Author Archive: Jeremy Parkinson
Insys: Will The Drug Pipeline Drive Growth?
Insys (INSY) reported Q4 revenue of $31.5 million and eps of -$0.61. The company missed on revenue by $2.5 million and missed on eps by $0.47. However, the quarter was not all bad for Insys. Revenue Appears To Be Stabilizing Insys manufactures and markets two main drugs – subsys and syndros. Subsys delivers fentanyl, an […]
Big Investment Boom Following Trump Tax Cuts? Answer In Four Charts
Many expect a big investment boom thanks to Trump tax cuts. A few charts will show why they are mistaken. The Financial Times reports Multinationals Pay Lower Taxes Than a Decade Ago. The article notes ” Effective rates have fallen 9 percent since the financial crisis.” Brad Setser has a string of Tweets. Excellent reporting on […]
FX Week Ahead: U.S Inflation, SNB And Norges Bank Meetings
Economic data for the week ahead will slightly take a back seat with only a few central bank meetings lined up. The Swiss National Bank will be holding its quarterly monetary policy meeting this week. The 3-month LIBOR rate is expected to remain unchanged. Later, the Norges bank will be holding its monthly monetary policy meeting. Norges […]
Cryptocurrency Market Sees Correction With Bitcoin Cash Leading The Way
After a week of bearish sentiment, the cryptocurrency market as a whole saw a correction on Sunday. Major coins in top 20 saw gains up to 11.30%, with Bitcoin Cash being the winner of the bunch. Tether was the only altcoin to see mild drops of -0.22%. Bitcoin Cash Technical Analysis Bitcoin Cash (BCH) saw […]
Sensex, Nifty Trade On A Strong Note; Software & FMCG Stocks Gain
Indian share markets continued to rally in the afternoon session amid firm global cues after trade war worries eased last week. Gains were largely seen in software stocks, FMCG stocks and energy stocks. The BSE Sensex is trading higher by 358 points and the NSE Nifty is trading up by 114 points. Meanwhile, the BSE Mid Cap index is trading up by 0.1% & the BSE Small […]
US Jobs Report Isn’t Positive To Dollar
USD/JPY gave up the gains from last Friday. Is the USD/JPY going to head south? US wage growth slowed, suggesting that a more hawkish Fed may not arrive anytime soon Last week, we were worrying about a potential trade war and US wage inflation. The outcomes of all the data were perhaps the best we […]
Breakouts For Nasdaq And Nasdaq 100
Leading indices again continued in their leadership roles; the Russell 2000 managed a new swing high with breakouts for the Nasdaq and Nasdaq 100 after Semiconductors closed at new all-time highs. The Russell 2000 cleared 1,564 with relative ease with upticks in lead technicals – only relative performance suffered a small loss. Friday’s 1.6% gain now […]
E 22x: A Whole New Way To Invest In Startups
TalkMarket’s Berk Gedik sat down with Chris Rawlings, the CEO of JudoLaunch, and Co-Founder of 22x. 22x is a creative way to invest in 30 alumni of the latest batch from 500 Startups, an early stage venture fund with a 2% acceptance rate. 22x is a recent Initial Coin Offering (ICO). An ICO is like […]
Forex Forecast: Pairs In Focus – March 11
The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits. Each week I am going to analyze fundamentals, sentiment and technical positions in order to […]
Nasdaq Soars To New Record High After Strong Jobs Report
The Nasdaq soared to an all-time high after last Friday’s U.S. employment report which saw a massive 313,000 growth in February. This is the biggest number of jobs since July 2016, handily smashing the expectation of 200,000 jobs gain. For the fifth month in a row, the jobless rate remains unchanged at 4.1%, a 17-year […]
