Author Archive: Jeremy Parkinson
Shopify, Inc. Should Be Added To Your Growth Stock Shopping List
Written by SmallCapPower.com Shopify, Inc. (NYSE/TSX: SHOP) has been making new highs since its IPO in May 2015, rallying 140%+ in the past year alone. Is this just the tip of the iceberg? Does Shopify have more room to run? To answer these questions this article explores the near-term catalysts in Shopify’s horizon as it scales to […]
Is The US Stock Market Topping?
Here is the chart of the week: source: stockcharts.com The chart shows the 30-year treasury bond price to S&P 500 ratio. The blue circles show cyclical lows of this ratio. Note that these lows correlate with the tops printed by the US stock market (red circles), represented by the S&P 500 index. The one-million-dollar question is: […]
Long Bond, VIX, & Commodities Show Reflation Trade Is Over
The stock market had another small drawdown on Wednesday as it is down about 2.5% from its all-time high. The last 5% decline was in June 2016 which is about ten months ago. The minimal size of the stock market correction is remarkable when you look at in the context of other markets. As I […]
Agriculture Markets Report – Thursday, April 13
A review of the day’s trading in the agriculture markets. Video Length: 00:12:15
What Was Chinese Trade In March?
As with all statistics, there are discrepancies that from time to time may obscure the meaning or validity of the particular estimate in question. For the vast majority of the time, any such uncertainties amount to very little. Overall, harmony among the major accounts reduces the signal noise from any one featuring a significant inconsistency. […]
Copper Price: Tactical Bull Market Ending Once $2.50 Broken
Readers vividly remember how hot the copper market was just 2 months ago. That is when we wrote that copper’s chart looks spectacular as the metal attempted for the sixth time to break above $2.80. However, copper did not manage to go higher, even after so many breakout attempts. As it became clear that there was not […]
Stocks And Precious Metals Charts – Risk-Off – Maundy Thursday
Today was a ‘risk-off’ day in the market Some of this was due to geopolitical risks. The rest was in anticipation of a three-day weekend, with new political and geopolitical risks being anticipated. The US has to renew the debt ceiling, and despite being controlled by one party it remains dysfunctional, being sharply divided by […]
7 Things You Don’t Want To Forget When Filing Your Taxes
If you are one of the many tax procrastinators out there, you are probably finding yourself up against the rapidly-approaching deadline of April 15.However, because April 15 falls on a Saturday this year and Emancipation Day is the following Monday, the deadline to file your taxes, is Tuesday, April 18, 2017. If you haven’t done your taxes […]
The Fed Must Be Reading Us
It’s too much of a coincidence. Fed officials must be reading our work. OK, they don’t really have to be… but if they don’t, they should. It’s not that we deserve credit for what comes next at the Fed, but I was glad to read the details last week in the nitty-gritty of the Fed’s […]
PPI Services Shows No Price Pressures
Wholesale prices show continued weakness, especially services. The BLS reports PPI for Final Demand Declines 0.1% in March. Services and goods both decreased by 0.1%. Y Year-over-year prices are up by 2.3% but that is based on easy comparisons and it also includes a big jump in oil prices which barely filtered through. BLS Points The […]
