Author Archive: Jeremy Parkinson
Tiffany Q4 Earnings & Sales Beat, Issues FY18 View
Tiffany & Co. (TIF – Free Report), the designer and retailer of fine jewelry, came out with fourth-quarter fiscal 2017 results, wherein earnings of $1.67 per share surpassed the Zacks Consensus Estimate of $1.63 and also increased 15% year over year. Earnings Estimate Revision: The Zacks Consensus Estimate for fiscal 2018 remained stable in the last 30 days. In […]
Crude Oil – Friday, March 16
CL waiting for direction within converging price triangle. Source: INVESTING.com
Crypto Suddenly Spikes Higher As Bitcoin ‘Death Cross’ Looms
With a ‘death cross’ looming in the cryptocurrency… The 50-day moving average is heading precipitously lower to cross the 200-day moving average, which would trigger a so-called ‘death cross’… But Bitcoin has continued to find support above $8,000 (and the mystery dip-buyer’s territory), suddenly spiking over $300 in the last few minutes… And as goes […]
New Residential Building Permits: 1.3M In February
The U.S. Census Bureau and the Department of Housing and Urban Development have now published their findings for February new residential building permits. The latest reading of 1.298M was a decrease from a revised 1.377M in January and below the Investing.com forecast of 1.320M. Here is the opening of this morning’s monthly report: Building Permits Privately-owned housing […]
SPX Bullish As Long As 2700-2735 Holds
Small wedge broke. Big wedge holds. Support is at 2735. Cloud support at 2700. Upper BB at 2800, mid-BB at 2733. Simple thinking. Holding above 2730-2700 the chances favor bulls for at least a run towards 2800. The upper blue wedge boundary is at 2850. Break the blue wedge and the Daily cloud support, the […]
Featured Stocks In March’s Most Attractive/Most Dangerous Model Portfolios
Recap from February’s Picks Our Most Attractive Stocks (+3.5%) outperformed the S&P 500 (+1.5%) last month. Most Attractive Large Cap stock Micron Technology (MU) gained 24%. Most Attractive Small Cap stock Oclaro (OCLR) was up 11%. Overall, 21 out of the 40 Most Attractive stocks outperformed the S&P 500 in February. Our Most Dangerous Stocks (+1.9%) underperformed […]
XIV & SVXY – What Really Happened?
Introduction The volatility markets have already experienced two seismic events in 2018. First the sharp devaluation of inverse VIX Exchange Traded Products (ETPs) on February 5th leading to the retirement of the Credit Suisse issued VelocityShares Daily Inverse VIX Short-Term ETN (XIV) and the lesser known Tokyo listed Nomura Next Notes S&P 500 VIX Short-Term […]
They Should Have Called It Another “Great Depression”
The Reason the Great Recession Isn’t Over Is Because It’s Another “Great Depression” There’s good news and bad news. The good news is that if you own a portfolio heavily weighted in favor of defense stocks, you may even expect gains in 2018. This is especially true for those who boarded that train early on—that is, before […]
Breathe In, Breathe Out
It was just Wednesday afternoon when we noted the following: It’s starting to seem like stocks are worried more about a recession than they are runaway inflation – curve is starting to flatten pretty aggressively. The is something that Bloomberg’s Ye Xie observed as well, noting that “in early February, the stock correction was accompanied by […]
Stanley Black & Decker: A True Dividend King
Stanley Black & Decker (SWK) has put together an amazing track record of dividends over time. The company says it has paid dividends for an almost unbelievable 141 consecutive years and the last 50 of those years have each seen increases in the payout. Track records like this are almost unheard of and as such, Stanley Black […]
