Author Archive: Jeremy Parkinson
French Election Concerns Send Sterling Higher
The Pound Sterling was higher across-the-board on Tuesday, and hit an 8-week peak versus the common currency Euro. Investors are jittery about the upcoming first round of voting in France’s presidential election, with the latest poll showing all four contenders in a statistical dead heat. Earlier polls had suggested that the first round of voting […]
4 Breakout Stocks Offering Amazing Returns
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Possibly one of the most preferred methods for those using an active investing approach, selecting breakout stocks promises substantial returns. This approach involves identifying those stocks whose prices are varying within a narrow […]
EC Characteristics Of US Minimum Wage Workers
As a factual backdrop for the ongoing arguments about whether or how much to raise the minimum wage, a useful starting point is the most recent version of the annual report from the US Bureau of Labor Statistics on “Characteristics of Minimum Wage Workers, 2016” (published April 2017). It begins: “In 2016, 79.9 million workers age 16 […]
JPMorgan Ups Netflix Target To $178 Following Q1 Results
JPMorgan analyst Doug Anmuth raised his price target for Netflix (NFLX) shares to $178 from $175 following last night’s Q1 earnings report. The stock in premarket trading was down 25c to $147.00. While content timing can shift subscriber additions quarter by quarter, the underlying secular trend toward Internet TV “remains very strong,” Anmuth tells investors […]
E Large Cap Best And Worst Stocks – Tuesday, April 18
The best large cap sector is utilities. The top scoring industry is cigarettes. The average large cap score is 58.16 and the score over the past four weeks averages 60.96. The typical large cap stock in our universe is trading -12.09% below its 52 week high, 2.21% above its 200 dma, has 2.56 days to […]
EUR/USD Breaks Resistance And Continues Retracement To 1.0750
EUR/USD 4 hour The EUR/USD broke above the resistance trend line (dotted red) as expected which could signal a larger retracement within wave 2 (brown). Price could head back to 1.0750-1.0775 at the 50-61.8% Fibonacci levels. 1 hour The EUR/USD break above the resistance trend line (dotted orange) which could trigger the development of an […]
Dead Cat Bounce Trade
Bear trap in the form of a dead cat bounce Yesterday proved that trying to play the short side of this market so far this month and not aggressively taking gains along the way was a futile approach. With just yesterday’s dead cat bounce, the market managed to wipe out a majority of the losses […]
Factory Output Tumbles In March – This Has Never Happened Outside Of Recession
US Industrial Production peaked in November 2014 and remains down almost 2% from those record highs (despite surging stocks). This has never happened without the US economy being in recession in history. While Industrial production headlines met expectations, factory output for March plunged 0.4% – the biggest drop since Feb 2015. Still who needs ‘production’ when we have Snapchat […]
Gold Shines On The Weekly Chart
If the latter part of 2016 was one to forget for gold bugs, the start of 2017 has certainly been one to remember with the precious metal finally finding some much needed bullish momentum. The recovery in gold, which has seen it move off the lows late 2016 and the $1130 per ounce area to […]
GNC Holdings (GNC) Beats Q1 Earnings & Revenues Estimates
GNC Holdings, Inc. (GNC – Free Report) is a leading global specialty retailer of health, wellness and performance products, including vitamins, minerals and herbal supplement products (“VMHS”), sports nutrition products and diet products. The company has a worldwide network of more than 8,900 locations. Currently, GNC Holdings has a Zacks Rank #5 (Strong Sell) but that could […]
