Author Archive: Jeremy Parkinson
Dogma And Denial
“Don’t Be Trapped by Dogma – Which is Living With the Results of Other People’s Thinking” -Steve Jobs There is a very strong and popular dogma out there that says, ‘you must own US stocks all the time no matter what.’ It’s really at the heart of the “buy and hold” mantra which is something I’ve […]
These 7 Firms Paid Their CEO Over 60% More Than Uncle Sam
Seven of the 30 largest U.S. corporations paid more money to their chief executive officers last year than they paid in U.S. federal income taxes, according to a new study by Center for Effective Government and Institute for Policy Studies. As Reuters reports, the study said the seven companies, which in 2013 reported more than $74 billion in […]
Sen Johnson To Watt: “Engage Treasury Department In Talks To End The Conservatorship”
Just yesterday we had Sens. Warren and Warner saying “the gov’t conservatorship of FNMA is not a viable long term option” and now today we have Sen Johnson simply calling for the conservatorship to end. The shrinking of the GSE’s under the conservatorship and the depletion of their capital bases is only hurting the housing market. Congress is […]
Washington D.C.’s Homeless Population Expected To Rise 16% In 2014
Earlier this week, I published a post titled: Welcome to the Recovery – U.S. Child Homelessness Hits Record as Poverty in Mass. is Highest Since 1960. Here’s an excerpt: While the general population is aware something is seriously wrong, people remain extremely confused about the root of the problem. This is because what’s happening all around us isn’t […]
Chubb – Chart Of The Day
The Chart of the Day belongs to Chubb (NYSE:CB). I found the stock by sorting the All Time High list for the stock with the most frequent new highs in the last month, then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 8/29 the stock gained 11.08%. Chubb Corporation is a holding company […]
Home Improvement And Housing Starts
Lowe’s (LOW), the second largest home improvement retailer in the U.S. after Home Depot, reported results for the third quarter before today’s opening bell. The company reported earnings per share of $0.59, in-line with the Estimize consensus, and a penny higher than what Wall Street was expecting, growing 26% YoY. Revenues of $13.7B beat both the […]
The Falcon Can No Longer Hear The Falconer
We in the center that cannot hold can only watch as things fall apart. In so many ways, the falcon can no longer hear the falconer. The phrase is drawn from William Butler Yeats’ poem, The Second Coming: Turning and turning in the widening gyre The falcon cannot hear the falconer; Things fall apart; the centre cannot […]
AGIO Hits Record Level On Impressive Clinical Data For Leukemia Drug
Shares of Agios Pharmaceuticals Inc. (NASDAQ:AGIO) posted its biggest single day rally on Wednesday since 26th September. The stock is up a whopping 15% to $96.25 after hitting an all time high of $96.88 earlier in the session. More than 2.64 million shares have been traded, compared to its 30-day average volume of 707K shares. This morning, shares […]
Hidden Story In US PPI Increase
The US core PPI surprised to the upside Tuesday. Source: Investing.com Improved pricing power for US firms? Hardly. Did you ever have the feeling of being ripped off at the gas station when oil prices are falling while prices at the pump barely move? Well, it’s not just a feeling. GS: – The headline […]
Habit Restaurants Prices IPO Higher Than Expected At $18
Burger chain Habit Restaurants Inc. (HABT) has reportedly priced its initial public offering (“IPO”) of 5 million shares of its Class A common stock at $18.00 per share, higher than the expected range of $14.00 to $16.00 per share. valuing the company at about $454.5 million. With the current offering price, the company has been […]
