Author Archive: Jeremy Parkinson
E Ross: The Bargain Store Becomes A Bargain
Ross Stores (ROST) has cratered by 17.5% year to date, despite decent first quarter results. I think it’s one of the better retail stores out there, and faces less threats from Amazon (AMZN) than many of its retail peers. “There’s always a bargain in store” is plastered on the first page of the company’s annual […]
This Is Why Stock Went Higher Today
Video length: 00:09:22 Stocks exploded higher today on surprisingly dovish comments from the Fed. Is this the start of another bull leg higher or a blip for the bears who are fighting to take back control. Watch tonight’s video to find out…
Stocks Surge On ‘Good Cop’ Yellen; Trader Makes ‘Unprecedented’ $10 Million Bond Bet
Well, the message from Yellen was heard loud and clear and amusingly, so was the message from Stephen Poloz. In fact, you’d be forgiven for thinking they coordinated to make sure one offset the other. The BoC hiked, as expected, but “expected” is a relative term here. Because the whole abrupt shift in rhetoric that culminated in […]
Treasury Yields: A Long-Term Perspective
Let’s have a look at a long-term perspective on Treasury yields as of Friday’s close. The chart below shows the 10-Year Constant Maturity yield since 1962 along with the Federal Funds Rate (FFR) and inflation. The range has been astonishing. The stagflation that set in after the 1973 Oil Embargo was finally ended after Paul […]
5 Home Builder Stocks That Are Ready To Boom
All investors realize the importance of discovering stocks that are about to skyrocket in order to increase their returns. It is difficult to know exactly which stocks or sectors are about to explode, as it is impossible to predict the future. Nevertheless, Zacks Premium customers can utilize the Zacks Industry Rank Heat Map to discover which industries […]
Bitcoin Showdown
Investment guru Bill Miller and his son, Bill Miller IV, are big bitcoin bulls, believing the digital currency whose price has soared this year is bound for disruptor status. “It is a true disruptor and true innovation in money,” the elder Miller told CNBC. “We haven’t seen that in thousands of years.” Everything is affected by this technology, […]
“Buy All The Things” – Yellen’s Dovish Flip Sparks Bid In Stocks, Bonds, Bullion, & Bitcoin
Did The Fed just step in to replace the Trump premium as Junior’s email dashes hopes of tax breaks further? Timing is certainly interesting… Equities and Treasuries rose and the dollar sank after markets interpreted Chair Yellen’s testimony before Congress as dovish even as it echoed the most recent FOMC statement. The rally was aided as […]
Hot Options Report: End Of Day – Wednesday, July 12
Most Active Equity Options And Strikes For The End Of Day, July 12, 2017
USD/JPY Slipping Off Steep Uptrend Support – Big Downfall Coming?
USD/JPY has been riding the tiger in recent weeks: climbing off 108.80 all the way to 114.50 at a fast clip. The 600+ pip move higher took less than a month. On its way, the pair made symbolic drops to mark a line of uptrend support, which was quite steep. The momentum was strong enough […]
Potential Further Yield Curve Steepening
Earlier this year I used the positioning in the 10-year bond to predict a rally which lasted for over 3 months. It ended recently as yields have risen about 35 basis points in the past few weeks. Now we’re at a similar point with the 2-year bond. As you can see from the chart below, […]
