Author Archive: Jeremy Parkinson
Billion Dollar Unicorns: Will A Sales Strategy Change Help Cloudera?
Photo Credit: techmsg/Flickr.com Billion Dollar Unicorn Cloudera (NYSE: CLDR) listed in April last year. Many expected it to be a strong IPO, but the company has not done very well under public scrutiny. Recently, it reported its fourth-quarter results where the weak guidance sent the stock to its lowest levels since it listed. Cloudera’s Financials Revenues for the quarter […]
CBO – “Making America More Indebted”
In December of last year, as Congress voted to pass the “Tax Cut & Jobs Act,” I wrote that without “real and substantive cuts to spending,” the debt and deficits will begin to balloon. At that time, I mapped out the trajectory of the deficit based on the cuts to revenue from lower tax rates and sustained levels of government spending. […]
NCI Building Systems: Ready To Raise The Roof By 30%+
Non-residential construction remains in a growth phase. Office space vacancies have been stable, but the sector is still seeing the most speculative building on record. Meanwhile, warehouse and flex-space sectors are ripe for investment with low vacancy and increasing rents. Experts see industrial construction leading the way over the next two years, and clients are […]
Japan’s Business Confidence Weakens In Q1 – April Tankan Survey
On Sunday of last week, the Bank of Japan’s quarterly tankan manufacturing and non-manufacturing survey data was released. Covering the period of the first quarter, data showed that confidence among the larger manufacturing firms in Japan weakened for the first time in two years. The decline in confidence came as investors remained cautious on the business outlook […]
A Record Streak In Jobless Claims
Jobless claims came in higher than expected for the second time in a row this week, but the report was still monumental from a historical perspective. While economists were forecasting first time claims to fall to 230K from last week’s higher than expected level of 242K, the actual reading came in at 233K. This week’s print […]
Weekly Unemployment Claims: Down 9K, Slightly Worse Than Forecast
Here is the opening statement from the Department of Labor: In the week ending April 7, the advance figure for seasonally adjusted initial claims was 233,000, a decrease of 9,000 from the previous week’s unrevised level of 242,000. The 4-week moving average was 230,000, an increase of 1,750 from the previous week’s unrevised average of […]
EUR/GBP: Vulnerable, Weakens
EUR/GBP- The pair faces further downside pressure leaving risk lower. Support lies at the 0.8650 level where a violation will turn focus to the 0.8600 level. A break will expose the 0.8550 level. Its daily RSI is bearish and pointing lower suggesting further weakness. Conversely, resistance resides at the 0.8800 level where a violation if […]
BlackRock’s Q1 Earnings & Revenues Surpass Estimates
Have you been eager to see how BlackRock, Inc. (BLK – Free Report) performed in Q1 in comparison with the market expectations? Let’s quickly scan through the key facts from this New York-based investment management company’s earnings release this morning: An Earnings Beat BlackRock came out with adjusted earnings per share of $6.70, beating the Zacks Consensus Estimate of […]
EC Americans Used To Be Savers
An article, a reflection of his childhood, The Financial Times’ Berlin Correspondent Tobias Buck recently wrote of Germany’s immutable obsession with saving money. His behind-the-scenes account of piggy banks and children’s decorated money boxes (some, 400 years old), stored in a back shelf of the German Historical Museum stirred the memory dust for some guy […]
What Is Day Trading: Its Advantages And Disadvantages
Day trading tends to be very popular when the market surges (e.g. the dot-com bubble or the cryptocurrency bubble). This is because everyone and their grandmother can make money trading when the market is going up. But it’s when the market’s going down that separates the truly skilled day traders from the beginners. In this […]
