Author Archive: Jeremy Parkinson
Investing Is Not A Zero-Sum Game
Ask the majority of people about investing and they will probably tell you that when the stock market rises, everyone wins and when it drops, everyone loses. But this isn’t the case. Investing in the stock market is not a zero-sum game. You have investors making money and losing money every single day, regardless of […]
Bitcoin: The End Of The Beginning
Bitcoin surged a mind-blowing 1,500% last year, leading many experts to call for “the end of bitcoin.” But this rally isn’t over yet. This isn’t the end; it’s only the end of the beginning for cryptocurrency markets. Everyone has heard of bitcoin. But few people own it. Even fewer understand it. That’s going to change […]
The Dow Is Above 25,000: There Is Just One Problem
Yesterday the Dow Jones crossed above 25,000 for the first time ever, making the trek from the previous millennial level of 24,000 in just 23 days: a record short interval of time. There was just one problem: retail investors refuse to get on board for the voyage. Ah yes, retail investors: long beloved on Wall Street because […]
U.S. Service Sector Growth Down In December: ETFs In Focus
The IHS Markit U.S. Services Business Activity Index reflected slower expansion in service activity in the United States, owing to slower increase in new business received by service providers. IHS Markit services PMI came up with a reading of 53.7 in December 2017 compared with 54.5 in November. This was the weakest reading since May […]
EUR/USD Enjoying Strong Bullish Momentum
Despite positive US economic data and the strong support from the interest rate hike expectations in the current year, as suggested in the Federal Reserve’s last minutes of meeting released yesterday, and the US stock markets achieving new record levels, the USD is still facing strong pressure against other major trading partners. The US dollar […]
Tech Stocks & Kicking Off 2018
Stocks picked up in 2018 right where they left off last year. Global equity indexes were higher in all four trading days, international outpaced the US, technology and high momentum stocks led and small caps lagged. Two major milestones were reached as the Nasdaq topped 7,000 and the Dow topped 25,000. Friday’s jobs report fell […]
2 Reasons To (Maybe) Ignore Q4 Earnings
Show of hands: who’s looking forward to earnings season? Although the increasingly permabull-ish punditry is fond of plotting earnings growth with the S&P in a largely fruitless effort to “debunk” what they swear is a “conspiracy theory” about central bank largesse leading directly to gains in global risk assets, the irony is that these very same […]
