Author Archive: Jeremy Parkinson
Amazon Smashing Nasdaq To New Record Highs
Amazon shares are up a stunning 12.5% this morning after ‘blowout’ earnings…smashing Nasdaq to new record highs… To new record highs… Looks to us like this was a ‘catch-up’ trade to the global liquidity glut… And finally… “probably nothing”
Swing Trading Strategy Report – Friday, Oct. 27
My Swing Trading Approach Strength in the pre-market, will look to add another position to the portfolio today. Indicators VIX – Traded, surprisingly, higher for a 4th consecutive day. Expect it to get squashed today. T2108 (% of stocks trading below their 40-day moving average): Down nine of the last ten tradning sessions. Here is my write up […]
CenturyLink (CTL): Can The Level 3 Acquisition Save The Dividend?
In today’s era of historically low interest rates, telecom service providers such as AT&T (T) and Verizon (VZ) are often viewed as some of the best high dividend stocks for income thanks to their highly stable, recession-resistant, and subscriber-based business models. While that may be a good strategy for blue chip names in the industry, it typically […]
Strong Growth? Q3 GDP Only Shows How Weak 2017 Has Been
Baseball Hall of Famer Frank Robinson also had a long career as a manager after his playing days were done. He once said in that latter capacity that you have to have a short memory as a closer. Simple wisdom where it’s true, all that matters for that style of pitching is the very next […]
ECRI Weekly Leading Index: WLIg Up Again
Today’s release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 145.9, down 0.6 from the previous week. Year-over-year the four-week moving average of the indicator is now at 4.67%, up from 4.15% last week. The WLI Growth indicator is now at 2.8, up from 2.2 the previous week. “Consensus […]
Snap Fail: Three Ticking Time Bombs About To Detonate
Yesterday I ripped Blue Apron (NYSE: APRN), which is imploding only a few months after its IPO. I’m angry that the IPO ever occurred. The same goes for the Snap (NYSE: SNAP) IPO. Snapchat’s viability as a social media platform is quickly waning. The supposed “heir to the throne” of social media managed to grow […]
Significant Developments In The Precious Metals Market: Where We Go From Here
As the U.S. Stock Market Bubble continues upward toward a giant pin, there are some interesting developments that precious metals investors will find quite interesting. Yes, there’s still a lot of life left in the precious metals, even though pessimistic market sentiment has frustrated a lot of gold and silver investors. Also, even though precious […]
Berkshire-B Big Bearish Reversal Ahead
Back in July when BRK-B was trading around 171$ I wrote an article saying that the upside was not finished and that price should go towards the 184-199$zone to complete wave 5. Price has reached this area. So far the form of the rise in BRK-B is almost identical to text-book formations….too good to be true? Well it is […]
45 Firms Going Ex-Dividend Next Week, Including Unilever, Wells Fargo And Morgan Stanley
There are several well known large cap stocks going ex-dividend next week including the following five Top 100 Dividend Stocks: Realty Income, CMS Energy, Unilever, Wells Fargo and Eaton Corporation. Ex-dividend dates are important to dividend investors because one must own a stock on its ex-dividend date in order to be eligible to receive its next dividend. Any stock […]
U.S. Economy Sustains Growth Above 3% In 3Q
The U.S. economy grew at a faster pace in the third quarter of the year to sustain broad increased in productivity recorded in the second quarter. Gross domestic product expanded at a 3 percent annualized rate, according to the Commerce Department report released on Friday. This is higher than the 2.6 percent projected by economist […]
