March 2018 - Page 32 of 295 -

BEA Revises 4th Quarter 2017 GDP Growth Upward To 2.88%

Mar 28, 2018 Jeremy Parkinson Finance 0

In their third (and final) estimate of the US GDP for the fourth quarter of 2017, the Bureau of Economic Analysis(BEA) reported that the US economy was growing at a +2.88% annual rate, up +0.35% from their previous estimate, but still down -0.28% from the prior quarter. The boost in the headline number resulted from upward […]

Why Is The Symantec Stock Reacting Poorly?

Mar 28, 2018 Jeremy Parkinson Finance 0

The past couple of years have been transformational for Symantec (SYMC) with two divestitures, several acquisitions, and new leadership. It has now refocused itself exclusively on cybersecurity and has undertaken several measures to reduce complexity and costs. Symantec’s Financials Third quarter revenue was $1.21 billion, up 16% but below analyst estimates of $1.27 billion and […]

RBNZ OCR Held At 1.75%

Mar 28, 2018 Jeremy Parkinson Finance 0

The Reserve Bank of New Zealand’s monetary policy meeting was largely a non-event as it was partly overshadowed by the Fed’s announcement to hike interest rates. The central bank meeting which followed a few hours after the Fed meeting last Wednesday saw the RBNZ OCR held at 1.75% in March. The central bank kept rates steady at […]

FANG Stocks In Freefall – Break Critical Support Levels

Mar 28, 2018 Jeremy Parkinson Finance 0

All the FANG-style stocks are notably lower at the open with AMZN crashing over 6% (worst two day drop since Feb 2016) and broken below its 50DMA… This means Jeff Bezos has lost over $10 billion in net worth in the last two days. FANGMAN (plus TSLA) stocks are all plunging… (MSFT is […]

Genuine Parts Company: Market Dominance, Valuation And Dividend Growth Make This Dividend King A Buy

Mar 28, 2018 Jeremy Parkinson Finance 0

Genuine Parts Company (GPC ) has one of the most impressive dividend growth histories in the market. With 62 years of dividend growth, Genuine Parts has the fourth longest dividend growth streak of any U.S. company. Because of this impressive dividend track record, Genuine Parts qualifies as a Dividend Kin. Dividend Kings are those companies […]

Backwardation, The Bank Of England, And Falling Prices

Mar 28, 2018 Jeremy Parkinson Finance 0

In commodity markets backwardation is an indicator of physical shortages. Shortages result in buyers bidding up the cash price of the commodity above the future prices. This creates a profitable trade (called decarry) for those holding the physical commodity – they can sell it now and buy a futures contract at a lower price, locking in a profit. […]

2018 Global Market Outlook Q2 Update: Shifting Winds?

Mar 28, 2018 Jeremy Parkinson Finance 0

As we move deeper into the year, we see the potential for a change in the direction of the prevailing wind across global markets and economies. Why? Big U.S. tax cuts, synchronized global growth, and strong earnings may face increasingly strong headwinds from U.S. Federal Reserve (the Fed) rate hikes, rising inflation, and protectionist threats. […]

5 Hot Stocks For The Second Quarter

Mar 28, 2018 Jeremy Parkinson Finance 0

As the Q1 roller-coaster draws to a bumpy close, it’s time to move our attention to the coming quarter. Which are the key stocks out there right now to boost your portfolio’s second quarter returns? When the market is looking so volatile, you have to work a bit harder to find the best investing ideas. […]

Q4 GDP Third Estimate: Real GDP At 2.9%

Mar 28, 2018 Jeremy Parkinson Finance 0

The Third Estimate for Q4 GDP, to one decimal, came in at 2.9% (2.89% to two decimal places), a decrease over 3.2% for the Q3 Third Estimate. Investing.com had a consensus of 2.7%. Here is the slightly abbreviated opening text from the Bureau of Economic Analysis news release: Real gross domestic product (GDP) increased at an annual […]

HH Central Banks Care About The Gold Price – Enough To Manipulate It!

Mar 28, 2018 Jeremy Parkinson Finance 0

Central bank gold price suppression is a well-documented fact. Central banks have a long and colorful history of manipulating the gold price. This manipulation has taken many shapes and forms over the years. It also shouldn’t be surprising that central banks intervene in the gold market given that they also intervene in all other financial […]