Author Archive: Jeremy Parkinson
KB Home (KBH) Q1 Earnings Beat Expectations, Revenues Lag
KB Home KBH surpassed the Zacks Consensus Estimate in first-quarter fiscal 2018 on the top line but failed to meet the same on the bottom line. Following the release, shares of the company have gained 0.5% in the after-hours trading session on Mar 22. Quarterly adjusted earnings of 40 cents per share outpaced the Zacks Consensus Estimate […]
US Markets, L-T Yields, Trade Wars, The Yen, And Chinese Rate Hikes
Chris Temple joins me to wrap up another interesting day in the markets. The markets closed at their lows for the day with the Dow down over 700 points. Long-term yields were also hit with the 10 year touching 2.80% but not breaking lower. Volatility spiked again tuning this quarter into the most volatile in […]
E AMD: Round 2, Buy Again
In a December articleI laid a conservative estimate for what we could expect from AMD (AMD) in 2018 and why the $10 price was a real bargain. After three months the stock is 15%-20% up, and if you sold on the peak, it’s probably time to grab back your shares. The stock is trading at […]
This Marketwide Weakness Isn’t Really About Politics
The knee-jerk explanation for Thursday’s weakness is more political volatility; Trump attorney John Dowd is stepping down, alluding to continued turmoil in the White House. Investors are also still digesting Wednesday’s expected rate hike, parsing the new language with new chairperson’s Jerome Powell’s first such decision. Inflation may be a little less tamed than had […]
Stocks And Precious Metals Charts – A Banquet Of Consequences
Stocks continued selling today. What was particularly discouraging for the bulls is that there was no afternoon rally. In fact, the selling accelerated in the last hours of trading, and the major indices went out on the lows, and on heavier volume. One might point to the new tariffs to come on China, and fears of […]
Leaders Lag And Laggers Lead
It’s been a pretty nutty week for the equity market over the last four days as sectors which had been holding things up have sold off sharply, while sectors that had been left for dead, have been picking a little bit up of late. The charts below show the relative strength of the S&P 500 Technology […]
Cable Pulls Back On BOE Minutes
Just a quick catch up with what has been happening with Cable following the FOMC and the BOE earlier today, and all we can say is that from a price action perspective it’s been very much a game of two halves. Powell’s first outing as Fed chair saw the USD fall sharply resulting in a […]
5 Industrial Stocks To Buy As Manufacturing Activity Rises
Of late, upswing in the U.S. industrial production has been dominating headlines, signaling robust growth in manufacturing activity. The 1.1% rise in industrial production in February has given a new reason to cheer the performance of the industrial products sector considering that it is a significant turnaround from January’s 0.3% decline. The rebound in construction […]
If Powell Is Angry And Disgusted, That’s A Small Positve
According to one research company, new Federal Reserve Chairman Jerome Powell was disgusted and angry at his press conference yesterday. The firm, Prattle, employed facial recognition software to track Powell’s expressions throughout his inaugural press conference. By their count, he was disgusted 36 times, angry 41 times, and expressed contempt another five. Powell conveyed joy on […]
