New Weatherford CEO Greeted With Accolades, M&A Speculation
Mar 07, 2017
Jeremy Parkinson
Finance
A number of Wall Street analysts has issued upbeat opinions on Weatherford’s (WFT) decision to hire former Halliburton (HAL) CFO Mark McCollum as its CEO, effective next month. Capital One responded to the news by upgrading Weatherford, while research firm Gabelli wrote that the appointment increases the chances of Halliburton eventually acquiring Weatherford. NEWS: Weatherford […]
5 Top Dividend Growth Stocks To Boost Your Returns
Mar 07, 2017
Jeremy Parkinson
Finance
While rising yields have dulled the appeal for dividend investing, stocks that consistently pay higher dividend are still in vogue. Dividend Growth in Focus Dividend growth stocks offer the best of both worlds –– potential for capital appreciation and rising income even in a volatile market. This is because these stocks belong to mature companies, […]
The Luddites Were Wrong Then And They’re Wrong Now
Mar 07, 2017
Jeremy Parkinson
Finance
When Joseph Whitworth was growing up in Stockport, the man who became the greatest mechanical engineer of the Victorian age witnessed a traumatic sight. In 1812, this unlovely industrial town on the outskirts of Manchester was overrun by Luddite rioters, all the more terrifying as they were wearing women’s clothes as they went on the […]
GDPNow 1st Quarter Forecast Plunges To 1.3% Following Vehicle Sales And Factory Orders Reports
Mar 07, 2017
Jeremy Parkinson
Finance
The GDPNow Model forecast for 1st quarter 2017 GDP plunged 0.5 percentage points to 1.3% following recent economic data. Today’s dismal trade data was not a factor. Advance trade data on February 28 showed the trade deficit in goods jumped 7.6% to $69.2 billion, and that data was already factored into the model. The reason […]
This Is Now Germany’s Longest Bull Market Ever
Mar 07, 2017
Jeremy Parkinson
Finance
Ironic on a day when German macro data collapses, the DAX just closed on its bull market’s 8th birthday… for the first time ever. DAX is up 151% off its 2009 lows, S&P up 248%… h/t @Schuldensuehner And German 10Y Bund yields have collapsed from 3.00% to 32bps…
Making The Most Of Your Alpha
Mar 07, 2017
Jeremy Parkinson
Finance
Say what you will about exchange-traded funds (ETFs). Love ‘em or hate ‘em, they can help you be a better investor. Why? Because they’re barometers of market sentiment. You don’t need to subscribe to expensive advisory services to get early warnings of change ahead. Regard, for example, the relationship between the SPDR S&P 500 ETF (NYSE Arca: SPY) and […]
Apple Inc. Days Numbered As World’s Most Valuable Company
Mar 07, 2017
Jeremy Parkinson
Finance
Written by StockNews.com Apple Inc. (Nasdaq: AAPL) is currently the world’s largest publicly traded firm, with an approximate market cap of $728 billion but a Saudi oil behemoth is set to IPO soon, and its valuation could actually be double that of Apple’s. Some time in 2018, Saudi Aramco will hit the public markets for the […]
January 2017 CoreLogic Home Prices Year-over-Year Growth Rate Now 6.9%.
Mar 07, 2017
Jeremy Parkinson
Finance
CoreLogic’s Home Price Index (HPI) shows that home prices in the USA are up 6.9 % year-over-year year-over-year (reported up 0.7 % month-over-month). Last month’s 7.2 % year-over-year gain was revised downward to 6.3 %. CoreLogic HPI is used in the Federal Reserves’ Flow of Funds to calculate the values of residential real estate. Analyst […]
Gold Investing 101 – Beware Ebay, Collectibles And “Pure” Gold Coins That Are Gold Plated – Part 1
Mar 07, 2017
Jeremy Parkinson
Finance
Investors looking to gold again but gold buyers need to exert caution ‘Wolves of Wall Street’ ready to hungrily gobble up life savings of unsuspecting ‘widows and orphans’ Like all markets are few bad apples in gold market Need to do due diligence on company buying from Avoid companies marketing gold plated coins as “pure […]
US Consumer Spending Highest Since 2008 As Economic Confidence Hits Record High: Gallup
Mar 07, 2017
Jeremy Parkinson
Finance
Perhaps it is the last hurrah of the Trump post-election euphoriabut according to Gallup there were two notable development in February. First, Americans’ daily self-reports of spending climbed to an average of $101 in February. This, Gallup reports, was the highest average for the month of February since 2008, when spending averaged $106. The latest monthly […]