November 2023 - Page 138 of 244 -

The Average Increase In The Price Of Food Every Month For 32 Months Is 0.6 Percent

Nov 14, 2023 Jeremy Parkinson Finance 0

Talk of a tame CPI report this month is entirely an energy mirage and easy year-over-year comparisons. Food is a particular case in point.CPI data from the BLS, chart by MishCPI Food Facts For 31 of the last 32 months, the price of food at home has risen at least 0.3 percent. For 30 of […]

Gold: A Super Surge To $2200 Is Next

Nov 14, 2023 Jeremy Parkinson Finance 0

A week ago, Morgan Stanley analysts called gold stocks a buy… while I called for a week of pain. GDX chart. Clearly, it was pain that prevailed… but could these analysts be correct going forwards from here?The $30 neckline of the inverse H&S bottom is strong resistance. It coincides with gold $2000 and that’s a big […]

Playing Musical Chairs With Bankrupt Shares

Nov 14, 2023 Jeremy Parkinson Finance 0

Image Source: Pexels “Bounces in bankrupt companies have gone from bizarre to routine.”“As long as there are buyers willing to play musical chairs with [a bankrupt] stock, hoping to trade it from the long side for a profit until the shares are delisted after being declared truly worthless by the bankruptcy court, we’ll see this type […]

Grains Report – Tuesday, Nov. 14

Nov 14, 2023 Jeremy Parkinson Finance 0

Image Source: Unsplash Wheat:General Comments: Wheat markets were higher in sympathy with the rallies in Corn and especially Soybeans. Ukraine is still exporting through the Black Sea. Russia is still exporting and offering Wheat into the world market and is reporting that it is larger than originally thought. Ukraine and the EU countries are offering as […]

Macy’s To Report Q3 Earnings: What’s In The Cards?

Nov 14, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay Macy’s, Inc. (M – Free Report) is likely to register both top and bottom-line declines from the respective year-ago fiscal quarter’s reported numbers in its third-quarter fiscal 2023 results on Nov 16, before the opening bell. The Zacks Consensus Estimate for revenues is pegged at $4,781 million, suggesting an 8.6% drop from the prior-year quarter’s reported figure.The consensus […]

Small Businesses Start To Worry About Rates

Nov 14, 2023 Jeremy Parkinson Finance 0

In an earlier post, we discussed the latest small business survey from the NFIB. Another aspect of the survey is to question businesses on what is currently their most important problem. As shown in the table below, by far the most common response is either cost or quality of labor accounting for a combined 32% of […]

Uranium Stocks: What Just Happened To SMRs?

Nov 14, 2023 Jeremy Parkinson Finance, No picture 0

Photo by Dan Meyers on Unsplash Nuclear power is back in favor, the price of uranium has more than tripled from its 2020 lows, and the technology’s future looks even brighter than its recent past.But there’s more. A new reactor design, the “small modular reactor” (SMR), is set to turbocharge the industry. Where traditional nuclear […]

Markets Singing Same Old Song. The Corn & Ethanol Report

Nov 14, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash We start of the day with Fed Jefferson Speech at 4:30 A.M., NFIB Business Optimism Index at 5:00 A.M., Core Inflation Rate MoM & YoY, Inflation Rate MoM & YoY, CPI, CPI s.a., at 7:30 A.M., Redbook Y0Y at 7:55 A.M., Fed Barr Speech at 9:00 A.M., Fed Mester Speech at 10:00 A.M., […]

CPI Inflation In October

Nov 14, 2023 Jeremy Parkinson Finance 0

Headline CPI flat (below +0.1% consensus), and core CPI inflation at 0.2% (below +0.3% consensus). Here are some pictures of central tendency, trend:Figure 1: Headline CPI inflation, y/y (blue), core CPI inflation y/y (tan), trimmed mean CPI inflation m/m ann’d (tan), median CPI inflation m/m ann’d (pink), headline CPI instantaneous, T=12, a=4 per Eeckhout (bold red), […]

Dividend Kings In Focus: Fortis

Nov 14, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash The Dividend Kings are an illustrious group of companies. These companies stand apart from the vast majority of the market as they have raised dividends for at least 50 consecutive years.We believe that investors should view the Dividend Kings as the most high-quality dividend growth stocks to buy for the long term.This group […]