Three Things – Weekend Reading: Saturday, Oct. 5
Oct 05, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsHere is a brief look at some of the things I am thinking about this weekend, with topics including pension funds and the recent jobs report. 1) Pension Funds Underperforming the S&P 500 Here’s an article criticizing the poor returns in the San Francisco pension system. The fund has a target return of 7.5%, but it has only hit that […]
Week In Review: Regor Sells Two CDK Inhibitors To Genentech For $850 Million
Oct 05, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Deals and Financings Regor Pharma, a Shanghai-Boston biotech, sold global rights to Genentech for two early-stage CDK inhibitors (CDKIs) aimed at breast cancer (see story). Regor will receive $850 million upfront, a hefty amount for two Phase I candidates.The company will also be eligible for an undisclosed amount of milestone payments, both developmental and […]
The 7 Largest Companies – Saturday, Oct. 5
Oct 05, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashHere is a brief look at the 7 largest companies by market capitalization as of Saturday, Oct. 5, 2024. Additionally, I have included the percentages of their gains on a year-to-date basis. Let’s dive into the numbers. Apple (AAPL) has a market cap of around $3.48 trillion, with year-to-date gains of +17.8% Microsoft (MSFT) has a market […]
Buffett Can’t Cash In On These Stocks (But You Can)
Oct 05, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsThe “Oracle of Omaha” Warren Buffett is one of the most successful, most popular investors of all time — and for good reason. Following Buffett’s takeover of textile manufacturer Berkshire Hathaway (BRK-A, BRK-B), he’s grown the company into a $1 trillion investment fund. For those who’ve had faith in him since day one, Buffett has delivered […]
Looking Back On Your Trades
Oct 05, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsIn this podcast episode, I discuss what you should look for when examining your past swing trades, as well as what you should consider when determining whether or not the trade was well-managed. Plus, I also talk about some of the key signals to keep an eye on for getting out of a profitable trade.00:20:03More By This Author:The 30-Minute Rule Of […]
Wall Street’s Top 10 Stock Calls This Week – Saturday, Oct. 5
Oct 05, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsWhat has Wall Street been buzzing about this week? Here are the top 5 buy calls and the top 5 sell calls made by Wall Street’s best analysts during the trading week of Sept. 30-Oct. 4, 2024. First, here are the top 5 buy calls of the week. 1. Meta Platforms Initiated With a Buy at […]
3-Bullish And Bearish Technical Takes Heading Into Next Week
Oct 05, 2024
Jeremy Parkinson
Finance, No picture
Employment Report Stronger Than ExpectedLast week, we discussed the decline in consumer confidence as economic growth continues to slow. As we showed, whenever the spread between present and future expectations surges, such has historically coincided with the onset of a recession. However, on Friday, the latest employment report from the Bureau of Labor Statistics (BLS) […]
How The Government Makes You Poorer
Oct 05, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The reality of the past two decades is that monster increases in government spending and a constant chain if stimulus packages have delivered nothing but stagnation.Video Length: 00:08:24More By This Author:The Fed’s Last Sign Of Independence May Be Gone An Unprecedented Monetary Destruction Is Coming Markets Need A Lot More Than A Rate […]
Is The Once Immortal U.S. Consumer Finally Dead?
Oct 05, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash 59% of Americans feel like the economy is already in a recession. About the same percentage don’t have enough savings to keep food on the table for three months if they lose their job. An increasing portion (36%) of U.S. adults have more credit card debt than emergency savings. This is according to […]
Exxon Mobil Corp. DCF Valuation: Is The Stock Undervalued?
Oct 05, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash As part of a new series, each week we typically conduct a DCF on one of the companies in our screens. This week we thought we’d take a look at one of the stocks that is not currently in our screens, Exxon Mobil Corp (XOM). ProfileExxon Mobil is an integrated oil and gas […]