Tesaro Jumps After Report Of Sale Exploration, Peer Clovis Follows
Nov 16, 2018
Jeremy Parkinson
Finance, No picture
Shares of Tesaro (TSRO) jumped in late day trading after Bloomberg said the company is working with advisers to explore a possible sale after receiving takeover interest. Following the report, Tesaro shares rose $2.58, or 9.7%, to $29.17. Clovis Oncology (CLVS), which markets Rubraca, a competitor to Tesaro’s Zejula, gained 9% following the report as […]
Agriculture Market Report – Friday, Nov. 16
Nov 16, 2018
Jeremy Parkinson
Finance, No picture
A review of the day’s trading in the agriculture markets. Video Length: 00:13:44
Stamps.com Inc. (STMP) Gets Stamped Out
Nov 16, 2018
Jeremy Parkinson
Finance, No picture
Since reaching an all-time high back on June 18th of this year, Stamps.com (STMP) has broken its uptrend and moved straight down. As it currently stands, the stock is down 41.5% from its high. STMP is another name that has seen fantastic growth the past few years, but after hitting highs earlier this year, it has […]
Time To Buy The Beaten-Down Emerging Market ETFs?
Nov 16, 2018
Jeremy Parkinson
Finance, No picture
Video Length: 00:12:01 After soaring in 2017, emerging market stocks suffered a brutal sell-off this year. A slew of problems—trade tensions, rising interest rates in the US, a strong dollar, China’s economic slowdown, crises in Argentina and Turkey—impacted these markets. However, it appears that some investors are now scooping up these beaten down stocks as […]
What “Housing Armageddon” Means For Gold And Silver
Nov 16, 2018
Jeremy Parkinson
Finance, No picture
It may be the kickoff of a U.S. holiday week, but there’s no shortage of gold and silver news to sift through. Is a December rally in gold and silver just around the corner? Audio Length: 00:16:04
Recent Stock Purchase November 2018
Nov 16, 2018
Jeremy Parkinson
Finance, No picture
Volatility behind us? Not a chance. Looks like November is picking up right where October left off. Of course, being a dividend growth investor means we have an opportunity to take advantage of all this volatility and pick up some traditional, solid paying dividend payers on sale. These days there’s no shortage of names to […]
Silver Slumps, We Are Headed For Scary Moments
Nov 16, 2018
Jeremy Parkinson
Finance, No picture
The gold/silver ratio has risen to its highest level in roughly a quarter century, with silver suffering from both weakness in precious metals lately but also dragged down by pessimism about base metals. The ratio measures how many ounces of silver it takes to buy an ounce of gold. When the number is rising, this […]
October Core CPI Decelerated, But Fed Touches The Breaks Anyway
Nov 16, 2018
Jeremy Parkinson
Finance, No picture
Neutral Rate Holds The Policy Key Core inflation is starting to decelerate as I expected. Some economists are even projecting the cycle peak in inflation has occurred. Inflation will likely fall in the next few months along with oil. If you think the cycle peak in inflation has occurred, then it implies you’re bearish on […]
A Long-Term Look At Inflation – Friday, Nov. 16
Nov 16, 2018
Jeremy Parkinson
Finance, No picture
The Consumer Price Index for Urban Consumers (CPI-U) released this week puts the year-over-year inflation rate at 2.52%. It is substantially below the 3.76% average since the end of the Second World War and above its 10-year moving average, now at 1.52%. The Bureau of Labor Statistics (BLS) has compiled CPI data since 1913, and […]