Author Archive: Jeremy Parkinson
A Very Soft Brexit In Perpetuity? It Could Be Great For The Pound
According to report, yet to be confirmed by other sources, the EU will offer the UK to stay in the EU for another two years after the expiry of Article 50 in March 2019. From then, the UK will continue its regular activity in the EU and this will last for two years, until 2021. This includes […]
One Chart Shows All The Ways A Fed Hike Could Create (Fleeting) Bouts Of Volatility
Clearly, pervasive geopolitical turmoil and utter chaos on the domestic policy front are not enough to budge volatility. The disconnect between market-based measures of vol. and the best available means we have for quantifying policy/political uncertainty is the story of the year. The reasons for this disconnect have been documented, discussed, and otherwise debated ad […]
Herbalife Buys 6.7 Million Shares Through Self-Tender Offer
Herbalife Ltd (HLF – Free Report) recently announced the final results of its self-tender offer. The offer was carried out by way of a “modified Dutch auction” and expired on Oct 5, 2017. The Depositary of this offer (Computershare Trust Company, N.A.) stated that the final count of shares repurchased is 6.7 million, acquired at a price of […]
Curve Flattens After Blistering 30Y Auction Stops Through, Highest Bid To Cover In Two Years
After yesterday’s stellar 10Y auction, today at 1pm the Treasury sold the last of three weekly auctions, by offering $12 billion in 30Y paper to eager buyers. And eager they were, with the high yield of 2.870% stopping through the When Issued 2.874% by 0.4 bps. This was the biggest strop through on a 30Y […]
Donald Trump Is Wrong About The National Debt (Again)
Here’s a very inaccurate comment by Donald Trump from yesterday: “Now, if you look at the stock market, that’s one element, but then we have many other elements. The country — we took it over, it owed $20 trillion, as you know, the last eight years they borrowed more than it did in the whole history of […]
Dividend Capture Strategy: Trade Execution Matters
One area in investing that is often overlooked by investors is trade execution, which relates primarily to commissions, bid-ask spreads, and price impact. Yet sometimes it is trade-execution alone that can make the difference between and profitable trade and an unprofitable one. In a new paper, “Ex-Dividend Profitability and Institutional Trading Skill,” by Henry and […]
Corruption In The Financial Industry: Is It Affecting Your Investments?
Introduction About half of all Americans own stocks, either individually, in pension plans, or via mutual funds/ETFs. A breakdown of their holdings appears in Table 1. Note that individual holdings are greater than their mutual funds/ETF holdings combined. Table 1. – US Individual Holdings (bil. US$) Source: Federal Reserve, Investment Company Institute There are many ways that […]
5 Overlooked Tech ETFs Crushing XLK
The technology sector has been the best-performing sector this year with the ultra-popular Select Sector SPDR Technology ETF (XLK – Free Report) gaining 26.2% in the year-to-date time frame versus the gain of 15.7% for SPDR S&P 500 (SPY- Free Report) . The outperformance came on the back of soaring FAANG stocks — Facebook (FB – Free Report) , Amazon […]
Remember CMGI?
During the Internet bubble, there was this one stock that was insanely powerful – – CMGI. It was some kind of “roll up” of little Internet companies, and the investing public went crazy about it. As the bubble was bursting, however, people began to refer to CMGI as “Can’t Make Good Investments”, and it undid pretty […]
What The Markets Need To See From Tax Reform And The Fed
(Audio length 00:13:55) David Scranton, CEO and Founder of Sound Income Strategies joins me to address the concerns he has for the markets. We touch on tax reform and how he argues we need a 20% corporate rate to hold the current gains since the election. We also talk about Fed policy and the shifting […]
