Author Archive: Jeremy Parkinson
EC Earnings Growth Based On Debt And Buybacks? Totally Unsustainable
My grandfather was never rich. He did have some money in the 1920s, but he lost most of it at the tail end of the decade. Some of it disappeared in the stock market crash in October of 1929. The rest of his deposits fell victim to the collapse of New York’s Bank of the […]
Chinese Take Over Canada’s Real Estate Market, Buy One-Third Of All Vancouver Homes Sold In 2015
“Housing in Vancouver is insane — it was insane when I left and it’s more insane now.” That’s from 33-year-old Kevin Oke, co-founder of LlamaZoo Interactive who left Vancouver for Victoria two years ago because he couldn’t afford to buy a home in his native city even while earning a generous salary as a lead designer at […]
GDPNow Estimate Sinks To 1.4%; What About That “Sufficient Momentum” For Rate Hikes?
On March 21, Atlanta Fed president Dennis Lockhart had “Kaleidoscopic” visions of rate hikes as soon as April. In his speech to the Rotary Club of Savannah, Lockhart cited “sufficient momentum evidenced by the economic data to justify a further step at one of the coming meetings, possibly as early as the meeting scheduled for […]
Was Restoration Hardware Too Ambitious?
Video Length: 00:06:00 We discuss the situation of Restoration Hardware (RH – Snapshot Report). It launched two new brands in the fourth quarter of 2015, RH Modern and RH Teen. Both had their own source catalogs and web sites. It was a huge undertaking which apparently didn’t go according to plan as orders overwhelmed inventories, especially in […]
2 Options Strategies For Profits From A Hated Sector
In response to a recent article I wrote on the Gold Trust ETF (GLD) some readers have asked my thoughts on gold miners. While my last article was more of a bullish thesis on gold from a fundamental perspective and offered a simple strategy of playing gold by buying GLD, this article on the Market […]
Still Bouncing Around
Over the past week my core market health indicators bounced around, but were mostly down. None of them moved enough to change any portfolio allocations. Enjoy the holiday weekend everyone!
Prospect Capital: Big Dividend, Discounted Price Stock Of The Week
Income-hungry investors are often drawn to Business Development Companies (BDC) because of their high dividend yields (many of them are currently in excess of 10%). Generally speaking, it can be a red flag when a publicly-traded investment yields in the double digits, perhaps a sign of distress. However, the BDC space may be ripe for […]
Binary Options Trading Opportunities For March 25, 2016
During the day on Thursday, the market has very little in the way of announcements to move the market, so having said that it is likely that that we will have a fairly subtle day with perhaps the exception of the GDP numbers coming out of the United States. USD/CHF The USD/CHF pair rose slightly […]
Prudential… Finally
I’ve offered up Prudential, shown below, as a short idea over and over again, but it just sort of farted along, in spite of its absolutely glorious topping pattern. Well, our national nightmare is over. It’s finally falling, and I expect ungodly lower prices to come in the months ahead.
Yield Curve Is Indicating Slowdown; Recession Probability Increases
Analysis Overview – The yield spread (10-year Treasuries minus three-month Treasuries) is a good indicator of economic slowdown or potential recession and this article discusses recession probability from yield spread perspective. The chart below gives the yield spread from 1959 to February 2016. It is important to note that in all recent instances of recession, the […]
