Author Archive: Jeremy Parkinson
Deutsche Bank Is Crashing Again As European Banks Slide To Crisis Lows
As of this moment, various European banks but most prominently Deutsche Bank… … as well as Credit Suisse and RBS, have been crashing back to lows hit in early February and then all the way back to the March 2009 “the world is ending” lows.We commented on this yesterday using, ironically enough, a note by […]
Valeant Pharmaceuticals Intl Inc. Soars As Debt Deal Reached
Valeant Pharmaceuticals Intl Inc. (VRX) obtained consent from over half of loan holders to push back regulatory filing deadlines and loosen financial conditions on the loans. The week marks a series of positive developments for the struggling drug maker and, mirroring the positive developments, Valeant shares surged $5.44, or 19% Wednesday to close at $34.17, making the latest increase […]
Market’s Focus Firmly On USD/JPY
Once again, the Japanese Yen and the US Dollar have taken control of the spotlight in the FX market. The safe haven Yen continues to be the currency of choice for investors uncertain of the future of the global economy. Meanwhile the Dollar is getting hammered from all sides on expectations of any rate hike […]
4 Value Stocks That Suggest Earnings Growth Of 50% Or More
With the advent of April, most companies get busy preparing their financial statements, before the onset of the first-quarter 2016 earnings season. The fourth-quarter 2015 just behind us has not been very encouraging given the uncertain global macroeconomic environment, volatile energy prices and the still strong U.S. dollar. Further, most analysts expect the dark clouds […]
L Brands To Restructure Victoria’s Secret, Cut About 200 Jobs
Shares of L Brands (LB), which owns the Victoria’s Secret and Bath & Body Works brands, is in focus this morning after reporting an increase in March sales and revealing a restructuring at Victoria’s Secret in order to focus on core operations. MARCH SALES INCREASE: L Brands this morning reported that its same-store sales grew […]
ECB Losing Control
In Naples, riots against Renzi resulted in clashes between police and demonstrators. On Wednesday, Italy’s government had to address the plight of Italian banks which now seems to be significant as both houses of parliament blessed in a crisis meeting, voted to create a state fund for bad loans from.Resistance to Renzi’s idea was very […]
US Bulls Are The Most Complacent Since 2008!
I have to trade and invest in the markets that I have before me and not the ones that I desire! Therefore, I must be able to approach the market place from a completely ‘unbiased’ perspective. I do not care if the markets doubles in price, or if it is cut in half. I take […]
Bull Of The Day: Align Technology
Medical equipment and supply stocks aren’t very sexy to most investors. Many in the health care space seem to prefer the high risk/high reward track of the pharmaceutical and biotechnology worlds, leaving equipment stocks by the wayside. However, there are actually plenty of great opportunities in this market if you are willing to look. And […]
UK Housing Bubble Pops: London Offers 20% Discounts On Luxury Apartments
Hot money flows into real estate have become an issue in some of the world’s largest markets, as prices have skyrocketed. As we’ve repeatedly noted before, China is experiencing massive capital outflows (even if technically, overnight the PBOC said that in the last month these flows reversed to inflows for the first time in 5 months), which […]
