Author Archive: Jeremy Parkinson
E Applied Materials: Doing Great
Applied Materials (AMAT) has been doing great over the past several years. Why is that? Video Length: 00:04:34
Natural Gas Got Bomb Cyclone In The New Year
Natural gas is the dog that got its day in the New Year trading at $175/MMBtu spot in New York. Less than a month ago, Gas Exporting Countries Forum expected lower natural gas prices“over the next two decades” due to a surge in supplies from unconventional sources supplies from unconventional. With the sever winter storm hitting […]
GDPNow Dives Following Jobs, ISM Report: Little Reaction In Nowcast
A volatility difference between the GDP models is again in play. GDPNow declined 0.5 PP to 2.7% while Nowcast rose 0.1. The Atlanta Fed GDPNow Forecast for fourth-quarter GDP took a half-percentage-point dive following today’s economic reports. GDPNow Forecast: 2.7% – January 5, 2018 The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in […]
7 Stocks To Watch After Jeff Sessions Puts The Cannabis Industry On Notice
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. United States Attorney General Jeff Sessions put the legal marijuana industry on notice after saying that he would rescind a policy that protected marijuana businesses in states where it is legal. While this […]
The Big Four Economic Indicators: December Nonfarm Employment
Note: This commentary has been updated to include this morning’s release of Nonfarm Employment for December. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This committee statement is about as close as they get to identifying their method. There […]
Where The Jobs Were In December: Who’s Hiring… And Who Isn’t
December was expected to be a weaker month than October and November, as a result of the double-whammy of the post-hurricane rebound ending and an adverse winter storm effect, but virtually nobody on Wall Street expected the 3-sigma outlier December payrolls report to be as poor as it was. So which sectors were responsible for […]
Constellation Brands (STZ) Q3 Earnings Beat, Ups FY18 View
Constellation Brands Inc. (STZ – Free Report) delivered robust third-quarter fiscal 2018 results, wherein both the top and bottom line topped estimates and improved year over year. Notably, this marked the 13th consecutive quarter of earnings beat for the company. Further, to inspire investors’ confidence management raised earnings guidance for fiscal 2018. However, shares of Constellation Brands declined […]
E Lords A-Leaping
News in 2018 is proving predictably scandalous. The Brazilian Minister for Industry, Marcos Perreira, resigned on Wednesday. As a result, the bolsa in São Paulo rose 3.4% (the Brazil S&P index). Whether he was implicated in the Lava Jato (car wash) scandal or did something else naughty, I know not. But it is not illegal […]
November 2017 Manufacturing New Orders Improves
US Census says manufacturing new orders improved, Our analysis agrees – and the rolling averages improved. Analyst Opinion of Census Manufacturing Sales According to the seasonally adjusted data, it was aircraft which accounted for much of the increase – but the improvement was widespread. The data in this series is noisy so I would rely […]
