Author Archive: Jeremy Parkinson
Ackman Sells Entire Stake In Valeant Pharmaceuticals Intl, Inc. – Stock Plunges
Written by BNN.ca Billionaire investor William Ackman walked away from Valeant Pharmaceuticals Intl Inc. (NYSE: VRX) on Monday, with a roughly $3 billion loss after he sold his entire stake in the ailing drug company despite trying to rescue it for some 18 months. Ackman’s Pershing Square Capital Management disclosed the exit in a press release […]
Will Mid-March Madness Maul The Stock Market In 2017?
Many of the 2017 economic headwinds I’ve described will hit during the Ides of March, just as the Trump Rally shows signs of topping out. Likely a correction is looming. I think the bear is about to be let out of his cage. Chaos emerged in emerging-market stocks last week, bond prices plummeted (yields rose to match their last 2016 high), stock-market volatility rose, and […]
Tentative Gains
Not a whole lot to say about today. The Semiconductor Index gained nearly 1% as it pushed a new multi-year high, but most of the gains were achieved by the open and it didn’t add too much after that. However, it did keep shorts at bay for another day (resistance remains former channel support). Aside […]
Corcept Therapeutics – Chart Of The Day
Summary 14 new highs and up 27.78% in the last month 100% technical buy signals Earnings estimated to increase 53.80% next year Corcept Therapeutics (CORT) Incorporated is a pharmaceutical company. It is engaged in the discovery, development and commercialization of drugs for the treatment of severe metabolic, psychiatric and oncologic disorders. The company focuses on […]
How To Trade Oil Futures (Brent Vs. WTI)?
Exploring the difference between /CL or WTI futures and /BZ or Brent oil futures. How to trade them? Video Length: 00:04:43
Select Comfort Corporation Is A Top Upgrade
Select Comfort (SCSS) is our top-rated upgrade this week and it is a BUY. Our other picks are also BUY-rated stocks. NOTE: There were not five stocks with complete valuation and forecast data this week, so we included Posco-ADR and Omega Protein in our list despite the fact that they do not have valuation data. […]
It’s Long Past Time To Cut Corporate Tax Rates
The centerpiece of President Trump’s tax plan is a 15 percent corporate tax rate. Republicans in Congress aren’t quite as aggressive. The House GOP plan envisions a 20 percent corporate tax rate, while Senate Republicans have yet to coalesce around a specific plan. Notwithstanding the absence of a unified approach, you would think that the stage is set for a […]
SNAP Back To Reality?
Today marked a very slow trading day on light volume. In tonight’s video let’s talk SNAP. If you want to trade this stock here are some tips that will save you money. Also, don’t expect the rest of the week to be slow. Here’s what to expect by Wednesday… Video Length: 00:07:10
Stocks And Precious Metals Charts – Snow Day Tomorrow
“The world would be better off if people tried to become better, And people would become better if they stopped trying to be better off. For when everyone tries to become better off, nobody is better off. But when everyone tries to become better, everyone is better off. Everybody would be rich if nobody tried […]
REITs, Rates, And Returns
Interest rates are on the rise and Real Estate Investment Trusts (REITs) have been struggling. The iShares U.S. Real Estate ETF (IYR) has fallen nine straight days, the longest streak since its inception in 2000. If you listen to the pundits, they will tell you that rising rates are the culprit. You’ll often hear that higher […]
