Author Archive: Jeremy Parkinson
Stocks Going Ex Dividend The First Week Of December 2017
Here is our latest update on the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only […]
Housing Market Review – A Tax-Driven Day Of Angst Transforms Into Another Unrelenting Rally
The last Housing Market Review covered data reported in October, 2017 for September, 2017. At the time, I lamented having too small an exposure to home builders while the entire sector rallied nearly non-stop. I was counting on seasonal patterns to deliver at least one buyable dip ahead of the seasonally strong period starting in November. […]
Bitcoin Tops $11,000 Again – Becomes World’s 6th Largest Currency In Circulation
After ‘crashing’ earlier in the week, Bitcoin soared in the last 24 hours following confirmation from the CFTC that it has approved regulated futures (and options) trading on CME, CBOE, and Cantor. This sent the price back above $11,000 and shifted the cryptocurrency to become the sixth most-circulated currency in the world. Bitcoin had, by all accounts, […]
ETF Stories Of November: All About Retail, OPEC And Tax Cuts
The month of November was pretty eventful, as expected. A consensus carried out from 1950 to 2016 shows that November ended up offering positive stock returns in 44 years and negative returns in 23 years, per moneychimp.com, with an average return of 1.38%. But upbeat global economic events help U.S. equity gauges to score even higher […]
Economic Data And Forecasts For The Weeks Of December 4 And December 11
Here are my forecasts for upcoming economic data. Forecast Prior Observation Consensus Week of December 4 December 4 Factory Orders – October -0.4% 1.4 -0.4 Durable Goods Orders -1.2 2.0 Nondurable Goods Orders 0.4 0.8 […]
E SPX Ramps Higher; Dollars Slumps And Gold Consolidates
VIX challenged its mid-Cycle resistance at 14.54 this week, breaking out above its November 15 high at 14.51. It has since made a 62% retracement. A further breakout above the Ending Diagonal trendlne suggests a complete retracement of the decline from January 2016, and possibly to August 2015. (Bloomberg) The “VIX Elephant” has awakened. […]
I Have Doubts About Bitcoin
Bitcoin and the blockchain technology are wonderful inventions; its anonymity, decentralized technology and speed of transaction just to mention a few features that have aroused supporters. The extension of competition into the domain of money that it represents is perhaps even more welcome, coming as it does after almost a century of completely dominant fiat […]
PulteGroup – Chart Of The Day
Today’s Chart of the Day belongs to PulteGroup (PHM). Last night, I was discussing with Carole of Melbourne Beach all the different ways I used Barchart to select the Chart of the Day and how useful all of their sorting tools are.Today I used Barchart to sort the Russell 3000 Index stocks first for the most frequent number of new highs […]
The Market Rotation, The Volatility, And The Fear That Resides
Stocks across the board reached a fever pitch this past week. For the first time in 3 years the S&P made a 2 standard deviation weekly move. You must watch this crucial video market update to find out what to expect next week and the one indicator to watch like a hawk next week. This […]
Week In Review: Walgreens Boots Alliance Spends $420 Million For China Pharmacy Presence
Walgreens Boots Alliance (Nasdaq: WBA), a global retail pharmacy chain, will pay $420 million to acquire a 40% stake in Sinopharm Holding GuoDa Drug Store Co, the largest retail pharmacy chain in China (see story). GuoDa is a subsidiary of state-owned Sinopharm, the largest pharmaceutical company in China, and it is the industry’s revenue leader for the past […]
