Week Ahead: Buckle Up – Turbulence Coming
Oct 26, 2024
Jeremy Parkinson
Finance, No picture
The US dollar extended its dramatic recovery against the major currencies for the fourth consecutive week. The dollar’s rally seems to stand on two-legs. The first shift in the expected trajectory of Fed policy, which has been partly encouraged by relatively firm economic data, both surveys and real sector reports. The derivatives market has from […]
Technical Market Report For October 26
Oct 26, 2024
Jeremy Parkinson
Finance, No picture
The good news is: Seasonality for the coming week has been positive. The NegativesThe first chart covers the last 6 months showing the S&P 500 (SPX) in red and a 10% trend (19 day EMA) of NYSE new highs (NY NH) in green. Dashed vertical lines have been drawn on the 1st trading day of […]
Bullish Win Streak Ends
Oct 26, 2024
Jeremy Parkinson
Finance, No picture
A Small PullbackLast week, we discussed the triggering of the weekly seasonal MACD buy signal. To wit: “The WEEKLY S&P 500 chart, with three different signals, confirms the start of the seasonal period. With Friday’s close in the green, keeping the week broadly positive, all three seasonal buy signals have been triggered. However, just because […]
Top 3 European Stocks To Buy Heading Into 2025
Oct 26, 2024
Jeremy Parkinson
Finance, No picture
European small cap stocks have “bottomed out (or at the very least stabilised) relative to large caps,” says Aleksander Peterc – a Bernstein analyst.Small caps have underperformed over the past two years but Peterc is convinced that they’ll recover sharply in 2025.The Bernstein analyst is particularly bullish on three names: Duerr AG, Ipsos SA, and Soitec […]
3 Stock Trends To Ride In 2025 And Beyond
Oct 26, 2024
Jeremy Parkinson
Finance, No picture
Secular trends refer to significant movements or changes in a direction that continue regardless of short-term market variations or economic shifts over years or decades, and are typically influenced by fundamental alterations, such as technological progressions, demographics, changes in consumer preferences, or government or monetary policy. Let’s look at three examples of megatrends. A Meteoric Innovation […]
Top Airline Stocks To Buy After Q3 Earnings: AAL & LUV
Oct 26, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashTwo top airline stocks look more attractive with American Airlines (AAL – Free Report), and Southwest Airlines (LUV – Free Report) blowing past their third-quarter earnings expectations on Thursday and were able to fly by sales estimates as well.More intriguing, American and Southwest Airlines were already benefiting from a positive trend of earnings estimate revisions over the last 30 […]
Markets Showing Strong Momentum. Can It Last?
Oct 25, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashThe market is supposed to ebb and flow…but all we see these days is flow. The Advance/Decline on the NYSE just hit another new high, while the Nasdaq is still surprisingly weak. The 52-week new-high/new-low numbers look better.Data by YChartsThe infrastructure buildout is an established and much talked about trend now. It is real, and […]
Starbucks Dividend Increase
Oct 25, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashOn 23 October, Starbucks (SBUX) increased its quarterly dividend by 7.02%, from 0.57¢ to 0.61¢ per share.The dividend will be paid on 29 November to shareholders of record on 15 November. The ex-dividend date is 15 November.SBUX’s contribution to DivGro’s projected annual dividend income will increase by $27.20 to $414.80.I own 170 shares of SBUX at an […]
Stocks Break Six-Week Win-Streak, Gold Hits Record High As ‘Trump Trade’ Takes Off
Oct 25, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashThe theme for the week was the good (macro outperformance), the bad (dovish rate-cut expectations plunging), and the ugly (Kamala Harris victory expectations gagged as markets bet on Trump).The ‘good’ news this was that macro data continued to outperform expectations…Source: Bloomberg…raising ever more doubts about the pace of The Fed’s new easing cycle as rate-cut expectations tumbled this week – especially for 2025 (because […]
S&P 500, Nasdaq Rise Sharply Ending 3-Day Losing Streak; Viking Therapeutics Surge, While Capri’s Shares Slump
Oct 25, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash S&P 500 and Nasdaq rise sharply on Friday as Treasury yields slide. Shares of Viking Therapeutics surged on Friday after the company beat its third quarter earnings expectations. Crude oil prices head for weekly gains on geopolitical tensions after dropping 7% last week. US benchmark equity averages rose on Friday as the market […]