Author Archive: Jeremy Parkinson
Med Tech Stocks Dip As Citi Raises Specter Of Amazon Competition
Shares of medical technology companies are trading lower after a Citi analyst said that Amazon (AMZN) is coming for the medical technology sector “sooner than you think.” AMAZON EFFORTS IN MEDICAL SUPPLIES: Citi analyst Amit Hazan said in a research note that Amazon is likely further ahead in accessing the medical supply chain than it […]
Tableau Fails To Deliver Growth
Gartner estimates the global business intelligence and analytics market to be worth $18.3 billion this year. The market is expected to grow 7.6% annually over the next two years to become a $22.8 billion industry by the end of 2020. Data analytics firm Tableau (NYSE: DATA) recently reported its quarterly results and its growth is […]
Venezuela Officially Defaults; Annual Inflation 2689 Percent: When Does The Military Take Over?
Electricidad de Caracas, a Venezuelan state-owned electric company, officially defaulted on a $650 million bond payment. The company was already a month late on its payment before the trustee, Wilmington Trust, issued a statement. Meanwhile, Professor Steve Hanke notes annual inflation is 2689%. CNBC reports Venezuela Utility Defaults as Judgment Day Looms for State Oil Giant. […]
Pharma Stock Roundup: AstraZeneca’s Q3 Earnings, Roche & Merck Drugs Get FDA Nod
Earnings remained in focus this week with companies like AstraZeneca (AZN – Free Report) reporting third quarter results. Meanwhile, companies like Roche (RHHBY- Free Report) and Merck & Co., Inc. (MRK – Free Report) were in the news due to regulatory updates. Recap of the Week’s Most Important Stories Mixed Results from AstraZeneca: AstraZeneca’s third quarter results were mixed with the […]
EC Are You Feeling Low On Energy? Or Is It Just Natural Gas?
Energy and Healthcare are two sectors that have not participated in the Great Bull Market that followed the Great Recession. Both have been ignored as investors flocked to Tech and Financials (including REITs and business development companies – BDCs – for yield). On a valuation basis, I believe Energy offers the best opportunities to buy […]
Markets: More Of The Same
My core market health indicators bounced around a bit this week, but they’re all still positive.
Advanced Micro Exploded Higher The Past Couple Of Years
Semiconductors have been on a tear for years, particularly with cryptocurrency fever bleeding into the sector. One firm has absolutely exploded higher the past couple of years – Advanced Micro Devices – but, looking at the long-term picture, you can see a more troubling trend (if you’re a bull). I shorted AMD a couple of days ago, […]
GBP/JPY To 152?
Sterling turned out to be the best performing currency this past week thanks to a beginning of the week and end of week rally. There was actually very little in the way of U.K. data except for Friday when the currency was propelled higher by stronger industrial production and trade balance. There was also […]
Gold Investment Stalled
Gold has largely been drifting sideways for the better part of a couple months now, sapping enthusiasm. Gold investment demand has stalled due to extreme stock-market euphoria. Investors aren’t interested in alternative investments led by gold when stocks seemingly do nothing but rally indefinitely. But once stock-market volatility inevitably returns, so will gold investment demand […]
Bearish “Shooting Star” Forming On Bitcoin
Further to my last post of October 20 and update of November 2, a bearish “Shooting Star” candle formation is in the making on this Monthly chart of BITCOIN…warning signs that we could see a further sell-off to, potentially, the 5000 level, which is the nearest support level. Volatility is no stranger to this crypto-currency, as price has plunged nearly 1400 points in […]
