Author Archive: Jeremy Parkinson
The Rally, The Risk, And Realism That Prevails
The Nasdaq hits all time highs in a ripping rally this past week, but AAPL displays heavy risk as indicated by the elevated implied volatility. You will want to watch this crucial Labor Day weekend video market update to find out the best trade opportunities for next week.
Harvey, The Debt Ceiling, Time To Fade The Pessimism
If you were following along last week, you know that more than a few commentators believe rates and the dollar have simply priced in too much pessimism around the U.S. economy and the fiscal outlook. No, the incoming data hasn’t exactly been what one might call “gangbusters” and the prospects for tax reform and fiscal […]
Technical Market Report For September 2, 2017
The good news is: The Nasdaq composite (OTC) closed at an all time high last Friday. The sellers left town early last week. Volume disappeared, new lows disappeared and the secondaries outperformed the blue chips. The Negatives The market is overbought. The first chart covers the past 6 months showing the OTC in blue and […]
Next Week’s Dividend Stocks To Watch
Starting this weekend I will start giving you an overview of three or four dividend stocks worth looking at…reasons can be a recent dividend increase, a bad performance in the stock price etc. Please do not interpret that as a recommendation of buying those stocks. It should only give you a hint there are stocks […]
E NDX Just Made A New All-Time High But SPX And DJIA Did Not
VIX retraced 86% of its rally, closing beneath its Intermediate-term support at 10.93. It is temporarily off its weekly buy signal. Confirmation comes above that level and the subsequent move may be very fast. Ending Diagonal patterns are known to completely retrace themselves, once broken. Could the initial foray have broken the trendline already? (Forbes) […]
Mexico’s Energy Reform: A New Horizon?
Over the years, Mexico, one of the biggest producers of petroleum and other liquids globally, has transitioned from being a net energy exporter to a net importer of energy. What Led to the Change? The import dependence was a result of the steady decrease in oil production that started in 2005. To address the situation, in […]
US Dollar Resilience May Foreshadow Gains As Data Flow Slows
Fundamental Forecast for the US Dollar: Neutral US Dollar impressively resilient after disappointing employment data Recent weeks hint USD more responsive to positive vs negative news Services ISM, Beige Book, Fed-speak may help greenback recovery The US Dollar continues to impress with its resilience last week. In the past three weeks, the greenback managed to navigate past political turmoil as well […]
Week In Review: This Week’s China Pharma Deals Top $1 Billion
Deals and Financings Berry Genomics (SHZ: 000710), a Beijing diagnostics and sequencing company, completed its $648 million reverse merger that lists the company on the Shenzhen exchange (see story). Berry merged into a company formerly known as Chengdu Tianxing Instrument & Meter, but the company’s legacy business has been sold off and its name was changed to Berry Genomics earlier […]
A Return To Normalcy
Review & Update The Rule of 20 The Risk To Passive Sector & Market Analysis 401k Plan Manager As I wrote this past Tuesday, we were lucky. Thousands who live along the Texas coastline were not. I am thankful. I am grateful. I am hopeful. The return to “normalcy,” for most of us, will take some time. It […]
Stocks Have A Great Week Despite Subpar Labor Report
The main reason investors have been cautious heading into this week was because of the potential for a North Korean flare up. It turned out that the market decided to ignore the North Korean risk as the last week before Labor Day, when most people go on vacation, was fantastic. The Nasdaq was up 2.75% […]
