Tesla Inc. Stock: Bulls And Bears Battle Over EV Infrastructure
Oct 10, 2017
Jeremy Parkinson
Finance
Tesla Inc. (TSLA) stock is off and running out of the gate this morning after one perma-bull raised his price target for what he sees as the company’s biggest competitive advantage. He believes that the EV maker’s Supercharger infrastructure and Gigafactory combine to create that advantage: EV infrastructure. Blomst / Pixabay However, another firm also weighed in on […]
Will Dow ETFs Continue To Shine In Q3 Earnings?
Oct 10, 2017
Jeremy Parkinson
Finance
While Wall Street is scaling multiple highs on Trump’s pro-growth reforms, the Dow Jones Industrial Average has been an outperformer since election last year. This is because a strong rotation in leadership in the large-cap domestic space has benefited Dow Jones more than its other large-cap counterparts like the S&P 500. Notably, the Dow Jones […]
US Dollar: It Ain’t Over Till It’s Over
Oct 10, 2017
Jeremy Parkinson
Finance
“It is in the nature of the human being to seek a justification for his actions.” ― Aleksandar Solzhenitsyn Despite the rising probability, along with increasing sentiment and real positioning, suggesting the US dollar cyclical bull market rally is over (ending with the peak in early January 2017 labeled 5 of III below), the jury […]
Alibaba’s Bigger Than Amazon (Again)
Oct 10, 2017
Jeremy Parkinson
Finance
For the first time since June 2015, Alibaba is now bigger (in market cap) than Amazon.com… As Bloomberg notes, after 831 days, Alibaba Group Holding Ltd. has regained the title of the world’s biggest e-commerce company. The Chinese retailer surpassed Amazon.com Inc. Tuesday as the U.S. retail giant’s stock continued to stall after second-quarter earnings missed estimates and the merchant […]
Can We Blame The New Iphone’s Mediocrity On Inflation?
Oct 10, 2017
Jeremy Parkinson
Finance
Apple (AAPL) held its 10th anniversary iPhone press event on 9/12. As expected, the tech giant released new iterations of their decade-old smartphone as well as the new iPhone X. Whereas the media has focused on innovation and technology, the event also tells another story: how the company uses the perception of innovation as a strategy […]
The Profoundly Personal Impact Of The National Debt On Our Retirements
Oct 10, 2017
Jeremy Parkinson
Finance
In this analysis we will take a look at something deeply personal – which is how the $20 trillion United States national debt may change the day-to-day quality of life for savers and retirees in the decades ahead. That is likely a somewhat unusual perspective for many savers and investors. On the one hand, we […]
Nigeria’s Economy To Grow By 0.8%
Oct 10, 2017
Jeremy Parkinson
Finance
The International Monetary Fund on Tuesday predicted that Nigerian economy will grow at 0.8 percent in 2017 and 1.9 percent in 2018. Nigeria, the largest economy in Africa contracted by 1.6 percent in 2016 due to global oil glut that eroded 70 percent of its foreign revenue. However, the economy emerged from recession in the second quarter […]
The Most Active Equity Options And Strikes For Midday – Tuesday, Oct. 10
Oct 10, 2017
Jeremy Parkinson
Finance
The most active equity options and strikes for midday are: INTC, CZR, FCX, BAC, JNJ, AAPL, PFE, NVDA, UAL.
Is USDJPY Rolling Over?
Oct 10, 2017
Jeremy Parkinson
Finance
Although US fundamentals remain firmly positive, USDJPY has failed to respond to the data, rejecting the 113.00 level and falling through the 112.00 figure in morning US dealing today. Aside from the usual geopolitical tensions between the US and North Korea, there seems to be something greater that is worrying the market and when there […]
Eli Lilly Drops After Verzenio Fails To Meet Primary Endpoint In Phase 3 Study
Oct 10, 2017
Jeremy Parkinson
Finance
Shares of Eli Lilly (LLY) dropped in morning trading after the large-cap drugmaker said its drug to treat non-small cell lung cancer failed to meet its primary goal in a clinical trial. Separately, the stock was downgraded at Credit Suisse and an analyst at BMO Capital said he has concerns about its results in fiscal […]