Author Archive: Jeremy Parkinson
First Solar Is Blazing A Trail Higher
Monday, March 19 was a wretched day for the markets and an even worse day for the technology sector. With Facebook leading the way (down), the Nasdaq dropped nearly 2% on very high turnover – a strong sign of institutional selling. The carnage left very little to pick through, but First Solar looked mighty impressive. […]
The Real Basis For These ‘Rate Hikes’
Tomorrow, it is widely expected that the FOMC will vote for another 25 bps “rate hike.” The long end of the UST curve is already just as unenthused as ever, while the short end expects higher yields on money substitutes. The result is the very familiar collapse in the yield curve, one that like both […]
Weather Helps Natural Gas Find Support
After a day of selling yesterday, the entire natural gas strip recovered today with the prompt month contract bouncing a bit less than a percent. Gains from the October 2018 through the March 2019 contracts were decent as well, coming close to canceling out losses from yesterday. The winner on the day ended up being […]
FANG Check-Up After Facebook Struggles
Facebook (FB) has had a rough start to the trading week as shares have dropped from $185 down to $168 in what seems like the blink of an eye. With the drop, we wanted to see how Facebook and other FANG+ names look in our popular Trend Analyzer tool. To do this, we’ve simply set up a […]
Stocks To Trade: PayPal, Paccar, NetEase
Wednesday’s stock picks Take a look at three trading ideas to prep you for the next trading session. Long PayPal (PYPL) Long Paccar (PCAR) Short NetEase (NTES)
E Home Depot Offers Potential 9.65% Return In 30 Days For Bullish Traders
Like most stocks Home Depot (HD) has taken a bit of a beating lately. Since late January, the stock has declined from $205 down to $178, a drop of over 13%. However, the stock is holding above the key $175 level and also above the rising 200 day moving average which sits around $167. Traders […]
Juniper Pharmaceuticals – Chart Of The Day
The Chart of the Day belongs to Juniper Pharmaceuticals (JNP). I found the drug stock by using Barchart to sort today’s Top Stocks to Own list first by the highest Weighted Alpha, then I used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 1/4 the stock gained 128.44%. Juniper Pharmaceuticals, […]
Tech Selloff & Fed Meeting Put These ETFs In Focus
The week started with a brutal stock market session as major benchmarks finished the day in deep red. The S&P 500 and the Nasdaq logged their worst day since Feb 8 while the Dow Jones Industrial Average fell more than 400 points its biggest fall since Mar 1, in Monday trading. In fact, the steep […]
Peak Gold? No: Peak Gold Production? Perhaps
Some claim we have reached peak gold. It depends on what one means by the term. Perhaps we have reached peak production. Last September, Bloomberg reported We’re Reaching Peak Gold. The world may have already produced the most gold in a year it ever will, according to the chairman of the World Gold Council. Production is […]
