Author Archive: Jeremy Parkinson
Career Risk Driving The Bull Market?
October is the month that professionals starting thinking about risk– not necessarily portfolio risk, per say, but rather career risk. In investing, the professional game is not so much risking client assets to deliver performance above the crowd. The reality, GMO portfolio manager Jeremy Grantham notes, is that “the ultimate job description becomes ‘keep your job.’” To Raymond […]
EC Regional Banks May Do Better Than The Big Banks
Results from the big banks largely came in line with expectations, though Bank of America (BAC – Free Report) did a little better and Wells Fargo (WFC – Free Report) was a tad below expectations. We knew that improved net interest margins will help the profitability of the core lending business even though growth in loan portfolios was expected to decelerate further. Management […]
WTI Crude Pushes Higher On OPEC Confidence, Deflating Dollar
Fundamental Forecast for USOIL: Bullish Talking Points: Weekly close above $51.61 would be highest weekly close in WTI since May US crude stocks fell more than expected at 2.75m barrels per EIA IEA monthly report expects steady prices in 2018 due to non-OPEC supply pressures Per BHI, US Oil Rigs falls by 5. Rig count drops to […]
Deleveraging? Who Said That? China Credit Growth Booms Ahead Of Party Congress
So we got China credit data late Friday evening and it’s notable if only for what it says about Beijing’s desire to put its best foot forward ahead of the Party Congress. Here are the numbers: CHINA SEPT. NEW YUAN LOANS 1,270.0B YUAN; EST. 1,200.0B CHINA SEPT. AGGREGATE FINANCING 1,820.0B YUAN; EST. 1,572.7B CHINA SEPT. M2 MONEY […]
Stocks To Watch: NRG SBGI KNX
Take a look at three trading ideas to prep you for the next trading session. Long NRG Energy (NRG) Long Sinclair Broadcast Group (SBGI) Short Knights-Swift Transportation (KNX)
Tech Stocks Are Dominating The S&P 500
I think the technology sector is the most interesting sector because most of the top firms are in it and because it is driving earnings growth. We will look at some charts which show the direction of the sector. The chart below shows the secular upward trend in net margins. The sector has a few […]
Publishing Industry Outlook – October 2017
The U.S. newspaper publishing industry has long been grappling with sinking advertising revenues, and the global economic slowdown has only worsened the situation. The downturn in the newspaper publishing industry witnessed over the last few years was aggravated by a decline in print readership. More and more readers started opting for online news, thereby making […]
Amid Management Exodus, Tesla Fires Hundreds Of Workers
One month after Tesla lost its head of business development who wished to “spend more time with his family”, and just weeks after the EV company’s veteran battery technology director also unexpectedly quit amid a growing senior management exodus (full list at the bottom of this article), Tesla decided to even out the ranks on the bottom as well, […]
Q3 Earnings Season Gets Going
The Q3 earnings season has gotten underway already, with results from 26 S&P 500 members out at this stage. Total earnings for these 26 index members are up +22.5% from the same period last year on +9.4% higher revenues, with 84.6% beating EPS estimates and 84.6% beating revenue estimates. This growth pace and beats proportion […]
