Navient Declares Second Quarter Common Stock Dividend
Apr 04, 2016
Jeremy Parkinson
Finance
WILMINGTON, Del., April 04, 2016 (GLOBE NEWSWIRE) — Navient (Nasdaq:NAVI), the nation’s leading loan management, servicing and asset recovery company, announced today that its board of directors approved a 2016 second quarter dividend of $0.16 per share on the company’s common stock. The second quarter 2016 dividend will be paid on June 17, 2016, to […]
The (Non)Appeal Of More Debt
Apr 04, 2016
Jeremy Parkinson
Finance
While continuing to tout an economic recovery that is being missed by far too many, the government and economists say one thing and then move toward the other. The unemployment rate claims one economic version that is talked about openly, but then there are “little things” that various official capacities seek to carry out suggesting […]
Gold Daily And Silver Weekly Charts – Midnight Train To Georgia
Apr 04, 2016
Jeremy Parkinson
Finance
“This elite-generated social control maintains the status quo because the status quo benefits and validates those who created and sit atop it. People rise to prominence when they parrot the orthodoxy rather than critically analyze it. Intellectual regurgitation is prized over independent thought. Voices of the dispossessed, different, and un(formally)educated are neglected regardless of their […]
Work Five More Years… And Increase Your Income 117%
Apr 04, 2016
Jeremy Parkinson
Finance
Paranoia is sweeping an entire generation, and it’s all about the fear of waking up broke in our 80s. (Spoiler Alert: I’m going to show you why it doesn’t have to be that way…) Most baby boomers are coming to the painful realization that retirement isn’t going to be about sleeping in late and crossing […]
Is This Where The Market Starts To Sell Off At?
Apr 04, 2016
Jeremy Parkinson
Finance
I am a little bit surprised the the market has shown no willingness to follow through on Friday’s rally off the the lows. So far today it has simply been a steady decrease in price across all the indices and stocks in general. In fact the decliners are holding a 3:1 advantage over the advancers, […]
Typical Early Week Action
Apr 04, 2016
Jeremy Parkinson
Finance
“The successful warrior is the average man, with laser-like focus.” –Bruce Lee We kicked the week off on a bit of a weak note but then support levels held well and we began to bounce back. We’ve got nice gains in all our positions so my stops are a bit loose since I’m trying to […]
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Overbought, Oversold, And The Great Paradox In Markets
Apr 04, 2016
Jeremy Parkinson
Finance
“Overbought!” “Oversold!” There’s not a day that goes by without a pundit using one of these powerful words to support an existing bias. Most interesting, some pundits use the term “overbought” to further a bullish outlook while others use it to justify a bearish outlook. The same is true with the term “oversold.” Unfortunately, there’s […]
4 Growth Stocks That Appear Promising This Earnings Season
Apr 04, 2016
Jeremy Parkinson
Finance
Time flies and how. It seems as if we had just stopped discussing the fourth quarter of 2015 and now it’s almost time to gear up for the next earnings season. However, not much has changed about the financial markets, which have been quite volatile so far this year. With the first-quarter 2016 earnings season […]
SP 500 And NDX Futures Daily Charts – Rise And Shine, Perhaps Another Day
Apr 04, 2016
Jeremy Parkinson
Finance
The financial class tried to whistle up an add-on rally today on ‘better than expected’ economic numbers that were rather dismal in fact. And so stocks drifted lower again today after the initial rally attempt on lackluster volumes. Earnings season is just around the corner. Let’s see if the continuing transfer of wealth from the […]
Russia Relies On Gold To Push Reserves Back Over $380 Billion
Apr 04, 2016
Jeremy Parkinson
Finance
Whether you define gold as a barbarous relic, a pet rock, “tradition”, or “doomed”, Russia surely refers to it as a saving grace. As Russia’s foreign reserves dwindled to just under $350 billion in early 2015, many predicted Russia was going to burn through all of their reserves in the not too distant future as they dealt […]