2018 - Page 1528 of 1751 -

Stagflation Red Flags Fly As Orders/Output Slow, Prices Spike

Mar 01, 2018 Jeremy Parkinson Finance 0

Following weak EU and Asian (and Canada) PMIs, US also disappointed with Markit Manufacturing dropping to 55.3 in February flashing signs of stagflation (prices rising at 4 yr highs as output growth slows). While ISM showed the same stagflationary signs, the headline soared to its highest since May 2004. Markit Manufacturing slipped back below Services PMI but ISM exploded […]

Construction Spending Flat, Private Construction Negative

Mar 01, 2018 Jeremy Parkinson Finance 0

Economists expected construction spending to rise. Instead, spending was flat, and only because of government spending. The Census Bureau’s Construction Spending Report provides further evidence that first-quarter GDP is off to a very rocky start. Key Points Total construction spending was flat but the Econoday consensus was for a 0.3% gain. As a small consolation, December was […]

Bull Of The Day: Broadridge Financial Solutions (BR)

Mar 01, 2018 Jeremy Parkinson Finance 0

Broadridge Financial Solutions (BR – Free Report) is a Zacks Rank #1 (Strong Buy) and has a Growth Style Score of “A”which get’s this stock on my radar screen. Let’s take a look at why this stock has the best Zacks Rank possible in this Bull of The Day article. Description Broadridge Financial Solutions provides investor communications and […]

ISM Manufacturing Index: Business Conditions Expanded In February

Mar 01, 2018 Jeremy Parkinson Finance 0

Today the Institute for Supply Management published its monthly Manufacturing Report for February. The latest headline Purchasing Managers Index (PMI) was 60.8 percent, an increase of 1.7 percent from 59.1 the previous month. Today’s headline number was above the Investing.com forecast of 58.7 percent. Here is the key analysis from the report: The report was issued today by Timothy […]

Late Day Sell-Offs Are Making The Market Difficult

Mar 01, 2018 Jeremy Parkinson Finance 0

My Swing Trading Approach I went 100% cash once the selling began yesterday. Late day sell-offs are making this a very difficult market to rely on here. Trading a small number of positions is a must here. Indicators VIX – Starting to show signs of a larger bounce being possible here. Now sitting at 19.85, following yesterday’s […]

Ambarella Tops Q4 Earnings & Revenue Projections

Mar 01, 2018 Jeremy Parkinson Finance 0

Ambarella, Inc. (AMBA – Free Report) just released its fourth-quarter and fiscal 2018 financial results, posting adjusted earnings of $0.45 per share and revenues of $70.58 million. Currently, Ambarella is a Zacks Rank #3 (Hold) and is up over 5% to $48 per share in after-hours trading shortly after its earnings report was released. AMBA: Beat earnings […]

The United States Is On A Path To Bankruptcy And Economic Collapse

Mar 01, 2018 Jeremy Parkinson Finance 0

iStock.com/Waldemarus President Trump Has Been Forced onto a Path Leading to War and Economic Collapse The Dow Jones Industrial Average (DJIA) appears to have settled around the 25,500 mark—give or take a few hundred points. The big hemorrhage of value appears to have settled for the time being. The big stock market crash hasn’t happened and […]

Gold: Tumbles Lower, Extends Weakness

Mar 01, 2018 Jeremy Parkinson Finance 0

Gold retains its downside short term as it sold-off on Thursday leaving the risk of more upside pressure. On the downside, support comes in at the 1,300.00 level where a break will turn attention to the 1,290.00 level. Further down, a cut through here will open the door for a move lower towards the 1,280.00 […]

Dick’s Sporting Goods Yesterday Banned Sale Of Assault-Style Rifles

Mar 01, 2018 Jeremy Parkinson Finance 0

Dick’s Sporting Goods (DKS), one of America’s largest sports retailers, yesterday has announced that it will no longer sell military-style semi-automatic rifles and that customers buy firearms from its stores will have to be older than 21. Additionally, the company is immediately ending its sales of high-capacity magazines, and backing “common sense gun reform”. The […]

January 2018 Headline Construction Spending Growth Unchanged?

Mar 01, 2018 Jeremy Parkinson Finance 0

The headlines say construction was unchanged and within expectations. Our view is that this does not consider inflation, or the fact that the previous month’s data was revised upward. Analyst Opinion of Construction Spending There continues to be significant backward revision to the date – this month was downward. The rolling averages declined. Also note […]