Author Archive: Jeremy Parkinson
Gold Rises In Asia Trade
Gold prices ended Monday’s session up 0.4% at $1233.76 an ounce on growing perception that the U.S. central bank may be less willing to lift borrowing costs for a third time this year. Confirming that the previous resistance at $1228, which was broken on Friday, now flipped to support encouraged buyers and pushed prices higher […]
Global Asset Allocation Update: Not Yet
There is no change to the risk budget this month. For the moderate risk investor, the allocation between risk assets and bonds is unchanged at 50/50. There are no changes to the portfolio this month. Growth and inflation expectations rose somewhat since last month’s update. The change is minor though and within the range of […]
Stocks Watchlist: AMZN, CELG, ASH
Today’s stock picks Long Amazon (AMZN) Long Celgene (CELG) Short Ashland Global (ASH)
Rydex Trader Bullishness Surpasses 2000 Tech Bubble
Jason Goepfert at SentimenTrader—the definitive source for sentiment data on stocks, bonds, and commodities—has been tweeting out a few warnings signs regarding “excessive optimism” in the stock market, so we decided to have him back on Financial Sense Insider for an update. The last time we spoke with Jason Goepfert was in May of 2015 where he explained that most sentiment […]
Sensex Plunges 240 Points; ITC Stock Price Crashes
Asian equity markets are lower today after a muted session on Wall Street and a mini-crash in Chinese stocks yesterday that some have deemed a “Black Monday” on the mainland. The Shanghai Composite is off 0.31% while the Hang Seng is down 0.21%. The Nikkei 225 is trading down by 0.63%. US equities fluctuated on Monday as investors geared up […]
Not Happening
Podcast: Play in new window | Play in new window (Duration: 13:15 — 7.6MB) DOW – 8 = 21,629 SPX – 0.13 = 2459 NAS + 1 = 6314 RUT + 2 = 1431 10 Y – .01 = 2.31% OIL – .54 = 46.00 GOLD + 5.30 = 1234.70 BITCOIN – 1.51% = 2210.29 USD ETHEREUM + 6.95% […]
Bull-Dog Of The Dead
Perhaps you came to the market this morning all dressed up and rearing to go. By the end of the session, ahead of earnings on many significant stocks (NFLX numero uno), you might have left like this bulldog of the dead. Last week, the market ended poised for something big and bigger. The Dow, S&P 500 […]
58.Com – Chart Of The Day
The Chart of the Day belongs to a turnaround stock called 58.com (WUBA). I found the on-line retailer by using Barchart to sort today’s Top Stocks to Own list first by the most frequent number of new highs in the last month, then again by technical buy signals of 80% or better. Since the Trend Spotter signaled a buy on 7/7 […]
World Markets Update – Monday, July 17
All eight indexes on our world watch list have posted gains for 2017 through July 17. The top performer thus far is India’s BSE SENSEX with a gain of 20.46%, followed by China’s Hang Seng not far behind at 20.32%. In third is our own S&P 500 with 9.84%. The Last Four Weeks The tables […]
