Author Archive: Jeremy Parkinson
Shire Plc (ADR) In The Spotlight As Activist Fund Sachem Pushes For More Divestment
Although M&A is a frequent occurrence in the biotech sector, major M&A is normally less common for large cap stocks. In the case of Shire PLC (ADR) (NASDAQ: SHPG), a $46 billion market cap pharma company, major M&A could be a potential outcome due to activist activity. According to Sky News, famous activist fund Sachem Head Capital Management has urged Shire’s board […]
EC A Fund Flows Theory For Value And Momentum Investing
Value and Momentum Investing — our two favorite factors. We talk about these phenomena on our blog all the time, and have given both rational (1) and behavioral explanations as to why these may occur. (Here is a hot off the press working paper that attempts the “rational” route). However, only a handful of investors in the finance community directly invest in stocks […]
NAHB Housing Market Index: “Builder Confidence Rises Four Points In October”
The National Association of Home Builders (NAHB) Housing Market Index (HMI) is a gauge of builder opinion on the relative level of current and future single-family home sales. It is a diffusion index, which means that a reading above 50 indicates a favorable outlook on home sales; below 50 indicates a negative outlook. The latest […]
International Business Machines Corp. 3Q 2017 Earnings Send Shares Higher
IBM 3Q 2017 earnings were released after closing bell, and the company posted non-GAAP earnings of $3.30 per share on $19.2 billion in sales, compared to the consensus estimates of $3.28 per share in adjusted earnings on $18.57 billion in revenue. In the year-ago quarter, the company reported adjusted earnings of $3.29 per share on $19.23 billion […]
Profit From U.S. Manufacturing With These 5 Terrific Stocks
In the latest sign that U.S. manufacturing is in fine fettle, the New York Federal Reserve’s Empire State manufacturing index hit its highest level in three years during the month of October. A raft of recently released data also serves to indicate that the manufacturing sector has performed particularly well this year. The reasons for […]
Peso Surges After NAFTA Ministers Announce Extension Of Talks Beyond Year-End Deadline
Following earlier reports that Canada and Mexico would push back on and “firmly reject” Trump’s Nafta demands, moments ago the Mexican Peso surged by 1.5%, the most in 4 months, after Nafta negotiators announced they had successfully completed the 4th round of talks and agreed to extend negotiations past the year-end deadline.The optimism came despite US trade rep […]
Introduction To Silver Viper Minerals – Exploration Focused In Mexico
TM Editors’ Note: This discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. (Audio length 00:08:00) Silver Viper Minerals (TSX.V: VIPR) is a newly listed exploration company focused on the Clemente Project in Sonora State, Mexico. Steve Cope, CEO of Silver Viper joins me to provide […]
Ichor – Chart Of The Day
Ichor Holdings, Ltd. (ICHR) is engaged in the design, engineering and manufacturing of critical fluid delivery subsystems for semiconductor capital equipment. Ichor Holdings, Ltd. is based in Fremont, United States. The status of Barchart’s Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 […]
The Big Four Economic Indicators: Industrial Production Up 0.3% In September
Note: This commentary has been updated to incorporate the September data for Industrial Production. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This committee statement is about as close as they get to identifying their method. There is, however, […]
Good Job, Fed! Monetary Stimulus And The 0.0001%
In April 2007 the approximate size of the Fed’s balance sheet was $800 billion, meaning that over the last decade it ballooned by 5X to $4.4 trillion. This was supposed to “stimulate” the main street economy, but once again today we got some “in-coming data” that said essentially nuts to that. We are referring to the monthly industrial production index […]
