Author Archive: Jeremy Parkinson
Another Record Setting Month On Wall Street – Week In Review
The market remains exceptionally strong as the bulls remain in clear control. Stocks refuse to fall in a meaningful fashion. Every time the market hints at pulling back the bulls show up and send stocks soaring. The two largest “down” days this year happened on June 9 and then last Wednesday, November 27. Both of those […]
NZD/USD Looks To Be Sold Off Too Much; What’s Next? – CIBC
The New Zealand dollar suffered during the latter part of the year due to political fear, especially as Jacinda Ardern was sworn in. But has it gone too far? CIBC FX Strategy Research discusses NZD outlook, noticing that the post NZ election period has seen investors aggressively re-position their NZD bets. Here is their view, courtesy of eFXnews: […]
Stocks To Trade: MSFT CMG IAC
Take a look at three trading ideas to prep you for the next trading session. Long Microsoft (MSFT) Long Chipotle (CMG) Short InterActive (IAC)
Bitcoin – Millennials’ Fake Gold
I’ve been asked about Bitcoin a lot lately. I’ haven’t written anything about it because I find myself in an uncomfortable place in agreeing with the mainstream media: It’s a bubble. Bitcoin started out as what I’d call “millennial gold” – the young (digital) generation looked at it as their gold substitute. Bitcoin is really […]
OPEC Agrees To A 3 Month Cut Extension & A 6 Month Option
After the big meeting OPEC had, WTI oil closed up 10 cents at $57.40, making this out to seem like an unimportant event. However, that’s not the case because this decision was already priced in. It was so important that the market calculated exactly how it would affect prices before it occurred. The decision was […]
Gold Hovers Above Support: U.S. NFP / Tax Headlines To Set Decmber Tone
Fundamental Forecast for Gold: Neutral Gold prices hold on to support post-NFP, Looking for an early November low Gold prices are down for the second consecutive week with the precious metal off 0.57% to trade at 1280 ahead of the New York close on Friday. The losses come amid continued strength in broader risk assets with all […]
Stocks Going Ex Dividend The First Week Of December 2017
Here is our latest update on the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only […]
Housing Market Review – A Tax-Driven Day Of Angst Transforms Into Another Unrelenting Rally
The last Housing Market Review covered data reported in October, 2017 for September, 2017. At the time, I lamented having too small an exposure to home builders while the entire sector rallied nearly non-stop. I was counting on seasonal patterns to deliver at least one buyable dip ahead of the seasonally strong period starting in November. […]
Bitcoin Tops $11,000 Again – Becomes World’s 6th Largest Currency In Circulation
After ‘crashing’ earlier in the week, Bitcoin soared in the last 24 hours following confirmation from the CFTC that it has approved regulated futures (and options) trading on CME, CBOE, and Cantor. This sent the price back above $11,000 and shifted the cryptocurrency to become the sixth most-circulated currency in the world. Bitcoin had, by all accounts, […]
ETF Stories Of November: All About Retail, OPEC And Tax Cuts
The month of November was pretty eventful, as expected. A consensus carried out from 1950 to 2016 shows that November ended up offering positive stock returns in 44 years and negative returns in 23 years, per moneychimp.com, with an average return of 1.38%. But upbeat global economic events help U.S. equity gauges to score even higher […]
