Author Archive: Jeremy Parkinson
Underlying Earnings Season Weakness
More than 2,300 companies have now reported their Q3 2017 earnings results since earnings season began back on October 9th. With just a week left until the unofficial end of the reporting period, the S&P 500 is up 1.3% since the start of earnings season. While the S&P’s gain is nice to see, the underlying […]
GBP/USD Resilience To Persist Ahead Of U.K. CPI, Slew Of BoE Rhetoric
GBP/USD appears to be on its way to test the November-high (1.3321) as it breaks out of the narrow range from earlier this week, and the key developments coming out of the U.K. economy may continue to fuel the near-term resilience in the British Pound should the data prints encourage the Bank of England (BoE) to further […]
The Most Active Equity Options And Strikes For Midday – Friday, November 10
Top Tickers For Midday, November 10th: CBS, AAPL, MU, GE, EPD
Nvidia Corporation Stock Surges After FQ3 2018 Earnings
The NVIDIA FQ3 2018 earnings results were released after closing bell on Thursday night. The chip maker reported earnings of $1.33 per share on $2.64 billion in sales, compared to the consensus of 94 cents per share and $2.36 billion in revenue. The NVIDIA FQ3 2018 earnings results were released after closing bell on Thursday night. The […]
Dow 30 Stock Roundup: Disney Misses, Boeing Wins $37B China Order
The Dow notched up minor gains over the week, before ultimately declining on concerns related to Trump’s tax proposals. Mergers and acquisitions related reports helped the index notch up fresh records even though movements continued to occur within a tight band. Ultimately, prospects of a delay in the implementation of tax cuts proposals dragged the […]
Not The Usual Hollow Words
The Communist Chinese government views banking as a core industry, the securities business a core concept of banking. Their domestic sector has therefore been given preference and protection despite market reforms adopted elsewhere in China’s economy. Foreign bank presence has been ostensibly nothing, a fact that the government I believe wanted as a measure of […]
Larger Than Expected U.S. Corn & Soybeans Crops Weaken Prices
Market Analysis The USDA stunned the market when their November corn production update was above the trade’s range of expectations by 119 million bushel and 248 million over a wire service’s average at 14.578 billion bu. This month’s soybean revision was also higher than expected, but only by 17 million bu. November’s crop level was […]
Medical Device Makers Fall After Citi Says Amazon Coming Soon
Amazon.com (AMZN) is likely further ahead in accessing the medical supply chain than it is within other parts of healthcare, Citi analyst Amit Hazan told investors earlier in a research note titled “Amazon: Coming for Medtech Sooner Than You Think.” The analyst believes Amazon is working with an advisory board of at least 12 large […]
How The GOP Tax Plan Rips Off The Middle Class
Yesterday, Senate Republicans announced their proposed tax reform measures. Instead of eliminating the inheritance tax – like the House version does – the Senate proposal would increase the exemption by $5 million per person. And instead of cutting business taxes right away, the cuts wouldn’t happen until 2019. We never met a tax cut we […]
If History Repeating Itself; Another Five Years For Equity Bull Market
Shortly after the 2016 election in a post titled, Equity Market Beginning To Resemble Bull Market Of The 1950’s And 1980’s, I discussed how the equity market continued to trace a similar path as the market in the those two earlier decades. A part of my conclusion indicated the anticipated policies under a Trump administration would […]
