Author Archive: Jeremy Parkinson
Profire Energy, Inc. Announces Pricing Of Secondary Public Offering Of Common Stock
LINDON, Utah, June 29, 2018 (GLOBE NEWSWIRE) — Profire Energy, Inc. (Nasdaq: PFIE), announced today the pricing of a secondary public offering of 7,500,000 shares of its common stock by certain of its stockholders (the “Selling Stockholders”) at a price to the public of $3.25 per share. In addition, one of the Selling Stockholders has granted […]
We’re Gonna Need A Bigger Bailout – Argentine Peso Plummets To New Record Low
The Argentine Peso collapsed again today – plummeting below last week’s record low to 29/USD. Desk chatter suggests that no one turned up this morning as the central bank announced it would increase its daily spot auctions to USD150mn on Thursday and Friday. Despite continued efforts by the BCRA to sell USD on behalf of the Treasury, this […]
FedEx Continues To Deliver
FedEx (FDX) has a lot going for it. The company is surfing several powerful trends that should continue to grow for several years. 1. The biggest growth factor for FedEx is the rising purchasing power of the Millennial generation. There are over 92 million Millennials who were born between 1982 and 2000. They range in […]
PCE Price Index: May Headline & Core
The BEA’s Personal Income and Outlays report for May was published this morning by the Bureau of Economic Analysis. The latest Headline PCE price index was up 0.21% month-over-month (MoM) and is up 2.25% year-over-year (YoY). The latest Core PCE index (less Food and Energy) also came in at 0.21% MoM and 1.96% YoY. Core PCE remains […]
The 7 Biggest Bitcoin Mistakes Of All Time
It was once said, a dumb person doesn’t learn from their mistakes, a smart person learns from their mistakes, and a genius learns from other people’s mistakes. This age-old saying rings ever true in the crypto market. Nobody’s perfect, and your Bitcoin mistakes can end up costing you big time. There are no refunds or take-backs on […]
Gold – Due For A Bounce, But How High Will It Go
Brien Lundin joins me today to share his thoughts on the washed out gold sector. This time of the year is closing in on a typical bounce period for gold but will it be the 10% we have seen in the past? (Audio length 00:14:15)
Investment-grade Vs. High-Yield
The US stock market is on fire. The American economy is clipping along at the best pace in a long while. Financial conditions are still easy. Not surprisingly, high-yield bond spreads are within spitting distance of recent tights (lows). This is all to be expected in an environment of economic expansion. Investment-grade not playing ball […]
Veeva Gearing Up For AI In Life Sciences
Life sciences-focused cloud computing solutions provider Veeva (NYSE: VEEV) recently announced its first quarter results. The company continued to outpace market expectations during the quarter. Veeva’s Financials Veeva’s first quarter revenues grew 22% to $195.5 million, ahead of the Street’s forecast of $189.2 million. Adjusted EPS of $0.33 was also ahead of the market’s forecast […]
Weekend Reading: Make America More Indebted
I have spilled a lot of digital ink over the last few years on the trajectory of debt, spending and the impact of fiscal irresponsibility. Most of it has fallen on “deaf ears” particularly in the rush to pass “tax reform” without underlying fiscal restraints. To wit: “The recently approved budget was an anathema to any fiscally conservative policy. As […]
Bull Of The Day – Polaris Industries
Recent headlines have highlighted the issues some American companies are having with recent tariffs imposed on imports and the retaliatory tariffs imposed by our trading partners on goods exported from the U.S. to other markets. Harley Davidson (HOG) has been specifically singled out by President Trump for its decision to shift some manufacturing overseas in order to […]
