Author Archive: Jeremy Parkinson
E Is Canadian Household Debt Really At Risk?
Canada seems to be the favorite poster child for international financial agencies, as yet another report identifies Canada, along with China (and its sister territory, Hong Kong) as the “economies most at risk of a banking crisis”, according to the Bank of International Settlements (BIS).[1] The BIS says risks are growing in Canada because households […]
Mirati Therapeutics – Chart Of The Day
The Chart of the Day belongs to Mirati Therapeutics (MRTX). I found the biomedical stock by using Barchart to sort today’s New 52 Week High list first for the highest Weighted Alpha, then I used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 1/10 the stock gained 60.69%. Mirati Therapeutics, […]
Dow Struggles Continue As Tech Breakouts Hold
There wasn’t a whole lot going on today which was different to Friday. Breakouts in the Nasdaq, Nasdaq 100 and Semiconductor Index remain in effect while the Dow Jones Industrial average took an early hit in profit taking but on lighter volume. Relative performance remains particularly ugly. The Semiconductor Index, Nasdaq and Nasdaq 100 […]
Consider Equity REITs For Your Next Investment: Realty Income, Inc.
I recently wrote an article for Sure Dividend entitled “Consider Equity REITs for Your Next Investment“.In that article, I listed nine equity REITs for dividend investors to consider in light of the drubbing that REIT valuations have recently taken due to fear of rising interest rates and to capitalize on the pass-through provision for REIT […]
E Corn Prices Remain Bullish
Corn futures in the May contract are unchanged this Monday afternoon in Chicago currently trading at 3.90, a bushel rallying off session lows as the market is now looking for some fresh fundamental news to dictate short-term price action as corn reacted bullishly off of the USDA crop report released last Thursday sending prices to […]
AUD/USD – More Gains Ahead?
AUD/USD traded higher today, extending its gains on the back of U.S. dollar weakness. While there were no Australian economic reports released overnight, AUD/USD traders were relieved that Australia has also been granted an exemption from Trump’s trade tariffs. Although Australia’s steel and aluminum exports are nominal (only about US$213 million each), psychologically this decision […]
Bond Retreat
Ten years ago today, one of Carlyle Group’s mortgage funds, Carlyle Capital Corp (CCC), was seized by creditors. Precipitated by dwindling liquidity, the fund’s effective insolvency would amplify those global “dollar” pressures and lead to Bear Stearns’ untimely demise mere days later. The fund’s corporate parent issued a statement on March 6, 2008, that read: […]
EC Winners And Losers In A Trade War
The prospects of a trade war have increased. The second year of the Trump Administration has begun with a serious provocation. Duties and quotas on washing machines and solar panels were consistent with the defenses against dumping and unfair subsidies of previous administrations. However, the tariffs slapped on aluminum and steel were exceptional. The justification […]
9-Year Bull To Roar High: Bet On The Best Leveraged ETFs
As the U.S. bull market turned nine on Mar 9, major bourses saw tremendous upside suggesting that the market still has legs. The S&P 500 index has quadrupled from the bear-market bottom of 676.53 hit on Mar 9, 2009 — representing the second-longest and second-strongest bull market in history. The trend is likely to continue […]
XPO Logistics Inc. (XPO): Here’s Why Mar Vista Investment Partners Likes It
Mar Vista Investment Partners, a California-based minority-owned investment management firm, is bullish on XPO Logistics Inc. (NYSE:XPO). In its Q4 investor letter – you can download a copy below– the firm discussed its investment thesis on XPO, noting that the market undervalues CEO Bradley Jacobs’ strategy and the company’s “unique collection of technology, software and data.” In this […]
