Precious Metals Report – March 29, 2016
Mar 29, 2016
Jeremy Parkinson
Finance
Ira Epstein leads us through the day’s precious metal highlights. Video Length: 00:09:07
You Don’t Want To Get Caught Shorting These 5 Stocks This Earnings Season
Mar 29, 2016
Jeremy Parkinson
Finance
Photo Credit:Sarah Marshall As the door closes on another earnings season, investors can relax for a few weeks until the next one begins. Fourth quarter earnings were largely disappointing with far and few names able to make a splash. However, it hasn’t been so bad for everyone and ahead of Q1 earnings a number of […]
UBS Continues To Say Sell Tesla Ahead Of Upcoming Model 3 Launch
Mar 29, 2016
Jeremy Parkinson
Finance
Noting that Tesla Motors’ (TSLA) stock had rallied 60% between February and yesterday’s close, UBS warned investors that it does not believe that the appreciation in the stock’s price is supported by the company’s fundamentals. The firm kept a Sell rating on the shares ahead of the company’s much-anticipated unveiling of its “mass market” Model […]
SP 500 And NDX Futures Daily Charts – Painting The Tape For The End Of Quarter
Mar 29, 2016
Jeremy Parkinson
Finance
Today the U.S. stock markets decided to celebrate the lack of a sustainable recovery and the slumping global economies of the world. Janet Yellen sparked a brushfire rally in a dull market. Yesterday was the lowest trading day of the year in terms of volume. But I suspect this is all about getting the SP […]
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Risk On Or Risk Off? Big Picture Suggests The Latter
Mar 29, 2016
Jeremy Parkinson
Finance
One way to gauge the well-being of stock assets is to examine all of the 1900-plus stocks listed on the New York Stock Exchange. We can do this by evaluating the progress of the NYSE Composite Index. The first item worth noting is that stock assets have struggled to make any progress since late October of 2013 […]
Runaway Move Closer To Being Confirmed
Mar 29, 2016
Jeremy Parkinson
Finance
While all the technical traders have been busy assuring me I’m wrong and the stock market is about to crash we see again today that technicals are useless as the market comes out of 7 year cycle low. Quit wasting your time following these people. The perma bear deflationists will just continue to get it […]
Measuring The Effect Of Yellen Yap: “Ooh Wee Baby, I Sure Show You A Good Time”
Mar 29, 2016
Jeremy Parkinson
Finance
Earlier today Fed Chair Janet Yellen made a speech to the Economic Club of New York on The Outlook, Uncertainty, and Monetary Policy. In her speech,Yellen was Lovey-Dovey Citing “Other Tools” and More QE. Let’s explore the effect of Yellen’s newfound lovey-doviness on interest rate hike expectations and other financial assets. Rate Hike Odds September Rate Hike Odds […]
3 Stocks Under $10 For Double-Digit Gains
Mar 29, 2016
Jeremy Parkinson
Finance
Buy shares in these three companies that are about to rally from their undervalued lows. Trading for under $10 each, these stocks are much too cheap for their growth prospects. In my last column I noted that I am becoming increasingly cautious on equities after the recent rally in the market. My cash allocation is […]
The Easiest Way For The Bullish Case To Improve
Mar 29, 2016
Jeremy Parkinson
Finance
Since the stock market bottomed in February, OPEC has talked about the possibility of capping oil production and central banks have assisted with accommodative measures and statements. Central banks and OPEC jawboning are a major portion of the bull/bear tug of war; another relates to economic fundamentals. From CNBC: U.S. equities will need strong earnings results […]
Biotech Stock Soars On Vaccine Discovery
Mar 29, 2016
Jeremy Parkinson
Finance
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. BriaCell Therapeutics Corp. (TSXV: BCT) (OTCMKTS: BCTXF) shares powered 177% higher to $0.36 on Tuesday after the immuno-oncology biotechnology company announced that it has discovered a gene signature potentially explaining why its BriaVax cancer […]