Author Archive: Jeremy Parkinson
Recession: When You See It, It Will Be Too Late
“There are no signs of recession. Employment growth is strong. Jobless claims are low and the stock market is up.” This is heard almost daily from the media mainstream pablum. The problem with a majority of the “analysis” done today is that it is primarily short-sighted and lazy, produced more for driving views and selling advertising rather […]
E Firm Says Buy Fitbit Stock, Contradicting Other Analysts
Research firm Craig-Hallum today started coverage of Fitbit (FIT) with a Buy rating. The firm believes that “all pieces are in place for a successful change in strategy,” The Fly reported. Craig-Hallum initiated coverage of the shares with a $10 price target, nearly 90% above the stock’s current price. Craig-Hallum’s bullish take on Fitbit […]
Cronos Group Inc. Shares Pop In Premarket On MedMen Joint Venture
On Monday morning before the market opened, shares of Cronos Group (CRON) popped over 5% on news that they will be entering a cross-border joint venture with MedMen Enterprises. This will help MedMen gain access into the huge market across Canada which is expected to fully legalize marijuana in the coming months. CRON Technicals Looking […]
E Why Cyber Security Stocks Look Poised For Continued Growth In 2018
It was 2015 when IBM’s Chairman, President and CEO Ginni Rometty said, “Data is the phenomenon of our time. It is the world’s new natural resource. It is the new basis of competitive advantage, and it is transforming every profession and industry.” She couldn’t have been more right. The world continues its push to go […]
5 Great Stocks This Week – Monday, March 19
I evaluated a lot of different companies this week to determine whether they are suitable for Defensive Investors, those unwilling to do substantial research, or Enterprising Investors, those who are willing to do such research. I also put each company through the ModernGraham valuation model based on Benjamin Graham’s value investing formulas in order to determine […]
Nasdaq: Dems Da Breaks
Last week I offered up this gem to my twitter followers: We’ve got our break: Indeed, there’s red all over the place. Ostensibly, the reason for the NQ weakness is that Facebook is catching a lot of heat. I seriously puzzle over Facebook. Apparently everyone in the country is logged on to it constantly, but […]
What If Country Bonds Were Linked To GDP Growth?
What if countries could have some built-in flexibility in repaying their debts: specifically, what if the repayment of the debt was linked to whether the domestic economy was growing? Thus, the burden of debt payments would fall in a recession, which is when government sees tax revenues fall and social expenditures rise. Imagine, for example, […]
Stewart To Be Acquired By Fidelity National In Deal Valued At About $1.2B
Stewart Information Services Corporation (STC) announced that it has entered into a definitive agreement to be acquired by Fidelity National Financial (FNF). Under the terms of the agreement which has been unanimously approved by Stewart’s Board of Directors following a comprehensive review of strategic alternatives, Stewart shareholders will receive $25.00 in cash and 0.6425 common […]
Morning Call For Monday, March 19
Overnight Markets and News Jun E-mini S&Ps (ESM18 -0.61%) this morning are down -0.54% at a 1-week low and European stocks are down -0.71% as weakness in commodity prices leads mining stocks raw-material producers lower. Also, technology stocks are lower, led by suppliers to Apple, after people familiar with the situation said Apple is making […]
Stocks Set To Open Lower, Should You Buy?
The U.S. stock market indexes were mixed between 0.0% and +0.3% on Friday, extending their short-term consolidation, as investors were undecided after recent move down. The S&P 500 index gained 0.2% and it remained at the support level of previous Friday’s daily gap up. It currently trades 4.5% below January 26 record high of 2,872.87. […]
