BTL Group’s Stock Hitting Major Support
Jul 23, 2017
Jeremy Parkinson
Finance
BTL Group (BTLLF) is one of our favorite blockchain stocks. It rose to $7.20 only 6 weeks ago. Since then, the stock has retraced and is hitting major support right now. The $4.50 price level must hold, and the chart shows why. There is a strong correlation between BTL Group’s stock price and the cryptocurrency market. As cryptocurrencies […]
US Bond Market Week In Review: Memo To The Fed: Prices Just Aren’t An Issue
Jul 23, 2017
Jeremy Parkinson
Finance
For the duration of this expansion, the Federal Reserve has continually predicted an increasing pace of inflation. While their overall rate of projections has trended somewhat lower during the last five years, they still believe inflation will be somewhat higher in the next 12 to 18 months. The data does not support their projections. The […]
Tech Or Financials, Which Sector Will Outperform? Goldman Answers
Jul 23, 2017
Jeremy Parkinson
Finance
Ok, so it’s Sunday morning and writing about finance is always a tough sell on Sunday mornings. You have to toe the line between putting something out that’s meaningful, but also easily digestible, because no one wants to think too hard. On that score, I was saving Goldman’s latest “US Weekly Kickstart” piece, because while […]
Forget Netflix, Buy These 4 Dividend Growth Stocks Instead
Jul 23, 2017
Jeremy Parkinson
Finance
Netflix (NFLX) stock rose 10% after the company’s July 17th earnings report, as the Internet streaming service added more than 5 million subscribers last quarter. Consumers are cutting the cord, and Netflix has taken full advantage. Its share price has rocketed as a result. Consider that, on July 20th, 2012, Netflix stock closed at $11.69 per share. […]
The Future Of Medicine In 2037
Jul 23, 2017
Jeremy Parkinson
Finance
An important determinant of “where medicine will be” in 2035 is the set of dynamics and forces behind healthcare delivery systems, including primarily the payment method, especially regarding reimbursement. It is clear that some form of reform in healthcare will result in a consolidation of the infrastructure paying for and managing patient populations. The infrastructure […]
Loonie Tunes: Closing The Book On A Short Gone Horribly Wrong
Jul 23, 2017
Jeremy Parkinson
Finance
Last Friday, when the weekly CFTC data was released, we learned that in the week through July 11, specs had trimmed their CAD shorts by 30,375 contracts to just 9,581. You probably don’t care one way or another about the loonie, but that was notable – as in “big league” notable. Why? Simple: because it was just two […]
Fed Rattle Or Help The S&P 500? DAX In Danger, Nikkei Coiling
Jul 23, 2017
Jeremy Parkinson
Finance
Fundamental Forecast for equity indices: Neutral S&P 500 Last week, was a relatively uneventful one with fundamental catalysts in short supply. This coming week we have the FOMC rate decision on Wednesday, but with expectations set that the Fed will keep rates steady attention will be on any language changes in the policy statement. Yellen has […]
US Equity And Economic Week In Review: Hey – It’s More Modest Growth
Jul 23, 2017
Jeremy Parkinson
Finance
This was a light economic news week for the U.S. economy. The most important news came from the Conference Board, which released the latest LEI and CEI numbers on Thursday. On Wednesday, the Census Bureau released building permits and housing starts data. The markets saw modest advances on the back of solid earnings reports. Overall, […]
Don’t Be Confused By The Facts Or Why Neither The Data Nor The Fed Will Alter Market Trends
Jul 23, 2017
Jeremy Parkinson
Finance
The data this week is expected to confirm what many investors have come to assume. The US economy accelerated in Q2. The eurozone economy is enjoying steady growth, but the momentum appears to be slowing. The UK economy was unable to recover much after a soft Q1. The Japanese economy is still not generating price pressures, […]
3 Bubbles Building In The U.S. Economy
Jul 23, 2017
Jeremy Parkinson
Finance
Although the market indices have been hitting record highs, there are structural problems that continue to build in the United States economy that may severely impact customer spending and corporate earnings in the next several years. This article will outline three bubbles that are growing in the economy, along with a few potential ways to reduce your […]