Author Archive: Jeremy Parkinson
Go Big Or Go Home
I’ve got a couple of real winners (that is to say, losers) in my world today – DLTR, down about 10%, and BIG. I’ve suggested both as shorts many times, but I wanted to hit on BIG again, because I think it’s going to be a dynamite failure with much lower prices to come.
Dollar General (DG) Q2 Earnings And Revenues Surpass Estimates
Dollar General (DG – Free Report) came out with quarterly earnings of $1.52 per share, beating the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.10 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 2.01%. A quarter ago, it was expected […]
E A Perspective About Tiffany & Co.
Tiffany & Co. (TIF) has been a winning trade on our part. We believed that Tiffany & Co. was offering growth at value prices and we highlighted the name a year ago as a ‘Diamond on Sale.’ Recently it was our view that the stock had now given us a solid return, and it was time […]
PCE Price Index: July’s Headline & Core
The BEA’s Personal Income and Outlays report for July was published this morning by the Bureau of Economic Analysis. The latest Headline PCE price index was up 0.12% month-over-month (MoM) and is up 2.31% year-over-year (YoY). The latest Core PCE index (less Food and Energy) came in at 0.16% MoM and 1.98% YoY. Core PCE remains below […]
Are The Banks Poised For A Massive Breakout?
In stock charts today I talk about the possible breakout on the Semiconductor Sector and the Banking Sector. Video Length: 00:26:11
Twitter Focuses On Improving Platform
Social media stocks have had a rough time this year amid rising concerns surrounding fake news. More recently, the stocks were in question as the President accused internet and social media firms of political bias and censorship. Despite the issues, Twitter’s (NYSE: TWTR) stock has managed to deliver a turnaround this year. But the battle is […]
Meddling
While there has been a lot of talk about Russian trying to meddle in our elections, there has not been a lot of talk about Iran meddling in the Iraq war. As the oil market is trying to come to grips with the reality of looming Iranian oil sanctions, and the risk that it will […]
Asset Turnover Has Fallen Across The Globe
We have combined the financial statements of globally-listed non-financial companies into one for the past 23 years. The average number of companies included in this study was 12,586 per year and as of 2017, it was 17,159 The asset turnover ratio has averaged 78% and has fallen from a high of 92% to a low […]
E The U6 Indicator Portrays The Tightest American Job Market In Seventeen Years
It continues to be a conundrum for economists that wage and salary inflation in the U.S. seems so low at a time when the job market is very tight. Indeed, as several National Bank charts highlight, the American job market may be at its tightest level since May of 2001. The U6 indicator provides a […]
New Zealand’s Business Confidence At Decade Low
With the deterioration of New Zealand’s investments outlook, Short NZD/USD? Business confidence balance declined to -50.3 from -44.9 in July as firms expect general business conditions to weaken in the year ahead Global Dairy Auction prices fell has been on a downtrend, which could pressure on the country’s primary export. Furthermore, dairy prices could continue […]
