Charts Of Interest – May 11, 2015
May 11, 2015
Jeremy Parkinson
Finance
As previously noted, I have the potential to become distracted and busy elsewhere this week. So for that and market related reasons I am very lightly positioned (heavy cash). But one position I hold is an NFTRH+ trade idea on Gilead. The ‘+’ update was produced before GILD reported its good earnings. It was based solely on […]
Chinese Stock Bubble Now Plumbing Depths Of Human Stupidity
May 11, 2015
Jeremy Parkinson
Finance
What’s in a name? A lot apparently, especially if you’re a property developer-turned P2P company riding the wave of China’s self-fulfilling, margin-fueled equity mania. Enter Shanghai Duolun Industry, a Shanghai-listed company which, until recently anyway, engaged in real estate development and commodity residential buildings distribution. All of that changed however, on April 29th when the […]
Risk On/Risk Off – Does Silver Solve All Problems
May 11, 2015
Jeremy Parkinson
Finance
Does Silver solve all problems? Video Length: 00:04:33
Alaska Communications Systems Group Inc. – Buy Signals
May 11, 2015
Jeremy Parkinson
Finance
Today I added Alaska Communication Systems (NASDAQ:ALSK) to the Barchart Van Meerten New High portfolio for positive technical indicators: Barchart technical indicators: 96% Barchart technical buy signals Trend Spotter buy signal Above its 20, 50 and 100 day moving averages 15 new highs and up 34.81% in the last month Relative Strength Index 76.84% Barchart computes a technical support […]
Muskular Magic
May 11, 2015
Jeremy Parkinson
Finance
Elon Musk, Silicon Valley’s poster-boy genius replacement for the late Steve Jobs, rolled out his PowerWall battery last week with Star Wars style fanfare, doing his bit to promote and support the delusional thinking that grips a nation unable to escape the toils of techno-grandiosity. The main delusion: that we can “solve” the problems of […]
Bear Of The Day: Whirlpool
May 11, 2015
Jeremy Parkinson
Finance
The US dollar has surged significantly over the past few months, weighing on earnings of multinational companies. Currency headwinds and weakness in some of the key international markets will continue to hurt these companies this year. About the Company Based in Benton Harbor, MI, Whirlpool Corporation (WHR – Analyst Report) is one of the leading global manufacturers of home […]
Talk Of A Stock Market Crash – How Concerned Should We Be?
May 11, 2015
Jeremy Parkinson
Finance
A MarketWatch opinion piece published on 05/11/15 has the attention-grabbing headline “Countdown to the stock market Crash of 2016 is ticking louder”. How often have calls for a crash been made in recent years? While we will not attempt to answer the question in a scientific manner, based primarily on curiosity, we searched the Google news archives […]
Why Your Investment Portfolio Probably Isn’t As “Diversified” As You Think
May 11, 2015
Jeremy Parkinson
Finance
“Am I diversified?” It’s a question every investor should ask. It’s a question that CNBC’s bombastic stock guru Jim Cramer encourages his followers to pose. Unfortunately, Cramer’s answers are one-dimensional – he looks at diversification only in terms of stock holdings. Having a stock portfolio that is diversified among different sectors and styles is just […]
The Dangerfield Recovery Or A Skousen Reality
May 11, 2015
Jeremy Parkinson
Finance
During my morning reading I ran across this article by my friend Cullen Roche, via Pragmatic Capitalist, entitled “The Economic Recovery That Can’t Get Any Respect,” or more commonly known as the “Dangerfield Recovery.” “I hate to be the guy trying to highlight some of the good in a pretty weak recovery, but this economy just can’t […]
Analysts Are Optimistic On GoDaddy Inc.’s Growth Potential Heading Into Earnings
May 11, 2015
Jeremy Parkinson
Finance
GoDaddy (NYSE: GDDY) released it’s Initial Public Offering on April 1 and raised about $460 million with an IPO price of $20. Following the stock’s public debut, shares jumped 30%. Shares of the website-hosting provider have since decreased slightly, but analysts remain bullish on potential growth. Shares of GoDaddy last closed at $24.88. GoDaddy has been […]