Author Archive: Jeremy Parkinson

Stocks Are In Overbought Territory

Stocks Are In Overbought Territory

My Swing Trading Approach I’m not opposed to adding a new position in this rally, but stocks are in overbought territory and may see some profit-taking. I’m taking a “wait-and-see” to this market.  Indicators VIX – Dropping hard over the last four days, and closing at its lowest level since 2/1.  T2108 (% of stocks trading below […]
Now We Know How Far Stocks Have To Fall For The Fed To Act

Now We Know How Far Stocks Have To Fall For The Fed To Act

10%. That’s what February’s flash crash shaved off of the major US equity indexes. And now Gerome Powell, the Fed’s incoming chairman, is saying that he’s fine with inflation exceeding the target rate of 2%. Put another way, he’s promising that monetary policy will be as loose as necessary to keep asset prices elevated and […]
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                        The Importance Of ROIC

E The Importance Of ROIC

Return on invested capital, or ROIC, is a profitability ratio telling us how efficient a company is turning capital into profit. It measures the return that an investment generates for those who have provided capital (i.e., bondholders and stockholders). The general equation is: ROIC = NOPAT / (Debt + Equity). By linking income statement and […]
AutoZone’s (AZO) Q2 Earnings Miss Estimates, Revenues Beat

AutoZone’s (AZO) Q2 Earnings Miss Estimates, Revenues Beat

AutoZone, Inc. (AZO – Free Report) reported adjusted earnings per share of $4.23 for second-quarter fiscal 2018 (ended Feb 10, 2018), missing the Zacks Consensus Estimate of $8.81. Revenues improved 5.4% year over year to $2.41 billion in the reported quarter. Also, the figure surpassed the Zacks Consensus Estimate of $2.39 billion. Domestic same-store sales (sales of stores […]
Dillard’s Nails Earnings But Market Cycles May Reward Patience

Dillard’s Nails Earnings But Market Cycles May Reward Patience

Dillard’s (DDS ) opened today’s trading session in spectacular fashion, popping 16% to over $82 on strong earnings. DDS reported adjusted earnings per share of $2.82 and total revenue of $2.06 billion, compared to Wall Street expectations of $1.82 and $2.05 billion respectively. This was achieved by strong performance in same-store sales of 3% as […]
Stocks Sink As ‘Hawkish’ Powell “Sees Some High Prices”, Raises Economic Assessment

Stocks Sink As ‘Hawkish’ Powell “Sees Some High Prices”, Raises Economic Assessment

Echoing The Fed’s Outlook report, Fed Chair Jay Powell warned Congress in the Q&A this morning that he “sees some high prices.” Ahead of Fed Chair Powell’s first semi-annual monetary policy report to Congress next week (brought forward to 2/27), The Fed has released his prepared remarks warning that “valuations are still elevated across a range of asset classes” […]
Delta Air Lines HL Financial Services Added Another 3.6% To Their Holdings

Delta Air Lines HL Financial Services Added Another 3.6% To Their Holdings

Delta Air Lines Inc. (NYSE: DAL) HL Financial Services LLC increased its shares in Delta Air Lines Inc. by 3.6% in the fourth quarter, according to the company’s most recent filing with the Securities and Exchange Commission (SEC). HL owned 67,055 shares of the airline’s stock after acquiring an additional 2,338 shares during the quarter. […]
EUR/USD Snaps Narrow Range On Powell Testimony; Euro-Zone CPI On Tap

EUR/USD Snaps Narrow Range On Powell Testimony; Euro-Zone CPI On Tap

EUR/USD slips to fresh weekly lows following the semi-annual testimony with Fed Chairman Jerome Powell, and fresh developments coming out of the euro-area may spark a further decline in the exchange rate as the core rate of inflation is expected to slow to an annualized 1.2% from 1.3% in January. It seems as though the Federal Open […]
Down 40% In Three Months, Tile Shop Insiders Scooping Up Shares

Down 40% In Three Months, Tile Shop Insiders Scooping Up Shares

New form 4 filings with the SEC have revealed that Tile Shop Holdings Inc (Nasdaq: TTS ) insiders have been selling large quantities of stock since last Thursday. With shares down -42.8% in the last 30 days, it’s worth taking a closer look at the company. Insider Buying: Tile Shop A number of insiders have […]
Home Prices Continue Rise In December

Home Prices Continue Rise In December

With today’s release of the December S&P/Case-Shiller Home Price Index, we learned that seasonally adjusted home prices for the benchmark 20-city index were up 0.60% month over month. The seasonally adjusted national index year-over-year change has hovered between 4.2% and 6.2% for the last two plus years. Today’s S&P/Case-Shiller National Home Price Index (nominal) reached […]