Author Archive: Jeremy Parkinson
E Enbridge: A High-Yield Company With Compelling Dividend Growth Rates
Enbridge (ENB) is a leading pipeline company that has a vast asset footprint across the US and in Canada. The Calgary-based company is a member of the TSX 60. Company Overview Enbridge, which was founded in 1949, owns a network of natural gas and oil pipelines primarily in Canada, but to some extent in the […]
The Philly Fed ADS Business Conditions Index Update – Wednesday, August 29
Note: We’ve updated our periodic look at the Philly Fed ADS Index today’s release, which the Q2 GDP Second Estimate and unemployment claims through August 18. The Philly Fed’s Aruoba-Diebold-Scotti Business Conditions Index (hereafter the ADS index) is a fascinating but relatively little known real-time indicator of business conditions for the U.S. economy, not just […]
American Eagle Outfitters (AEO) Q2 Earnings And Revenues Top Estimates
American Eagle Outfitters (AEO – Free Report) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9.68%. A quarter ago, it was […]
Don’t Buy Walmart
I’ll go through my experiences with Walmart as a supplier as well as an updated look at Walmart’s valuation. Selling to Walmart (WMT) as a wholesaler to their Walmart.com division has opened my eyes to the scope of their distribution and supply chain management. You don’t think of supply chain management as a money driver, […]
Target Chart Is Right On The Mark
Retail stocks have shown some power since the spring, and Target (TGT) has been one of the better performers in the space. For all the earnings challenges Target has faced over the past couple of years, along with crushing competition from both sides (Amazon and Walmart), it’s a tribute to management that the stock is […]
S&P500 Mini Futures: Extending Higher As An Impulse
S&P500 Mini Futures ticker symbol: $ES_F short-term Elliott wave view suggests that the decline to $2803.34 low ended Minor wave 4 pullback. The internals of that pullback unfolded as Elliott wave zigzag correction. The lesser degree Minute wave ((a)) ended in 5 waves at $2820.5 low. Then the bounce to $2843.50 high ended Minute wave […]
Dick’s Sporting Goods (DKS) Surpasses Q2 Earnings Estimates
Dick’s Sporting Goods (DKS – Free Report) came out with quarterly earnings of $1.20 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $0.96 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 15.38%. A quarter ago, it was […]
The One Chart Gold Traders Need To Keep An Eye On
Let’s talk about Gold. Gold has been collapsing in a near straight line since April. This has lead to traders going record short the precious metal and sentiment reaching “2008 meltdown” levels of pessimism. Gold, for most investors, has become a proverbial “four-letter word.” Having said that, Gold has just staged its first significant bounce […]
Pending Home Sales Slump For 7th Straight Month As “Overheated Real Estate Markets” Start To Drop
Amid its “broadest slowdown in years” the US housing market faces prices for starter homes at the highest they have been since 2008, just prior to the collapse of the housing market, and August is confirming that prices are indeed becoming an issue. Following the drop in Existing- and New-home sales (as well as another drop in mortgage […]
Euro Aussie Building Bullish Momentum
The strongly bullish sentiment we have seen over the past few days for the euro has been strongly mirrored in its cross pairs and in particular the EUR/AUD, which has been driven both by euro strength and a weak Aussie dollar. For much of the summer, the pair has been in the doldrums trading in […]
