Walmart Heats Up War With Amazon: How Are Others Placed?
Apr 12, 2018
Jeremy Parkinson
Finance
Walmart Inc.’s (WMT – Free Report) latest contract with Postmates is likely to intensify the online grocery delivery competition among retailers — which was largely triggered by Amazon’s (AMZN – Free Report) takeover of Whole Foods Market last year. Ever since the e-commerce biggie’s intrusion into the grocery space, retailers, particularly Walmart, have been making constant attempts to stay […]
Big Picture Treasuries, US Markets, And Gold
Apr 11, 2018
Jeremy Parkinson
Finance
After a up then down day Doc and I look at the big picture for investors. Still waiting for a breakout in the metals is more about watching what other markets are doing. (Audio length 00:11:58)
Stocks Rallied After President Xi’s Pro Trade Speech
Apr 11, 2018
Jeremy Parkinson
Finance
Stocks Rally Sharply On Tuesday The stock market had an amazing day on Tuesday as the S&P 500 was up 1.67%. All the sectors were in the green except real estate and utilities. Energy was the big winner as it was up 3.32%. Tech was up 2.48%. The reason stocks did so well was President Xi gave a […]
Strong Cash Saves Nat Gas Again
Apr 11, 2018
Jeremy Parkinson
Finance
May natural gas prices recovered some of yesterday’s losses as strong cash prices early in the day pulled the May contract off its lows. Prices ended up settling up a bit less than a percent on the day. The signature of a cash-led rally was clearly seen today with gains strongest at the front of […]
Range Trading Continues
Apr 11, 2018
Jeremy Parkinson
Finance
Tuesday saw some upside from Monday’s recovery but the trading ranges I marked on the charts over the weekend remain valid so no change in the status quo. The S&P shows this best with the trading range defined by the former ‘bull flag’. Today’s close left the index just below resistance. The lower close could […]
Why You Should Care About The LIBOR Crisis
Apr 11, 2018
Jeremy Parkinson
Finance
There is a financial crisis taking place overseas, which you probably don’t know, or care about. But you should care. The London Interbank Offered Rate (LIBOR) is a measure of the cost of short-term borrowing in Europe. It is essentially their version of our own Fed funds rate. And here’s the problem. It has been […]
Is The IWM About To Surprise Us?
Apr 11, 2018
Jeremy Parkinson
Finance
If you look at the last 3 days in the VXX (commonly referred to as the ‘fear gauge’) you see that the last 3 days have not shown an ounce of volatility. The VXX 3-day ATR is the lowest it’s been since the end of January (before it exploded higher). Does that sound like what […]
Stocks And Precious Metals Charts – The Men Who Sold The World, April 11
Apr 11, 2018
Jeremy Parkinson
Finance
Today was an off day in stocks from the overnight, with gold and silver catching a bid in response to a heating of the geopolitical tensions over Iraq. President Trump warned Russia of incoming missiles this morning with a tweet, and Russia pretty much told him to go blow. From trade war to shooting war, […]
Don’t Trust This 12% Yield
Apr 11, 2018
Jeremy Parkinson
Finance
Some companies have very erratic dividend payments. Not because management is incompetent or doesn’t care about the dividend, but because of the way the business is structured. Based on its last monthly distribution, San Juan Basin Royalty Trust (NYSE: SJT) pays a 12% yield. But that’s misleading because the distribution is variable. Hilcorp Energy Company owns natural […]
Paying Dividends In Your Portfolio
Apr 11, 2018
Jeremy Parkinson
Finance
When most investors and traders purchase stock it is because they intend to profit from the rise in its price. They are familiar with the mantra: ‘buy low and sell high!’ But there are several other ways of profiting from the ownership of stock shares without having to part with them. In this article, we […]