Author Archive: Jeremy Parkinson
Inotek Jumps After Detailing Rocket’s Near-Term Clinical Catalysts
Inotek Pharmaceuticals last night announced the filing with the SEC of the company’s preliminary proxy statement in connection with the previously announced proposed combination with Rocket Pharmaceuticals. “We believe the proposed merger with Rocket provides an attractive opportunity for our shareholders,” said David Southwell, CEO of Inotek. “Rocket has several near-term clinical and proof of […]
A Smaller Bean Crop Caught The Market Leaning; Firming Corn, Too
Market Analysis With little expected to change on this year’s October crop report, the USDA’s modest decrease in its US soybean yield lead to a dramatic post-report rally that spread into the grains. With many expecting higher yields on this month’s crop update, investor short-covering set off speculative bean buying above November’s fall high pushing […]
Saudi Aramco Reportedly Shelves IPO In “Face-Saving” Move
We noted a month ago that the long-awaited Saudi Aramco IPO, scheduled for mid-2018, could be delayed to 2019, but now, according to The FT, Aramco is considering shelving plans for an IPO altogether in favor of a private share sale to the world’s biggest sovereign wealth funds. according to The FT, that talks about a private sale to foreign […]
Recapping The Markets This Week
(Audio length 00:10:07) Doc and I recap the markets in terms of gold, gold stocks and the USD. We also address the consumer confidence numbers that are at levels not seen in 13 years. What does this mean for the markets? We think not a whole lot.
You Need To Know Why The Stock Market Barely Moves Anymore
The stock market is barely moving anymore in any given day and you need to know why. Since November of last year going into the election, there hasn’t even been a 3% drawdown for the S&P 500 from it’s 52-week high. Most American investors now have the bulk of their money in stock market ETF’s […]
How Interest Rates Affect Real Estate Prices
The profitability of rental properties in the US are affected by interest rates. Usually when a central bank decides to tighten monetary policy it slows down economic activities because businesses rely credit to grow. But for real estate investors a rising interest rate environment may be an opportunity to buy assets are a cheaper price. […]
5 Safe-Bet Utility Stocks Poised To Beat Q3 Earnings
With the Q3 earnings season kicking off, Utility companies are preparing to release their numbers in the next couple of weeks. Notably, the Zacks Utility sector gained 3% in the third quarter. Factors Boosting the Utilities A major factor which boosts the utility sector is that there exists no substitute for the energy-related services rendered by the […]
E Market Briefing For Friday The 13th
Frazzled flipping to and fro characterized the market Thursday; within a pattern that was outlined as an overall up-down-up pattern (with nuances). I believe that sets us up for more downside, even if there is some hesitancy. Hesitancy is also an element of of an ‘exhaustion phase’ that I’ve described the past two weeks or […]
Inflation Still Isn’t About Inflation
The US Consumer Price Index (CPI) rose back above 2% in September 2017 for the first time since April. Boosted yet again by energy prices, consumer prices overall still aren’t where the Fed needs them to be (by its own policies, not consumer reality). In fact, despite a 10.2% gain in the energy price index […]
The Endgame Of Financialization: Stealth Nationalization
This is the new model of nationalization: central banks control the valuation of private-sector assets without actually having to own them lock, stock and barrel. As you no doubt know, central banks don’t actually print money and toss it out of helicopters; they create a digital liability and use this new currency to buy assets such […]
