Author Archive: Jeremy Parkinson
The Risk Is Not In The Bulls Favor
My Swing Trading Approach I’m not against adding new positions to the portfolio, but right now, the risk is not in the bulls favor. A near-term pullback at some point is likely, which will create better entry prices. Keep moving up those stops! Indicators VIX – Popped again yesterday for a third straight day, but gave […]
Kodak Soars 77% On News It Will Launch “KodakCoin” Cryptocurrency
Kodak wants in on the hype. It announced its own cryptocurrency today, the KodakCoin. Today Kodak hopped aboard the Crypto Bandwagon with a “major blockchain initiative.” The company and WENN Digital announced Tuesday the launch of the KODAKOne image rights management platform and KODAKCoin, a photo-centric cryptocurrency. For its part, Kodak acknowledged in its press release that […]
2018 Could Be Another Knockout Year For Emerging Europe
Domestic stocks were a great place to invest in 2017, but hopefully, you didn’t overlook opportunities overseas. Emerging markets had a gangbusters year, surging more than 37.5 percent with dividends reinvested, as measured by the MSCI Emerging Markets Index. A combination of rising PMIs—or the purchasing manager’s index I talk so often about—and a steadily […]
Five Airline Stocks Likely To Beat Q4 Earnings Estimates
Its earnings time again! This is the time when the investor community is busy comparing estimates with actual outcomes. Prior to the releases, investors would look to add stocks that have the potential to surpass earnings expectations in the quarter. This is because an earnings beat positively impacts the stock price. Given this backdrop, the […]
Cash Is Flooding Into Cybersecurity
“Follow the money.” That’s what the profs in college used to say in my investigative reporting classes years ago. It’s also an effective way to think about investing. When cash is flooding into a class of stocks, they all move higher, and your job as an investor becomes a lot easier. That’s the situation at […]
Financial Sector Earnings Reports On Deck
Less than 100 companies will report earnings between now and next Friday, but this week mark’s the official kick-off to the Q4 2017 earnings reporting season. Below is a list of the 30 largest companies set to report between now and January 19th. As you can see, the bulk of large-cap companies set to report […]
JPMorgan Healthcare Day One Notes: Weak Start Despite Positive Updates
Weak Start for Biotech Stocks on 1/8/18-Red Screen Day Positive Updates on BIIB CELG GILD etc Biotech ETFs Firm Up about 1.5% Tuesday AM JPMorgan Healthcare Conference Biotech stocks abruptly sold off at the market open yesterday with the XBI down 2% to the $85.31 level and the IBB down 1.33% to $108.37. Apparently, the 9000 […]
Global Stocks Are The Most Overbought Since Right Before 1987 Bloodbath
While world stocks are on their longest streak (without a 5% correction) in history, the last few weeks have seen that exuberance accelerate with MSCI World now at its most ‘overbought’ since the summer of 1987… and we know what happened next. But this global euphoria is ‘trumped’ by the melt-up in US stocks, and as Bloomberg reports, John […]
AUD/USD Price Rally Vulnerable-Pullback To Offer Opportunity
AUD/USD Daily Chart Technical Outlook: AUD/USD is carving out a well-defined monthly opening range just below a key near-term resistance range at 7887/98– this region is defined by the 61.8% retracement of the September decline & the October swing highs and converges on basic slope resistance extending off the 2017 high. The immediate advance is at risk […]
Silver Is A Metal To Watch In The New Year
The price of silver is up 10% in three weeks. That’s unusual for silver right now. We only saw silver rise 10% within a month four times this year. The last time it rose 10% in three weeks was almost a year ago. Like gold, 2016 was a strong year for silver. The price soared […]
