Author Archive: Jeremy Parkinson
Hewlett-Packard Posts Light Revenues
Tech giant Hewlett-Packard (HPQ – Analyst Report) posted fiscal Q4 and full fiscal 2014 earnings after the bell Tuesday. While earnings per share of $1.06 topped the Zacks Consensus Estimate by a penny, revenues of $28.4 billion in the quarter missed our expectations of roughly $28.9 billion. Shares had slipped about 3% in immediate after-market […]
Uber: What Could Possibly Go Wrong
Uber at the core is nothing more than a bunch of guys who came up with a clever app for streamlining the way you call for a car. Rather than phoning or texting, you tap on the app. Rather than paying with cash or credit cards, you have an account. And rather than depending on […]
Huey, Dewey & Louie Quack About Gold
Looking around the gold sector at some of those who have tried to keep ‘em bullish all the way down. The peddlers of hope are irrepressible. Huey writes that gold stocks are well supported by the enormous expansion in the global gold jewelry business. In fact, according to Huey Western mining stock shareholders stand to […]
France Desperate To ‘Erase US Internet Companies From Existence’
If You Can’t Beat Them, Outlaw Them … We have previously reported on the French obsession with stifling competition to the vast detriment of the consumer, so as to protect established businesses with all sorts of legal restrictions. A prime example of this nonsense is France’s decision last year to make free shipping by Amazon (AMZN) […]
Something Appears To Be Going On With Gold
Something appears to be happening to gold. That something is either China finally revealing its true gold inventory, which is unlikely, or, more likely, the biggest fat finger in the history of gold, as a liquidity testing algo goes absolutely insane in the pre-open period (and loses its job on the BIS’ payroll). Or, most […]
Long Leisure Suits
If you’re into retail and want a true contrarian play, look no farther than beleaguered chain JC Penney (JCP). It’s been beaten to smithereens, presently about 10% of its prior peak price, and it seems to be hammering out a bottom.
Happy Thanksgiving!
t’s unlikely we will be seeing much action over the next few days. I have memories of Thanksgiving Friday been good for bulls, but with holiday trading anything can happen. The index most likely to enjoy a good holiday break is the Russell 2000.
Gold Daily And Silver Weekly Charts – Refreshing Resilience
Gold and silver held their prices well today with silver actually gaining some ground. Not bad for the day after a Comex option expiration. This Friday the December contract becomes active on first notice, so we might see some changes in open interest. Not much to report in the delivery category, but the Comex warehouse […]
Market Commentary: Markets Close Mixed, Sideways Trading All Afternoon
Written by Gary The averages have closed all over the place. The DOW closed flat and in the red while the small caps closed fractionally higher in the green. Volume was low for most of the afternoon with some moderate trading at the close. By 4 pm the averages looked weak and uninspiring as we suspected […]
