Author Archive: Jeremy Parkinson
4 Small Cap Biotechs With Upcoming Catalysts
The biotech “run-up” trade has always attracted a wide array of traders looking to take advantage of potentially high alpha price moves before the actual catalyst/binary event come to fruition. Holding through these events does carry a certain amount of risk that traders should be aware of. Such examples of these risks include, but are […]
The Market Came In Like A Lion But…
The uncertainty of this administration’s’ policies have come home to roost once again. I purposely use the word “roost” as we are nearing the final month of the Year of the Fire Rooster. In line with the astrological predictions, it has been a banner time. However, will those banner times continue? Today, Canada came out […]
Which One Really Belonged On Yellen’s Dashboard?
The latest JOLTS survey from the BLS suggests nothing much has changed from that particular view of the labor market. The level of estimated Job Openings (JO) while down slightly over the last few months remains exceedingly high. By contrast, the rate of monthly Hires (HI) continues to be subdued, if at the high end […]
With Boeing Trading For 28x Earnings, Is The Bull Market In A Melt-Up Phase?
I do not spend a lot of time on cyclical stocks and the industrials and materials sectors are not well represented in portfolios I manage. Lack of expertise is one reason, but another tricky part of investing in cyclical companies is that you need to have a decent sense of their business cycles and that […]
Real Estate Sector On The Verge Of A Correction
Corrections are 10% pull backs, Recessions are 20% sell-offs. So far the real estate sector has seen a decline of about 5%. Normally I wouldn’t think to much about that, but there are a few things that I don’t like about the chart below: A perfectly formed rising channel that investors have had confidence in […]
A Focus On Uranium And Uranium Stocks
(Audio length 00:11:38) On the back of a couple requests for Doc’s comments on the Uranium sector here we go. We look at the URA chart as well as Uranium Energy Corp, UEC. With the complete washout in uranium stocks over the past few years when this sector turns there are only a few companies left […]
Market Seasonality Maps
Another year another datapoint… Regular readers will be familiar with the first chart which shows the average daily returns for the S&P 500 across the year against the average level of the VIX across the year. This stockmarket seasonality map has been updated to include the 2017 data and the same conclusions and cautions hold. In this […]
Chinese Checkers
Wednesday was all about China. “China?! China.” U.S. investors woke up to the news that Beijing is considering “slowing or halting” Treasury purchases and the knee-jerk reaction was visible everywhere. Yields spiked (only to completely retrace as Treasurys pared losses following a solid 10Y auction): Gold rose: The dollar careened lower and EURUSD […]
