Gold Continues To Oscillate Despite Positive Forces
Mar 14, 2018
Jeremy Parkinson
Finance
It’s difficult at present to understand why gold is failing to respond to its traditional drivers, particularly as these are not in short supply. First geopolitical events ranging from Donald Trump’s tariffs to the Salisbury poisonings where the Russian state has been alleged to have used chemical weapons against two of its citizens. And of […]
Weekly Heating Oil Prices – Wednesday, March 14
Mar 14, 2018
Jeremy Parkinson
Finance
We’ve used data from the Energy Information Administration (EIA), which publishes price data weekly on home heating oil in 38 states by dollar-per-gallon before taxes. Unlike natural gas and electricity, home heating oil is provided by independent retailers. The latest price of home heating oil nationwide is $3.06, down two cents from last week and up 40 […]
Will The Bitcoin Price Reach $1 Million By 2020?
Mar 14, 2018
Jeremy Parkinson
Finance
It seems like a ridiculous claim. With Bitcoin crashing from a record high at the end of 2017, how could we expect a price of $1 million or above? Anti-virus software pioneer John McAfee is extremely optimistic about the future of cryptocurrency, suggesting that the bitcoin price will continue to skyrocket and hit $1 million by […]
EC
March Madness Eve
Mar 14, 2018
Jeremy Parkinson
Finance
With the heart of college basketball’s biggest tournament set to kick-off tomorrow, you can bet that a lot of traders will be looking to make sure they have access to the games at their desks (or via their phones). Before the age of mobile devices and streaming, it used to be that if you wanted […]
Checking In On The Four Intersecting Cycles
Mar 14, 2018
Jeremy Parkinson
Finance
Correspondent James D. recently asked for an update on the four intersecting cycles I’ve been writing about for the past 10 years. Here’s the chart I prepared back in 2008 of four long-term cycles: Generational (political/social) Price inflation/wage stagnation (economic) Credit/debt expansion/contraction (financial) Relative affordability of energy (resources) The key point that’s not communicated in the […]
5 Top Stocks To Make The Most Of March Madness
Mar 14, 2018
Jeremy Parkinson
Finance
March Madness grips the market again. Ardent fans are gearing up to cheer their favorite basketball team and brackets are made. The annual National Collegiate Athletic Association (NCAA) tournament is quite a challenge for sports analysts when it comes to predicting the winner. Picking the right stocks is equally dicey as investors might either win […]
Here Comes The Main Event: Trade War With China, And What Is Section 301
Mar 14, 2018
Jeremy Parkinson
Finance
The recently announced global steel and aluminum tariffs (with various exemptions) by the Trump administration were just a (Section 232) preview of the main event: Trump’s imminent trade war with China, which as Credit Suisse previews, will be unveiled any moment in the form of tariffs and restrictions on trade with China, reportedly in retaliation […]
Tesla Drops As Repo Becomes Second Executive To Depart In Less Than A Week
Mar 14, 2018
Jeremy Parkinson
Finance
Shares of Tesla (TSLA) dropped in morning trading following a report that said a top financial executive is leaving the company, the second executive departure in less than a week at the electric car maker. LATEST EXECUTIVE DEPARTURE: Susan Repo, Tesla’s corporate treasurer and VP of finance who joined the company in 2013, has departed […]
Zai Lab A Short Ahead Of Lockup Expiration
Mar 14, 2018
Jeremy Parkinson
Finance
March 19, 2018 concludes the 180-day lockup period on Zai Lab Ltd. (ZLAB). When the lockup period ends for Zai Lab, its pre-IPO shareholders and insiders will be able to sell large blocks of previously-restricted stock for the first time. This group of shareholders includes eight individuals and five corporate entities. (Source: F-1/A) A likely […]
3 Canadian Licensed Producers That Are Making Headlines This Week
Mar 14, 2018
Jeremy Parkinson
Finance
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. The cannabis sector recorded mixed movements as the overall market was under pressure yesterday and investors are closely watching these movements after the recent developments. Canada’s recreational marijuana market is expected to open […]