Today’s Market Analysis & Trading Opportunities – May 20, 2015
May 20, 2015Jeremy Parkinson0
Video Length: 00:02:16 The gold markets fell hard during the session on Tuesday, crashing through the $1210 level. Because of this, we feel that the buyers in this general vicinity might be interested in going long. However, we have to admit that the candle is extraordinarily bearish, so we would be hesitant to start buying calls in […]
Trading Gold And Silver Along With The Pros
May 20, 2015Jeremy Parkinson0
For a number of years the market presence of commercial traders has dictated the direction in the price of gold and silver. With deep pockets and by trading contracts in the futures market without having to back up their contracts with metal, commercial traders acting in concert, can raise the price after a pullback, and […]
Regulatory News For Rare Disease Products – Hot Stocks: BLUE, ICPT, SRPT
May 20, 2015Jeremy Parkinson0
Big News Day, Market Update Trial Design Impacts Stocks? Biotech stocks have partially recovered from the recent sell-off but still remain below ““Double top” levels (XBI) of 2015. The major ETFs- FBT,IBB and XBI- remain below the March 19 peak but above the April 30 recent low. A lot of selling took place after recent highs […]
HH A New Look At The Total Return Roller Coaster
May 20, 2015Jeremy Parkinson0
Here’s an interesting set of charts that will especially resonate with those of us who follow economic and market cycles. Imagine that five years ago you invested $10,000 in the S&P 500. How much would it be worth today, with dividends reinvested but adjusted for inflation? The purchasing power of your investment has increased to […]
Target Beats Earnings Estimates, Stock Up 2% In Premarket
May 20, 2015Jeremy Parkinson0
Shares of Target Corporation (NYSE:TGT) are rallying, up 2% in premarket, after delivering first quarter earnings this morning that beat analysts’ estimates. For the first quarter, Target posted earnings per share of $1.10 on revenue of $17.12 billion. Analysts polled were looking for earnings come show up around earnings per share of $1.03 on revenue of […]
Chicago Fed Nat’l Activity Index: April 2015 Preview
May 20, 2015Jeremy Parkinson0
The three-month average of the Chicago Fed National Activity Index (CFNAI) is expected to slip a bit deeper into negative territory in the April update that’s scheduled for tomorrow (May 21), based on The Capital Spectator’s median point forecast for several econometric estimates. The projection for -0.31 is slightly below the -0.27 reading for March, […]
Morgan Stanley Is No Longer Bullish On Chinese Stocks
May 20, 2015Jeremy Parkinson0
Just like BNP Paribas Investment Partners, Morgan Stanley is no longer bullish on the Chinese stock market. Jonathan Garner, chief Asia & emerging market strategist at Morgan Stanley, has downgraded Chinese stocks for the first time in over 7 years, mostly referring to the weakest corporate earnings figures since 2009. BNP Paribas had indicated earlier that […]
Urban Outfitters Stock Plummets 17% On Earnings Miss
May 20, 2015Jeremy Parkinson0
Apparel retailer Urban Outfitters (NASDAQ: URBN) plummeted almost 17% in trading on Tuesday, May 19 after the company posted disappointing first quarter earnings. Prior to its Q1 results, investors were starting to gain hope in Urban Outfitters as its sales for the company’s name brand were beginning to pick up after three quarters of profit declines. […]
The Stock Whisper Of The Day: RSX, PBR
May 20, 2015Jeremy Parkinson0
The stock whisper of the day is: RSX, PBR Video length: 00:03:52
Wednesday: Japan GDP Not Strong Enough – Now What?
May 20, 2015Jeremy Parkinson0
Japan grew 0.6% in Q1. That’s a 2.4% annualized growth rate but, of course, that’s priced in Yen, which are down 14.8% since last year so, in fact, Japan’s economy, in Dollar terms, is losing 12.4% from last year. This is not the headline you’ll hear in the MSM though, where the overwhelming message is […]