November 2018 - Page 159 of 209 -

EM Vs DM Manufacturing PMIs

Nov 07, 2018 Jeremy Parkinson Finance 0

I thought this chart was really interesting and worth highlighting, particularly given I’ve been writing a lot about emerging markets recently. The reason I highlight this chart is because in October the emerging markets composite manufacturing PMI rebounded to a 5-month high. Now it is important to note that this is a relatively volatile index month-to-month and […]

Michael Kors Q2 Earnings Beat, Sales Lag Estimates

Nov 07, 2018 Jeremy Parkinson Finance 0

Michael Kors Holdings Limited (KORS – Free Report) maintained its positive earnings surprise streak for the 14th straight quarter when it reported second-quarter fiscal 2019 results. On the contrary, revenues fell short of the Zacks Consensus Estimate, after six successive quarters of beat. Analysts pointed out that the company’s sluggish performance in Europe might have hurt the top […]

Analysts Say Buy Western Gas, Noble Energy After Colorado Prop 112 Fails

Nov 07, 2018 Jeremy Parkinson Finance, No picture 0

Colorado’s Proposition 112, the initiative that would dramatically increase oil and gas drilling setbacks from homes, businesses and waterways, was defeated Tuesday night following a contentious campaign in which the industry spent tens of millions of dollars to derail the measure. Following the election outcome, Bank of America Merrill Lynch analyst Dennis Coleman upgraded Western […]

Economic Indicators Testing Critical Levels

Nov 07, 2018 Jeremy Parkinson Finance 0

The above 2-pack looks at a couple of very important sectors of our economy, Home Builders and U.S. Concrete. Both have been hit very hard this year, declining large percentages. Both have been much weaker than the broad markets. The declines this year have both testing 7-year rising channels at each (1). If both break support at each (1), […]

WTI Tumbles After US Production Spikes To Record High

Nov 07, 2018 Jeremy Parkinson Finance 0

Despite sliding after last night’s API-reported big Crude and Cushing build, WTI has rebounded overnight amid a post-midterms tumbling dollar, but a larger crude build than expected from DOE, combined with a smaller gasoline draw, could lead to WTI “set to test $60 easily,” Tariq Zahir, a commodity fund manager at Tyche Capital Advisors, says. Additionally, Oil rose […]

Full Employment Or Lack Of Low Skilled Workers?

Nov 07, 2018 Jeremy Parkinson Finance 0

The current prime age (25-54 years old) unemployment level hovers around multi-decade lows of 3% – essentially full employment – while the prime age labor force participation rate is far from its peak – implying less than full employment. Since the female workforce rose to maximum participation rates in the 1990’s on the gender equality […]

Rallying Gold, Declining USDX, And The CoT Comments

Nov 07, 2018 Jeremy Parkinson Finance 0

The US elections are over and since the markets were not surprised by their outcome, there was no significant reaction. It seems that the markets can now return to their previous trends. But… the USD Index is down significantly today, while gold and silver are rallying. Does it mean that the trend in the precious […]

Dividend Income Update October 2018

Nov 07, 2018 Jeremy Parkinson Finance, No picture 0

It’s dividend income update time. One of my favorite times of the month as I get to review my previous month of passive income received from my dividend income portfolios. After going through a roller coaster of a month it seems that November is shaping up to be more of the same. Increased volatility marked […]

Humana’s Q3 Earnings Beat Estimates, Improve Y/Y

Nov 07, 2018 Jeremy Parkinson Finance 0

Humana Inc.’s (HUM – Free Report) third-quarter 2018 operating earnings per share of $4.58 beat the Zacks Consensus Estimate of $4.29 by 6.8%. The bottom line also improved 35.1% year over year. The upside can primarily be attributed to Medicare Advantage membership growth, lower impatient medical utilization, favorable prior period medical claims reserve development and significant operating […]

BlackLine Remains ERP Agnostic

Nov 07, 2018 Jeremy Parkinson Finance 0

According to a Transparency Market Research published earlier this year, the global accounting software market was estimated at $5.7 billion last year. It is expected to grow to $11.8 billion this year and to continue to grow at 9% annually over the next 8 years. Recently, cloud-based financial software provider, BlackLine (Nasaq: BL) announced better than […]