Author Archive: Jeremy Parkinson
Melco Resorts & Entertainment – Time To Cash In Your Chips
Source: Melco Crown Entertainment We are closing out our bullish call on Melco Resorts & Entertainment (MLCO) and are moving to a neutral posture. Since we made our bullish call on MLCO 2 months ago, the stock has appreciated from $16.06 to a recent price of $21.70, for a gain of about 35%. While we […]
Most Active Stock Options For End Of Day – Wednesday, April 26
Most Active Stock Options For End Of Day April 26, 2017
PayPal Inc. Skyrockets After Earnings Beat, Guidance Boosted
PayPal released its latest earnings report after closing bell tonight, posting adjusted earnings of 44 cents per share on $2.98 billion in revenue. Analysts had been expecting $2.93 billion in revenue and 41 cents per share in earnings. In last year’s first quarter, the digital payments processor reported non-GAAP earnings of 37 cents per share […]
Market Talk- April 26, 2017
Strong US earnings are matching or indeed breaching expectations and the DOW is reflecting the confidence. Well, that is how the mainstream opinion feels – which is always good to know. Asia followed the momentum with the core reflecting strong daily returns. The Nikkei closed another 1% higher, this time with the Yen continuing to […]
Stocks Stumble As Treasury-Bill Curve Inverts. ‘Animal Spirits’ Slump
So to sum up – US testfires a Nuke, Govt Shutdown looms, Trump Tax plan is a wishlist with no details, Canadian mortage lenders collapse, and animal spirits tumble – stocks close unchanged… so we thought this would help… Bonds and Bullion were bid after the Trump Tax plan was unveiled and banks and stocks sank… […]
Clean Energy Stock Canadian Solar Breakout Candidate In 2017
Canadian Solar is a small cap clean energy stock trading on the Nasdaq. It has a market cap of $800M. The stock closed today 0.07% higher. In April 2017, though it went up 15%. The company offers photovoltaic energy solutions across the globe. Interestingly, the clean energy stock market sector rallied sharply in 2013 on the prospects […]
Sell EUR/USD Pre-ECB
The EUR/USD’s inability to sustain its gains above 1.0930 bad news for the currency. The ECB meets tomorrow and chances are Mario Draghi will take the opportunity to emphasize the central bank’s dovishness. Although most of the recent economic reports from the Eurozone have been positive, the central bank’s hands are tied because inflation […]
How Reliant Is Each U.S. State On Foreign Trade?
Foreign trade, as a % of GDP for each state: How Reliant Is Each U.S. State on Foreign Trade? Whether it is lashing out on China for unfairly weakening its currency, or calling out “unfair” government subsidies on Canadian softwood lumber, it’s safe to say that re-opening discussions about foreign trade has become a key […]
The ETF Industry ETF
It was only a matter of time before someone created an ETF to track the ETF industry. With last Thursday’s introduction of the ETF Industry Exposure & Financial Services ETF (TETF), that time has come. The event prompted multiple reactions, including “what took them so long?”, “are there really enough ETF stocks for an index?”, […]
3 Strong Buy Mid-Cap Growth Mutual Funds For Your Portfolio
Investors interested in high returns can choose to invest in mid-cap funds that come with lesser risk than small-cap funds. Mid-cap funds are not susceptible to volatility in broader markets. This makes these funds ideal bets given the erratic macroeconomic conditions in recent years. Also, when capital appreciation over the long term takes precedence over […]
