Author Archive: Jeremy Parkinson
Harsco Go Go
Another nice “bomb” today from my collection of shorts (I think I mentioned this once yet again yesterday) Harsco………nice trendline failure!
Go FANG Yourself
Bull markets are annoying. Not because I hate making money. I like making money. But they’re annoying because the whole time the stock market is going up there is a group of people making excuses for why it’s all irrational. Consider this list of narratives for instance: Quantitative Easing manipulated stock prices. Low interest rates […]
Snap Resumes Post-Earnings Plunge Despite Revelation Of Tencent Investment
Shares of Snap (SNAP) fell sharply in after-hours trading last night after Snapchat’s parent reported disappointing third quarter results, with a revenue and Daily Active Users miss, leading several analysts to downgrade the stock. While Snap would go back up earlier this morning after disclosing a 10% stake was taken by China’s Tencent (TCEHY), the […]
What’s The Future For Coal?
from the St Louis Fed The use and production of coal is on the decline, pressured by cheap natural gas and policies to promote cleaner sources of energy. In a recent article in The Regional Economist, Regional Economist Charles Gasconand Senior Research Associate Jonas Crews took a deeper look at the future of coal production as a source for […]
Apple Inc. Stock Roars To New High… And $900B Valuation
Apple Inc. (Nasdaq: AAPL) stock touched a new record high of $175.78 on Wednesday, carrying the company’s market capitalization past the $900 billion mark for the first time ever. Apple is the first company to achieve such a valuation, although it has been on track to hit $900 billion since its earnings report last week. ElisaRiva / Pixabay […]
Crypto Chaos As Bitcoin Drops $800 From Spike Highs
Having surged higher to almost tagged $7900 on the heels of news that the SegWit2x ‘hard fork’ would be suspended, Bitcoin has now crashed back to $7100.. before surging back to $7400…
Baby Boomer Employment Across Time – Wednesday, Nov. 8
With the release of the September employment report, let’s review the status of the 20th century Baby Boom, which was one of the most powerful demographic events in the history of the United States. The chart below illustrates the 19-year surge in births following World War II that stretched from 1946 through 1964. The boom […]
How Much Is Too Much: Oil’s Upside Target
Crude oil’s price continues to soar in a sharp manner, but no asset can move in a straight line without periodic corrections so even if crude oil’s price was about to rally tens of dollars (which doesn’t appear so likely to be seen this year, but that is a discussion for a different day), one […]
