Author Archive: Jeremy Parkinson
Zscaler Could Come Under Pressure When Lockup Expires
The 180-day lockup period for Zscaler (ZS) ends on September 24, 2018. When this period concludes, the company’s pre-IPO shareholders have the opportunity to sell large blocks of currently restricted shares. The potential for a sudden increase in the volume of shares traded on the secondary market could negatively impact the stock price of ZS. […]
The Latest Look At The Total Return Roller Coaster – Friday, Sept. 7
Note: We’ve updated the charts below based on monthly data through August. Here’s an interesting set of charts that will especially resonate with those of us who follow economic and market cycles. Imagine that five years ago you invested $10,000 in the S&P 500. How much would it be worth today, with dividends reinvested but adjusted […]
The Latest Look At The Total Return Roller Coaster – Friday, Sept.7
Note: We’ve updated the charts below based on monthly data through August. Here’s an interesting set of charts that will especially resonate with those of us who follow economic and market cycles. Imagine that five years ago you invested $10,000 in the S&P 500. How much would it be worth today, with dividends reinvested but adjusted […]
Potential Problems With Narrow Banking
Here’s an interesting post from John Cochrane on “narrow banking”. Narrow banking is the idea that we could create banks that take a “narrow” type of risk by investing only in very high-quality assets like Central Bank reserves or government bonds. This would back the bank’s balance sheet with virtually risk-free assets. The argument is that this […]
BofA: This Is A Redux Of The 1998 Crisis…. Just One Thing Is Missing
Last weekend we highlighted the most stunning divergence observed since the great financial crisis: non-US equity markets have underperformed the US the most over a 3-month period since the failure of Lehman, a divergence which Bank of America said”is reaching levels normally only exceeded in bear markets”. This divergence, which has been observed across many […]
July 2018 BLS Jobs Situation Somewhat Improves
The headline seasonally adjusted BLS job growth was at expectations. The internals generally look good, and the pace of year-to-date growth exceeds last year. Still, there were troubling aspects of this month’s data. Analyst Opinion of the BLS Employment Situation The household and establishment surveys were not in sync (understatement). The year-to-date employment is running […]
Korn/Ferry Drops After Earnings As Credit Suisse Underscores Slowdown
Shares of organizational consulting firm Korn/Ferry (KF) have dropped sharply following the company’s report of its first-quarter results Thursday night. RESULTS: Korn/Ferry reported fee revenue of $465.6M in Q1, which it said was a 16.0% increase from the same period of last year, driven by organic growth in all solutions. Adjusted diluted EPS of 78c […]
Asia-Pacific Calendar: The Week Ahead – Friday, Sept. 7
By Steven Levine (Video length 00:02:59) Interactive Brokers senior market analyst Steven Levine provides some highlights for what to look for in the Asia-Pacific region in the week beginning September 10.
Utility Turnaround
It’s been a crazy, crazy day so far. First we have bonds and equities go into a free-fall together. Then we had equities explode higher because – – well – -that’s the law. Then we had Trump throw a live grenade into the markets with new tariffs and send them into a tailspin again. For […]
Social Media Stocks Fall To A 10 Month Low
Social Media Stocks – Momentum Tech Names Sell Off Again Social Media Stocks – My point that Amazon was overbought on Tuesday has been proven correct as the stock is down 3.98% in the past 2 days. It fell 1.83% on Thursday. It was one of many momentum internet names which declined. Apple stock fell […]
