Author Archive: Jeremy Parkinson
Bull Of The Day: Trinseo S.A.
Trinseo S.A. (TSE – Snapshot Report) reorganized their business into two new divisions as of January 1, 2015, and were quickly rewarded with strong earnings numbers in the first quarter of implementation. This reorg consisted of creating the Performance Materials segment, and the Basic Plastics & Feedstocks segment; which saw improved profitability, and accelerated growth for the company […]
How Inflation Affects Your Future
“The arithmetic makes it plain that inflation is a far more devastating tax than anything that has been enacted by our legislature. The inflation tax has a fantastic ability to simply consume capital. It makes no difference to a widow with her savings in a 5 percent passbook account whether she pays 100 percent income […]
Home Builders Optimistic Despite Decline In Traffic; Housing Market Index Declines
The National Association of Home Builders’ Housing Market Index once again reveals positive builder sentiment even though new home sales are weak. The HMI is Derived from a monthly survey that NAHB has been conducting for 30 years. The index gauges builder perceptions of current single-family home sales and sales expectations for the next six months as “good,” “fair” […]
Cautious Optimism
Last week I pointed out several signs from the Twitter stream that indicated the market should break higher. Most of those signs are still in place, but the current optimism is a bit tempered. On Friday the daily print for Twitter momentum (or sentiment) for the S&P 500 Index (SPX) was a very strong +31. This […]
EC Recession Check: Updating The Indicators
In December of 2007, I wrote in my weekly newsletter that we were “…either in, or about to be in, the worst recession since the ‘Great Depression.'” At that time, the warning rang hollow as GDP growth was positive, and the markets were still marching higher as the calendar turned to 2008. It was a year […]
NAHB Housing Market Index: Confidence Falls Two Points In May
The National Association of Home Builders (NAHB) Housing Market Index (HMI) is a gauge of builder opinion on the relative level of current and future single-family home sales. It is a diffusion index, which means that a reading above 50 indicates a favorable outlook on home sales; below 50 indicates a negative outlook. The latest […]
Keurig Green Mountain: No Longer The Netflix Of Coffee
Up until November of last year, Keurig Green Mountain was the Netflix of coffee companies. Their stock did nothing but go up, rising something like 60-fold based on mo-mo madness. I have been enthusiastically touting this as a short candidate, and it is unwinding quite nicely. I think it’s got plenty to go, particularly given […]
Gold Miners Ratio Working On Bullish Breakout
CLICK ON CHART TO ENLARGE When it comes to buy and holding senior gold mining stocks (GDX), they have been a place to avoid for the past few years. The same is even more true of Junior Mining stocks (GDXJ), as its performance has even been worse over the past few years. The chart above looks […]
Bond Bubble Will Explode Violently
Central banks are incapable of saving economies or creating growth. The only thing a central bank can do is create inflation. These market manipulators set forth on a journey seven years ago to save the world by engaging in massive monetary manipulation, euphemistically called Quantitative Easing (QE), and a Zero interest rate policy known as […]
Fewer Hires Means Fewer Fires
Peter Schiff digs under the surface of the latest economic data. As usual, Wall Street locked onto the headline number last week, which showed the lowest weekly jobless claims in 42 years. Peter asks the question no one else will — is this really the strongest economy America has seen in four decades? Highlights from […]
