Author Archive: Jeremy Parkinson
7 Stocks With Impressive Sales Growth To Keep An Eye On
Sales growth is an important metric for any company, as it is a vital part of growth projections and instrumental in strategic decision-making. It provides an insight into product demand and pricing power. By monitoring this key metric over multiple time periods, one can easily understand a company’s growth trend. Sales growth is important to […]
Industrial Production +0.5 Percent But Manufacturing Weak At +0.1 Percent
Industrial production beat the consensus (ignoring revisions), but manufacturing was weak once again. The Fed’s Industrial Production and Capacity Utilization report shows production rose 0.5 percent in March. Details Industrial Production rose 0.5 percent in March after increasing 1.0 percent in February. Production advanced 4.5 percent at an annual rate for the first quarter as a whole. […]
NZD/USD Price Analysis: Deeper Correction Underway?
The New Zealand Dollar reversed sharply off the yearly high-day close at 7390 on Friday. The pullback is now testing initial areas of support, which if broken, could clear the way for a larger correction in price. For now, here are the levels to consider. NZD/USD DAILY PRICE CHART Technical Outlook: In this week’s Technical Perspective, we highlighted that […]
No Suggestion Of Growth, Only L
In 1979, Chinese Premier Deng Xiaoping designated four areas as Special Economic Zones (SEZ). Three were located in Guangdong Province, the southeastern region that wraps around the city of Hong Kong. One of those, situated just on the other side of the water from the then-British controlled jurisdiction, Shenzhen would be transformed from a sleepy […]
J&J Tops Q1 Earnings Estimates, Raises Sales Guidance
Johnson & Johnson (JNJ – Free Report) kicked off 2018 pharma earnings on a strong note, beating the Zacks Consensus Estimate on both counts in the first quarter of 2018. The drug and consumer products giant upped its previously issued sales outlook for 2018. Shares were up around 1% in pre-market trading. This year so far, J&J’s shares […]
Goldman Gives Up Early Gains As CFO Sees No Buybacks In Q2
Blowout earnings were not enough to keep Goldman Sachs green as while everything looked ‘awesome’ before the bell, when Goldman’s CFO Martin Chavez told investors on the call that there will be no share repurchases in Q2, he spoiled the party… *GOLDMAN CFO SAYS NO SHARE REPURCHASES SEEN FOR SECOND QUARTER Investors seemed not to like that […]
New Residential Housing Starts Up In March
The U.S. Census Bureau and the Department of Housing and Urban Development have now published their findings for March new residential housing starts. The latest reading of 1.319M was above the Investing.com forecast of 1.290M and an increase from the previous month’s revised 1.295M. Seasonally adjusted figures were revised going back to January 2012. Here is the […]
Gold: A Thousand Dollar Rally?
Sales and profits growth for key Asian gold jewelers continues to set the stage for an imminent and massive mining stocks rally. Double-click to enlarge this fabulous Chow Tai Fook chart. A major breakout to the upside is in play, and where Chinese jewelers go on the price grid, Western miners are likely to follow. Some […]
The Greatest Investments In Perspective
A fascinating chart, particularly when you see how swiftly bitcoin moved.
AUD/USD Pops As RBA Minutes Show Board In Favor Of Rate Rise As The Next Move
Meeting Minutes Bring Surprise With the RBA having kept rates unchanged for 18 consecutive policy meetings, marking the longest stretch that rates have remained static in the bank’s history, the release of the latest RBA meeting minutes were not expected to deliver any new information. However, the April RBA minutes show board in favor of Rate […]
