Author Archive: Jeremy Parkinson
Friday Saw A Sharp Reversal-Off Of Its Intraday Lows
My Swing Trading Approach I added one new swing-trade position to the portfolio on Friday. I will raise the stop-loss to protect profits, and if the market can add to Friday’s gains, I will look to add more long exposure. Getting short is still on the table. Indicators VIX – Bears stepped in and crusted volatility […]
Friday’s Bounce Gave Bulls Some Hope, Stocks At A Crossroads, Or A Cliff?
The main U.S. stock market indexes were mixed between -0.3% and +1.1% vs. their Thursday’s closing prices on Friday, following lower opening of the trading session and an intraday bounce off support levels. The S&P 500 index closed 0.5% higher, and it is currently trading 6.3% below January 26 record high of 2,872.87. The Dow Jones […]
Markit Services PMI: Growth Accelerates In February
The February US Services Purchasing Managers’ Index conducted by Markit came in at 55.9 percent, up 2.6 from the final January estimate of 53.3. The Investing.com consensus was for 55.9 percent. Markit’s Services PMI is a diffusion index: A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Here is the opening from the […]
Will Alteryx Tap Into The Hyperactive Startup Pool?
According to IDC, the worldwide market for Big Data and analytics software reached approximately $49.1 billion in 2016 and is expected to grow at a five-year CAGR of 10.6%. Within the broader business analytics software market, Billion Dollar Unicorn Alteryx (NYSE: AYX) addresses the business intelligence and analytic tools, analytic data integration and spatial information analysis markets that accounted […]
Fed Spooking Markets
Video Length: 00:28:40 Professional trader Gregory Mannarino says the new Fed Head, Jerome Powell, caused the market to sell-off last week, not Trump tariff talk. Powell blurted out in Congressional testimony that the “U.S. is not on a sustainable fiscal path.”Mannarino explains the truth bomb Chairman Powell dropped, “I think this guy was nervous.I think […]
Options Basics: Risk And Diversification
The winners in options trading are those who manage the risk within their portfolio. You must always monitor and protect your capital as if you lose your capital you will be out of the game. Proper risk management starts with trading diversification and discipline to stick with your trading plan. There are generally two types […]
Interest Rates Correlation With Equity Prices? Its Complicated
Markets were mulling familiar themes last week. Will a wider U.S. twin deficit change the rules for the dollar and treasuries and is elevated volatility here to stay in equities? Judging by last week, the answer would be: probably and yes. The contemplation over these stories, though, were interrupted by politics. Mr. Trump announced announced […]
Initial Coin Offerings: Five Reasons Why They Are A Raging Success
Welcome to the cryptocurrency age! We are currently in an era when the modern-day currency is slowly losing its essence. This is all down to the mammoth rise of cryptocurrencies over the past few years. It all kickstarted when the BitCoin was introduced a few years ago. What made this concept so appealing? There is […]
Bear Of The Day: Big Five Sporting Goods (BGFV)
Big Five Sporting Goods (BGFV – Free Report) is a sporting goods retailer in the western US, operating 435 stores in 11 states. They product lines include athletic shoes, apparel, accessories and a broad selection of outdoor and athletic equipment. Disappointing Results The retailer reported weak results. Net sales for Q4 fell to $242.9 million from $266.3 million […]
The Rising Interest-Rate Trend
The rising interest-rate trend in the US isn’t new and isn’t related to the Fed’s so-called “policy normalization” program. However, it has only just started to matter. That the rising interest-rate trend isn’t new and isn’t related to the Fed’s rate-hiking efforts is clearly illustrated by the following chart. This chart shows that the US […]
