Author Archive: Jeremy Parkinson
Dividend Growth Portfolio 2017 Year-End Letter To Investors
For the full-year 2017, the Dividend Growth portfolio returned 8.5%, trailing the S&P 500’s 19.4% by a wide margin [returns figures calculated by Interactive Brokers]. While I probably shouldn’t consider an 8.5% annual return a “failure,” it’s certainly frustrating to me to trail my benchmark like this. So, we’re going to take a long, hard look at […]
US Dollar At The Mercy Of External Monetary Policy Trends
Fundamental Forecast for the US Dollar: Neutral US Dollar continues to suffer even as Fed rate outlook seemingly improves Selloff may reflect rush to participate as new tightening cycles get underway BOC rate decision, UK CPI and Australian jobs data in the spotlight ahead The US Dollar is starting 2018 much as it did the previous year, […]
Assuming You’re Inexplicably Inclined To Waste Time Picking Stocks, Here Are Some Ideas From Goldman
Now, we have seen a total reversal with people having a hard time even imagining how the market could decline. We must admit the speed and relentlessness of the move is a bit troubling. That’s from a Morgan Stanley note out last Monday and it underscores the extent to which the psychology around equities has […]
Weekly Economic & Political Timeline – Jan. 14
This week will see a heavier news agenda than last week, with the key items coming from the Canadian central bank, plus key economic data releases from China, Australia, and the U.K. There is little regarding the U.S. Dollar due. The market will probably be most active on Wednesday and Thursday. U.S. Dollar It will […]
USD/CAD Weekly Analysis – January 14, 2018
USD/CAD’s fall from 1.2920 extended to as low as 1.2355. Further decline is still possible after consolidation and next target would be at 1.2061 previous low support. Near term support is at 1.2355, a breakdown below this level could signal resumption of the downtrend. Near term resistance is at 1.2680, only a break above this […]
GDPNow Forecast Rises, Nowcast Dips On Same Economic Data
The Atlanta Fed GDPNow Model forecast rose to 3.3% from 2.8% on Friday. On the same data, the New York Fed Nowcast Model fell from 4.0% to 3.9%. GDPNow Forecast: 3.3% – January 12, 2018. GDPNow Highlights The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 3.3 percent on […]
Gold Prices Vulernerable As Rally Extends Into Resistance
Fundamental Forecast for Gold: Neutral Gold prices set monthly opening-range just below structural resistance Gold prices are attempting to close out a fifth consecutive week of gains with the precious metal up nearly 0.4% to trade at 1324 heading into the New York open on Friday. The advance comes alongside continued strength in U.S. equity markets and crude […]
Mara Marijuana
“I want to get high, but I never knew why.” David Peel 1968 Now that the overall market has performed like it’s starring in the film,Reefer Madness, it’s time to look at value that has the potential to grow like a weed. A Megatrend still in infancy, medical and recreational marijuana is clearly controversial. Added to […]
ShotSpotter: The Good News Alongside Motorola’s Stock Sale
One part of the bear case for ShotSpotter (SSTI) is that insiders are eager to dump their positions, and their selling will crush the stock. It turned out that company executives were eager and willing to BUY company shares. When it came time for a significant holder to sell, SSTI sailed through the event just fine. Motorola disclosed […]
Beware The Tales Of Techlash
According to Axios, Tom Donohue, president and CEO of the U.S. Chamber of Commerce, recently warned of the consequences of the strengthening “techlash” — the “backlash against major tech companies that is gaining strength … both at home and abroad, and among consumers and governments alike.” My friend Arianna Huffington recently penned “The Great Awakening,” in […]
