Author Archive: Jeremy Parkinson
5 Telecom Stock Set To Beat Estimates This Earnings Season
The U.S. telecommunications industry had a disappointing 2017. Cut-throat pricing competition resulting in lower ARPU (average revenue per user) and margins, massive investment for upcoming 5G wireless network and fiber optic buildout resulting in low free cash flow and intense competitive pressure shifted investor’s focus toward other growth-oriented industries in an overall bull market in […]
Of Rising Crude Oil Prices, Nifty IT Index, And Top Cues In Focus Today
Share markets in India closed on a flat note yesterday. At the closing bell yesterday, the BSE Sensex stood higher by 22 points and the NSE Nifty closed up by 3 points. The BSE Mid Cap index ended the day down by 0.6%, while the BSE Small Cap index ended the day down by 0.9%. […]
The Dismal Boom
There is a fundamental assumption behind any purchasing manager index, or PMI. These are often but not always normalized to the number 50. That’s done simply for comparison purposes and the ease of understanding in the general public. That level at least in the literature and in theory is supposed to easily and clearly define […]
Will “Real” Rally Sweeten Sugar?
Understandably the commodity-oriented Brazilian economy has a close connection between its currency and the crops it grows. Sugar, Coffee, Cocoa and to a lesser extent Soybeans and Orange Juice all have some correlation with the Brazilian economy and its currency – the “Real”. When commodities, in general, peaked in 2011, so too did the Brazilian […]
“Retail Apocalypse” 2018: Nine West Plans Bankruptcy Filing
We’re three weeks into the year and the first of what are expected to be dozens of retail bankruptcies has arrived: Nine West. But it’s hardly the first piece of bad news for the embattled retail sector: Wal-Mart Stores (WMT) abruptly closed more than 60 of its popular “Sam’s Club” locations. Macy’s (M) has announced […]
December 2017 Sea Containers Counts Show 2017 Was A Good Year
The December month-over-month import and export container counts are marginally weaker than the previous month. But overall, 2017 container counts for imports are at record levels, whilst exports enjoyed the best year since 2014. Analyst Opinion of Container Movements Simply looking at this month versus last month – the growth rates were marginally weaker for […]
Support Level Indicators Converge In A Traffic Circle
There’s breaking a major pivot or moving average intraday, and then there’s breaking those levels on the close. Today, after our unusual micro analysis of S1 – the point that the S&P 500, NASDAQ and the Dow have not closed below at all this month – is one for the textbooks. To review: S1 is […]
Weather-Driven Volatility Continues To Rock Prompt Natural Gas
The February natural gas contract has been trading like cash at Henry Hub the last couple of days, spiking or plummeting off individual weather model runs or over the course of minutes. After a short squeeze triggered a temporary market halt yesterday, prices remained elevated overnight, pulling back gradually at first through the day before […]
Discover Financial (DFS) Beats Q4 Earnings And Revenues
Discover Financial Services’ (DFS – Free Report) fourth-quarter 2017 adjusted earnings of $1.55 per share surpassed the Zacks Consensus Estimate by 1.3%. The bottom line also rose 10.7% year over year driven by strong loan and revenue growth across segments. Including non-recurring charges and pre-tax expenses, net income per share came at 99 cents in the fourth […]
Stocks And Precious Metals Charts – Enough Is Enough
The markets were roiled today by comments from the Trump Administration. The first was that the weaker dollar is good for trade, which sent the US Dollar into a tailspin, falling down on the DX level to a new recent low of 89. And the second was some comments on the unfairness of trade with […]
