Author Archive: Jeremy Parkinson
The Market Is Like Spooky Groundhog’s Day
The market seems somewhat “Groundhog’s Day”ish to me. In my movie, I wake up each day in a town that is fraught with harrowing images only to discover it’s just a dream. Or is it? The landscape is filled with goblins. President Trump’s executive order on the ACA is one. Without politicizing, the highly speculated […]
How Trump Bailed Out Janet Yellen And The Federal Reserve — For Now
The biggest winner of the Trump presidency is also the most surprising: Federal Reserve Chairman Janet Yellen. After all, Yellen was a constant target for criticism by Candidate Trump, going so far as to accuse her of being “more political than Hillary Clinton.” Beyond Mr. Trump’s barbed rhetoric, pundits such as Paul Krugman predicted that Trump’s […]
Crescent Point Energy Stock Gains Likely To Continue – Here’s Why
Written by SmallCapPower.com Crescent Point Energy Corp.’s (CPG) (TSX:CPG) stock price is up nearly 12% from our initial report on August 24, 2017, trading currently at C$9.70. Despite the decent move, the stock trades at a third of its price of about C$40 in the ‘glory’ days of 2013-14, and looks significantly undervalued given its […]
HH What A Time To Be Alive And An Investor
This morning I saw the graphic below posted on social media as a marketing tool for the new Schwab 1000 Index ETF (SCHK).The intent of this message is to point out the advantageous expense ratio of SCHK in relation to its competition.The fund charges just 5 basis points per year to own the 1,000 largest […]
‘Hawkish’ Fed Minutes Crush Yield Curve To Flattest Since Start Of Last Recession
The persistent flattening of the Treasury yield curve appears to still have legs, and that may be a sign of economic trouble ahead. As Bloomberg details, on Wednesday, the minutes of the Federal Reserve’s September meeting revealed policy makers’ resolve to stick to their tightening path. The yield curve’s reaction to that un-data-dependent hawkishness is very evident… (worsened by […]
JOLTS Report Shows Modest Weakness
Fed Doubles Down On Heightened Inflation Expectations In Minutes The Fed’s Minutes were released on Wednesday. There wasn’t much new to digest. The Fed seems to be locked in with its decision to raise rates a quarter point in December. The market agrees with the Fed as there’s an 88% chance the Fed raises rates […]
How To Wipe Out Puerto Rico’s Debt Without Hurting Bondholders
During his visit to hurricane-stricken Puerto Rico, President Donald Trump shocked the bond market when he told Geraldo Rivera of Fox News that he was going to wipe out the island’s bond debt. He said on October 3rd: You know they owe a lot of money to your friends on Wall Street. We’re gonna have to wipe […]
The Market Deserves A Rest
The market deserves a rest! There are a few hints that the short-term uptrend is peaking. The bullish percents are starting to turn lower. There is a small tick higher for the new 52-week lows. NYSE Up/Down volume might be weakening. Outlook The ECRI index is pointing to weak economic growth in […]
How To Trade Google Now
Remember my post from a little over a week ago, about how to trade Google (GOOGL) successfully in the coming days? Well check it out right here. Now, I need to update you on the trade and what to do now. Here was the original chart that I posted: But now it has reached resistance, […]
Alphabet’s Waymo Said To Demand At Least $1 Billion From Uber
The legal battle between Uber and Waymo looks destined for a courtroom battle in December, based on today’s report that the ride-hailing firm has rejected the self-driving tech firm’s settlement offer. Waymo reportedly demanded more than $1 billion and a public apology from Uber Technologies. j_nnesk_sser/Pixabay Given the many problems facing the ride-haling firm, it’s hard to […]
