Author Archive: Jeremy Parkinson
One ‘Ominous’ Sign For The Vol. Sellers: Fatter Tails
October was supposed the month when volatility returned. Or maybe not. Actually no one believed that. Seasonality made for some good “watch out” posts, but the reality of the situation is that between the central bank/market communication loop, the dynamics and perverse incentives that loop creates, and the vol. suppressing effect of indiscriminate flows, there’s […]
The Dow, Fed Chair Decision And Tech Monsters
Stocks had a fantastic run on Friday. A sign of the times was how GE stock rallied in the face of disappointing results to close up 0.97%. EPS was 29 cents, missing the estimates for 49 cents and the full year guidance was cut from $1.60-$1.70 to $1.05-$1.10. The S&P 500 was up 0.51% and […]
5 Stocks To Watch This Week 10/23 – CMG, GOOGL, INTC, AMZN, XOM
We look at the community consensus for earnings results this week for five market-moving companies. Chipotle Mexican Grill (CMG) Consumer Discretionary – Hotels, Restaurants & Leisure | Reports October 24, after the close. The Estimize consensus calls for EPS of $1.73, thirteen cents higher than the Wall Street consensus, with revenues nearly in-line at $1.15B. […]
An Awful Lot Of Green And Upgraded Models
We’ve got a new week on tap so let’s get started with a review of my key market models/indicators and see where we stand. To review, the primary goal of this exercise is to try and remove any subjective notions about what “should” be happening in the market in an attempt to stay in […]
Time For Caution In Gold Miners
Last week we noted the likely negative impact of a sustained rebound in the US Dollar on Gold. Recent weakness in precious metals has not been much of a surprise considering the sector’s relative weakness months ago amid a weak US Dollar. While the greenback has bottomed, it has yet to push above resistance at […]
What To Expect From Halliburton Monday
Halliburton (HAL) reports Q3 earnings Monday. Analysts expect revenue of $5.35 billion and EPS of $0.37. The revenue estimate implies 8% growth sequentially. Investors should focus on the following key items: North America Should Deliver Again North America land drilling was characterized by cut throat competition after oil prices diverged to the down side in […]
Low Interest Rates Subsidize Wealthy Households
When the economy begins to sink into recession, politicians, mainstream economists, policy wonks and the Federal Reserve begin beating the economic stimulus drum. Politicians, however, disagree over the type of stimulus to implement. The center-left party proposes greater expenditures on public assistance programs. The center-right party supports permanent tax rate reductions. The center-left party opposes […]
Looking For Value In A Bull Market
We are 8.5 years into the current bull market, so every now and then, somebody raises a red flag, and for a few days we are treated to reports about the possibilities of the next recession that could usher in another bear market. But that just doesn’t seem to be happening. For one thing, […]
Gold Cycle Update- Oct. 21
Why has gold not fallen below $1000? What is the golden canary telling us? In short, the old heads out there know there is a yin for a yang. Currently the S&P 500 is screaming higher despite massive debt and a very low VIX. This won’t last forever, and the flip side could be very […]
