Author Archive: Jeremy Parkinson
Humana (HUM) Beats Q3 Earnings Estimates, Revenues Miss
Humana Inc.’s (HUM – Free Report) third-quarter 2017 operating earnings per share of $3.39 beat the Zacks Consensus Estimate by approximately 3.7%. The bottom line improved 6.6% year over year driven by lower share count. However, adjusted consolidated pretax income of $915 million declined 2% due to charges associated with voluntary and involuntary workforce reduction program and […]
The Strange Behavior Of Gold Investors From Monday To Thursday
You are undoubtedly aware of one or another stock market anomaly, such as e.g. the frequent weakness in stock markets in the summer months, which the well-known saying “sell in May and go away” refers to. Apart from such widely known anomalies, there are many others though, which most investors have never heard of. These […]
It’s Late In The Market Cycle. Do You Know Where Your Portfolio Is?
In our most recent version of our Global Market Outlook, our strategist team points out again just how late we are in our current market cycle. U.S. equity markets, for example, have had steady growth since they bottomed out during the global financial crisis and look expensive by most metrics. And when it’s this late in […]
The Most Active Equity Options And Strikes For Midday – Wednesday, Nov. 8
Top Tickers For Midday, November 8th: CBS, WMT, M, MBI, SNAP, APPL
U.S. Dollar Supported As NZD/USD Double Bottom Shows Ahead Of RBNZ
The quiet week in the FX market continues as the U.S. Dollar holds on to recent gains. One of the few items of excitement on this week’s docket is released later today when the RBNZ hosts a rate decision. But there are scant expectations for any moves as the surrounding context is dizzying in nature. This is going […]
U.S. Consumer Spending In September And Gold
U.S. consumer spending rose 1 percent in September. What does it mean for the gold market? Personal consumption expenditures increased 1 percent in September, following a 0.1 percent rise in August. The rise was strong and slightly above expectations. Actually, it was the biggest gain since 2009. Moreover, real spending increased as well (spending rose 0.6 […]
Bitcoin Explodes To $7900 After Hard Fork Suspended
The USD price of Bitcoin just exploded higher – near $7900 – on heavy volume as CoinDesk reports The organizers of a controversial bitcoin scaling proposal are suspending an attempt to increase the block size by way of a software upgrade. Bitcoin is up over 10% today… and now up over 650% YTD… CoinDesk , known for its strong early support from bitcoin […]
Sell Sally Beauty Amid Tougher Competition From Target, Ulta, Analyst Says
Shares of Sally Beauty Holdings (SBH) dropped in morning trading after an analyst downgraded the stock to the firm’s equivalent of a sell rating, saying its retail segment is facing tougher competition while its professional segment is decelerating. TOUGHER COMPETITION: Morgan Stanley analyst Simeon Gutman this morning downgraded Sally Beauty to Underweight, the firm’s equivalent […]
Make Triple-Digit Gains By The End Of The Year
Now is a great time of year to be a short-term trader. That’s because seasonal trends are showing buy signals in stock markets around the world. Seasonal trends are well-known in the United States. In the U.S., traders who follow the advice to “sell in May” know the best six months just started. However, end-of-year trends […]
U.S. Workforce Recovery – Wednesday, Nov. 8
We’ve updated our monthly workforce analysis to include last week’s Employment Report for October. The unemployment rate fell to 4.1%, and the number of new nonfarm jobs (a relatively volatile number subject to extensive revisions) came in at 261K. The Unemployment Rate The closely watched headline unemployment rate is a calculation of the percentage of the Civilian […]
