Author Archive: Jeremy Parkinson
How To Profit From MLPs Overnight
A few months ago the NY Times ran an interesting piece on the difference between intra-day and overnight returns on the stock market. The article compared a strategy of buying on the open and selling every day at the close (“IntraDay”), with a strategy of buying on the close and selling the next morning at the open […]
E Euro Area Economic Growth Was Still Quite Robust In The First Quarter
“Despite a strengthening euro, trade growth was very strong in the second half of 2017 on the back of robust growth in Europe and the rebound in world trade, and has continued at a solid, even if slower, pace in the beginning of 2018. However, in the first quarter of 2018, high frequency indicators and […]
Natural Gas Week Ahead -Sunday, June 24
The natural gas market on the NYMEX had a volatile week, closing at $2.94. The three dollar level showed strong resistance once again and Friday closed 2.60% lower than the week before. Weather in Canada and the Lower 48 remains mild and demand isn’t climbing that much. Underground stocks built another 91 Bcf, remaining close […]
E Good News From The Oil Patch And South Africa
Today we have a reporting company and good news from South Africa and, via Washington, DC, for the Dutch Antilles and more. Tech & Tel South African Naspers reported core headline FY 2017-8 earnings up 72% at $2.5 billion on revenues up 38% to $20.1 billion. EPS came to $5.81/sh vs prior year’s $3.37/sh. NPSNY is a 31% […]
Weekly Market Outlook – Bent, But Not Broken
A little profit-taking last week didn’t come as a big surprise, particularly in light of rekindled trade war fears. Though nobody really thinks geopolitical tensions will snowball into a global recession, that was the rhetoric-of-the-day for a couple of days last week. As has been the case several times in recent weeks, however, traders were […]
Book Review: Portnoy, The Geometry Of Wealth
Brian Portnoy, director of investment education at Virtus Investment Partners, has written a personal finance book that goes beyond mere finance. The Geometry of Wealth: How to Shape a Life of Money and Meaning (Harriman House, 2018) approaches the subject by way of three shapes: the circle, purpose; the triangle, priorities; and the square, tactics. […]
Trade Tensions And EU Summit Highlight Q2’s Last Week
We argue there are three major disruptive forces that are shaping the investment climate: the US policy mix in relative and absolute terms, the escalation of trade tensions, and immigration. In the week ahead, trade issues may eclipse the US policy mix, and immigration will compete with the economic and financial agenda at the European […]
Bitcoin Breaks Below $6000: What Now?
Last night, the price of Bitcoin (BITCOMP) broke below the important $6k level which we identified as a crucial level. What now? Last week, we wrote How To Read Bitcoin’s Price Chart For 2018. In it, the key point we made is that the acceleration in Bitcoin’s price started last October/November, right at the $6k level. […]
General Electric’s Removal From The Dow (Re)Exposed The Index’s Key Flaw
The big index news of last week was General Electric (GE) getting dumped by the Dow Jones Industrial Average (DJIA) index. The index managers at the Dow picked Walgreens Boots Alliance (WBA) to replace GE. A long and painful descent for General Electric (GE) into the abyss and out of the Dow. Source: FreeStockCharts.com I […]
