May 2015 - Page 3 of 80 -

Best Buy Q1 Earnings & Revenues Beat Estimates

May 21, 2015 Jeremy Parkinson Finance 0

Best Buy Co., Inc. (BBY – Analyst Report), specialty retailer of consumer electronics, came out with first-quarter fiscal 2016 results, wherein adjusted earnings of 37 cents a share beat the Zacks Consensus Estimate of 29 cents, and increased 5.7% from the prior-year quarter. Renew Blue transformation program and strength seen in categories like large screen televisions and mobile […]

Ominous Stock Market Charts

May 21, 2015 Jeremy Parkinson Finance 0

A Big Dow Theory Divergence We briefly want to show a few charts that have caught our eye recently. This is by no means a comprehensive market update (we plan to provide one soon). Here is something though one doesn’t see all too often: the Dow Industrials and Transportation averages have diverged from each other […]

UBS And JMP Securities Downgrade Achillion Pharmaceuticals, Inc. Following Johnson & Johnson Deal

May 21, 2015 Jeremy Parkinson Finance 0

Biotechnology company Achillion Pharmaceuticals (NASDAQ: ACHN) fell about 10% in trading on Wednesday, May 20 following the company’s announcement that it licensed its hepatitis C drug pipeline to Johnson & Johnson (NYSE: JNJ) for $1.1 billion. In the terms of the deal, Johnson & Johnson will pay Achillion Pharmaceuticals milestone payments totaling $1.1 billion throughout the development […]

Red Hot Shanghai Pushed Above Another Resistance Level

May 21, 2015 Jeremy Parkinson Finance 0

When it comes to Red Hot stock markets the Shanghai index fits the bill. Below looks at the Year-To-Date performance of the Shanghai, DAX and S&P 500 indices. CLICK ON CHART TO ENLARGE As you can see the S&P 500 is lagging big time this year and even though the DAX is having a great […]

E Value And Beyond: Why Stock Prices Are What They Are, Part 4

May 21, 2015 Jeremy Parkinson Finance 0

<< Read Part 1: Why Stock Prices Are What They Are <<Read Part 2: From Dividends To EPS – Why Stock Prices Are What They Are <<Read Part 3: Out Of The Ivory Tower – Why Stock Prices Are What They Are This series discussing why stocks are priced as they are has traveled a log way. We […]

The Stock Whisper Of The Day: EEM, TSL

May 21, 2015 Jeremy Parkinson Finance 0

Morning Call For May 21, 2015

May 21, 2015 Jeremy Parkinson Finance 0

OVERNIGHT MARKETS AND NEWS June E-mini S&Ps (ESM15 -0.12%) this morning are down -0.21% ahead of economic data on U.S. Apr existing home sales and weekly jobless claims to gauge the timing of a Fed interest rate increase after Wednesday afternoon’s Apr 28-29 FOMC minutes reinforced the message that rates could rise at any Fed meeting. European stocks are […]

Pigs Break Out With Yields

May 21, 2015 Jeremy Parkinson Finance 0

It is too early to call it a confirmed breakout, but the Bank index has popped above cyclical bull market highs. Weekly MACD and RSI both look good. The monthly chart shows that BKX has been consolidating above a long-term support area for the better part of 2 years. I had thought the BKX had […]

Is The Stock Market’s 5-Year Return A Useful Proxy For Valuation?

May 21, 2015 Jeremy Parkinson Finance 0

Tobin’s Q, a market-valuation metric, is back in the news, in part thanks to a widely read Bloomberg article. The story, published earlier this week, offered the provocative title: “Nobel Winner’s Math Is Showing S&P 500 Unhinged From Reality.” Oh, my, that sounds serious. Or maybe not. As several observers have pointed out (see here, here, and here, for instance), […]

Thursday’s Pre-Market Insights:BLUE, BBY, CRM, RIG

May 21, 2015 Jeremy Parkinson Finance 0

bluebird bio. Inc. (NASDAQ:BLUE) ares increased 3.8% to $179 in pre-market trading after the company announced it will be presenting data on LentiGlobin, a pipeline product, at the 20th Congress of European Hematology Association on June 13. LentiGlobin is a therapy for a rare blood disorder, beta thalassemia. Best Buy Co., Inc. (NYSE:BBY) shares increased 10.12% […]