Author Archive: Jeremy Parkinson
5 Excellent PEG Stocks Suitable For GARP Investors
The investment pattern of the millennials is gradually tending toward hybrid investment from pure-play theories like growth or value. According to them, to make a long-term investment more effective, the principles of both value and growth strategies need to be combined. GARP (growth at a reasonable price) investment, often known as a special case of […]
September 2018 Initial Unemployment Claims Rolling Average Continue Best Since December 1969
The market expectations for weekly initial unemployment claims (from Nasdaq/Econoday) were 205 K to 210 K (consensus 210,000), and the Department of Labor reported 201,000 new claims. The more important (because of the volatility in the weekly reported claims and seasonality errors in adjusting the data) 4 week moving average moved from 208,000 (reported last […]
Portfolio Re-Balancing And The Dollar
Boosted by tax reform, deregulation, and strong earnings growth, US equities have motored ahead, leaving other benchmarks far behind. As the Great Graphic here shows, most of the other benchmarks are lower on the year. The S&P 500 (yellow line) is up 8.8% for the year before the new record highs seeing seen now, while the Dow […]
The Dollar Collapse
A review of the currency market with a focus on the US Dollar. Video Length: 00:05:43
E The Financial Sector Is At Significant Conjunction
I am watching closely the S&P 500 financial and energy sectors. Why? Because, historically, financial stocks have topped out before the broad market while energy stocks show best relative performance at the end of a cyclical bull market. So their leadership role is very important. The charts below show the two sector indexes on monthly […]
Billion Dollar Unicorns: Sonos Stock Does Not Like The Sound Of Its Earnings
Smart speaker player Sonos (SONO) went public this year. But in the few months that the stock has listed, it has had a rocky start. The company recently announced its first results since the IPO. The disappointing performance sent the stock tumbling more than 20% in the after-hours session. The stock still remains a Billion Dollar […]
3 Canadian LP’s Generating More Revenue Than Tilray
Cannabis stocks are getting a ton of attention after Tilray (TLRY) has surged to record highs. This rally has attracted negative attention and we are closely monitoring how the sector trades from here. Today, we want to highlight 3 Canadian cannabis producers that are generating more revenue than Tilray and that are worth watching. Canopy […]
Jobless Claims Move Towards A “1” Handle
In their quarterly conference call on Thursday, Darden (DRI) CEO Gene Lee noted that the “workforce pool in the US is shrinking,” and this week’s Jobless Claims report confirmed that sentiment. While first-time claims were expected to come in at an absurdly low level of 210K, the actual reading was even lower at 201K. That’s […]
All-Time Highs Look To Be Achieved Today
My Swing Trading Approach The bulls look to extend Tuesday’s rally, and I will attempt to add 1-2 quality trade setups as well as long as the early morning strength manages to hold. Indicators Volatility Index (VIX) – VIX dropped a resounding 8.1% yesterday, taking it below key support, and possibly targeting a move into the […]
Post-Lehman Legacy And Gold
Have we learned anything from Lehman Brothers’ bankruptcy? On Saturday, there was a 10-year anniversary of the symbolic beginning of the global financial crisis. So it’s a great opportunity to discuss lessons from the Lehman’s collapse and the post-crisis legacy for the gold market. Too Little Capital 10 years ago, Lehman Brothers collapsed, which is […]
