Author Archive: Jeremy Parkinson
Breaker One-Niner
This: I don’t like Powell’s demeanor. Not one bit. And if the rest of you think that shit is going to fly forever, you’re probably wrong. He’s not going to be able to reconcile bluntness with obfuscation. those two things are usually mutually exclusive. — Walter White (@heisenbergrpt) March 21, 2018 That right there isn’t […]
Europe & Asia Drive Guess?’ (GES) Earnings In Q4, Stock Up
Guess?, Inc. (GES – Free Report) posted fourth-quarter and fiscal 2018 results, with the top and bottom lines surpassing the Zacks Consensus Estimates, and improving year on year. Results were driven by strong revenue growth, especially in the European and Asian regions. Further, the company provided an encouraging outlook for fiscal 2019. The strong performance, combined with sturdy […]
Trucking Growth Improves Year-Over-Year In February 2018
Headline data for truck shipments improved year-over-year. Analyst Opinion of Truck Transport I tend to put heavier weight on the CASS index which showed strong growth year-over-year – but the ATA also shows significant growth YoY, just not as much as CASS It should be pointed out that the trucking movements are improving YoY. ATA […]
Gasoline Volume Sales And Our Changing Culture – Wednesday, March 21
The Department of Energy’s Energy Information Administration (EIA) monthly data on volume sales is several weeks old when it released. The latest numbers, through mid-January, are now available. However, despite the lag, this report offers an interesting perspective on fascinating aspects of the US economy. Gasoline prices and increases in fuel efficiency are important factors, but there […]
E DKS Offers 11.17% Return For Brave Investors
Dicks Sporting Goods (DKS) suffered a horrendous year in 2017, dropping over 60% at one point before finishing the year down 45%. One thing I do at the end of each year is look at the worst performing industries and sectors. That was how I got long FSLR in 2017, you can read about that […]
Are We Underestimating The Blockchain?
Blockchain tech is constantly evolving, and new cryptos are arriving all the time. In our Crypto Asset Strategies service, Adam is always on the hunt for the next big cryptos. He believes we’re in the early stages of a monetary revolution. We’re still in the early days here… and it’s thrilling to imagine what the future […]
Stocks And Precious Metals Charts – Providence, The Hidden Hand
Unless you were buried by a snowdrift you know that the Fed did the expected today, increasing their benchmark rate by 25 bp and maintaining their vectors for three interest rate increases this year, and two next year. There was some feeling based on remarks in their statement that the Fed was signaling a bit […]
Market Talk – Wednesday, March 21
Core indices drifted lower today and possibly from the headline that the Central Bank continues to take steps towards opening its markets. Todays announcement that the domestic market will be open to foreign third party payment firms is another move towards internationalisation. Shanghai and Hang Seng closed with only small losses (-0.3% and -0.4% respectively), […]
Shorten USD As Fed Does Not Change Rate-Hike Path For 2018
In line with expectations, the Federal Reserve raised the target range for the fed funds rate by 25 bp to 1.25% – 1.50%. The post-meeting statement highlighted a strengthened economic outlook and the Committee’s increased confidence to hit the inflation target before the end of this year. Along the same lines, the update Summary of […]
