Author Archive: Jeremy Parkinson
4 Best Finance Stocks In The Market Now
The second half of 2015 was a bit challenging, but the year has seen a decent overall performance by the Finance sector. While the near-term earnings projection remains dismal, the sector is not expected to disappoint investors in the quarters ahead. This is because, the sector’s performance majorly dependents on the nation’s economic health which […]
Agriculture Stocks Fall After Irrigation Company Sees Weak Farm Economy
Shares of irrigation systems manufacturer Lindsay (LNN) are plunging after the company reported second quarter results that missed on the top and bottom lines. Lindsay’s commentary on the farming economy is sending other stocks in the agriculture sector lower. WHAT’S NEW: Lindsay reported a loss of (37c) on revenue of $120.6M, both lower than analysts […]
Global Stock Market: Did It Enter A Bear Market Or Does It Continue Its Bull Run?
2016 started really bad for markets in general, and stocks in particular. Everyone was calling for the end of the stock bull market, and the start of another 2008-alike collapse. So far, that has not materialized. Given the strong 9-week rally off the February lows, one could believe that the sell off in stocks is over, and […]
Breakout Weakening But We’re Holding Up For Now
“Living in fear is just another way of dying before your time” Drive By Truckers We saw the breakout weaken today but things still look fine. Many times we see breakout levels tested before we really accelerate higher so I’d like to see that and so far we look fine. SPY is holding and while […]
S&P 500 Snapshot: A Modest Loss In A Zombie Session
The Tuesday Yellen rally that spilled into Wednesday at a decelerating rate ended today in a zombie-like session, the narrowest intraday trading range of 2016. The S&P 500 hovered around the flat line and then inched upward to its 0.19% intraday high during the lunch hour. The index then slid rather gracefully to its -0.31% […]
Gold Daily And Silver Weekly Charts – You Ain’t Seen Nothing Yet
“Full fathom five thy father lies, Of his bones are coral made, Those are pearls that were his eyes, Nothing of him that doth fade, But doth suffer a sea-change, into something rich and strange.” William Shakespeare, The Tempest Let’s see how we do through the Non-Farm Payrolls Report tomorrow. Like most of the really big, […]
My, How Time Flies! Eight Nations Including Spain And Italy Beg For More Time To Meet Budget Rules
Fresh on the heels of a banking crisis in Italy and a “surprise” budget blowout in Spain earlier today, a group of eight countries seek a change in the way the EU calculates deficits. The countries, including Spain and Italy, want more time to meet Eurozone budget deficit requirements. Bloomberg reports Italy Leads Eight-Nation Push for […]
Can Blackberry Catch Up To Apple Or Samsung?
Photo Credit: Ben Stassen BlackBerry (BBRY) Information Technology – Computers & Peripherals | Reports April 1, Before Market Opens Key Takeaways The Estimize consensus is calling for EPS of -$0.06 on $571.81 million in revenue, 4 cents higher than Wall Street on the bottom line and $12 million more in sales Blackberry’s two newest products, the Blackberry […]
Too ‘Oily’ For USL?
The economics of oil are changing. At long last, there’s a bid under the price of West Texas Intermediate (WTI), the US benchmark crude grade. You can see that in the double bottom scribed at the $26 level earlier this year. Since the last test of support in February, WTI’s risen to toy with a […]
Are Diamonds A Junior Miner’s Best Friend?
GDXJ is going to break one way or the other pretty soon. It’s in a Diamond, which is a consolidation pattern, usually thought to have no bias between trend continuation (in this case up) or reversal. If it ends up breaking down it will have been a volatile reversal pattern that whipsawed everybody up and […]
