Trading Conventional Thought For An Edge
Aug 10, 2018
Jeremy Parkinson
Finance, No picture
At the core of any successful trading and investing strategy is an edge. Few traders and investors ever attain the significant market edge they desire and there is a simple reason for this. Most new market speculators begin their quest for edge building information and education on the internet. They naturally are drawn to websites with […]
Tesla Board Confirms It Never Saw LBO “Financing Plan” From Musk
Aug 09, 2018
Jeremy Parkinson
Finance, No picture
Three days into the Tesla “going private” saga, everyone continues to scramble for more information on the biggest wildcard in the entire equation: the “committed funding” as represented by Elon Musk: shareholders are asking where it is; bankers – i.e., those who should have arranged it – are asking where it is; even the SEC is asking […]
Low-Risk ETFs Taking Off On Rising Tariff Threats
Aug 09, 2018
Jeremy Parkinson
Finance, No picture
Though the U.S. stock market is advancing to the peak level it set in late January on surging corporate profits and an accelerating economy, trade tensions are blocking the road of the bulls. This is especially true as tensions between the world’s largest economies flared up once again this week. Escalating Trade Tensions In the […]
Are These Sectors A Sell?
Aug 09, 2018
Jeremy Parkinson
Finance, No picture
(Video length 00:09:20) With the market stalling into resistance, we look beneath the index to the nine major sectors for clues and opportunities of what to trade next during the likely – though not guaranteed – sell swing. We highlight Financials, Technology, and Retail in our sector check-up tonight….
Overstock.com Soars After Its Blockchain Sub Gets PE Investment At $1.5BN Valuation
Aug 09, 2018
Jeremy Parkinson
Finance, No picture
Online retailer Overstock reported results which, unlike its much more famous and infinitely bigger online retailing peer Amazon, were nothing special: the company reported Q2 revenues of $483 million, generating a net loss for the quarter of $2.20 on a gross margin of 19% in the quarter. But the company’s earnings were not the reason […]
Better Buy: Nike Vs. Adidas
Aug 09, 2018
Jeremy Parkinson
Finance, No picture
Shares of Adidas (ADDYY – Free Report) soared over 9% Thursday after the German sportswear company reported strong second-quarter results, boosted by e-commerce expansion and growth in North America and China. But rival Nike (NKE – Free Report) also thrived in its most recent quarter. So let’s take a look at which sportswear stock looks like the better buy […]
The Greek Tragedy Is Far From Over
Aug 09, 2018
Jeremy Parkinson
Finance, No picture
Last week, Greece received $17 billion from its creditors, representing the final installment of the country’s third bailout since 2010. This is the last one. Really. Stop laughing. There’s no doubt the Southern Mediterranean country has endured a lot of pain over the last eight years. To revamp their economy, the Greeks cut back on public […]
DXY Index Hovering Below Fresh Yearly Highs Ahead Of July US CPI
Aug 09, 2018
Jeremy Parkinson
Finance, No picture
The US Dollar (via the DXY Index) has made very little progress this week, not entirely unsurprising given the relatively quiet economic calendar. But the end of the week may see a change in trading conditions as the only ‘high’ rated event on the economic calendar is due out when the July US Consumer Price […]
Comments On US Markets And Gold
Aug 09, 2018
Jeremy Parkinson
Finance, No picture
(Audio length 00:12:34) Rick Ackerman joins me today to share his updated technicals and thoughts on the US markets. We also discuss the precious metals and proxies he uses to trade.