July 2017 - Page 127 of 209 -

Monday’s Missing Market Mechanism – Infrastructure

Jul 17, 2017 Jeremy Parkinson Finance 0

I’m back! In my quest to better understand the Global economy (and it’s affect on teens), I dragged my family off to France and the UK for the past two weeks and tested the effects of Socialism on two girls who were raised in an entirely Capitalist system. While we’re still tabulating the data, certain trends […]

History Of The Individual Retirement Arrangement

Jul 17, 2017 Jeremy Parkinson Finance 0

Note: it’s interesting to learn about IRA history in order to better understand why some provisions are the way they are. This IRA history is updated occasionally as new provisions are added. In 1974, Congress passed the Employee Retirement Income Security Act (ERISA) that, among many other provisions, provided for the implementation of the Individual […]

Blue Apron Battered Down 40% From IPO-Day As Amazon Files Meal-Kit Trademark

Jul 17, 2017 Jeremy Parkinson Finance 0

Who could have seen this coming? The latest hot tech IPO just went from bad to worse to worse as Blue Apron (APRN) tumbled over 10% in the pre-market (down over 40% from its IPO-day highs) after Amazon filed a trademark for a meal-kit service. As MarketWatch’s Tonya Garcia notes, the filing has the word […]

July 2017 Empire State Manufacturing Index Declined

Jul 17, 2017 Jeremy Parkinson Finance 0

The Empire State Manufacturing Survey declined but remains in positive territory. Important internals likewise declined. Analyst Opinion of Empire State Manufacturing Survey I am not a fan of surveys – and this survey jumps around erratically. Expectations from Bloomberg / Econoday were for a reading between 10.0 to 18.3 (consensus +15.0) versus the 9.8 reported. […]

XPO Logistics Plans To Sell 11M Shares In Public Offering

Jul 17, 2017 Jeremy Parkinson Finance 0

XPO Logistics announced that it plans to make an offering of 11M shares of its common stock in a registered underwritten offering. XPO expects to grant the underwriters a 30-day option to purchase up to 1.65M additional shares. Morgan Stanley and J.P. Morgan are the joint book-running managers for the offering. XPO expects to enter […]

Brace Yourself For Apple’s Extraordinary Capital Return Program

Jul 17, 2017 Jeremy Parkinson Finance 0

There are two ways that corporations can return capital to shareholders: Dividends Share Repurchases Adding these two capital return methods together on a per-share basis and dividing by a company’s current stock price gives shareholder yield, a proxy for the ‘shareholder-friendliness‘ of a company’s management team. Dividend payments are straightforward and well understood by most […]

Chinese Small Caps Plunge – The Writing Was On The Wall Last Week, Folks

Jul 17, 2017 Jeremy Parkinson Finance 0

File this away for posterity, because we might be referring to it later on down the road. That’s what we said exactly a week ago about the ChiNext, which last Monday fell nearly 2% on jitters about more IPO approvals and valuations that are, on average, hovering around 40X. The malaise continued throughout the week, as did our coverage. […]

Empire State Manufacturing Survey: Activity Grew Modestly In July

Jul 17, 2017 Jeremy Parkinson Finance 0

This morning we got the latest Empire State Manufacturing Survey, which fell from the previous month. The diffusion index for General Business Conditions at 9.8 was a decrease of 10.0 from the previous month’s 19.8. The Investing.com forecast was for a reading of 15.0. The Empire State Manufacturing Index rates the relative level of general business conditions in […]

Stocks At New All-Time High, Will Uptrend Accelerate?

Jul 17, 2017 Jeremy Parkinson Finance 0

Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains neutral, following S&P 500 index breakout above last year’s all-time high: Intraday outlook (next 24 hours): bearish Short-term outlook (next 1-2 weeks): bearish Medium-term outlook (next 1-3 months): neutral Long-term outlook (next year): neutral The main U.S. stock market indexes […]

Key Events In The Coming Week: The Summer Doldrums Arrive

Jul 17, 2017 Jeremy Parkinson Finance 0

With little on the US economic docket in the coming days as the summer doldrums arrive, with Citi saying that “though several events of note linger on the horizon for later this week, G10 is firmly on the beach as of this morning”, this week’s focus is on the ECB and BoJ meeting along with […]