Author Archive: Jeremy Parkinson
Markets In Limbo, Here’s What Matters Most
Video length: 00:14:25 Volatility still remains more elevated in the near terms than the long term. The recent market rally has been thanks to only a few stocks and in fact the list of stocks making new highs has been getting smaller and smaller. In this important video newsletter update we point how the risks […]
General Electric Company Shares Fall Below $14, The Lowest Since 2010
General Electric Company (NYSE: GE) Shares of General Electric Company briefly plummeted below $14 on Monday, as investors reacted to Friday’s news that the US Justice Department may take action with regard to alleged subprime mortgage infringements. That update, which was in a filing with the SEC, also gave details about the expected restatement of […]
A One-Two-(Three Percent) Punch For Treasuries
The year is only two months old, but already it’s been a rough one for US Treasuries. Year to date, the Merrill Lynch index that tracks the performance of long-term US Treasuries is already down over 6% with declines of more than 3% in both January and February. Treasuries have long been considered one of […]
First Solar And SunPower Lobby Shareholders To Sell 8point3 Yield Co.
Will shareholders accept the deal? On Monday, 8point3 Energy Partners, the joint YieldCo from First Solar and SunPower, entered into a definitive agreement to be acquired by Capital Dynamics. When public companies are sold, it’s almost always at a premium to the market price. It’s that price premium that persuades shareholders to sell. So why […]
February 2018 Chicago Purchasing Managers Barometer: New Orders Fall To Six-Month Low
The Chicago Business Barometer declined but remains firmly in positive territory. Analyst Opinion of Chicago PMI The results of this survey continue to correlate to district Federal Reserve manufacturing surveys – and generallly aligns with the overall trend of the ISM manufacturing survey. Expections this month from Bloomberg / Econoday were 62.0 to 66.8 (consensus […]
Where Are They Now…AMZN,BA,GE And MCD?
As US equity markets continue to recover from their recent battering, I thought it was time to check out some of the stocks I’ve covered in the last few weeks, and in particular Amazon, Boeing, GE and finally McDonald’s. And if we begin with Amazon, the stock has continued higher and taken out the $1500 […]
The Most Dangerous Stock Market Ever? Either Way, Have A Plan
Today’s stock market may not be as dangerous as 2000’s dot-com euphoria or 2008’s asset balloon. Why not? Global central banks are likely to act quicker and with far more “shock-n-awe” to minimize bearish price depreciation than they did in the previous sell-offs. Some argue that policy efforts would fail to reinvigorate yet another wealth […]
Institutional Investors Buying The Dip
The latest round of data from the State Street Investor Confidence Index [SSICI] appeared to show global institutional investors “buying the dip” following the February correction. The SSICI utilizes data from State Street’s global custodian business, which administers $33 trillion in assets. The index provides a quantitative, actual, view on what institutional investors are doing (readings below 100 […]
Fed Chair Powell Has His First Congressional Testimony
The Markets’ Reaction To Powell This Powell testimony reminds me of the Fed Minutes in that the markets’ reaction doesn’t make sense. There wasn’t much in the testimony which was hawkish, but the markets’ knee jerk interpretation was that it was hawkish. The market has been increasing the odds of 4 rate hikes this year. […]
Salesforce.com (CRM) Earnings After The Close
Salesforce.com (CRM) is the biggest name set to report earnings after the close today. Below is a snapshot of the results that are displayed after running this earnings screen. We’ve highlighted a few columns worth pointing out. First off, CRM has never reported weaker than expected EPS on one of its Q4 earnings releases. (In […]
