Busted Biotechs Week Ending 3/18/16: The Only Good News Could Be Holding The February Bottom
Mar 20, 2016
Jeremy Parkinson
Finance
Busted Biotechs are Still Lagging the Market There is very little do with biotech stocks especially now that other sectors are outperforming. Here is the sector performance over the past month and since the February 11 bottom: IBB one month down 4% with 240-270 channel intact. Large cap focus. XBI one month down 0.94% in middle of […]
How Relevant Is The Improvement On The Charts?
Mar 20, 2016
Jeremy Parkinson
Finance
Surprising Clarity When We Take A Step Back Video Length – 00:34.09
Is It Time To Buy India Or Other Emerging Markets?
Mar 20, 2016
Jeremy Parkinson
Finance
We have said repeatedly that India is by far our favorite play in the world of emerging markets, among several articles it was also explained here. Basically, there are two reasons which explain our above average interest for India. First, its economy is growing approximately 6% per year, according to data over 2015. Second, it has […]
Insider Weekends – March 20, 2016-Edition 300
Mar 20, 2016
Jeremy Parkinson
Finance
Insider buying more than doubled last week with insiders buying $269.24 million of stock compared to $103.49 million in the week prior. Selling on the other hand decreased with insiders selling $1.33 billion of stock last week compared to $2.15 billion in the week prior. Sell/Buy Ratio: The insider Sell/Buy ratio is calculated by dividing the total insider sales […]
March 21st 2016 – Daily Market Analysis Video
Mar 20, 2016
Jeremy Parkinson
Finance
The markets in general won’t have much to focus on Monday, as there isn’t much in the way of announcements. That being the case, we could very well see a continuation of the overall longer-term trends. 1 – It appears that the precious metals markets are ready to pull back a little bit, but quite frankly we […]
Gold Consolidates With Upside Bias
Mar 20, 2016
Jeremy Parkinson
Finance
With Gold retaining its broader uptrend, further bullish offensive is expected. On the downside, support comes in at the 1,240.00 level where a break will turn attention to the 1,230.00 level. Further down, a cut through here will open the door for a move lower towards the 1,220.00 level. Below here if seen could trigger […]
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National Oilwell Varco: Wave Goodbye To The Dividend
Mar 20, 2016
Jeremy Parkinson
Finance
National Oilwell Varco NOV is known as one of the best-managed oilfield services companies in the business. Management’s cost containment efforts and pristine balance sheet have buoyed the company amid the rout in oil prices. I have been an NOV bear for over year now, claiming the stock was overvalued given its earnings prospects. However, […]
Why Investing In Silver Is Vastly Superior To Investing In Gold Right Now
Mar 20, 2016
Jeremy Parkinson
Finance
When panic and fear dominate financial markets, gold and silver both tend to rapidly rise in price. We witnessed this during the last financial crisis, and it is starting to happen again. Because I am the publisher of a website called The Economic Collapse Blog, I am often asked about gold and silver when I do […]
Chart Of The Day: S&P 500 Sector Buybacks
Mar 20, 2016
Jeremy Parkinson
Finance
In the last five-years, the US corporate sector has gone aggressive in terms of share buybacks with $2.3 trillion worth buybacks during this period. The chart below shows the sectors that have contributed the most to the buyback spree in these five years. In terms of buyback yield (LTM ended September 2015), the industrials sector has a yield of […]