VIX Options Trading Spikes On Mueller’s ‘Monkey Wrench’
Dec 01, 2017
Jeremy Parkinson
Finance
Well, market participants are scrambling around on Friday in a futile effort to try and determine how to handicap the Flynn bombshell while simultaneously trading the tax news. “The [Flynn] news doesn’t impact the future of tax legislation,” KBW’s Brian Gardner insists in note out this morning, adding that “Flynn [will have] little, if any, impact […]
Why I Would (Reluctantly) Vote Yes On The Tax Plan
Dec 01, 2017
Jeremy Parkinson
Finance
At the risk of discrediting this article before it even begins I am going to pretend that I am an Independent Senator in the USA considering the current GOP tax plan. If you’re still reading – in my perfect world a sweeping tax plan includes many of the no-brainer policies that I’ve discussed in the past. This […]
ISM Manufacturing Index: Business Conditions Expanded In November
Dec 01, 2017
Jeremy Parkinson
Finance
Today the Institute for Supply Management published its monthly Manufacturing Report for November. The latest headline Purchasing Managers Index (PMI) was 58.2 percent, a decrease of 0.5 percent from 58.7 the previous month. Today’s headline number was slightly below the Investing.com forecast of 58.4 percent. Here is the key analysis from the report: The report was issued today by […]
Flynn Against Trump: Can EUR/USD Reach 1.20? Levels
Dec 01, 2017
Jeremy Parkinson
Finance
Former Trump confidant Michael Flynn has turned against the President and this is rattling markets. Stocks, bond yields, and the dollar are falling quite a bit. Flynn has agreed to testify against Trump and according to the reports, he will say that Trump knew about his dealings with Russia just before the President was inaugurated. This comes […]
Ambarella Rises After Reporting Quarterly Earnings Beat Expectations
Dec 01, 2017
Jeremy Parkinson
Finance
Shares of Ambarella (AMBA) are rising after the semiconductor design company reported better-than-expected earnings and offered guidance on Thursday. EARNINGS: After the market close on Thursday, Ambarella, a major supplier to camera maker GoPro (GPRO), reported third-quarter earnings per share of 75c on a revenue of $89.1M, exceeding analyst estimates of 67c and $88.97M, respectively. […]
Is Job Disruption Historically Low In The US Economy?
Dec 01, 2017
Jeremy Parkinson
Finance
Discussions of how advances in technology, trade, and other factors lead to disruption of jobs often seems to begin with an implicit claim that it was all better in the past when the assumption seems to be that most workers had well-paid, secure, and life-long jobs. Of course, we all know that this story isn’t […]
5 Top-Performing Leveraged ETFs Of November
Dec 01, 2017
Jeremy Parkinson
Finance
Wall Street witnessed another solid month although concerns over the tax delay and high yield bonds’ sell-off triggered nervousness in the first half. The Dow Jones and the S&P 500 notched eighth straight month of gains, rising 3.6% and 2.6%, respectively. Hopes of the tax reform bill being passed as well as rounds of upbeat […]
Will Your Portfolio Survive The Apocalypse?
Dec 01, 2017
Jeremy Parkinson
Finance
Obviously, I don’t mean a literal apocalypse (the stock market certainly won’t matter then), but rather investors who prepare for the absolute worst-case in the stock market that’s more aligned with how bad things got about 10 years ago during the great recession. I was inspired by this piece from Investopedia which discusses the elements necessary […]
51 Firms Going Ex-Dividend Next Week, Including Wal-Mart, Kohl’s And General Motors
Dec 01, 2017
Jeremy Parkinson
Finance
There are several well known large cap stocks going ex-dividend next week including the following seven Top 100 Dividend Stocks: Fluor, Kohl’s, Schlumberger, Mosaic, Wal-Mart, Occidental and Traveler’s. Ex-dividend dates are important to dividend investors because one must own a stock on its ex-dividend date in order to be eligible to receive its next dividend. Any stock ranked by […]
The Way Master Limited Partnerships Can Earn You Huge Dividends
Dec 01, 2017
Jeremy Parkinson
Finance
There is a disconnect between the market and a major source of dividend income for investors — MLPs, or Master Limited Partnerships. Master Limited Partnerships are publicly traded companies that enjoys the tax benefits of partnerships. That means most of the company’s cash goes to the partners — in this case, the shareholders. Most MLPs […]