Piper Says Amazon, Facebook, Alphabet Attractive Despite Regulatory Pressure
Sep 14, 2018
Jeremy Parkinson
Finance, No picture
Piper Jaffray analyst Michael Olson believes shares of Amazon.com (AMZN), Facebook (FB) and Alphabet (GOOG, GOOGL) remain attractive despite increased regulatory pressure in the near-term. While current regulatory challenges present “multiple issues over the next few months,” the long-term outlook remains favorable for all three companies, Olson tells investors in a research note. The analyst […]
Semiconductor And Tech Macro Review
Sep 14, 2018
Jeremy Parkinson
Finance, No picture
We had pointed out risks in semiconductor land about a month ago. Since then there’s been a battle in these stocks with rallies getting sold. Fundamentally Bullish Fundamentally we’re bullish in tech and semis. Our work still shows that there is strong demand at the data center and the enterprise. Cloud hyperscalers are still aggressively spending especially […]
Russia Surprises Markets With First Rate Hike Since 2014
Sep 14, 2018
Jeremy Parkinson
Finance, No picture
With market watchers expecting no moves from the Russian central bank today, and just one week after Russia’s PM Dmitry Medvedev hinted that Russian rates are “too high”, the Russian central bank became the latest to defy politicians – and consensus – when it unexpectedly hiked interest rates for the first time since 2014, following many […]
Morning Call For Friday, Sept. 14
Sep 14, 2018
Jeremy Parkinson
Finance, No picture
Overnight Markets And News Dec E-mini S&Ps (ESZ18 +0.19%) this morning are up +0.15% at a 2-week high on expectations that data later this morning will show strong U.S. Aug retail sales and Aug manufacturing activity. Also, stocks moved higher as trade tensions on the prospects for new trade talks between the U.S. and China. European […]
Sensex Ends 373 Points Higher; Realty & Power Stocks Witness Buying
Sep 14, 2018
Jeremy Parkinson
Finance, No picture
After opening the day marginally higher, Indian share markets continued their momentum and ended their day on a positive note. All sectoral indices were trading in green with stocks in the realty sector, metal sector and power sector leading the gains. At the closing bell, the BSE Sensex stood higher by 373 points (up 1%) and the NSE Nifty closed higher by 145 points (up 1.3%). […]
How Long Will Natural Gas Be A Bridge Fuel?
Sep 14, 2018
Jeremy Parkinson
Finance, No picture
In a previous article, I addressed the reality that natural gas is already serving a bridge fuel between a past powered by coal and a future powered by renewables. Today, I want to discuss the factors that will influence the length of that bridge. Coal is a source of firm power, which means power that is guaranteed […]
USD/CAD Weekly Analysis – Friday, Sept. 14
Sep 14, 2018
Jeremy Parkinson
Finance, No picture
USD/CAD extended its downside movement from 1.3226 to as low as 1.2975. Near term resistance is at the top trend line of the price channel on the 4-hour chart, as long as the channel resistance holds, the downside movement could be expected to continue and next target would be at 1.2900 area. Only a clear […]
Gold Bulls: Don’t Count On Yield Curve
Sep 14, 2018
Jeremy Parkinson
Finance, No picture
Are we going to fall into the trap of a self-fulfilling prophecy? Could investors trigger recession only because they are so worried about inversion of the yield curve? We invite you to read our today’s article about the yield curve and find out whether the popularity of the yield curve as an indicator of recession […]
Honest Work For Dishonest Pay
Sep 14, 2018
Jeremy Parkinson
Finance, No picture
Over the past decade, in the wake of the 2008-09 debt crisis, the impossible has happened. The sickness of too much debt has been seemingly cured with massive dosages of even more debt. This, no doubt, is evidence that there are wonders and miracles above and beyond 24-hour home deliveries of Taco Bell via DoorDash. […]
WestRock Company Is A Wrap!
Sep 14, 2018
Jeremy Parkinson
Finance, No picture
The materials sector includes thirteen industries all related to mining, making and delivering essential commodities. The industries are: agricultural inputs; aluminum; building materials; chemicals; coal; copper; industrial metals and minerals; paper; silver; gold; specialty chemicals; steel. Today I’m reviewing a mid-cap packaging and containers firm named WestRock Company. It’s trading ticker symbol is WRK. WestRock […]