Author Archive: Jeremy Parkinson
Opportunity In The Midst Of A Relentless Rally
Stocks explode higher surpassing the expected moves for the SPX and Nasdaq for the week. In this video we explore what’s driving the market higher and what are the opportunities. Watch this crucial weekend video update to find out.
Bulls Run On Yellen’s Easy Money
Let me update the discussion in last week’s missive “Bears Gain On Bulls:” “The last couple of weeks have experienced a sharp rise in price volatility. While stocks have vacillated in a very tight 1.5% trading range since the beginning of June, there has been little forward progress to speak of. However, notice that support at 2415 […]
Yen Bears Press While Canadian Bulls Charge
It may prove to be among the largest weekly adjustments to speculative positioning in the currency futures this year. In the CFTC reporting week ending July 11, speculators added 34.2k contracts to their gross short position, lifting it to 152.9k contracts. This gross short position is the largest in two years. The gross long position was […]
LinkedIn Says The Labor Market Is Strong
The chart below supports my point that the ADP private sector payrolls report was too negative on the labor market. As you can see in the chart below, the LinkedIn (LNKD) hiring rate in June is up 12.1% year over year as it remains at the highest level in the past 24 months. The past […]
FANG ETF Takes Performance Chasing To The Next Level
We’ve finally hit peak “FANG”. The acronym used to describe a handful of high growth stocks including Facebook (FB), Amazon (AMZN), Netflix (NFLX), and Google (GOOGL). It’s a way for market watchers and CNBC aficionados to easily reference these big winners without overtaxing their jaw muscles. All four of these household names have gained more […]
How Dividend Income Can Be Part Of A Strong Retirement Plan
The following is a guest blog post: Retirement planning is more than just your savings and your social security compensation; you must look at every asset you have and make it work in your favor to produce the most capital and create the most comfortable retirement life possible—especially as you reach your retirement years and […]
Week In Review: BGI Genomics Completes $81 Million Chi-Next IPO
Deals and Financings BGI Genomics, a Shenzhen sequencing and diagnostics company, completed an $81 million IPO Friday on Shenzhen’s Chi-Next exchange, offering 40.1 million shares at 13.64 RMB per share (see story). BGI surged in open market trading, rising 32% to an initial limit, where it was halted temporarily, and then climbing further to 19.64 RMB […]
So Market, Do You Think You Can Dance?
Percolating Hotrods, bouncing Lowriders, euphoric Crows, patient Dogs-all bits from last week’s Daily titles. Cars, crows and dogs converged on Friday to trip the light fantastic as the Dow, S&P 500 and the Transportation Sector made new all-time highs. DIA, SPY and IYT danced to every song the band played. A Santa Fe phenomenon that […]
Don’t Chase Yield: How To Value Great Dividend Growth Stocks
This is a guest post from Tom Vilord of Wall Street Value. If you have some cash to allocate into stocks, it is very difficult to find opportunities in this market. As I write this article (July 12, 2017), I received a CNBC text alert that the Dow just hit another record high. With such high […]
The Longer-Term Trend – Saturday, July 15
I’m still not sure what to think about the medium-term trend, but clearly the market is on a path that points higher as the weekly chart shows. The Long-Term Outlook This chart is a concern. The ECRI and the M2 growth rate have been ticking lower week after week. But then again, both have been […]
