Gold Price Flat Before Fed, Oil Price Rises On Lower Stockpile
Mar 16, 2016
Jeremy Parkinson
Finance
Oil rose after inventory data from the American Petroleum Institute showed on Tuesday that crude stockpile rose by 1.5 million barrels last week, about half of what was expected. Official production and inventory figures will be released by the U.S. government’s Energy Information Administration on Wednesday. This inventory data is expected to show a fifth straight week […]
Investors Pull Most Money From Oil Funds In Over 2 Years As Bears Return
Mar 16, 2016
Jeremy Parkinson
Finance
Amid the last two weeks of exuberant short squeeze in crude oil (and anything energy related), investors pulled over $400 million from USO (the largest oil ETF). This week’s $348 million outflow is just shy of the record $354 million outflow in Dec 2013. As these outflows hit so bullish positions in oil ETFs have been […]
Daily Market Analysis – 3/16/2016
Mar 16, 2016
Jeremy Parkinson
Finance
Video length: 00:02:01 During the course of the day on Wednesday, we have a huge amount of announcements from various countries around the world, and that of course will move the markets all over the place. With this, we pay special attention to the FOMC Meeting Minutes, as people are starting to question whether or […]
This Stock Yielding 60% Could Hand Investors Huge Returns
Mar 15, 2016
Jeremy Parkinson
Finance
Although it yields 60%, it is not at risk of going bankrupt and even has the potential to hand investors a whopping 100% or more total return in 2016. Those are numbers that are hard to ignore, and investors would be wise to look into this investment opportunity. The energy sector crash has resulted in some interesting/intriguing/perplexing/scary […]
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There’s A ‘Changing Of The Guard’
Mar 15, 2016
Jeremy Parkinson
Finance
There’s a ‘changing of the guard’ underway this year; and it’s characteristics are not yet accepted by some of the ‘old Guard’, well beyond our own borders. It is seen in Canada, where the shift has already occurred; pending Europe where leaders are stunned that the post-War multicultural harmony didn’t homogenize to the degree political […]
5 Mid Caps For Momentum Investors
Mar 15, 2016
Jeremy Parkinson
Finance
One of the best ways Momentum investors can find stocks before others do is to screen for short term momentum signals. Today I used Barchart to sort the S&P 400 Mid Cap Index stock first for the most number of new highs in the last month, then again for a Trend Spotter buy signal. Next I used […]
John Hussman’s Healthy Fourth Quarter Investments: General Electric Company And PepsiCo, Inc.
Mar 15, 2016
Jeremy Parkinson
Finance
With consumer emphasis shifting to health consciousness, many companies are increasing their focus on health-related segments and products. Investors such as John Hussman have also been cashing in on this trend. John Hussman, hedge fund manager of Hussman Strategic Advisors Inc, has recently made some changes to his holdings. According to TipRanks, his current portfolio value is […]
“Art Of The Deal” Says Dril-Quip Is 15% Overvalued
Mar 15, 2016
Jeremy Parkinson
Finance
Ever since oil prices fell from their Q2 2014 peak I have been predicting Dril-Quip’s DRQ demise. Offshore E&P has dried up and it will eventually hurt the company’s top line. The company generates 69% of its revenue from subsea equipment sales. Q4 revenue from that segment was flat sequentially after having fallen 13% in […]
Here Comes The Big Flush—Recession Pending, Fed ‘Put’ Ending
Mar 15, 2016
Jeremy Parkinson
Finance
Talk about sheep being led to the slaughter. The S&P 500 is up 11% from its February 11th intra-day low (1812) because Wall Street still has inventory to unload. That much is par for the course. Yet the signs of an impending macroeconomic and profits implosion are now so overwhelming that it is truly remarkable that there are any bids left […]
EURUSD: Hesitates Ahead Of Key Support
Mar 15, 2016
Jeremy Parkinson
Finance
EURUSD: Having EURUSD continued to hold on to its broader correction, a move higher is envisaged despite its pullback attempts. Support lies at the 1.1100 level. Further down, support lies at the 1.1050 level where a violation will aim at the 1.1000 level. A break of here will aim at the 1.0950 level. Conversely, on […]