Author Archive: Jeremy Parkinson
Target (TGT) Q4 Earnings Lag, Sales Top Estimates, Guides ’18
Target Corporation (TGT – Free Report) , the leading department store retailer, came out with fourth-quarter fiscal 2017 results, wherein adjusted earnings from continuing operations of $1.37 per share missed the Zacks Consensus Estimate by 2 cents and also declined 5.8% year over year. For fiscal 2018, Target now envisions adjusted earnings in a band of $5.15-$5.45. For […]
The Euro And The Eurozone: Why They Could Cause The Next Financial Crisis
Anti-Eurozone Movements Brewing in the Common Currency Region Mark my words, if the eurozone falls apart, it could have dire consequences across the globe. The common currency region could be the source of the next financial crisis. Before going into any details, we know our readers are not very interested in the eurozone, but there […]
They Just Don’t Get It
Shale predictions and price predictions, sometimes they just do not get it. According to an article in today’s Financial Times, OPEC is shocked by how many hedge funds really have no clue about how the oil market works. OPEC’s Secretary General Mohammad Barkindo, who met with hedge fund managers, seemed shocked that many of them […]
Innovate Biopharmaceuticals: Why Is This Stock Flying?
We have searched far and wide for why Innovate Biopharmaceuticals (INNT) is flying high. The news is absolutely scarce other than a recent a reverse recapitalization with Monster Digital (Nasdaq: MSDI). At the end of Q3 2017, the company had $174K in cash and operations consumed an average of ~$1M during the first three quarters of 2017 so it […]
The Current Macro Environment And Fed Policy
Audio Length: 00:54:00 On last week’s “Behind the Markets” podcast, we had a great discussion on the current macro and political environment— in the U.S., Europe and emerging markets—with Manish Singh, CIO of Crossbridge Capital, and long-time Federal Reserve (Fed) watcher and academic Tim Duy. Singh oversees more than $3 billion in assets at Crossbridge Capital and employs a top-down macro […]
Morning Call For Tuesday, March 6
OVERNIGHT MARKETS AND NEWS Mar E-mini S&Ps (ESH18 +0.43%) this morning are up +0.46% and European stocks are up +0.92% on signs the U.S. may not go through with plans to put tariffs on metal imports. White House economic adviser Cohn is said to have summoned executives from U.S. companies that depend on aluminum and […]
Technically Speaking: Eating Sardines
This past weekend, I discussed the recent weekly violation of the market back below its respective 50-dma and the triggering of actions in our underlying portfolios. ‘If the market fails to hold the 50-dma by the end of this week, we will add our hedges back to portfolios, rebalance risk in portfolios and raise cash as […]
US Dollar, Japanese Yen Sink As ’Risk On’ Sentiment Surges
Is the US Dollar rally over? Developments since FX markets opened up Sunday in New York would suggest that traders may think so. While US President Trump’s comments about starting a global trade war via aluminum and steel tariffs may have been the initial catalyst, knock-on developments have given traders little reason to continue to […]
Corby Has That Canadian Spirit
Every New York stock exchange trading day I’m posting a daily dividend stock or fund review. I’ll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I’ve named the Safari to Sweet Success. This week my Safari portfolio is adding a company from the […]
Ebay’s (EBAY) Marketplace Is Expected To Do Well In 2018
eBay Inc. (EBAY – Free Report) is a well-established player in the e-commerce space and also has a first-mover advantage. To maintain its dominance, eBay has introduced several measures to fuel growth in its Marketplaces business. eBay has been giving more data to its marketplace sellers. These data include price guidance, restocking guidance and more insight into inventory […]
