Wal-Mart Stores, Inc. – Still Investible?
Jun 25, 2018
Jeremy Parkinson
Finance
Had a prudent investor bought 500 shares of Wal-Mart Stores, Inc. (WMT) back in 1975, but the end of 1999, thanks only to stock splits, that investor would have become the proud holder of 256,000 shares of stock. Obviously, that prudent investor was not me since in 1975 I didn’t have two nickels to rub […]
Some Thoughts On The Yuan
Jun 25, 2018
Jeremy Parkinson
Finance
The Chinese yuan extended its slide and finished the mainland session at its lowest level of the year. It is one of the weakest in the region this month. The onshore yuan has depreciated 1.9% against the dollar so far, and the offshore yuan has fallen slightly more (2.1%). Only the Korean won and Thai baht fell more […]
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Sideways Action Coming? Try An Iron Condor
Jun 25, 2018
Jeremy Parkinson
Finance
In the markets, periods of expansion are generally followed by periods of contraction. RUT has been trading higher for 2 months now and is starting to come back towards the middle of the Bollinger Bands. A strong US Dollar and bullish fundamentals for the markets is likely to provide a floor for RUT. Likewise, after […]
The Myths Of Stocks For The Long Run – Part IV
Jun 25, 2018
Jeremy Parkinson
Finance
<< Read More: The Myths Of Stocks For The Long Run – Part III << Read More: The Myths Of Stocks For The Long Run – Part II << Read More: The Myths Of Stocks For The Long Run – Part I The Math Of Loss The “mantra” of “this time is different” is always uttered during ebullient periods in the stock […]
Hew Home Sales Rebound In The South As Home Prices Plunge To 13-Month Lows
Jun 25, 2018
Jeremy Parkinson
Finance
Following major disappointment in exiting-home-sales, May New Home Sales exploded higher, up 6.7% MoM (smashing expectations of 0.8% gain) helped by a major downward revision to April. New home sales were flat or negative in 3 of 4 regions: Northeast: -10%, Midwest: 0%, West: -8.7%, but South soared from 347K to 409K annualized, a 17.9% surge… […]
BTC/USD And BTC/JPY Forecast – Monday, June 25
Jun 25, 2018
Jeremy Parkinson
Finance
BTC/USD Bitcoin markets lost 10% during the trading session on Friday, reaching down towards the $6000 level, an area that I have been talking about for some time. I think at this point, it’s become obvious that the market will eventually break down below that level, the question now is whether or not it’s going […]
Pfizer Innovates, & Collaborates For Health
Jun 25, 2018
Jeremy Parkinson
Finance
Every New York stock exchange trading day I’m posting a daily dividend stock or fund review. I’ll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I’ve named the Safari to Sweet Success. This week the portfolio I’m building (my Safari To Sweet Success […]
Policy Interventions Don’t Eliminate Bear Markets Nor Conjure Productivity
Jun 25, 2018
Jeremy Parkinson
Finance
China’s Shanghai stock index closed last week down 4% and nearly 19% since January 26 even as the government continues with a barrage of ongoing confidence suasion efforts,see Beijing paddles as bear market threatens: The so-called “national team,” an assortment of government-backed investment funds that often acts to stabilize the market, still owns nearly half a […]
Keeping It Together
Jun 25, 2018
Jeremy Parkinson
Finance
All is well in OPEC land. OPEC kept it together with a unanimous deal even, though there is still disagreement on what the deal in Vienna means. Post OPEC, we have a rising dollar on China/U.S. trade tensions and a major Canadian oil sands outage that will buoy U.S. prices. The market soared on Friday as it […]
Early Signs Of Large-Cap Fatigue Spreading To Small-Caps, Tech
Jun 25, 2018
Jeremy Parkinson
Finance
Signs of fatigue are showing up in US equities. It began with large-caps, and now there are early signs it is spreading to small-caps as well as tech. The small-cap switch was turned on right after Donald Trump was elected US president in November 2016. Since November 8 that year, the Russell 2000 small cap […]