Author Archive: Jeremy Parkinson
How Much Money Can You Afford To Lose In A Risky Investment?
If I asked you, “How much money do you want to lose in a risky investment?” you would probably think this was a strange question. However, you must consider the risks before you invest. When you put money in the stock market you give up the certainty in return for the potential reward of growth. By choosing a risky investment, you […]
Stocks And Precious Metals Charts – All Along The Watchtower – Option Expiration Tomorrow On The Comex
It was a risk off day in the US markets, which were roiled by new prohibitions against Chinese investment in key technologies companies in the US. The concern here is the propensity for China to ‘borrow’ US intellectual property. And a valid concern it is. Stocks dropped down to key support, and then bounced back weakly in […]
Bitcoin Crashes To New Lows
Bitcoin and cryptocurrencies are at a critical point. On Sunday, bitcoin hit new intraday lows of $5,782, falling below the previous lows of $5,968 on February 6. The first crash happened over five days, dropping down to $10,876 (first point after the peak). Bitcoin was down 45.3% from the all-time intraday highs of $19,871 on December […]
U.S. Gold Exports To London Surge
As U.S. gold exports to Hong Kong and China fell 25% in the first four months of the year, London picked up the slack. According to the USGS, U.S. gold exports to London surged more than doubled from January to April, compared to the same period last year.Interestingly, the amount of gold exported to London […]
Dollar Dumped, Copper Clubbed, FANG Fubar, & Tech Wrecked
Even with Navarro’s plunge protection, The Dow closed below its 200DMA for the first time since Brexit (June 2016)… Artist’s impression of Peter Navarro’s role this afternoon… China started off well on the RRR Cut – then it went pear-shaped… European stocks erased all the hopeful bounce from Friday and then some… […]
Regenxbio – Chart Of The Day
Even on days when the market tanks Barchart can help you find stocks beating the trends.The Barchart Chart of the Day belongs to Regenxbio (RGNX). I found the biomedical stock by using Barchart to sort today’s Top Stocks to Own list first by the most frequent number of new highs in the last month then I used the Flipchart feature to […]
Dip Plays For All You Dip Buyers
The bulls fell off their rockers today, but as has been seen many times more in the past, the dip buyers tend to come in and save the day at the last second. So obviously, that is what I am looking for here today. Getting short at the open didn’t have a good risk-reward setup […]
EC The Best Home Improvement Stock: Home Depot Vs Lowe’s
The home improvement industry in North America is dominated by two major players, Home Depot (HD) and Lowe’s (LOW). For investors both Home Depot as well as Lowe’s have been very strong investments in the past, the two stocks returned 870% and 420%, respectively, over the last ten years, vastly outpacing the S&P 500’s total […]
Market Leaders Getting Crushed
With the US stock market getting crushed to start the trading week, below is a quick snapshot highlighting the performance of various ETFs across asset classes. For each ETF, we show its performance today, quarter-to-date, and year-to-date. Today’s market action is pretty simple to explain. We’re seeing extreme selling in the areas of the market […]
June 2018 Texas Manufacturing Survey Declines
Of the three Federal Reserve districts which have released their June manufacturing surveys – all were in expansion. A complete summary follows. Analyst Opinion of Dallas Fed Manufacturing Survey This survey remains in positive territory with new orders improving and unfilled orders significantly improving – and both in positive territory. Even though this survey declined, […]
