Metals Under Pressure, Will The Fed React?
Aug 14, 2018
Jeremy Parkinson
Finance, No picture
Chris Temple joins me this morning to recap the market moves to start the week and take a step back to look at the big picture. With the rest of the world’s markets struggling and money continuing to flow into the US will the Fed get in front of it or wait until international events […]
The 3 Hottest Insider Trading Stocks Right Now
Aug 14, 2018
Jeremy Parkinson
Finance
Here we cross-referenced the latest insider transactions with the Street’s outlook. In other words, all the three stocks covered below have seen big insider buying, and hold a ‘Strong Buy’ consensus from the Street. Let’s see why these 3 stocks are buzzing right now: 1. Kratos Defense (Nasdaq:KTOS) First up: specialized national security company Kratos Defense […]
Why Turkey’s Bubble Economy Is About To Pop
Aug 14, 2018
Jeremy Parkinson
Finance
Though Turkey’s financial markets have been struggling since the start of this year, the country’s currency and government bonds have been in an all-out freefall in the past week. A political clash with the United States caused the lira to lose approximately one-third of its value against the U.S. dollar in the last week alone. In an […]
Gladstone Investment Corporation Launches New Series E Term Preferred Stock Offering
Aug 14, 2018
Jeremy Parkinson
Finance
MCLEAN, Va., Aug. 14, 2018 (GLOBE NEWSWIRE) — Gladstone Investment Corporation (Nasdaq: GAIN) (the “Company”) today announced that it plans to sell shares of its newly designated Series E Cumulative Term Preferred Stock due 2025 (the “Series E Term Preferred Stock”) in an underwritten public offering. The aggregate public offering price, dividend yield and other […]
British Manufacturing Slumps As Bank Of England Raises Interest Rates
Aug 14, 2018
Jeremy Parkinson
Finance
On August 2nd, the Bank of England announced that its Monetary Policy Committee had unanimously voted to raise interest rates. This recent decision by Britain’s central bank saw its key ‘base rate’ of interest rise for only the second time since the 2007/8 crash. The 25 basis point hike brought the base rate up to […]
Gold: Tactics For The Price Sale
Aug 14, 2018
Jeremy Parkinson
Finance
It’s very important for investors to act prudently and professionally with their investment capital in the gold market. As a particularly interesting example, most North American gold stocks had a big sell-off yesterday, while my entire “Thunder Down Under” portfolio of Australian gold stocks was up overnight! My current mindset is to be a very modest […]
Intelligent Systems – Chart Of The Day
Aug 14, 2018
Jeremy Parkinson
Finance
The Barchart Chart of the Day belongs to the technology services stock Intelligent Systems (NYSEMKT: INS). Intelligent Systems Corporation’s main focus is to help entrepreneurs build valuable companies by forming flexible partnership arrangements with early stage domestic companies. They bring value to these companies by providing practical business advice, a proven incubator program, early-stage equity […]
Saudi Arabia And Iran Reignite The Oil Price War
Aug 14, 2018
Jeremy Parkinson
Finance
The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting the market share and pricing war ahead of the returning U.S. sanctions on Iranian oil. Saudi Arabia, OPEC’s largest producer, has been boosting oil production to […]
It’s Time For Contrarians To Get Bullish On Gold
Aug 14, 2018
Jeremy Parkinson
Finance
Gold can’t seem to catch a break. The yellow metal normally acts as a safe haven in times of political and economic strife, but in the face of Turkey’s lira meltdown, investors have taken cover instead in the U.S. dollar. On Monday, the stronger greenback pushed gold to end below $1,200 an ounce for the […]
A Bullish Bond Argument That Hides In Plain Sight
Aug 14, 2018
Jeremy Parkinson
Finance
It’s been a while since I advised anyone to load up on long Treasuries. The bearish bond narrative has been too strong for that, thanks largely to fiscal policy but also to near-4% unemployment rates, quantitative tightening and—maybe most threatening of all—tit-for-tat tariffs. In fact, I challenge anyone to think of a time during the […]