Author Archive: Jeremy Parkinson
Stock Valuation: Coca-Cola
The following stock valuation is about Coca Cola (KO). a company which has an impressive dividend history and is one of the consumer giants out there. But it is also a company which is struggling when it comes to growth in the last years. Nevertheless I still think it should be one of the core […]
Ciena Corporation: Q1 Profit And Revenue Both Miss The Mark
Ciena Corporation (NYSE:CIEN) early Wednesday posted weaker than expected first quarter earnings results, as both profit and revenue failed to meet analysts’ view.
Treasurys Plunge, Yields Highest Since December After Blockbuster ADP Print
Remember a few Fridays ago when everyone was panicking about whether or not the reflation narrative had been undermined for good as 10Y yields hit YTD lows? Everyone looked set to fade the meme. The “Trump trade” was done. Or so we thought. Four days later Dudley and Williams jawboned the trade right back on […]
February 2017 ADP Job Growth Is 298,000 – Again, Greatly Above Expectations
ADP reported non-farm private jobs growth at 298,000. This was a particularily strong report for the second month in a row. Analyst Opinion of ADP Employment Situation This month the rate of ADPs private employment year-over-year growth marginally increased. This is the second month of improving year-over-year employment gains. This report is very good with […]
Valeant In ‘Wind-down Mode’ With 2017 Guide Likely To Fall Further, Says Mizuho
Mizuhoa analyst Irina Koffler said Valeant fundamentals remain weak and she expects revenue will continue to decline as the company divests assets. She thinks management will continue to guide down 2017 results, noting that Valeant said it stands to lose 19% of its 2016 revenues to generic competition in the 2017-2021 period, that it faces […]
March Rate Hike Odds Reach 100%
Following the massive ADP employment beat (but productivity disappointment), March rate hike odds finally upticked to certainty. Fed Funds futures now imply a 100% chance that The Fed hikes next week. Up from low 20s to 100% in a month… What did The Fed see that suddenly spooked them all? Which reminds us of the WTF-est chart […]
Adidas Increases Sales & Profit Targets For 2017; To Keep Investing Heavily In U.S. & To Boost E-Commerce Effort
Adidas increased sales and profit targets on Wednesday, sending shares in the German sportswear firm to a record high as it pledged to keep investing heavily in the key U.S. market and do more to boost e-commerce sales. BNN.ca “We are still in catch-up mode in North America,” Chief Executive Kasper Rorsted told journalists, noting that […]
Gold & Silver; Breakout Here, Bearish For Them
Historically when Gold is stronger than Silver, Metals bulls have not made quality buy and hold gains. Historically when Silver is stronger than Gold, both have done pretty well from a buy and hold basis. Below looks at the Gold/Silver ratio since 2008, which reflects a very important price point could be at hand. As mentioned […]
Euro Price Action Primed For ECB: EUR/USD, EUR/JPY, EUR/GBP
Tomorrow brings the European Central Bank’s March rate decision to markets. No movement on rates is expected, and as has become usual for ECB meetings of recent, the primary drivers will likely emanate from the details and the verbiage offered by Mr. Mario Draghi during the accompanying press conference. The big question is the prospect […]
