Author Archive: Jeremy Parkinson
Toys R Us Not Just A Retail Casualty
Toys R Us just joined the unenviable list of top retail failures of the past decade: Circuit City, Linens-N-Things, A&P (the Great Atlantic & Pacific Tea Company), Sports Authority, and Radio Shack (whose downfall we called in 2016). While there are many reasons for the loss of these once household names, and Toys R Us […]
4 Retail Stocks To Buy Despite Soft February Sales
U.S. retail sales remained soft in the month of February per the recent data released by the United States Commerce Department, reflecting a decline of 0.1%, way behind the consensus expectation of 0.4% growth. January data, however, was revised upward to show sales dipping 0.1% instead of decline of 0.3% as previously reported. It marked […]
FX Markets Look To UK & Japanese CPI; FOMC, RBNZ, & BOE Meetings
03/20 Tuesday | 09:30 GMT | GBP Consumer Price Index (FEB) Consensus forecasts, according to Bloomberg News, are calling to see inflation having increased by +0.5% from -0.5% (m/m) and +2.8% from +3.0% (y/y). Likewise, Core CPI is expected to dip to +2.5% from +2.7% (y/y).Unlike inflation reports in previous months, the upcoming data release doesn’t hold much importance for the Bank of […]
Has China Overtaken The U.S. In Terms Of Innovation?
from the St Louis Fed — this post authored by Ana Maria Santacreu and Heting Zhu Two measures of innovative activity of a country are: Its research and development (R&D) intensity (that is, the fraction of total output invested in R&D), which reflects the effort of innovation Its number of patent applications, which reflects the output of […]
Why Investors Should Gobble Up McDonald’s Stock
It was just a few short years ago when McDonald’s (NYSE: MCD) was suffering and the stock was hurting. Then CEO Don Thompson was trying to turn the company image around amidst a growing interest in healthier fast food and low prices. His efforts failed to materialize and McDonald’s stock continued to suffer. But in stepped […]
What Acquisitions Are On Adobe’s Radar?
Adobe (Nasdaq: ADBE) has over the past few years reinvented itself as a cloud-based service provider. Today, it helps its customers to not just create content but also deliver, optimize, and personalize marketing content and applications. Last week, it reported its sixteenth straight quarter of revenue growth driven by growth in its digital media and […]
Make Margin Calls Great Again: FB -8%, VIX Near 20, Dow -300
Facebook is down 8% – its biggest single-day drop since Sept 2012… Breaking below its 200DMA… And along with the rest of the FANG stocks is crashing the market… FANG… Nasdaq futures are down 3%… The S&P 500 has broken back below its 50DMA… And Dow below its 100DMA… […]
Oracle: It’s All About The Cloud
Oracle (ORCL) reports quarterly earnings after-hours. Analysts expect revenue of $9.78 billion and eps of $0.72. The revenue estimate implies about 2% growth sequentially. Investors should focus on the following key items. It’s All About The Cloud Oracle provides products and services that address various aspects of a company’s information technology environment – application, platform, […]
Wash Sale Rules
If you’ve been investing for any period of time, you may have run across the term Wash Sale – do you know what it means? And what are the IRS rules regarding Wash Sales? Photo by ooOJasonOoo In a nutshell, a wash sale occurs when you sell a security (stock, bond, or mutual fund, for example) […]
Facebook Slides On Cambridge Analytica Fallout
Shares of Facebook (FB) are slipping following media reports saying that Cambridge Analytica harvested private information from more than 50M users in developing techniques to support President Donald Trump’s 2016 election campaign. The data analytics company has since been suspended by the social media platform. Commenting on the news, Pivotal Research analyst Brian Wieser told […]
