Author Archive: Jeremy Parkinson
Chipotle Tanks On New Food Contamination Scare
Shares of Chipotle (CMG – Free Report) plummeted 6.82% through early afternoon trading on Tuesday amid news that a Washington, D.C. area location closed this morning after some customers reported norovirus-like symptoms. Business Insider first reported that the fast-casual Mexican grill closed a Sterling, Virginia location after customers reported symptoms such as vomiting, diarrhea, dehydration, and nausea. The […]
Hot Options Report: End Of Day – Tuesday, July 18
Most Active Equity Options And Strikes For The End Of Day, July 18, 2017
Medtronic: A Dividend Aristocrat With Double-Digit Payout Growth Potential
Medtronic (MDT) is one of the largest medical device makers in the world and, with 39 consecutive years of dividend growth, one of the venerable dividend aristocrats here. Even more impressive? Over the last 39 years, Medtronic has rewarded income investors with 18% annual dividend growth, making it not only highly reliable, but also one of the […]
Someone Is Getting Impatient: The Price Of VIX Convexity Just Hit An All Time High
When it comes to the VIX, it is (almost) safe to say that virtually everything that could be said about the market’s record low volatility, its causes, and where it may or may not go from here, has been said. For those blissfully unaware of the market’s mind-numbing complacency and boredom, last week the VIX […]
European Shares Slump Most This Month As Euro Soars, Gold Hits Two-Week High
European shares closed sharply lower on Tuesday, falling the most this month as the euro approached its May 2016 peak on the way to levels last seen in 2015. As Bloomberg notes, only 1 out of 19 Stoxx 600 sectors rose. Investors are of course concerned that the stronger euro will weigh on earnings and […]
United Posts Q2 Earnings And Revenue Beats
United Continental Holdings (UAL – Free Report) released its second-quarter fiscal 2017 financial results, posting earnings of $2.75 per share and revenues of $10 billion. Currently, UAL is a Zacks Rank #1 (Strong Buy) and is down 3.68% to $76.00 per share in trading shortly after its earnings report was released. United: Beat earnings estimates. The company […]
HUL Beats Street Estimates And Top Cues In Action Today
BSE Sensex lost 364 points in yesterday’s trade amid weak international market. Losses were largely seen in FMCG and realty stocks. Asian Markets Tumble on US Healthcare News… Asian markets ended yesterday’s trade on a negative note as the US dollar weakened. The dollar sank on news that two additional Republican senators had opposed the Republican health-care bill. Investors were now […]
S&P 500 Snapshot: Another Record High
The S&P dropped within hours of opening and rose through the day to close at another all-time high. The index saw a daily gain of 0.06% and a YTD gain of 9.91%. The U.S. Treasury puts the closing yield on the 10-year note at 2.27%. Here is a daily chart of the S&P 500. Today’s […]
A Pull Back In SPY Is Coming
SPX Monitoring purposes; Covered short on 7/6 at 2409.75=gain 1.2%; Short SPX 6/26/17 at 2439.07 Monitoring purposes Gold: Neutral Long Term Trend monitor purposes: Neutral Friday the Equity Put/Call ratio (CPCE) closed at .53. CPCE readings .55 and less predict a lower market 88% of the time in the next five days with an average […]
Market Rates – Tuesday, July 18
The chart below is a look at the short-term trend. It looks healthy, but I’m still a skeptic. The 50-day, shown in red, is the line in the sand. If we break that, I’ll be raising more cash. I still think that the Semiconductors are critical for the market. At the moment, this chart looks […]
