including the following five: Dr. Pepper Snapple Group, Seagate Technologies, Philip Morris, Medtronic and Novo Nordisk. Ex-dividend dates are important to dividend investors because one must own a stock on its ex-dividend date in order to be eligible to receive its next dividend. Any stock ranked by […]
2018 Reversal Dates For Gold, Silver And Gold Stocks
Friday’s session in the precious metals sector was very exciting, but quite a few investors will want to agree to that, because the volatility wasn’t really big. But the dam is broken, and we saw several new cracks pointing to an incoming breakdown. It’s not the time to look away from all the signs – […]
Facebook Data Breach Plunges Tech Stocks
Once again, both the U.S. and the European lawmakers come hard on Facebook following the report that Cambridge Analytica, a data-driven advertising firm that helped Donald Trump win the U.S. presidency, retained millions of Facebook users information without Facebook consent. The lawmakers are demanding a response from the company regarding the report, citing security issues […]
The Wealth Machine That Rising Interest Rates Create & The Conflict With The National Debt
“Compound interest is the eighth wonder of the world.” – Albert Einstein “My wealth has come from a combination of living in America, some lucky genes, and compound interest.” – Warren Buffett Compound interest is an extraordinarily powerful financial tool, and reinvesting the cash flows received from investments has historically been the single most reliable […]
Fed Rate Hike, Inflation And More: What To Expect This Week
The Fed’s Open Market Committee (FOMC) will meet for two days this week before they hold a press conference. This will be the first press conference led by new Fed Chair Jay Powell, who kicked off his term by testifying before Congress last month about Fed policy and other topics. On the agenda: a Fed […]
