Sensex Opens Firm; Metal Stocks Gain
Jan 12, 2018
Jeremy Parkinson
Finance
Asian stock markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 0.05% while the Hang Seng is up 0.49%. The Shanghai Composite is trading up by 0.04%. Meanwhile, The Dow Jones industrial average rose to an all-time high on Thursday as investors bet economic growth would pick up steam. Back home, India share markets opened the […]
Gundlach: “I Should Change My Firm’s Name To DoubleBlockchain”
Jan 12, 2018
Jeremy Parkinson
Finance
Many others had done it, but nobody quite as blatantly as beverage maker Long Island Iced Tea Corp, which in late December, bizarrely but profitably changing its name to Long Blockchain Corp, which sent its shares soaring by 500%. In an ironic twist, we previewed LTEA’s hilarious “pivot” just one day earlier when – discussing a similar […]
If US-China Relation Turns Bitter, Buy These ETFs To Profit
Jan 12, 2018
Jeremy Parkinson
Finance
Speculation is rife that the trade tension between the U.S. and China will increase this year. These signs have already started to build up in the space with the spate of news. First, the latest Bloomberg report states that China may slow down, or even stop, the purchase of U.S. government bonds, citing that U.S. […]
USD/CAD: Pricing A Higher NAFTA Risk Premium Into The Loonie; What’s Next?
Jan 12, 2018
Jeremy Parkinson
Finance
The Canadian dollar should have enjoyed higher oil prices, an excellent jobs report, and an upcoming rate hike. However, something is holding it back. Is it NAFTA? Here is the view from BTMU: BTMU Research discusses USD/CAD outlook in light of the recent reports that that Canadian government officials see an increasing likelihood that President Trump […]
Transportation Index Suggests A Major Peak In Stocks Or The Start Of Hyperinflation?
Jan 12, 2018
Jeremy Parkinson
Finance
The transportation index is one of those stock market segments which play a strategic role. Are they flashing a signal of a major peak in stock markets which will potentially result in a stock market crash in 2018 or is this the start of a parabolic rise which will result in hyperinflation? If transports and the Dow Jones […]
Chart Of The Day – USA Truck
Jan 11, 2018
Jeremy Parkinson
Finance
The Chart of the Day belongs to USA Truck (USAK). I found the trucking stock by using Barchart to sort today’s 52 Week New High list first by the highest Weighted Alpha, then by technical buy signals above 80%.I then used the Flipchart feature to review the charts for consistent price appreciation.Since the Trend Spotter […]
Record Natural Gas Storage Withdrawal Sends Prices Flying
Jan 11, 2018
Jeremy Parkinson
Finance
The Energy Information Administration announced that we pulled a record amount of natural gas from storage last week, and though it was expected that they would announce a record withdrawal the size still surprised many. Though there was some uncertainty initially after the print, prices rallied off it through the remainder of the day. This […]
Global Blockchain Technologies Corp. Subscribing For Entire 8.0 Million KodakCoin Initial Coin Offering
Jan 11, 2018
Jeremy Parkinson
Finance
Written by SmallCappower.com TM Editors’ Note: This article discusses one or more penny stocks and/or microcaps. Such stocks are easily manipulated; do your own careful due diligence. Global Blockchain Technologies Corp. (BLKCF) is starting to make some waves in the emerging Canadian Blockchain space with two strategic investment announcements over the past couple of days. […]
Peter Thiel Submits Bid For Gawker’s Remaining Assets
Jan 11, 2018
Jeremy Parkinson
Finance
First you put it into bankruptcy, then you buy it. That’s the strategy of Peter Thiel who secretly (at first) funded Hulk Hogan’s lawsuit against Gawker, which ultimately resulted in the company’s bankruptcy, and now is looking to buy what remains of the once popular blog for “a few million dollars.” According to Reuters, Thiel has […]
COT Black: All The Trades Are Crowded Here
Jan 11, 2018
Jeremy Parkinson
Finance
Watching the crude oil market over the past few months has been a study in winding a rubber band, or a game of chicken. Each week it has been largely the same thing repeated: oil prices gently rise, backwardation in the futures curve keeps deepening, Money Managers in the futures market bet on higher oil, […]