Author Archive: Jeremy Parkinson
Cisco Systems Has Connections
Every New York stock exchange trading day I’m posting a daily dividend stock or fund review. I’ll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I’ve named the Safari to Sweet Success. This week my latest portfolio seeks a high-yield and growing stock […]
The Frogs Of War
On Friday evening, when I found out about the Syrian missile strike, I didn’t quite know what to anticipate once the market re-opened Sunday afternoon. Some folks tweeted that it would be a sea of red. I wrote that I no longer trusted bad news. My cynicism was proved correct, as the new hostilities (and […]
NZDUSD: Declines Further On Corrective Pullback
NZDUSD pair looks to build on its Friday correction in the new week as it saw price weakness during early Monday trading session today. Support lies at the 0.7300 level. Further down, the 0.7250 level comes in as the next downside target. Conversely, resistance resides at the 0.7400 level where a break will aim at […]
BofA (BAC) Beats On Q1 Earnings And Revenue Estimates
Have you been eager to see how Bank of America (BAC – Free Report) performed in Q1 in comparison with the market expectations? Let’s quickly scan through the key facts from this Charlotte-based one of the world’s largest financial institutions’ earnings release this morning: An Earnings Beat BofA came out with earnings of 62 cents per share, which […]
Ripple Not Bitcoin Will Be The Cryptocurrency Of The Future: DeVere
Ripple can be expected to “convert the remaining crypto cynics,” affirms the boss of one of the world’s largest independent financial services organizations. iq501 / Pixabay The prediction from Nigel Green, the founder and CEO of deVere Group, comes as Ripple (XRP) experienced a spike last week, adding another $62bn to its market value. The cryptocurrency […]
Empire State Manufacturing Survey: Growth In April At Slower Pace
This morning we got the latest Empire State Manufacturing Survey. The diffusion index for General Business Conditions at 15.80 was a decrease of 6.7 from the previous month’s 22.50. The Investing.com forecast was for a reading of 18.80. The Empire State Manufacturing Index rates the relative level of general business conditions in New York state. A level above […]
Forex Week Ahead: April BoC Meeting And Inflation Data
The markets were witness to another week of volatility with various themes playing out. The uncertainty surrounding trade wars finally eased after the Chinese Premier was seen softening his stand last week in a speech where he promised to open the doors to China’s markets. The week ahead will continue to see the volatility especially in Syria […]
J.B. Hunt (JBHT) Misses On Q1 Earnings
J.B. Hunt Transportation Services, Inc. (JBHT – Free Report) reported first-quarter 2018 earnings per share of $1.07, missing the Zacks Consensus Estimate of $1.09. How Was the Estimate Revision Trend? Investors should note that the earnings estimate revisions for J.B. Hunt depicted a healthy picture prior to the earnings release. The stock had seen the Zacks Consensus Estimate […]
Retail Sales Rebound In March As Autos Jump
After 3 straight months of declines, March retail sales surprised to the upside bouncing 0.6% MoM (+0.4% exp), but ex-autos/gas was a disappointment (rising 0.3% vs 0.4% expectations). The 0.6% MoM spike was higher than the highest (of 71) economists’ estimate Eight of 13 major retail categories showed increases. Sales at health and personal-care stores rose 1.4 percent, the […]
Q1 18 Review: A Return Of Volatility And A Time To Revisit Strategy
After a lengthy snooze, market volatility resurfaced in Q1. The year started off hot. US stocks rose 5.2% in January and extended the S&P 500’s all-time record for consecutive positive months to 15. But February began with a sharp drop that barely dipped into 10% correction territory. In the end, the ups and downs roughly […]
