Author Archive: Jeremy Parkinson
Sensex Finishes 150 Points Lower; Metal & Energy Stocks Fall
Indian share markets witnessed selling pressure in the afternoon session amid mixed Asian markets. At the closing bell, the BSE Sensex closed lower by 150 points and the NSE Nifty finished lower by 60 points. The S&P BSE Mid Cap finished up by 0.5% while S&P BSE Small Cap finished up by 0.8%. Losses were largely seen in FMCG stocks, oil & gas stocks and metal stocks. We […]
Manhattan Bridge Capital Aims For Improvements
The Financial Services sector includes twenty industries ranging from Asset Management to 8 kinds of Banks, Credit, Exchanges, 6 kinds of Insurances, Savings, and all such financial concerns. Today I’m reviewing a credit services company. It’s a small cap stock, Manhattan Bridge Capital Inc. It’s trading ticker symbol is LOAN. Manhattan Bridge Capital Inc originates, […]
Stocks To Trade: CLR, EA, WTW
Thursday’s stock picks Take a look at three trading ideas to prep you for the next trading session. Long Continental Resources (CLR) Long Electronic Arts (EA) Short Weight Watchers (WTW)
Amazon Japan Raided For Antitrust Violations, “Cooperation Payments”
There was a time when the phrase “cooperation payments” evoked images of burly, muscle-bound goons, walking around town, sometimes armed with a baseball bat but usually relying only on their reputation of being able to extract cold hard cash from local merchants in exchange for “protection”. This morning in Japan, it appears nothing has changed. […]
What Event Will Sink The Stock Market? Yields? Tariffs? Trump?
The answer is not yields, tariffs, war, famine, or Trump; although any of those could contribute to the selloff. Here is a Tweet discussion leading up to the correct answer which will likely surprise many. Goldilocks vs the Bears @LizAnnSonders @hussmanjp @biancoresearch @TheBubbleBubble @JeffSnider_AIP @Hedgeye Is Goldilocks in the room or out of the room? […]
Will Higher Mortgage Rates Kill The Housing Market?
U.S. Mortgage Rates have risen for 9 consecutive weeks, hitting their highest levels since January 2014. Source Data: Freddie Mac That certainly seems like a sharp increase, but is 4.46% high? Only when compared to recent history, which includes the all-time low in yields from November 2012 (3.31%). In a historical context, mortgage rates today […]
E Defying Economic Rationale, The U.S. Dollar Continues To Slide
Given all the pro-growth policy developments over the past year, the US dollar’s steady tumble sticks out like a sore thumb. Over the past 12 months, the dollar has lost about 8% against a basket of currencies represented by its major trading partners. This should not be the case, according to conventional economic thinking. Figure […]
Beware The Ides Of March
Traditional Markets The White House has named a replacement for its top economic advisor Gary Cohn who quit abruptly last week. Larry Kudlow is the former Chief Economist of the famous Bear Stearns, whose demise a decade ago set off the financial crisis of 2008. Kudlow, of course, got out many years before that and has spent much […]
Forget The Trade War, Here’s The War That Really Counts For Boeing
There’s an old business maxim that tells us “All business is war.” And the one company, more than any other, that’s currently bringing that maxim to life is The Boeing Co. (NYSE: BA). Indeed, to hear the experts tell it, Boeing is right now fighting two “wars.” There’s the so-called “order war” – the year-in, year-out skirmish Boeing […]
Markets Remain Mixed On Trade Worries
Asian shares struggled to find direction on Thursday afternoon as traders tried to make sense of the trade negotiations and the proposed U.S. tariffs that are concerning global leaders, business owners and investors. Japan’s Nikkei 225 was up 0.10 percent as of 2:16 p.m. HK/SIN after recovering from losses earlier in the session, and South Korea’s […]
