Author Archive: Jeremy Parkinson
What Money Flow Is Telling Us About The Stock Market
March is historically strong for the stock market, but many traders are worried that the highly volatile period of February will continue. We have seen some very choppy price movements on a daily basis, which is typical after such a heavy volatility run, but money flow is looking very strong. Here’s what I’m seeing in […]
Most US Jobs Added Since At Least 2000
Labor Force Participation Rate Even though I’ve already done two articles on Friday’s labor report, there’s still more to unpack. The ADP report showed 235,000 jobs added. For an apples to apples comparison with the BLS report, you look at the private payrolls. Month over month, the private payrolls were up 287,000. While both will be revised, […]
Goldilocks Vs. The Bears: Is She In The Room Or Out Of The Room?
Let’s investigate belief in Goldilocks vs belief in Bears. John Rubino at DollarCollapse says A Bull Market For The History Books — Bear Market To Follow Shortly. Why the current expansion/bull market has so long is open to debate. What’s undeniable, though, is the vast amount of malinvestment that has accumulated. The biggest example might be […]
Betting On Ripple To Challenge Bitcoin: Think Twice
Written by Crypto Guru In terms of market cap, Ripple occupies the second spot among all cryptos with an impression valuation of $128 billion. That valuation sits above that of Airbnb, Uber and Slack put together and we need to factor in a pocket change of $20 billion. Ripple was also the best performing all cryptocurrencies in 2017 […]
There’s Nowhere To Hide
One of the questions that was front and center headed into 2018 was whether diversification was going to be harder to come by in an environment where bonds, stocks and credit were the most simultaneously expensive they’ve been in damn near 100 years. While the stock-bond return correlation has been reliably negative for some two […]
CarMax, Inc: Why Mar Vista Investment Partners Loves This Stock
Mar Vista Investment Partners is a California-based investment management firm that recently published its Q4 investor letter (you can download a copy here). The investor discussed its investment thesis on two companies, XPO Logistics and CarMax, Inc (NYSE:KMX) in the letter. We’ve already covered Mar Vista’s thoughts on XPO Logistics. In this article we’re going to focus on Mar Vista’s comments about […]
E Is Canadian Household Debt Really At Risk?
Canada seems to be the favorite poster child for international financial agencies, as yet another report identifies Canada, along with China (and its sister territory, Hong Kong) as the “economies most at risk of a banking crisis”, according to the Bank of International Settlements (BIS).[1] The BIS says risks are growing in Canada because households […]
Mirati Therapeutics – Chart Of The Day
The Chart of the Day belongs to Mirati Therapeutics (MRTX). I found the biomedical stock by using Barchart to sort today’s New 52 Week High list first for the highest Weighted Alpha, then I used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 1/10 the stock gained 60.69%. Mirati Therapeutics, […]
Dow Struggles Continue As Tech Breakouts Hold
There wasn’t a whole lot going on today which was different to Friday. Breakouts in the Nasdaq, Nasdaq 100 and Semiconductor Index remain in effect while the Dow Jones Industrial average took an early hit in profit taking but on lighter volume. Relative performance remains particularly ugly. The Semiconductor Index, Nasdaq and Nasdaq 100 […]
