Private Lies: Musk Tweets He Will Take Tesla Private
Aug 07, 2018
Jeremy Parkinson
Finance, No picture
In a pair of Teets Musk proclaimed he would take Tesla private around $420 a share. He doesn’t have controlling interest. Share Price $420 Am considering taking Tesla private at $420. Funding secured. — Elon Musk (@elonmusk) August 7, 2018 Shareholders could either to sell at 420 or hold shares & go private — Elon […]
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Bond Market Says Things Are Not Quite Right
Aug 07, 2018
Jeremy Parkinson
Finance, No picture
I’m in a tough spot, analysis-wise. The stock market looks pretty good with a rising trend in the majors, trannies taking out resistance, NYSE composite doing the same, banks breaking out and even the FAANGMs (you figure out what to call them) shrugged off Facebook’s dump. Apple to one trillion! Higher highs, higher lows, and […]
Smoked In 1999 Or Vaped In 2018: What You Pay Buying Shares Matters
Aug 07, 2018
Jeremy Parkinson
Finance, No picture
“Have the purchase price be so attractive that even a mediocre sale gives good results.” – Warren Buffett It is no secret that the U.S. stock market has been completely addicted to discounting the future success of the most popular technology stocks. Momentum-based growth investing has had many bouts of success in the past, but […]
Capital Markets Review & Commentary: Earnings Growth Trumps Trade Conflict
Aug 07, 2018
Jeremy Parkinson
Finance, No picture
Exceptional earnings growth trumped ongoing trade conflict, propelling stocks higher for July. With 80% of companies reporting, Q2 S&P 500 earnings growth is trending toward 24%, according to Factset. While part of this is due to tax reform, the results are truly impressive and it should be no surprise they are driving equity prices higher. […]
Beware Of A False Breakout As EUR/USD Rises After Weak German Data
Aug 07, 2018
Jeremy Parkinson
Finance, No picture
Germany is the largest economy in Europe, with a GDP of more than $3.4 trillion. The country’s GDP is 21% of the entire GDP of the European Union. It is closely followed by the United Kingdom and France whose GDP is equal to 15% and 11% of the EU respectively. Therefore, it is easy to […]
Q2 Earnings Drive Pharma ETFs Higher
Aug 07, 2018
Jeremy Parkinson
Finance, No picture
Total earnings for 83.5% of the total healthcare market capitalization are up 13.7% on revenue growth of 7.8%. The growth rates seem unimpressive when compared with some of the other sectors. Earnings and revenue beat ratios of 91.9% and 83.8%, respectively, are also not great either. Among the most notable players, Johnson & Johnson (JNJ – Free Report) was […]
Serious Decline
Aug 07, 2018
Jeremy Parkinson
Finance, No picture
Bitcoin is depreciating. This might be just the turnaround you have been waiting for. But is there really enough weight behind the short-term action to pummel Bitcoin lower? A startup backed by Starbucks, Microsoft and a couple of other companies is said to potentially pave the way for the Bitcoin ETF. In an article on […]
Gold Carves Narrowing Range Following Failed Run At July 2017 Low
Aug 07, 2018
Jeremy Parkinson
Finance, No picture
GOLD TALKING POINTS Gold prices are trading in a narrow range following the failed attempt to test the July 2017-low ($1207), but the broader outlook remains tilted to the downside as the precious metal continues to track the bearish trend from earlier this year. GOLD CARVES NARROWING RANGE FOLLOWING FAILED RUN AT JULY 2017 LOW The […]
Thinking “Out Of The Box” To Invest And Survive In The Next Recession
Aug 07, 2018
Jeremy Parkinson
Finance, No picture
Exploit “Income Inequality” to Beat the Next Recession Exploiting the growing income gap between the rich and the poor—and the very demise of the middle class—might be another strategy to prepare for the next stock market crash and recession. It may be unorthodox (and certainly politically incorrect) to consider investing in companies that derive profits […]
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Forex Analysis Of USD/JPY For Tuesday, August 7
Aug 07, 2018
Jeremy Parkinson
Finance, No picture
First, we look into the previous day trade and what happened on August 6, 2018, and the USD/JPY pair opened at 111.214 and went high at 111.518 and gone low 111.144 and finally closed at 111.386. The calculated pivot point for the day is 111.349. The difference between high and low was nearly 0.374 points […]