Tesla Could Rise Above $400 Per Share In Next Few Months, Says Morgan Stanley
Nov 21, 2017Jeremy Parkinson0
Morgan Stanley analyst Adam Jonas said he expects Tesla shares to be extremely volatile in 2018. He assumes that Tesla’s battery module production bottlenecks may be resolved in weeks, which could result in the stock price rising to $400 or more over the next few months, he tells investors. However, following a “hypothetical 1H18 pop,” […]
October 2017 Chemical Activity Barometer Continues Solid Gains Into 3rd Quarter
Nov 21, 2017Jeremy Parkinson0
from the American Chemistry Council The Chemical Activity Barometer (CAB) notched another solid increase over October’s reading both on a three-month moving average (3MMA) basis and an unadjusted basis. The CAB was up 0.4 percent and 0.3 percent, respectively. The increases continued a bounce back from the effects of Hurricanes Harvey and Irma. Compared to a […]
(A)Typical At The Bottom
Nov 21, 2017Jeremy Parkinson0
The National Association of Realtors (NAR) estimates sales of existing homes rose 2% in October 2017 from a downwardly revised September estimate. The trade group tries its best to put recent results in the best possible terms, claiming in its press release that at 5.48 million (SAAR) the number of resales is “their strongest pace […]
5 Best-Performing Aggressive Growth Mutual Funds Of Q3 (Revised)
Nov 21, 2017Jeremy Parkinson0
Markets gained traction in the third quarter primarily due to strong quarterly earnings which came in above estimates. This led to benchmarks hitting record highs in the period. Another major push came in the form President Trump’s new tax code which sought to reduce tax rates considerably. Also, the U.S. economy has improved at an […]
Has The Market’s Timer Popped?
Nov 21, 2017Jeremy Parkinson0
The larger the bird, the longer it takes to cook. Luckily, the handy red timer thingy pops when the bird of any size has roasted to perfection. Why then, do some people still overcook or undercook a turkey? Perhaps, it’s because they ignore the pop-up technology. The market’s indices made new all-time highs. Not surprising […]
Passive Investing Is 38% Of The Market
Nov 21, 2017Jeremy Parkinson0
Bitcoin Getting Larger But Not Safer In a previous article it was mentioned that with the recent excessive speculation in bitcoin, that bitcoin’s volatility since has been increasing after it went through a stretch of relative calmness. This aspect is important to review because in the past few years, bitcoin proponents have said that the […]
Retail Tries To Bounce – Can It Last?
Nov 21, 2017Jeremy Parkinson0
Awful. Simply put, the word awful sums up the year for investors with ties to stocks in the retail sector not named Amazon.com (AMZN), Home Depot (HD), or a handful of other companies. It hasn’t been just 2017 either. As shown in our Death By Amazon Index (DBA) below, the retail sector has been in a tailspin […]
Yield Curve Crash Continues As Stocks Surge On Biggest Short-Squeeze In 11 Months
Nov 21, 2017Jeremy Parkinson0
Ignore gold, ignore earnings expectations, ignore the dollar, ignore the yield curve… and… Video length: 00:02:44 German stocks sum it all up… Buy The F**king German Government Crisis… (even as EUR stays weaker) Record Highs all around in ‘Murica… As once again the European Session (green boxes) cominated the ramp… As VIX was slammed back to […]
Why Target Corporation Sank Last Week Despite Surge In Same-Store Sales
Nov 21, 2017Jeremy Parkinson0
Target Corporation (NYSE:TGT), one of the top online shopping sites in America, saw a significant rise in its quarterly same-store sales according to the company’s earnings report released last Wednesday. However, shares of the big-box store dropped by more than 4% before the morning session opened and tanked even harder after it commenced, and though shares have rebounded […]