Author Archive: Jeremy Parkinson
Grantham: US Asset Bubble To Pop In 2019
Veteran value investor Jeremy Grantham put a missive up on his firm’s website yesterday outlining his view that we won’t see an imminent end to the US bull market. He expects a melt-up, not a meltdown. But Grantham goes on to say that we will see an asset bubble implosion in 2019, with as much […]
Perrigo Rises After Deutsche Bank Highlights Sales Via Amazon White-Label
Shares of Perrigo (PRGO) are on the rise after Deutsche Bank analyst Gregg Gilbert told investors in a research note that Amazon (AMZN) has begun to sell a number of over-the-counter healthcare products, sourced by the company, under a brand called “Basic Care.” AMAZON ‘BASIC CARE’ SOURCED BY PERRIGO: In a research note this morning, […]
Gold: Rejects Lower Prices, Risk Remains Higher
Gold still faces its broader upside pressure as it saw a rejection of lower prices on Thursday. On the downside, support comes in at the 1,300.00 level where a break will turn attention to the 1,290.00 level. Further down, a cut through here will open the door for a move lower towards the 1,280.00 level. […]
2018 IPO Prospects: Lyft Appears To Be Changing Gears To List
According to a Goldman Sachs report, the global ride-hailing market is expected to grow from $36 billion in 2017 to $285 billion by 2030. The average number of ride-hailing trips a day globally are expected to grow from 15 million in 2017 to 97 million by 2030. The ride-hailing companies are expected to charge an average […]
Ethereum Price Tops $1000, Market Cap Tops $100 Billion
While Ethereum has lost its second place position to Ripple and was clearly left behind, its value is still on the rise. ETH/USD extended its gains and reached a high of $1063 according to the data on Bittrex. After the initial rise, ETH/Dollar slipped a bit, but it remains up on the day. Taking a broader look, […]
AUDUSD Daily Analysis – Thursday, Jan 4
AUDUSD stays in a rising price channel on its 4-hour chart and remains in the uptrend from 0.7501. As long as the price is in the channel, the uptrend could be expected to continue and next target would be at 0.7900 area. Only a clear break below the channel support could signal completion of the […]
Investors Warming Up To Stocks
It may be cold outside, but individual investors have really warmed up to stocks in a big way. According to the weekly sentiment survey from the American Association of Individual Investors (AAII), bullish sentiment increased to 59.75% from 52.65% last week. If that sounds like a high reading, that’s because it is! Not only is this […]
7 Low Price-To-Sales Stocks To Buy For Optimum Returns
When considering valuation metrics, the obvious choice has always been Price-to-Earnings ratio as calculations based on earnings are easy and come in handy. However, Price-to-Sales has emerged as a convenient tool to determine the value of stocks that are incurring losses or are in an early cycle of development, generating meager or no profits. While […]
How Quickly Will The Dollar Collapse?
This might seem a frivolous question, while the dollar still retains its might, and is universally accepted in preference to other, less stable fiat currencies. However, it is becoming clear, at least to independent monetary observers, that in 2018 the dollar’s primacy will be challenged by the yuan as the pricing medium for energy and […]
EUR/JPY – 140.00 In View?
EUR/JPY posted its best reading in nearly two years today pushing through the 136.00 by morning US trade. The pair is signaling that market is looking for synchronous global growth that will tighten monetary policy everywhere but Japan allowing the pair to make a move towards the key 140.00 level over the next few weeks. […]
