Author Archive: Jeremy Parkinson
No, The Treasury Curve Isn’t Flattening Because The ECB And BOJ Are ‘Printing Money’
My model of interest rates and currencies says that long-term yields are just an amalgam of future short-term yields with a term premium tacked on. There’s nothing in there about money flow and people moving money to where yields are highest. I think this matters when thinking about what the flattening yield curve signals as […]
4 Technology Stocks In The Spotlight Ahead Of Thanksgiving
Thanksgiving Day (Nov 23) that marks the beginning of the month-long holiday season is just a few days away. Most Americans wait for the fourth Thursday of November every year to begin shopping for the festive season. Hence, higher consumer consumption boosts the overall economy, which is reflected in the movement of the stock market. […]
Beer Brewers: Tomorrow’s Pot Plays
I don’t know who gets the credit for saying: “If you can’t beat ‘em, join ‘em.” (Yogi Berra, Mark Twain or Ernest Hemingway seem like good random guesses…) But that just might be the new mission statement for a $250 billion swath of U.S. companies that appear ready to become America’s first “stealth” pot stocks. […]
October 2017 Headline Existing Home Growth Improves
The headline existing home sales growth improved with the authors saying “While the housing market gained a little more momentum last month, sales are still below year ago levels because low inventory is limiting choices for prospective buyers and keeping price growth elevated.”. Our analysis of the unadjusted data agrees with the headline data. Analyst […]
Two High-Profile Oil Scandals Every Investor Needs To Know About
Achieving a level playing field is sometimes all in the eye of the beholder. It involves the ability to value actual assets following a wave of serious corruption revelations. All of these involve putting a price on trades once oil moves into the wider market. It all started a month ago when, on the same […]
What’s Next For The Top Internet Stocks
How has Amazon completely changed the landscape for many industries – and new opportunities that lie ahead. If the competition for Netflix is heating up, are they prepared for a fight? Snap vs Twitter vs Facebook – the social media battle royale; Where smaller Internet names, like Yelp and GrubHub, fit in; New opportunities for […]
SPX Hits 2600 As Social Chaos Churns
I last wrote about the SPX:VIX ratio in my post of October 25. I mentioned that if the price dropped and held below the 200 level, expect volatility to increase and weakness to set in on the SPX…and, that if it failed to do so, we could see the SPX reach 2600 before such a scenario may ensue. Since that date, we’ve seen the SPX stabilize somewhat, […]
Campbell (CPB) Misses On Q1 Earnings & Sales, Stock Down 8%
Campbell Soup Company (CPB – Free Report) posted first-quarter fiscal 2018 results, wherein both earnings and sales missed the Zacks Consensus Estimate and declined year over year. This marks the third consecutive quarter of negative earnings surprise with fourth straight revenue miss. Per management, the underperformance was due to a volatile operating environment along with intense competition and […]
Is This The Real Reason Why The Treasury Curve Has Been Collapsing For A Month?
A ‘funny’ thing happened a month ago. The Treasury yield curve suddenly started to collapse… despite gains in stocks and positive economic data surprises… the question is, why? Here’s one possible reason why: Originally submitted by GovTrader, TL/DR: Tax reform creates pension fund incentive to buy 30yr bonds NOW. Currently, the top corp tax rate in the US […]
Visiting The Bearish Narratives
Stocks Are Expensive The current market is expensive, but earnings momentum and global growth from the emerging markets are keeping the stock market up. The time the expansion has left is dwindling as the yield curve has been flattening lately. However, the last couple years of gains in a bull market are usually the highest, […]
