Author Archive: Jeremy Parkinson
Directional Views You Can Act On; Not Platitudes… Stocks, Bonds, Gold, Oil, And The Dollar
Below are the views we shared in our most recent issue of Key Market Strategies about the major markets. Comments: Near-term looking for stocks to stage a correction lower, commodities to follow; bonds to edge higher; and the dollar to work higher again in the wedge pattern. Stocks–SPY Daily [last 204.67]: Key juncture. Stocks rallied to bang on the 78.6% resistance level […]
The Investor Podcast – Macro Thoughts
I was on The Investor Podcast this past weekend with the very awesome Stig Brodersen and Preston Psyh. We covered a lot of ground in this one including: The implication of negative interest rates for banks and bank customers Why quantitative easing doesn’t work in the current environment Why focus should be fiscal policy rather than monetary policy […]
E Proof The Federal Reserve Was Responsible For The Housing Bubble And Crash
I hate to continue beating a dead horse (except this horse is a Trojan Horse and will come to life again), but clearly the Fed knew it was putting the financial system at unacceptable risk in the housing bubble. I offer the three charts again, together this time, showing that the Fed saw all this […]
Bull Of The Day: American Eagle
Based in Pittsburgh, PA, American Eagle Outfitters (AEO) is a specialty retailer of casual apparel, accessories and footwear. Their target consumers are 15–25 years old men and women. They currently operate under the AE Brand, Aerie by American Eagle and an online retailing channel – AEO Direct. The company operates more than 1,000 stores in the US, Canada, Mexico, China, Hong Kong and […]
Weekly Heating Oil Price Update: U.S. Average Up For Third Consecutive Week
Written by Jill Mislinski With winter coming to a close, we are nearing the end of the heating oil season. This year’s winter was warmer than average and saw a continued drop in heating oil prices, but with a slight uptick toward the season close. The end-of-season jump in prices reflects the crude oil uptick we’ve […]
Playtime For Dave & Buster’s As Earnings Approaches
Dave & Buster’s: A Strong Player Dave & Buster’s Entertainment (NASDAQ:PLAY) has consistently posted surprisingly positive results ever since it began trading in October 2014 after its IPO. The company has shown a positive earnings average of 101.23% in the prior four quarters. It is scheduled to release its fourth-quarter earnings report on March 29 after the […]
Credit Suisse And Deutsche Bank Still At The Forefront (Just Where They Don’t Want To Be)
The pain of Credit Suisse (CS) and its holdover peers, such as Deutsche Bank (DB), is incredibly easy to understand. There is no need for penetrating the depths of technical jargon in interest rate swaps, forward warehousing securities or even the whole varied business of investment banking. In its Q1 2014 quarterly report, Credit Suisse […]
Twitter Turns 10 Amid Troubles: Can Dorsey Turn It Around?
Twitter Inc. (TWTR – Analyst Report), which started its journey way back then in Mar 21, 2006, turned 10 recently. When Jack Dorsey sent out his first ever tweet, “just setting up my twttr”, hardly anyone expectedthis micro blogging site to turn into such an influential medium for self expression. Twitter said in a blog post, “…as we […]
The Stock Market As Monetary Policy Junkie: Quantifying The Fed’s Impact On The S&P 500
Written by James Montier, Philip Pilkington – GMO Executive Summary One of the stated goals of the policies that the Fed has been pursuing since the Global Financial Crisis is to raise asset prices. In this short note we show that this has been standard operating procedure for the Fed since Greenspan’s tenure began. However, the […]
Bear Of The Day: PotashCorp
Saskatoon, Saskatchewan based PotashCorp (POT – Analyst Report) is the world’s largest fertilizer company by capacity. It produces potash, nitrogen and phosphate–the primary crop nutrients required tomaintain healthy and productive soils. They have operations in seven countries and their products are sold throughout the world, including North American, Asian and Latin American markets. Dismal Results; Dividend Slashed Weak global […]
