October 2018 - Page 17 of 262 -

Europe More Than Europe: From ‘Boom’ To The Precipice Of Recession

Oct 30, 2018 Jeremy Parkinson Finance 0

Data-dependent, they claim. They aren’t. Mario Draghi at his last press conference admitted, “incoming information, [is] somewhat weaker than expected”. There is so much riding on the word “somewhat.” Because of the weasel, the head of the ECB told the assembled media policy normalization was unimpeded. He did so with a straight face. Good. Europe’s […]

Technology In The Lead

Oct 30, 2018 Jeremy Parkinson Finance 0

Indicators Volatility Index (VIX) – Despite a crazy trading session, VIX only closed 2.2% higher to 24.70. Some bullish divergence here, as the indicator is not acting wildly as you’d expect, but nonetheless, price pays, and price has yet to confirm on the indices. T2108 (% of stocks trading above their 40-day moving average): Another bullish divergence […]

US-China: A Different Take

Oct 30, 2018 Jeremy Parkinson Finance 0

A basic building block of matter, electrons, are so complicated that it is recognized that by deciding to measure the speed, one cannot determine location, and if one tries to measure location, speed is indeterminant. The principle was applied to Europe during the crisis. If investors acting as if the eurozone was going to break, […]

Microsoft Cloud Outpaces Amazon

Oct 30, 2018 Jeremy Parkinson Finance 0

Last week, Microsoft (Nasdaq: MSFT) reported its fiscal first quarter results that surpassed market expectations for the fourth consecutive time. The company continues to deliver tremendous growth within the cloud segment. In fact, its performance helped Microsoft become the second biggest stock after Apple, stripping Amazon of the title. Microsoft’s Financials Microsoft’s Q1 revenues grew […]

Some Snapshots Of Global And US Wealth

Oct 30, 2018 Jeremy Parkinson Finance 0

Wealth is not income. Income is the inflow measured over a period of time, like a pay period or a calendar year. Wealth is the accumulation of financial and real assets, minus debts. The total in retirement account and the equity in your house are wealth, but they are not income. The Credit Suisse Research Institute […]

Annual Home Price Gains Fall Below 6% In August

Oct 30, 2018 Jeremy Parkinson Finance, No picture 0

With today’s release of the August S&P/Case-Shiller Home Price Index, we learned that seasonally adjusted home prices for the benchmark 20-city index were up 0.10% month over month. The seasonally adjusted national index year-over-year change has hovered between 4.2% and 6.7% for the last two-plus years. Today’s S&P/Case-Shiller National Home Price Index (nominal) reached another […]

Trillions In Losses

Oct 30, 2018 Jeremy Parkinson Finance 0

Since the US stock market peaked on a closing basis back on September 20th, Russell 3,000 stocks have collectively lost roughly $3.5 trillion in market cap. Breaking the losses down by market cap, the 50 largest stocks in the US have lost roughly $1.25 trillion in market cap, while the 2,000 smallest have lost $350 billion. […]

E Is The Home Construction Index Set For A Snap-Back Rally?

Oct 30, 2018 Jeremy Parkinson Finance 0

Here I have written a lot about housing-related stock indexes. They started to fall in middle of January and have underperformed the S&P 500 index by a huge margin this year. The charts below show the DJ US Home Construction Index on three different time frames. On monthly, I see possible support in the 607-530 […]

Coca-Cola Tops Q3 Earnings & Revenues, Retains View

Oct 30, 2018 Jeremy Parkinson Finance 0

The Coca-Cola Company (KO – Free Report) delivered a strong third-quarter 2018, with better-than-expected earnings and sales. This marked the sixth straight quarter of an earnings beat while sales topped estimates for the fifth consecutive quarter. Third-quarter results gained from the effective execution of the company’s strategies to evolve as a consumer-centric total beverage company. Alongside the introduction […]

IBM: Damned If You Don’t, Damned If You Do

Oct 30, 2018 Jeremy Parkinson Finance 0

For years investors have been clamoring for IBM (IBM) to transform their business via acquisition, as tech infrastructure moves to the cloud and away from IBM’s legacy businesses. Despite some very small deals, the company instead opted to buyback stock and pay dividends with its prodigious free cash flow. To put this capital allocation decision in perspective, […]