Author Archive: Jeremy Parkinson
Nordson Ready To Rock Lower
Having a very good day, for obvious reasons. I’ve got 50 shorts and 12 puts, all of which are profitable. A favorite equity short is Nordson, shown below, which looks like it’s about to U-turn lower once more. As a bonus chart, the consumer staples fund, about which I did a post very recently, has broken crucial support. Bombs […]
New Home Sales Surge Most In 28 Years On Percentage Basis
New home sales for September blew out top end expectations and then some, rising 18.9 percent, the largest percentage gain in 28 years. The census bureau reported 667,000 new home sales in September at a seasonally adjusted annualized rate (SAAR) compared to an Econoday consensus estimate of 555,000. Volatility tied to low sample sizes is what the […]
Apple Co-Founder, Steve Wozniak, Is A Bitcoin Bull
It turns out that American entrepreneur and Apple co-founder Steve Wozniak is a big fan of bitcoin. Speaking at an event in Las Vegas on Sunday, Wozniak revealed that he’s been fascinated with blockchain technology since the moment it was introduced and now believes that bitcoin is better than gold and the US dollar. He […]
5 Bond ETFs For A Rate-Proof Portfolio
Treasury yields have been on the rise in recent weeks on growing riskier appetite, expectations of tightening policies and improving economic fundamentals. Notably, 10-year yields jumped to 2.428% — the highest level since Mar 31. Inside The Surge Speculation is rife that the new Fed Chair will follow aggressive monetary policy tightening in 2018. Additionally, […]
Bitcoin Price Fall After Fork, Here Is What Investors Should Know
Written by StevePrentice The emergence of bitcoin gold as a third bitcoin currency – a result of the October 24 fork, has led market watchers to once again wonder whether a remarkable year for the first-born currency, bitcoin classic (BTC) has come to a screeching halt. The bitcoin price fall that followed the fork, shook some investors and […]
USD/CAD At The Highest In 3 Months – Levels To Watch
The Bank of Canada gives, and the Bank of Canada takes away. After raising rates in two consecutive decisions, the tightening cycle screeched to a halt, or perhaps even a full stop. USD/CAD was already on the rise since it traded at the 1.20 handle after the second rate rise in September but the move from […]
Stock Analysis: Walgreen Boots Alliance
The following company analysis is about Walgreen Boots Alliance, one of the dividend aristocrats out there. In the last couple of months WBA experienced a decent drop in its share and like almost every stock in the consumer sector under performed the market. Company Overview Walgreens Boots Alliance, Inc. (WBA), formerly known as Walgreen Company, […]
The Most Active Equity Options And Strikes For Midday – Wednesday, October 25
Top Tickers for Midday, October 25th: INTC, GE, GM, BAC, JNPR, AMD, MBI, T
Are These 5 Dow Stocks As Cheap As They Appear? – Part 5
<< Read More: Why Are These 6 Dow Stocks Fairly Valued? – Part 4 << Read More: Are These The 6 Best Stocks In The Dow Jones Industrial Average? – Part 3 << Read More: The 6 Most Expensive Stocks In The Dow Jones Industrial Average – Part 2 << Read More: The 6 Most Expensive Stocks in the […]
GM Slides As Morgan Stanley Argues Auto 2.0 Expectations Too High
Shares of General Motors (GM) are slipping after Morgan Stanley analyst Adam Jonas downgraded the stock to Equal Weight on valuation as he believes investor expectations about the company’s progress in next-generation automotive technologies may have gotten a “bit ahead of themselves.” Meanwhile, his peer at Citi raised his price target on the shares on […]
