A Defensive Stand Heading Into Month End
Mar 20, 2018
Jeremy Parkinson
Finance
With just eleven days left in the first quarter, it certainly isn’t looking like it’s going to go out the way it came in. While the year started with equity markets ripping higher, led by FANG, equities can’t seem to catch a break lately as any gains seem to be met with selling. Looking out over […]
Bull Of The Day: MCBC Holdings (MCFT)
Mar 20, 2018
Jeremy Parkinson
Finance
MCBC Holdings Inc. (MCFT – Free Report) is a company that designs, manufactures, and markets the MasterCraft brand of premium performance sport boats; it also owns boat company Nautic Star. Headquartered in Vonore, TN, it also offers skiing, wakeboarding, and luxury performance powerboats. MCBC has been making since 1968, and sells its products in over 30 countries, […]
USDCAD At Major Inflection Point
Mar 20, 2018
Jeremy Parkinson
Finance
Last time we talked about USDCAD was at 1.2850 calling for a move towards 1.31-1.32 and the upside had lots of room to run. So we nailed that move. The big question now is if we have seen a top or THE top in USDCAD? Price remains inside the medium-term upward sloping channel. Support is at 1.2930 […]
Market Predictions For This Week – Tuesday, March 20
Mar 20, 2018
Jeremy Parkinson
Finance
Market predictions and review for March 20 – March 27. Video Length: 00:10:55
Dropbox: Don’t Buy What “Smart Money” Sells
Mar 20, 2018
Jeremy Parkinson
Finance
Dropbox is set to be the biggest tech IPO since Snap (SNAP). Is the market hungry enough to justify the expected $7 billion valuation? Or, is this IPO how insiders sell stock and raise capital after the “smart money” (i.e. private equity, hedge funds, etc.) has dried up? Given Dropbox’s losses, fierce incumbent competition, and […]
Petroleum Springs Ahead
Mar 20, 2018
Jeremy Parkinson
Finance
Springtime seasonal in oil is being fed by a multitude of factors. Record gasoline demand, falling Venezuelan production, rising tensions between Iran, Saudi Arabia and the rest of the world is underpinning oil and oil product prices today. President Trump is meeting with Saudi Crown Prince Mohammed Bin Salman and the market is assuming that […]
How To Pick Stocks For Profit
Mar 20, 2018
Jeremy Parkinson
Finance
Many investors seek out information on how to trade and invest in the stock markets. Something that may be just as important as how to trade, is what to trade. In speaking to many investors and traders over the years, I have seen people either lose money quickly or , because they didn’t know how […]
FTC Probing Facebook, Shares Dive
Mar 20, 2018
Jeremy Parkinson
Finance
Oh, boy. Here’s what David Vladeck, former director of the FTC’s Bureau of Consumer Protection who now teaches at Georgetown Law, told the Washington Post for a piece out Sunday: I would not be surprised if at some point the FTC looks at this. I would expect them to. That of course refers to the Facebook/ Cambridge Analytica debacle and […]
Trading Ideas – USD Regains Strength Ahead Of Fed Decision
Mar 20, 2018
Jeremy Parkinson
Finance
The EUR/USD jumped on Monday after media reports that European Central Bank officials were shifting their debate from bond purchases to the expected path of interest rates, reviving bets that the ECB may raise rates sooner than previously thought. The dollar reversed some of its losses today as investors positioned themselves ahead of Wednesday’s policy […]
“Where’s Mark?” CEO’s Silence On Cambridge Analytica Is Making Facebook Employees Uneasy
Mar 20, 2018
Jeremy Parkinson
Finance
Following reports last night that Facebook’s Chief Security Officer Alex Stamos would be leaving the company after purportedly refusing to buckle to pressure to prioritize corporate profits over protecting users, Facebook said Tuesday that it would be hosting an “emergency town hall meeting” to allow employees to ask questions about the company’s relationship with Cambridge Analytica. […]