ISM Non-Manufacturing: Continued Growth In December
Jan 05, 2018Jeremy Parkinson0
The Institute of Supply Management (ISM) has now released the December Non-Manufacturing Purchasing Managers’ Index (PMI), also known as the ISM Services PMI. The headline Composite Index is at 55.9 percent, down 1.5 from 57.4 last month. Today’s number came in below the Investing.com forecast of 57.8 percent. Here is the report summary: “The NMI® registered 55.9 percent, […]
Gold Market In 2018 Vs. 2017
Jan 05, 2018Jeremy Parkinson0
Craig Hemke, Editor at TFMetalsReport.com joins me today to look at the similarities and differences for gold in 2018 vs last year. We discuss the USD and inflation in terms of how they impact the gold market. (Audio length 00:11:39)
Jobs Report Misses Badly, Earnings In Line, Dollar’s Woes Continue
Jan 05, 2018Jeremy Parkinson0
Ok, here comes payrolls. As usual, the focus will be on average hourly earnings, which have (generally speaking) dictated trading after the last six employment reports. The story is the same as it ever was against a backdrop of (basically) full employment but still subdued inflation: the market is looking for signs that wage growth […]
Precious Metals Markets Outlook 2018
Jan 05, 2018Jeremy Parkinson0
The first trading days of 2018 are confirming signs of renewed investor interest in the precious metals sector after a long period of malaise. Gold and silver markets entered the year with some stealth momentum after quietly posting gains late in 2017. Gold finished the year above $1,300/oz. – its best yearly close since 2012. […]
Featured Stocks In December’s Dividend Growth Model Portfolio
Jan 05, 2018Jeremy Parkinson0
This report highlights last month’s top performers and features a stock from the current portfolio. Recap from November’s Picks Our Dividend Growth Stocks Model Portfolio outperformed the S&P 500 in November. The Model Portfolio rose 2.0% on a price return basis and rose 2.3% on a total return basis. The S&P 500 rose 1.7% on […]
Oracle Ready To Battle Amazon AWS
Jan 05, 2018Jeremy Parkinson0
Photo Credit: May Wong/Flickr.com Oracle (NYSE: ORCL) may have delivered a rather tepid quarterly outlook as part of its recent result announcement. But the market is very hopeful of its cloud strategy as the company continues to battle it out with Amazon and adds more companies to its arsenal. First, the financials. Oracle’s Financials Revenue for the second […]
Time To Buy Gold For 2018 As The Run-Down Starts?
Jan 05, 2018Jeremy Parkinson0
The price of gold could rally to $4,200 as the Federal Reserve tries, and fails to normalize monetary policy over the next few years according to analysts at CLSA. CLSA has long been a gold bull, advocating the yellow metal for its model portfolio since 2002. So far, this trade has yielded mixed results. After the price […]
Energy Is Still A Beast, While Financials Finally Woke Up
Jan 05, 2018Jeremy Parkinson0
My Swing Trading Approach There are some nice swing trade setups to be had, but I am concerned about adding additional long positions to the portfolio today. Tightening the stops will be in order. Indicators VIX – Expected bounce yesterday, considering the previous day’s close at 9.15. May see a continued bounce again today. T2108 (% of […]
FV Bitcoin And Ripple Buy Sell Or Hold?
Jan 05, 2018Jeremy Parkinson0
I have been talking about Bitcoin for a few weeks now and stated that there would be a rally back and that the bubble had not burst. Sure enough our technical analysis of the stock charts was accurate. Video length: 00:05:20
Here’s A Look At The Drug That Underpins The Latest Aptose Biosciences Inc. Designation
Jan 05, 2018Jeremy Parkinson0
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. At the end of December, Aptose Biosciences Inc. (Nasdaq: APTO) announced that the Food and Drug Administration (FDA) in the US had granted Orphan Drug Designation to its lead development asset. The company […]