Author Archive: Jeremy Parkinson
E Solar Stocks To Get Big Boost From Two Major Catalysts
Two important positive catalysts are poised to boost solar stocks over the medium to long-term. Specifically, an upcoming China-U.S. trade deal and a tremendous Saudi investment in solar energy should greatly increase the sector’s bottom line, sparking a stock rally in the process. As I’ve written in the past, a comprehensive trade deal between the […]
Market Talk – Wednesday, May 2
The Nikkei traded nervously today ahead of the Fed and US NFP’s, but knowing it is closed the rest of the week (Golden Week holidays). Some of the exporters did manage to edge ahead but gains were very limited. The overall trend appeared heavy all be it lethargic, but we are watching the Yen trade […]
Tesla Burns $12 Million Per Day As It Scrambles To Ramp Model 3 Production
Amid reports of a slowing ramp up in Model 3 production, and Elon Musk’s own repeated warning last quarter that manufacturing challenges during a production ramp such as this “makes it difficult to predict exactly how long it will take for all bottlenecks to be cleared or when new ones will appear”… … in addition […]
Wednesday, May 2 FOMC Meeting Statement: The 2% Inflation Target Is Being Realized
Econintersect: The Federal Open Market Committee (FOMC) – the board of directors of the Federal Reserve maintained the federal funds rate as expected. …. On a 12-month basis, both overall inflation and inflation for items other than food and energy have moved close to 2 percent …. Analyst Opinion of the FOMC Meeting Minutes There were several […]
Despite The US Dollar Getting Stronger The Gold Holds Quite Well
After the Fed’s decision to keep interest rates unchanged the gold was quite strong. Despite the US dollar making another ultra-short term top, gold prices held well: source: stooq.com Note that yesterday (May 1) the US dollar broke above its resistance (the red line) but gold did not break below its ultra-short-term support […]
Making (Of) A Statement
I am decidedly in favor of going back to the way it was twenty-five years ago. These constant communications from the Federal Reserve, designed to increase transparency, have accomplished the opposite. Alan Greenspan was made famous for first being an accidental genius (no, it wasn’t massive offshore monetary growth that made the Great “Moderation”, it […]
Industrials, Technology Beating Earnings At The Highest Rate
As highlighted in our prior post, the percentage of companies that have beaten consensus analyst EPS estimates this season stands at 71.6%. Any reading over 70% is very strong relative to past earnings seasons. Below we take the beat rate analysis a step further and look at sector beat rates this season. As shown, five sectors […]
PolarityTE Up 15% After Reporting On Autologous Bone Product
Shares of PolarityTE (COOL), a commercial-stage biotechnology and regenerative biomaterials company focused on discovering, designing and developing a range of regenerative tissue products and biomaterials, are rising after the company announced results demonstrating that the company’s autologous bone product in development, OsteoTE, regenerated complex, hierarchically-organized, corticocancellous bone within critically-sized bone defects in standard preclinical large […]
