Author Archive: Jeremy Parkinson
FOMC Decision And Comex Option Expiration For Precious Metals Tomorrow – Beware The Leaven Of The Pharisees
“Beware the leaven of the Pharisees, which is pious, hollow hypocrisy. There is nothing covered that shall not be revealed, and hidden, that shall not be made known. Whatever has been said in the darkness shall be heard in the light: and what has been whispered behind closed doors shall be shouted from the roof […]
Market Rates – Tuesday, July 25
The short-term trend keeps pushing higher. It has been really impressive. But the best days to buy stocks are early in the trend, and we are past that point. Now, I think we just have to sit back and wait. On the weekly chart, we are just entering into the overbought range. I know these […]
Blue Chip Stocks In Focus: Verizon
When investors consider buying high-quality stocks, the term ‘blue chip’ often comes to mind. There is no official definition of what constitutes a blue chip. Our definition of a ‘blue chip’ stock, is a company that has satisfied two criteria. First, the company in question has an operating history of over 100 years. Second, it […]
U.S. Steel Rallies On Huge Earnings Beat, Flat-Rolled Segment Growth
United States Steel Corp. (X – Free Report) released its second quarter fiscal 2017 financial results, posting earnings of $1.07 cents per share and revenues of $3.14 billion. Currently, X is a Zacks Rank #3 (Hold), and is up almost 9% to $26.62 per share in trading shortly after its earnings report was released. U.S. Steel: Beat […]
Hot Options Report: End Of Day – Tuesday, July 25
Most Active Equity Options And Strikes For The End Of Day, July 25, 2017
Stocks Watchlist: TIF, JBHT, CSX
Today’s stock picks Long Tiffany (TIF) Long JB Hunt Transport Services (JBHT) Short CSX (CSX)
270 Days Without A 5% Correction
Latest On Healthcare & Debt Ceiling The GOP barely passed the motion to proceed with debate on the healthcare bill as John McCain dramatically came back from illness to push it over the edge. There was a snarky hot mic take which ended up being useful as Senator Susan Collins and Senator Jack Reed expressed […]
Watch For “Risk On” Rotation
Earnings surprise of the day comes from CAT and MCD which led the Dow Jones higher. Meanwhile tech stocks remain flat as GOOGL sells off despite beating street estimates. Watch tonight’s video on asset rotation because investors are picking the next winners and losers during earnings week. Video Length – 00:09:39
Should We All Give Thanks For Regional Banks?
Today at 5 PM EST on Mish’s Market Minute Daily Facebook page live, I introduced Prodigal Son, Regional Banks. I began with a joke about a stock broker and a minister. Both show up at the Pearly Gates. The stock broker gets a silk robe and golden staff, the minister a cotton robe and wooden […]
Wynn Resorts Posts Q2 Earnings And Revenue Beats
Wynn Resorts (WYNN – Free Report) released its second-quarter fiscal 2017 financial results, posting earnings of $1.18 per share and revenues of $1.53 billion. Currently, WYNN is a Zacks Rank #2 and is down 2.29% to $135.80 per share in trading shortly after its earnings report was released. Wynn Resorts: Beat earnings estimates. The company posted earnings of […]
