Author Archive: Jeremy Parkinson
Day Trading Stock Picks For This Week – Tuesday, July 25
Day trading stock picks likely to move big (up or down) during the week of July 25: HTZ, CBI, WLL, OAS, FOLD, AKS, CLF and AMD and few that are usually good day trading candidates: SPY, BAC, plus several others. Hertz Global Holdings (HTZ) Average day range (30) is 7.43% and average volume (30) is 10.2 […]
Updating The Link Between Recessions And Investment Returns
A new study offers encouraging results for a strategy of monitoring the business cycle as a tool for enhancing investment returns (or at least limiting losses). “Over the period 1970-2015, investment returns were enhanced by merely knowing concurrently whether the economy was in a state of expansion or contraction, and making the most basic asset […]
USD Steady Ahead Of FOMC Tomorrow; AUD/JPY, CAD/JPY Longs Primed
FX markets are calming down as the volatility-draining tractor beam that is the 24-hour period ahead of a FOMC rate decision fast approaches. The US Dollar (via the DXY Index) has stabilized after its recent selloff carried it to new lows for 2017, with support materializing around its August 2015 lows. With the FOMC rate decision fast […]
S&P Futures Bounce As VIX Hammered, Europe “Euphoric”
After sliding to 3 month lows on “car cartel” concerns yesterday, European stocks have rebounded after three days of declines, while oil extended gains after Saudi export cuts, with Brent rising above $49 and WTI just shy of $47. Asian stocks fell while S&P futures rose 0.2% to 2,473, putting yesterday’s GOOGL drop on plunging Costs-Per-Click […]
Are Potash Stocks Back In Vogue? Potash Corp Still A Darling?
It has been a while since we wrote about agricultural markets, and, specifically, potash stocks. In January, we identified 3 reasons why agricultural commodities could be starting a new bull market in 2017. Probably the most important investing insight from that article was this quote: “It is a typical phenomenon that bull markets are born when there […]
Oil Spikes Again As Saudi Export Curbs, Anadarko Spending Cuts Ignites Momentum
One day after Al–Falih managed to jawbone crude sharply higher by promising cuts to Saudi crude exports next month, oil is on the move again. WTI and Brent both spiked notably this morning as momentum seemed to gather steam: “Shipments from OPEC’s largest producer will be capped at 6.6 million barrels a day on August, 1 […]
Discussing Asset Allocation, Active Vs. Passive And Japan
Last week on our podcast, I had the opportunity to speak with Bill Stone, the global chief investment strategist for PNC Asset Management, and Jesper Koll, CEO of WisdomTree Japan. Our discussion focused on markets, Fed policy and building global portfolios, with a particular focus on Japan in the second half of the conversation with […]
Under Armour Downgraded To Sell From Hold At Deutsche Bank
Deutsche Bank analyst Paul Trussell downgraded Under Armour (UAA) to Sell with an unchanged price target of $17. The performance apparel maker closed yesterday down 37c to $20.27. The analyst says a “difficult and promotional selling environment along with segmentation challenges” weaken his confidence in the company’s near-term results. Even amid weak investor sentiment, Under […]
Stock Of The Day: VRTS
The PowerFeed Stock of the Day is VRTS. The Chaikin Power Gauge Rating for VRTS is Very Bullish due to very strong price/volume activity, attractive financial metrics, and positive expert activity. The stock also has weak earnings performance. Get these stock ideas delivered to your email daily with Chaikin PowerFeed, your free daily market digest.
Trading Strategy: The Stochastic High-Low
The Stochastic High-Low is one of the simplest strategies beginners can employ with great success. In this article, we’ll explain how this strategy works and how you can profit from it. What is the Stochastic Indicator Trading Strategy? As a measure of momentum, the Stochastic Indicator compares the closing price of a currency pair to the range […]
