Author Archive: Jeremy Parkinson
Billion Dollar Unicorns: Is Houzz’s Valuation Justified?
According to eMarketer, the online market for home furnishings is expected to double from $27 billion in 2015 to $55 billion by 2020. Benefitting from this growth is Billion Dollar Unicorn Houzz, which recently raised a massive round. Houzz’s Journey Palo Alto-based Houzz came about when designer couple Alon Cohen and Adi Tatarko realized how frustrating the […]
E USD/NOK Looking Bearish
Good day traders! Let’s take a look at USD/NOK. USD/NOK is trading lower, now unfolding a nice bearish spike, which can be a potential minor wave v) of one in the making. Keep in mind that price may now be dropping, but once blue wave one fully unfolds, a new temporary correction into the following […]
US Core Inflation Stuck At 1.7% Again – USD Falls Across The Board
Disappointing US inflation figures: CPI and core CPI both miss expectations and monthly and yearly figures. Core CPI y/y failed to rise and remains stuck at 1.7%. Will the Fed reconsider the planned December hike? Retail sales data were not too bad, but not inspiring enough to mitigate the big thing: weak inflation. We wrote […]
Five Tips To Successful Investing In Stocks
Investors can use different strategies and styles to pick up stocks and build a portfolio, but to become successful investor no matter what strategy you use, you have to build and follow rules that lead you to your financial goals. The financial market changes all the time, but there are basic principles that remain forever. […]
Consumer Price Index: September Headline At 2.2%
The Bureau of Labor Statistics released the September Consumer Price Index data this morning. The year-over-year non-seasonally adjusted Headline CPI came in at 2.23%, up from 1.94% the previous month. Year-over-year Core CPI (ex Food and Energy) came in at 1.69%, up fractionally from the previous month’s 1.68%. Here is the introduction from the BLS […]
September 2017 CPI: Year-Over-Year Inflation Rate Now 2.2%
According to the BLS, the Consumer Price Index (CPI-U) year-over-year inflation rate was 2.2 % – growing from than last month’s 1.9 %. The year-over-year core inflation (excludes energy and food) rate was again unchanged 1.7 %, and is below the target set by the Federal Reserve. Analyst Opinion of the Consumer Price Index Energy was the […]
Markets: Thirteenth Schmirteenth
Well, it’s that oh-so-spooky day of bad luck, Friday the 13th, and… new highs everywhere. Everything, and I mean everything, is up. ES? New lifetime highs. NQ? New lifetime highs. Even gold, which usually is punished on strong equity days… roaring higher: …which I suspect will continue if the USD/JPY continues to cycle downward. And, […]
J.B. Hunt (JBHT) Q3 Earnings Miss Estimates, Sales Beat
J.B. Hunt Transport Services Inc. (JBHT – Free Report) delivered mixed results in the third quarter of 2017. The company reported lower-than-expected earnings per share but better-than-expected revenues. This transportation company’s earnings of 91 cents per share missed the Zacks Consensus Estimate of 96 cents. The bottom line also dipped 6.2% on a year-over-year basis due to higher […]
Energy Stocks Testing Key Breakout Level, Says Joe Friday
Just The Facts- Energy ETF (XLE) has lagged the S&P 500 by a large margin over the past three years, reflected in the chart below. The chart above reflects that XLE has underperformed the S&P 500 by nearly 60% over the past three years. Could this large underperformance turn into an opportunity? Sure could! Check out the […]
Core CPI Stays Below Fed Mandate For 6th Straight Month
Core CPI has now been below the Fed’s 2% mandate for 6 straight months, printing a 1.7% YoY gain in September (weaker than the expected 1.8% rise). Headline CPI bounced back above 2% however, led by a 6.1% surge in Energy costs… The index for all items less food and energy increased 0.1 percent in September following […]
