Author Archive: Jeremy Parkinson

Amazon Poised To Beat Q1 Earnings: Buy These ETFs

Amazon Poised To Beat Q1 Earnings: Buy These ETFs

Amazon (AMZN – Free Report) is set to release first-quarter fiscal 2017 results on April 27 after market close. Being a market leader in online e-commerce, it is worth taking a look at the company’s fundamentals ahead of its results. Amazon has been on a torrid run so far this year locking in gains of nearly 21%. […]
One Analyst Compared US Stocks To European Stocks – Here’s What He Found

One Analyst Compared US Stocks To European Stocks – Here’s What He Found

So one of the things we (and others) noted going into the first round of the French elections was that investors and traders were hardly bearish on anything European. “Overweight” European equities was on everyone’s reco list, € credit was (still) asleep at the wheel despite sovereign spreads’ best efforts to convey redenomination risk, and as […]
Celebrating 2,000 ETFs

Celebrating 2,000 ETFs

Today, April 26, 2017, for the first time ever, you have 2,000 U.S.-listed exchange-traded funds (“ETFs”) and exchange-traded notes (“ETNs”) from which to choose. This is a celebration of a significant achievement, much like the 1,000 ETF listings milestone that was reached on May 7, 2010, just shy of seven years ago.  In all, there have […]
USD/CAD Unfazed By Weak Canada Retail Sales; RSI Divergence Emerges

USD/CAD Unfazed By Weak Canada Retail Sales; RSI Divergence Emerges

Currency Last High Low Daily Change (pip) Daily Range (pip) USD/CAD 1.3574 1.3606 1.3543 2 63 USD/CAD Daily   Chart – Created Using Trading View USD/CAD ramped up to a fresh 2017-high of 1.3626 as U.S. President Donald Trump announced plans to implement a tariff on softwood lumber imports from Canada, and the broader outlook remains constructive […]
EUR/USD From A Double Top To Low Resistance – 3 Reasons

EUR/USD From A Double Top To Low Resistance – 3 Reasons

EUR/USD certainly has an interesting week. It began with a significant 200 pip Sunday gap on the French elections, reaching 1.0930. When things cooled down, it found itself at support some 100 pips lower. That 1.0830 level worked as the initial 2017 high. It moved up from there, settling above 1.0870, the December 2016 swing peak. Another […]
The Oil Market Is Undersupplied By Two Million Barrels A Day

The Oil Market Is Undersupplied By Two Million Barrels A Day

Here’s a bar bet you energy investors can use: Hey, how much if any is the world under-supplied oil right now? The answer, says one highly respected voice, would surprise you: They say the global oil market is currently undersupplied by 2 million barrels per day. That’s a very bullish statement, and a bit out of consensus right […]
How To Build Modern Portfolios: Putting It All Together

How To Build Modern Portfolios: Putting It All Together

While we wait on the Trump administration’s proposal for reforming the tax code – a proposal that is likely to include a dramatic reduction in corporate tax rates – we might as well continue the discussion on how to build what I call “modern portfolio diversification” into portfolios. To review, the idea here is to […]
IPO Preview: Zymeworks Inc.

IPO Preview: Zymeworks Inc.

Zymeworks (Pending:ZYME) filed an F-1 with the Securities and Exchange Commission. The company plans to sell 4.5 million shares at a marketed price range of $13 to $16 in both the U.S. and Canada. The company has an additional 675,000 shares as an overallotment option for its underwriters. The joint book-running managers for the offering are Citigroup […]
French Selection Ritual, Round Two

French Selection Ritual, Round Two

Slightly Premature Victory Laps The nightmare of nightmares of the globalist elites and France’s political establishment has been avoided: as the polls had indicated, Emmanuel Macron and Marine Le Pen are moving on to the run-off election; Jean-Luc Mélenchon’s late surge in popularity did not suffice to make him a contender – it did however push […]
2017 IPO Prospects: Uber And Lyft Have Miles To Go Before They List

2017 IPO Prospects: Uber And Lyft Have Miles To Go Before They List

Photo Credit: Núcleo Editorial/Flickr.com  Ride-sharing app Uber appears to excel in how to be in the news for all the wrong reasons. Earlier this year, the company was accused of turning a blind eye to sexual harassment in the office. Later on, there was a viral video showing its CEO Travis Kalanick berating an Uber driver. Then, […]