Author Archive: Jeremy Parkinson
The Bulls Still Have Granddad
You all remember the patriarch of the Modern Family-Granddad Russell 2000 or IWM? He gained that distinction as most of the 2000 small cap stocks in his index represent U.S. companies-an excellent barometer for the US economy and market sentiment. Its top holding is Nektar Therapeutics NKTR. That stock, in the Health care field, rocketed […]
Market Talk – Tuesday, March 20
Having seen a weak US session most Asian indices opened in the red. However, that was not to last and most recovered by the close. The SENSEX took less than an hour before it was trading positive whilst the ASX and Nikkei never actually managed a recovery. The key sector that has led the Nikkei […]
These Patterns Forecast Increasing Volatility
Video length: 00:13:41 After yesterday’s wild movement stocks had an inside day today. In this video update we review some of the patterns that are setting up in the market and key individual stocks. Watch the video now to find out how you can take advantage of the increasing volatility…
Mark Zuckerberg’s Net Worth Tumbles – Now ‘Only’ World’s 5th Richest Man
While Amazon’s Jeff Bezos walks his new dog and remains head and shoulders above everyone else in the world in terms of net worth, Facebook’s Mark Zuckerberg is sliding down the ranks to a lowly 5th on the world’s richest person list… After the carnage in Facebook’s shares, CEO Zuckerberg lost $5 billion yesterday and another […]
Recent Stock Purchase March 2018
It’s been about three weeks since my last purchase was made and sticking to my rules of consistent monthly buying I felt it was time, once again, to pull the trigger and add to my long term dividend growth portfolio. After all, the market has been giving us no clear indication of direction as we are […]
US Stock Market – The Flight To Fantasy
Divergences Continue to Send Warning Signals The chart formation built in the course of the early February sell-off and subsequent rebound continues to look ominous, so we are closely watching the proceedings. There are now numerous new divergences in place that clearly represent a major warning signal for the stock market. For example, here is […]
Top 5 Charts Of The Week – Tuesday, March 20
In this video we run through the weekly email newsletter “The Top 5 Charts of the Week” and add a bit of extra comments and context. In this week’s edition we look at the US IPO market and how the dominant share of companies going to market have negative earnings, then a look at how […]
Stocks And Precious Metals Charts – FOMC Tomorrow
‘Life is a school of probabilities.’ Walter Bagehot Stocks were largely unchanged today. There are going to be watching Jay Powell’s first FOMC meeting as Chairman when they issue their decision and guidance tomorrow afternoon. Gold and silver were off a bit, based on a stronger ‘King Dollar’ as Larry Kudlow likes to say. I […]
WTI/RBOB Extend Gains After Surprise Crude Inventory Draw
WTI/RBOB prices spiked today on OPEC chatter about how well they are doing, and extended those gains after API data showed a surprise crude draw (3.25mm build expected) and bond gasoline and distillates saw draws. API Crude -2.739mm (+3.25mm exp) Cushing +1.644mm (-200k exp) Gasoline -1.063mm Distillates -1.926mm After 6 of the last 7 weeks showing builds, […]
