Author Archive: Jeremy Parkinson
China ETFs In Focus On Recent Sell-Off
China is hot and soaring among all the other equity markets this year thanks to improving economic growth. In fact, China is leading the global markets, attaining the best-performing country spot in the year-to-date time frame. But the incredible run eased somewhat last week as a combination of factors including tightening liquidity and jitters over […]
Black Friday To Thanksgiving Weekend, Discontinuities Aside
I was expecting quite a bit more, but perhaps should not be surprised at what was actually delivered. The National Retail Federation (NRF) after delaying its Black Friday retail spending estimates updated them later Tuesday for the now designated Thanksgiving Weekend. These new figures capture spending activity on both Thanksgiving Day itself as well as […]
Move Over, Tesla – China Holds The Keys To Electric Vehicles
Earlier this month, I shared with you a quote from Arnoud Balhuizen, chief commercial officer of BHP Billiton, the largest mining company in the world. In a September interview with Reuters, Balhuizen called 2017 the “revolution year [for electric vehicles], and copper is the metal of the future.” Balhuizen’s assessment couldn’t be more accurate, and the implications […]
Hasbro-Mattel Merger Could Produce Big Profits
Hasbro (HAS) is not playing around. One of the largest companies in the toy industry is looking to acquire major competitor Mattel (MAT) according to a report from The Wall Street Journal . Mattel reportedly rejected Hasbro’s first offer, but I could still see more effort to make a deal happen. This is not the first time […]
JPMorgan’s Outlook For 2018: “Eat, Drink And Be Merry, For In 2019…”
While the prevailing outlook by the big banks for 2018 and onward has been predominantly optimistic and in a few euphoric cases, “rationally exuberant”, with most banks forecasting year-end S&P price targets around 2800 or higher, and a P/E of roughly 20x as follows… Bank of Montreal, Brian Belski, 2,950, EPS $145.00, P/E 20.3x UBS, Keith […]
Q4 Lifted Hedge Fund Assets To Another All-Time High
Written by eVestment The continued positive aggregate returns to start Q4 lifted hedge fund assets to another all-time high, despite net flows in negative territory for a second consecutive month. On a net basis, outflows were small again in October, but the industry felt redemption pressures more broadly than much of the year. Allocations and redemptions were highly […]
Wholesale Inventories Down 0.4%, Retail Down 0.1%
Wholesale and retail inventories both declined in October according to the Census Bureau Advance Indicators report. Census Bureau Advance Inventory Numbers Chart excerpted from the Census Bureau Advance Indicators report. The inventory numbers are likely to reduce fourth-quarter GDP estimates slightly.
Hot Options Report For End Of Day – Tuesday, Nov. 28
Top tickers for end of day: BAC, F, AAPL, ZNGA.
Richmond Fed Manufacturing: Robust Growth In November
Today the Richmond Fed Manufacturing Composite Index was at 30 for the month of November, up from last month’s 12. Investing.com had forecast 14. Because of the highly volatile nature of this index, we include a 3-month moving average to facilitate the identification of trends, now at 20.3, which indicates expansion. The complete data series behind today’s […]
Valhi – Chart Of The Day
The Chart of the Day belongs to Valhi (VHI). Since the Trend Spotter signaled a buy in 10/2 the stock gained 140.45%. Valhi Inc. operates through majority-owned subsidiaries or less than majority-owned affiliates in the chemicals, component products, waste management and titanium metals industries. These subsidiaries and affiliates are NL Industries, Inc., CompX International Inc., Waste Control Specialists LLC, […]
