Author Archive: Jeremy Parkinson
The Re-Electrification Of Energy And Copper’s Big Role In It
My latest guest is Gianni Kovacevic, Executive Chairman of CopperBank, a company that offer investors maximum optionality to future copper prices. He is the author of the book, “My Electrician Drives A Porsche?”. To promote the book in 2016, he embarked on a book tour driving a Tesla all-electric car from Toronto to Seattle. Gianni […]
A Gold Bottom But Will The U.S. Dollar Cooperate?
Gold, and by extension the SPDR Gold Shares (GLD), has had a rough year. However, based on a historic flip in speculative positioning in gold futures, a bottom is likely in for GLD. According to the tweet and chart below, the net speculative positioning in gold recently went net negative for the first time in […]
Home Depot Remains A Better Value Than Lowe’s
After Lowe’s (LOW) and Home Depot (HD) reported their Q1 results, there was no shortage of analysts who came out stating Lowe’s was a better value with more upside than Home Depot. They argued that the softness that the company experienced in Q1 was entirely weather-related, and Lowe’s has way more runway to capture market […]
Dollar Rebounds
After correcting lower since the middle of last week, and pushed faster if not further by President Trump’s comments, the US dollar is rebounding against most of the major and emerging market currencies today. After an initial wobble on the back of the FOMC minutes, the greenback’s recovery began in earnest. The minutes confirmed the […]
USDCAD Daily Analysis – Thursday, August 23
USDCAD’s downside movement from 1.3174 extended to as low as 1.2986. Further decline to test 1.2961 support is possible, a break below this level could trigger further downside movement to 1.2900 area. Near-term resistance is at 1.3057, only a break of this level could bring the price back to 1.3100 area.
E A Dividend Portfolio That Can Outperform The Market By A Big Margin
I was looking for a formula to create a large-cap dividend stocks portfolio that can outperform the market by a significant margin on the long run. After many trials, I have found out that a portfolio of twenty S&P 500 companies yielding more than 2% a year and having the highest Research and Development Expense […]
USD Strength Sends The EUR/USD Lower – Three Reasons
The EUR/USD is leaning lower as the US Dollar gains strength. Trump’s legal troubles fade away and the FOMC minutes take over ahead of the ECB minutes. The pair is not at overbought conditions anymore, but that does not imply an uptrend. The EUR/USD is trading in the mid 1.1500s, lower on the day. The US Dollar […]
Indian Indices Trade Marginally Higher; Healthcare Stocks Witness Buying
Share markets in India are presently trading marginally higher. Sectoral indices are trading on a positive note with stocks in the capital goods sector and the healthcare sector witnessing maximum buying interest. The BSE Sensex is trading up by 53 points (up 0.1%), while the NSE Nifty is trading up by 4 points (up 0.04%). The BSE Mid Cap index is trading up by 0.1%, while the BSE […]
Bitcoin ETFs Rejected By SEC
Bitcoin supporters were distressed on Wednesday when the Securities and Exchange Commission (SEC) declined approval for two bitcoin ETFs. The ETF proposals were filed by ProShares, a division of ProFunds Group that currently manages $29 billion of combined assets. As reported by Coindesk, the SEC also rejected bitcoin ETF proposals from Direxion and GraniteShares on […]
Loan Demand Suddenly Tumbles As Companies Revolt To Rising Rates
After a period of surprisingly strong growth following the near contraction in early 2017, commercial bank C&I lending tumbled during the period July 11th to August 8th by $15bn, or 0.68% – the biggest 4-week decline since March 2017 and before that the aftermath of the financial crisis. That period mostly follows the relevant time frame […]
