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, […]
Tesla Inc Stock Rises After Semi-Truck-Diesel Comparison
Jan 11, 2018
Jeremy Parkinson
Finance
Tesla Inc (TSLA) stock surged on Thursday as investors shrugged off the latest delay in the Model 3 production ramp in favor of a bullish analyst report on the company’s electric semi. The analyst said after pitting the Tesla semi-truck versus diesel trucks that fleet owners may find it only takes about two years for the electric truck to […]
After A Solid Start, What Awaits Dow ETF In Q4 Earnings?
Jan 11, 2018
Jeremy Parkinson
Finance
The Wall Street had a sizzling start to 2018 as Trump’s tax overhaul bolstered the optimism over strong corporate earnings and an improving economy. With the Q4 earnings season underway, investors are betting that the new tax legislation will result in big savings for the corporations, giving a boost to earnings. The Dow Jones Industrial […]
Strong Dividend Stocks Can Change Your Retirement Odds
Jan 11, 2018
Jeremy Parkinson
Finance
With the stock market powering ever higher, dividend yields continue to fall on most stocks. This will lead many investors to simply search for high yielding stocks and buy those. But this could be a major mistake. Most times when a stock’s dividend yield is high, it’s high because the stock and the dividend payments […]
The Market Rally Is Relentless
Jan 11, 2018
Jeremy Parkinson
Finance
The market rally is relentless. The PMO index is still pushed up against its maximum. Very bullish. The bullish percents continue to confirm higher stock prices. There isn’t a bit of market hesitation showing here as these indexes continue to confirm. It is a very bullish chart, but I worry about how this will end. […]
The Yummies Are Causing The All-Time Stock Market Highs
Jan 11, 2018
Jeremy Parkinson
Finance
Many have wondered why the stock market continues to make all-time highs, almost every day. This exceptional rise may be due to the Yummies, the Young Upwardly Mobile Millennials. Yes, the Millennials, also known as Generation Y. Many traits have been ascribed to this generation, but you don’t ever hear the members referred to as […]
Trannies Soar Most Since 2001, Treasury Yields Tumble, Dollar Dumped
Jan 11, 2018
Jeremy Parkinson
Finance
After a brief pause, everything is awesome again… Video length: 00:02:44 Trannies exploded higher today (2nd best day since Trump election)… S&P record high, Dow above 25,500 for first time… and on and on… Despite equity market exuberance, VIX rose on the day, testing back above 10… YTD, Trannies are up 6.5% (up 8 days […]