Author Archive: Jeremy Parkinson
Blackout For Utilities
It’s really hard to imagine how a sector could be doing as bad as the Utilities sector in a tape that has been as strong as this one, but the reality is that when everyone expects rates to increase, they want nothing to do with interest rate sensitive sectors like Utilities. The following charts are […]
Xunlei Plummets After China Regulator Advises On ICO Risks
Xunlei (XNET) describes itself as a cloud-based acceleration technology company in China. In early October, the company announced their “Wanke coin mining” cryptocurrency project. More importantly, a company subsidiary, OneThing Technology, announced a new blockchain-based product, OneCoin, last year. Regulators quickly claimed that OneCoin constitutes a new version of banned Initial Coin Offering, or ICO, […]
Bet Big On A Rising Market With High Beta ETFs & Stocks
Wall Street has been on the second-longest bull run in U.S. history with no signs of a slowdown, and dodged all the ills of economy and politics. After logging its best year since 2013, the S&P 500 had the best start in many years with the longest winning streak since 1964 in the first six […]
Rail Week Ending January 2018: Slow Start To The New Year
Week 1 of 2018 shows same week total rail traffic (from same week one year ago) contracted according to the Association of American Railroads (AAR) traffic data. The economically intuitive sectors remain in expansion, but the decline in the last two weeks negatively affected all the averages. Analyst Opinion of the Rail Data We review this data […]
HH Bitcoin Buy Sell Or Hold
Has the price of blockchain technology name Bitcoin $BTC hit a bottom? While other names in the crypto arena have gained of late Bitcoin has lagged but our contrarian technical analysis of $BTC shows a strategy by which money can be made by buying Bitcoin fairly soon as the chart pattern begins to strengthen.
Activision Blizzard Rises Following Start Of Overwatch League
Shares of Activision Blizzard (ATVI) were trading higher near midday, adding to yesterday’s gains after the video game maker saw solid viewer turnout for the inaugural season of the Overwatch League, an esports league centered around Blizzard’s popular multiplayer shooter “Overwatch.” LEAGUE POSTS SOLID VIEWERSHIP: Overwatch League launched on Wednesday of this week, with 12 […]
The Big Four Economic Indicators: December Real Retail Sales
Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This committee statement is about as close as they get to identifying their method. There is, however, a general belief that there are four big indicators that the committee […]
5 Top Vanguard Mutual Funds To Buy In 2018
In 2017, Vanguard Group emerged as the fastest-growing asset management firm for the sixth straight year. Its ability to create effective investment goals with suitable asset allocation and low-cost portfolio contributed to this series of gains. Additionally, strong recovery in markets in 2017 following the passage of the Tax Cuts and Jobs Act of 2017 […]
Full Throttle On This Market
My Swing Trading Approach Three day weekend ahead of us, with the market closed on Monday. I may add a new position if the market holds the early morning gains, and the right opportunity presents itself. I will continue increasing my stops to protect profits. Indicators VIX – Even with yesterday’s rally in equities, the VIX […]
