Author Archive: Jeremy Parkinson
Week In Review: Alibaba Bids $1.4 Billion For IKang, A Chain Of China Healthcare Clinics
Alibaba’s (NYSE: BABA) investment arm and Yunfeng Capital offered $1.4 billion to acquire iKang Healthcare (Nasdaq: KANG), a chain of private China healthcare clinics (see story). Yunfeng is a venture capital firm co-founded by Jack Ma, the founder and CEO of Alibaba. Most likely, if the deal succeeds, Alibaba will incorporate iKang’s 110 clinics into its own network of […]
Are You Prepared For The Fed 2.0?
Stocks end a volatile trading week on the edge of the lower weekly expected move. In this crucial weekend video update we review the positive trading week and look forward to what to expect next week. Watch the video now to find out the trading opportunities in store for you.
Investors Jump Back In
Let’s start with last week’s newsletter: As I noted in my blog entitled “Eating Sardines”: “For now, it is important to note the ‘bullish trend’ remains solidly intact and, therefore, we must give the ‘benefit of the doubt’ to the bulls. The market is currently in the process of building a consolidation pattern as shown by the ‘red’ triangle below. Whichever […]
Gold Prices At Risk If Fed Echoes Jerome Powell Outlook At Hike
Gold Fundamental Forecast: Bearish Talking Points: Gold prices fell to a 2-month low last week as the markets pre-positioned for the Fed Back in February, Chair Jerome Powell hinted at the chance for four hikes in 2018 Gold could be at risk next if the FOMC echoes Powell’s outlook at its March meeting Gold prices were originally up to a […]
Procter & Gamble: Is This Dividend King Interesting Again?
Procter & Gamble (PG) stock has lost 16% since it peaked, six months ago. The stock has dramatically under-performed the S&P in almost any time frame one can check out. To be sure, it has under-performed the market index during the last 5 years (2% vs. 79%!), 2 years (-5% vs. 36%) and the last […]
Emerging Markets: What Changed
Hong Kong may impose a tax on unsold apartments as an effort to increase supply and cool off the housing market. Bank of Israel’s MPC had a split vote last month for the first time in three years. South Africa President Ramaphosa said the ANC wants Julius Malema of the opposition EFF to rejoin the party. […]
SPX Closes Beneath Resistance
VIX bounced out of its Master Cycle low but closed beneath Short-term resistance at 16.49. A rally above Short-term support/resistance may put the VIX back on a buy signal. The next Cycle Top may occur in the next 2 weeks. (Bloomberg) Look out below. Risk parity funds, a popular strategy that was battered during […]
CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned
Following futures positions of non-commercials are as of March 13, 2018. 10-year note: Currently net short 271.4k, down 90.8k. Once again, 10-year Treasury yields are retreating from important resistance. Caught in a three-decade-old descending channel, the 10-year rate came very close to breaking out, rising to 2.94 percent on February 21. This was preceded by […]
6 Concrete Reasons Why Smart Investors Own Gold
Gold has always been a smart, long term investment for investors. It hasn’t been until the housing bubble crushed the stock market and volatility started to become a daily occurrence when owning gold has become a common thing. But smart investors own gold. And for good reason. In fact, in this post, I highlight 6 […]
