Author Archive: Jeremy Parkinson
EC The Most Important Chart In Macroeconomics
We’ve discussed the meaning of the 10-year bond yield at length in a couple articles. For almost this entire bull market, the point that low yields are causing stocks to go up has been repeated endlessly. That call didn’t matter much when yields were going down because it simply implied investors should ride the wave. […]
Why Steven Cohen Increased His US Concrete Stake By 64%
A schedule 13G filing with the SEC on Friday evening revealed that Steven Cohen increased his stake in US Concrete Inc (Nasdaq: USCR) by $20.7 million. With the stock down -16.4% in the last month, it’s worth taking a closer look at the company. Point72 Adds To Its US Concrete Stake On February 14th, Steven Cohen’s firm Point72 Asset Management filed […]
Was January A More Complete Dollar Inflection?
Friday, January 26, stocks hit their last record highs. Buoyed by supposedly strong earnings along with near euphoria about tax reform anecdotes, all three major US indices were sitting at their respective tops after another big week. Everything was apparently going in the right direction: All the three key U.S. indexes closed at record levels on […]
Trump Set To Unleash $60bn China Tariffs On Friday
Having rejected a plan for imposing $30 billion in tariffs on Chinese imports last week, saying they weren’t big enough; President Trump is reportedly planning to unveil by Friday, a package of $60 billion in annual tariffs against China. Trump is following through on a long-time threat that he says will punish China for intellectual property infringement and […]
Stocks To Trade: Entegris, Apache, News Corp.
Tuesday’s stock picks Take a look at three trading ideas to prep you for the next trading session. Long Entegris (ENTG) Long News Corp (NWS) Short Apache (APA)
Oh No! We Are Running Out Of People
Barring a recession, it appears the US is running out of people. We aren’t. The chart is misleading. The Wall Street Journal asks Is America Running Out of Unemployed People to Fill Jobs? For every job opening in America, there’s now barely more than one unemployed person available to take it. In mid-2015, there were 2.3 […]
Ten-Year T-Yield Still Trapped In L/T Channel – TLT As Trading Vehicle N/T
Once again, 10-year Treasury yields failed at the top end of a long-term channel, although can push higher near term, creating a trading opportunity in TLT. Close, but no cigar! The 10-year rate came very close to breaking out of the three-decade-old descending channel it is in. Yields rose to 2.94 percent on February 21. […]
Consider Equity REITs For Your Next Investment: Omega Healthcare Investors
I recently wrote an article for Sure Dividend entitled “Consider Equity REITs for Your Next Investment“. In that article, I listed nine equity REITs for dividend investors to consider in light of the drubbing that REIT valuations have recently taken due to fear of rising interest rates and to capitalize on the pass-through provision for […]
Facebook Stock Gets Knocked Down By Cambridge Analytica Story
International Markets Drive Revenue Growth It’s not a surprise the small caps, which are mostly domestically focused, have lagged the S&P 500 in terms of margin expansion and revenue growth because the domestically focused firms in the S&P 500 have had slower growth than international firms for the past few quarters of this expansion. This […]
Market Flips Over
The road is perfectly straight and dry. However, it is heavily trafficked. One impatient driver decides to pass as many cars as he can by accelerating well beyond the speed limit. He puts metal to the pedal, disregarding the oncoming traffic. Lucky for him, he has a seatbelt on while his car flips over several […]
