Author Archive: Jeremy Parkinson
Trump, Tariffs, And Economic Honor: The Trade War As A Form Of Retributive Violence
President Trump’s trade war doesn’t seem to be going well. Corporations have already left the United States, and our agricultural sector is already beginning to feel economic strain. However, despite these and potentially more disastrous consequences, the president’s actions are still receiving widespread support, and the cry among his supporters remains “trust Trump!” A clue to the […]
U.S. Mint Silver Eagle Sales Jump In August On Lower Prices
Well, it looks as if a bit of life has come back into the silver market as U.S. Silver Eagle sales jumped in August due to lower prices. While Silver Eagle sales have fallen over the past few years, if we exclude typical high January demand, sales so far in August are the highest in […]
Tariff Threats Yet Still Record Highs
Tariff Threats – Again I’m amazed at how the market isn’t reacting to the tariff threats President Trump is making since he has already implemented some small ones. At a campaign rally in West Virginia, President Trump repeated his threats to tax European cars. He said, “We’re going to put a 25 percent tax on […]
US Economy Showing Deteriorating Signals
Since the S&P 500 earnings are growing 26.62% and the NFIB small business index is 0.1 away from its record high, you would think everything is perfect. That’s actually not true as we will get to later in this post. First let’s review the reason the S&P 500 is at its record high. As you […]
Does A Good Track Record Mean GSK’s 5% Yield Is Safe?
Drug giant GlaxoSmithKline (NYSE: GSK) seems like it has been in turnaround mode for several years. While shareholders are waiting for the company to find its footing, they’re enjoying a 5% yield. Can they bank on that 5% going forward? Free Cash Flow Needs to Improve In 2015, Glaxo’s free cash flow fell off a cliff, dropping […]
3 Reasons To Buy Tencent Stock Now
Tencent (OTCPK: TCEHY) stock is under heavy selling pressure, falling by more than 25% from its highs of the year due to macroeconomic uncertainty in China and lower than expected earnings from the company last quarter. However, recent weakness in financial performance is mostly temporary as opposed to permanent. The big picture in Tencent stock […]
Can The Market Live On Canned Rations?
Scientists who worked on atomic weapons in the 1940s prepared for the worst with survival rations. Cans of flour, biscuits, crackers, and water were stockpiled. Although not an ideal diet, bread and water will at least help one prevent starvation and dehydration. Yesterday, the market made new all-time highs. Like the creation of an atomic […]
Our $1000+ Tesla Target Was Way Too Low
We have a Tesla (Nasdaq: TSLA) 2019 stock price target of $1,343 so when we heard Ark Invest’s $4,000 target we thought we must be just way too low. Gross Margins Jumping If you backed into the numbers for Q2 you saw S&X gross margins jumped to 37% or so, up 1100 basis points from Q1. Bears […]
3 Best Defensive Stocks Right Now
Now is the time so start broadening out your portfolio into some more defensive stock picks. Indeed, a recent report by Bank of America shows that investors are already starting to take a potential downturn very seriously. The report notes that the top five performing sectors over the last three months have all been defensive […]
