Defensive Sectors At The Top
Apr 19, 2017Jeremy Parkinson0
Defensive sectors are on the rise and already control the top of the rankings. Real Estate, one of the new-era defensive sectors, has joined Utilities at the pinnacle, and the traditional defensive sector of Consumer Staples sits in third. None of the factor ETFs were able to increase their momentum scores this past week, and […]
If The Market Is In A Correction, How Severe Will It Be?
Apr 19, 2017Jeremy Parkinson0
If the market is in a correction, how severe will it be? I have never been very good at determining price targets, but I think the moving averages are a good starting point. At the moment, the decline from the 50-day to the 200-day would be about a 5% decline. That sounds about right to […]
Everi Holdings – Chart Of The Day
Apr 19, 2017Jeremy Parkinson0
The Chart of the Day belongs to Everi Holdings (EVRI). I found the gaming and payments stock by using Barchart to sort today’s Top Stocks to Own list first for the highest Weighted Alpha, then again for technical buy signals of 80% or more. Since the Trend Spotter signaled a buy in 1/18 the stock gained 142.91%. Everi Holdings Inc. is a […]
United Rentals, Inc. Earnings Beat, But Rental Prices Decline
Apr 19, 2017Jeremy Parkinson0
Written by StockNews.com United Rentals, Inc. (NYSE: URI) late Wednesday posted better than expected first-quarter earnings results and lifted its full-year outlook, as rental volumes rose but rental rates fell.
USD/JPY – 110 Or 108?
Apr 19, 2017Jeremy Parkinson0
It says a lot when consistently softer economic data can’t bring down a currency. The U.S. dollar refuses to fall despite clear evidence of a slowdown in the recovery. We’ve seen consumer spending drop for the second month in a row, consumer price growth decline for the first time in more than a year, job […]
What Is Asset Allocation For Everybody Else?
Apr 19, 2017Jeremy Parkinson0
Charts of combined asset allocation and aggregate asset allocation. (Click on image to enlarge
Daily Trading Opportunities For Thursday, April 20
Apr 19, 2017Jeremy Parkinson0
With the Philadelphia Fed Manufacturing Index coming out during the session, as well as the Initial Jobless Claims, it’s likely that we will see a lot of focus on the United States today. With this, we are paying attention to several different markets, with a particular interest in America. USD/CAD The US dollar rallied again […]
Market Talk- April 19th, 2017
Apr 19, 2017Jeremy Parkinson0
Most of the talk yesterday concerned Europe and specifically the UK’s snap election decision by the PM, Theresa May. In Asia, we saw the reaction to the news which resulted in most core indices closing lower on the day; with the only positive from core being the Nikkei, but even then only just! The Yen […]
3 Small Cap Breakout Stocks For May 2017
Apr 19, 2017Jeremy Parkinson0
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. For May 2017, we see some candidates to become breakout stocks. Coincidentally, our selection is focused on Canada, specifically the Toronto Ventures stock exchange so these are small cap stocks. The first small […]
Qualcomm, Inc. Shares Rise After Earnings, Ebay Inc. Shares Fall
Apr 19, 2017Jeremy Parkinson0
Qualcomm (QCOM) and eBay (EBAY) released their latest earnings reports after closing bell tonight. Qualcomm posted adjusted earnings of $1.34 per share on $6 billion in adjusted revenue. Wall Street had been expecting earnings of $1.19 per share on $5.89 billion in revenue. In the same quarter a year ago, the chipmaker reported $5.5 billion […]