Author Archive: Jeremy Parkinson
Is The Smart Money Running For Cover?
Will Greece Be The Bearish Straw? The debt clock continues to tick in Greece, which is something the stock market bulls need to respect. From CNBC: “What is coming into focus is an alternative approach. Instead of forcing Greece into a Grexit (a Greek exit of the euro zone), they will simply force Greece into a […]
May 18th – Market Analysis & Trading Opportunities
1 – The S&P 500 looks as if it is trying to break out on Friday, and as a result we believe that this is essentially a market that you can only continue to buy calls in, and that we will eventually go much higher. We have not only fire off several short-term call buying signal, but […]
Bear Of The Day: Tronox
Tronox Inc. (TROX – Snapshot Report) recently reported Q1 15 results, and posted a big miss on both the top and bottom lines. The earnings and revenue miss was due to a large drop in titanium dioxide pricing coupled with a decline in overall volumes. Further, challenging global market conditions are not expected to improve in the […]
Looking Ahead Of Wall Street: Urban Outfitters, Wal-Mart Stores, Hewlett-Packard Company, Intuit Inc.
Wall Street is heading towards the end of earnings season as four major companies are scheduled to release quarterly reports this week. What should investors look for in those reports? Urban Outfitters (NASDAQ: URBN): Urban Outfitters will announce its first quarter 2016 earnings results on Monday, May 18 after market close. The retailer is expected to […]
Homebuilder Sentiment Slides, Misses For 5th Of Last 6 Months
Since November, NAHB homebuilder sentiment has only beaten expectations once. May printed 54 (notably short of the 57 expectation). Despite all the previous hope for future sales, buyer traffic has fallen as The Midwest saw the biggest drop in sentiment (what about the post-weather bounce?) and The West rising modestly. The story was well-known: pessimism now offset […]
Monday Marketing – The Active Managers Strike Back
Active managers finally had a good quarter. As you can see from the chart on the right, it was kind of a pathetic quarter with Actively Managed Funds (who research U.S. stocks before they buy or sell, as opposed to ETFs or other passive funds) outperforming by about 1%, but it’s the first time stock pickers beat […]
Endo International Enters Agreement To Buy Par Pharma For $8 Billion
The pharmaceutical industry saw another M&A bump this morning when Endo International said it entered into an agreement to purchase Par Pharmaceuticals for $8.05 billion. Under the deal, shareholders of the private company, Par Pharmaceuticals, will receive $6.5 billion in cash and 18 million Endo International shares. The new company will be the fifth largest generic pharmaceutical […]
Stifel Nicolaus Bullish On Tesla Motors Inc.: Potential In Model X And Energy Storage
Tesla Motors Inc (NASDAQ: TSLA) investors and analysts are still talking about the upcoming Model X and Model 3 even after earnings were released earlier this month. On May 15, analyst James Albertine of Stifel Nicolaus reiterated a Buy rating on TSLA with a $400 price target. Shares last closed at $244. Tesla’s Model X is scheduled to be released […]
Treasury Snapshot: With Equities At Record Highs, Where Are Treasuries? – May 18, 2015
With the S&P 500 hitting new highs on Thursday and Friday last week, let’s take a look at Treasury Yields.The first chart shows the daily performance of several Treasuries and the Fed Funds Rate (FFR) since 2007. The source for the yields is the Daily Treasury Yield Curve Rates from the US Department of the Treasury and […]
US Housing Starts: April 2015 Preview
Housing starts are expected to total 949,000 units (seasonally adjusted annual rate) in tomorrow’s update for April, according to The Capital Spectator’s median point forecast for several econometric estimates. The projection represents a moderate gain in residential construction vs. March. Three estimates based on recent surveys of economists anticipate a substantially bigger increase in housing […]
