Author Archive: Jeremy Parkinson
Constellation’s New Protocol Is 1000x Faster Than Bitcoin, Ethereum
Constellation, a horizontally-scalable blockchain for consumer-grade applications, is emerging from stealth this week. The team originally formed to build Rakugo, a decentralized content platform project launched on the Ethereum protocol. After realizing the inherent limitations of Ethereum, they pivoted to develop their own DAG protocol that would be more supportive of projects like Rakugo. FelixMittermeier / Pixabay […]
Bank Earnings Tomorrow And Another Big Move Brewing
Video length: 00:14:35 Stocks move higher today, but does that mean the uptrend has resumed? In this video newsletter update we look at potential catalysts for the market and why more volatility may return. Watch this video right now for a strategy you can use tomorrow to captialize on more volatility potentially returning to the […]
Why For The First Time In Six Years, Hedge Funds Are At The Mercy Of Retail Investors
There was something odd about the last earnings season: while many companies beat Q4 expectations, few were rewarded by material stock upside, yet companies which missed, or guided lower, were violently punished, falling on average in the high single-digit percent range. According to some, this is an indication of just how priced-to-perfection corporate America has […]
Stocks And Precious Metals Charts -Fearlessly Risk On
It was risk on today as the safe havens were sold and stocks were bid higher. Although it should be noted that they fell off from the highs at the close. Gold and silver were hit, taking back their recent gains, as the Dollar gained back a little ground on its DX index. The catalyst for this […]
Hot Options Report For End Of Day – Thursday, April 12
Top tickers for end of day: BAC, RIGL, FB, NXPI, AAPL.
UniQure – Chart Of The Day
The Chart of the Day belongs to uniQure (QURE). I found the gene therapy stock by using Barchart to sort today’s Top Stocks to Own list first for the highest Weighted Alpha then I used the Flipchart feature to review the charts for consistent price appreciation over the last 6 months. Since the Trend Spotter signaled a buy on 4/10 the […]
E Is PNC Poised To Beat The Whisper Number?
PNC Financial (PNC) is expected to report earnings Friday before market open. The whisper number is $2.41, two cents behind the analysts’ estimates and showing no confidence from the WhisperNumber community. A year ago the company reported earnings of $1.96, thirteen cents short the whisper number. PNC has a 76% positive surprise history (having topped […]
Fed Minutes Shows FOMC Is Hawkish
Fed Minutes Released: Stocks Decline The Fed released its Minutes from the meeting from March 20th to the 21st. I consider it to be slightly hawkish because all the FOMC members stated they expected the economy to strengthen and inflation to rise in the coming months. The stock market had a moderate sell-off in response to […]
Market Talk – Thursday, April 12
The SENSEX was the star performer in Asia today against what looked like a sea of red boards. The SENSEX closed up over +0.5% on the day completing its sixth positive close in a row. Optimism buoyed the market ahead of industrial production and inflation data releases. Solid earnings optimism is supporting prices with good […]
April 2018 Initial Unemployment Claims Rolling Averages Again Worsens
Hurricanes continue to impact claims taking procedures in the Virgin Islands and Puerto Rico. The market expectations for weekly initial unemployment claims (from Bloomberg / Econoday) were 229 K to 232 K (consensus 230,000), and the Department of Labor reported 233,000 new claims. The more important (because of the volatility in the weekly reported claims and […]
