Author Archive: Jeremy Parkinson
Wall Street Stands To Lose Billions As Trump Hangs A “Not-For-Sale Sign” On US Tech
Broadcom executives should’ve seen this coming. For months now, Singapore-based Broadcom has pursued a merger with US-based Qualcomm, raising its bid for the largest US-based technology firm to $117 billion, which is developing chips that are expected to be integral to 5G network technology in the US. Then, national security issues reared their head. Earlier this month, the Committee […]
E Keep EUR/USD And GBP/USD Long
The USD fell against most major currencies on Tuesday after U.S. inflation data for February came in line with expectations, suggesting the Federal Reserve remained on track to raise interest rates at a gradual pace. The dollar also lost traction after U.S. President Donald Trump fired Secretary of State Rex Tillerson and replaced him with […]
Weekly Gasoline Price Update: Regular And Premium Mostly Unchanged
It’s time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium were unchanged and down one penny, respectively, from last week. According to GasBuddy.com, Hawaii has the highest average price for Regular at $3.43 and San Francisco, CA is the most expensive city, averaging […]
Under Armour Drops As Dick’s Says ‘Significant Weakness’ Hurt Q4 Apparel Sales
Shares of Under Armour (UA, UAA) dropped in morning trading following comments made by retailer Dick’s Sporting Goods (DKS) on its quarterly earnings conference call. SIGNIFICANT WEAKNESS IN UNDER ARMOUR BRAND: On its Q4 earnings conference call, Dick’s Sporting Goods Chief Executive Officer Edward Stack commented that strong apparel sales growth in Q4 came from […]
GDX Ready To Break And Stocks That Are Bifurcating From The Market
David Erfle, Editor of The Junior Miner Junky joins me to share some initial comments on the GDX. With GDX again bouncing from the bottom of its range and volume remaining low we are all wondering which direction a break will go. We also look into some other aspects for metals stocks that we think […]
The Business Cycle & Fiscal Policy Timing
In this article, we’ll discuss the unusual timing of the fiscal stimulus and how it could affect markets. Keep in mind, this isn’t a partisan article. Our purpose is to review objectively both the good and the bad. Most administrations want to cut taxes and increase spending to boost the economy. Usually the election cycles […]
6 Solid Reasons Why You Should Buy Semiconductor ETFs
The semiconductor space remained largely unaffected by the broad market sell-off seen in early February. This is because the semiconductor industry is clearly leading the broad technology space this year on encouraging fundamentals, solid corporate earnings, strong outlook and investors’ continued appreciation of value-centric traditional stocks. The rally has strengthened courtesy of a series of […]
USD/CAD: To Struggle Back Above 1.30; 1.32 Break ‘Serious’ Challenge
USD/CAD shot higher on the dovish words of BOC Governor Stephen Poloz. But can it go even higher? Here is the view from BTMU: Here is their view, courtesy of eFXnews: BTMU Research discusses USD/CAD outlook, and notes that that its valuation model based on the higher price of oil alone suggests that USD/CAD should currently be […]
The Next Financial Collapse Will Be Unlike Anything In 50 Years
An update on markets. Video Length: 00:11:08 Here are the articles used in today’s video: Tame Inflation, White House Drama Support Gold Prices Expert Says: “Look who’s going bankrupt next in America” This political event will be unlike anything we’ve seen in our country in nearly 50 years.
E Clever Fed Plan May Destroy Demand
The Federal Reserve Bank, the bank that is supposed to be watching out for the United States but that really only wants to watch out for big finance has created a clever plan. The simplicity of the plan is genius. But the plan guarantees the new normal and only has one major weakness. That weakness […]
