Author Archive: Jeremy Parkinson
4 Growth ETFs & Stocks To Bloom In Spring
As the spring season kicked off, economic activity across all the sectors are likely to step up, injecting fresh optimism in both business and consumer confidence. The housing and transport sectors in particular gain momentum with demand building up over the frigid winter for new homes and transportation, which is a barometer of broad economic […]
Q1 GDP Crashes To 0.6%: Latest Atlanta Fed Estimate
Earlier today we said that following the abysmal January spending data revision as shown in the chart below: … that “the Atlanta Fed will have no choice but to revise its Q1 “nowcast” to 1.0% or even lower, which would make the first quarter the lowest quarter since the “polar vortex” impacted Q1 of 2015, and the […]
A Top In Place For Oil & SPX?
Stock markets rebounded solidly from their lows of February 11th, 2016, making new multi-month highs, earlier last week. The SPX rescinded 0.7% by the end of last week. These market gains can be attributed to the very bullish decisions of the European Central Bank (ECB) and the FED Central Banks.On March 10th, 2016, the ECB […]
The CAC 40 Prepares To Breakout Ahead Of News
Trading is closed for the CAC 40 today, however traders are looking forward to the resumption of trading this week with a series of high importance economic events. Euro CPI figures and Unemployment data for Germany are set to be the major fundamental drivers for European stocks and exchanges this week. In addition, traders should watch for […]
An Investor’s Compendium Of Wall Street Wisdoms
Over the last 30-years, I have endeavored to learn from my own mistakes and, trust me, I have paid plenty of “stupid-tax.” However, it is only from making mistakes, that we learn how to become a better investor, advisor or portfolio manager. In the media, there is a select group of investors and portfolio managers that are […]
Is PTLA Sell-Off An Overreaction?
On Thursday, Portola Pharmaceuticals (PTLA) dropped almost 30% after the company’s Phase III study of extended-duration betrixaban failed to achieve primary endpoint in first cohort. The study was designed to assess the relative risk of the two therapies as measured by a composite endpoint of ultrasound-detected (asymptomatic) proximal deep venous thrombosis (DVT), symptomatic DVT, non-fatal pulmonary […]
S&P 500 And Nasdaq 100 Forecast – March 28, 2016
S&P 500 The S&P 500 fell on Thursday, but bounced off the 2020 handle. However, on Friday we had the Good Friday holiday so of course there was no trading. This is a market that looks like it is ready to continue going higher so we can break above the top the hammer for the […]
Gold Recovers Losses After Overnight “Flash-Crash”
Amid a post-holiday Asian open, gold futures were flash-crashed as someone decided it was an opportune time to trade over $275 million worth of the precious metal. Since hitting those China open lows at $1206, gold has rallied back to unchanged near $1223…
Quiet Trade To Be Dominated By Data
In a quiet trading session given that many of the globe’s financial markets are closed today, it will likely be data which drives the currency pairs. Ahead today, markets will be anxiously awaiting release of US core inflation data, which is a key piece of information used by the Federal Reserve to determine monetary policy. […]
Two Trade Anomalies
It is widely recognized that the sharp depreciation of the Japanese yen has not lifted Japanese export volumes. In December 2015, Japanese export volumes had fallen 4.4% year-over-year after rising 3.9% in December 2014 and 2.5% in December 2013. These are a number of explanations for this counter-intuitive result given the yen’s past depreciation. First, global demand is weak. Second, has […]
