Crude Oil Support Break Here Could Be Hard On Stocks
Apr 27, 2017
Jeremy Parkinson
Finance
Below compares the price of Crude Oil and the NYSE Index over the past decade. Even though both of these assets don’t always correlate, sometimes they do, for good periods of time. Over the past couple of years, they have correlated and several lows and highs have taken place at the same time. If correlations […]
Under Armour Q1 Margins Fall Less Than Expected
Apr 27, 2017
Jeremy Parkinson
Finance
Written by StockNews.com Under Armour Inc. (NYSE: UAA ) early Thursday posted a smaller than expected net loss for the first quarter and backed its full-year outlook.
April 2017 Initial Unemployment Claims Rolling Average Marginally Improves
Apr 27, 2017
Jeremy Parkinson
Finance
The market expectations for weekly initial unemployment claims (from Bloomberg / Econoday) were 240 K to 245 K (consensus 243,000), and the Department of Labor reported 257,000 new claims. The more important (because of the volatility in the weekly reported claims and seasonality errors in adjusting the data) 4 week moving average moved from 242,750 […]
Demand And The Frac Sand Example
Apr 27, 2017
Jeremy Parkinson
Finance
Most people who teach economics are on a continual lookout for current examples of supply and demand. Otherwise, you end up falling back on hypothetical goods like “widgets” and “leets” (which is “steel” spelled backward), at which point you can almost see the life and brightness fade out of the eyes of students. nice lively […]
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Small Cap Best And Worst – Thursday, April 27
Apr 27, 2017
Jeremy Parkinson
Finance
The best small cap sector is technology. The top small cap industry is resorts & casinos. The average small cap score is 53.40 and over the past four weeks, the score has averaged 51.08. The average small cap stock in our universe is trading -23.51% below its 52 week high, 1.47% above its 200 dma, […]
The Stock Whisper Of The Day: SPY, CMCSA, STM, NOK, UAA, F
Apr 27, 2017
Jeremy Parkinson
Finance
Hot whispers of the day: SPY, CMCSA, STM, NOK, UAA, F. Video Length: 00:04:53
Bear Of The Day: FreightCar America
Apr 27, 2017
Jeremy Parkinson
Finance
FreightCar America (RAIL – Free Report) has consistently been a Zacks #5 Rank (Strong Sell) for most of the past 2 years as demand for coal-carrying freight cars, its specialty, slowed down. Well the $162 million RAIL was never a P/E value in recent history and after earning a profit of $0.43 last year, the 2017 EPS […]
Union Pacific Q1 Revenue Up 6.3% As Coal Shipments Surge
Apr 27, 2017
Jeremy Parkinson
Finance
Union Pacific Corporation (NYSE: UNP) early Thursday posted market-beating first quarter earnings results, with a big increase in coal shipments leading the way higher.
Draghi Does Nothing And Talks About It
Apr 27, 2017
Jeremy Parkinson
Finance
As widely expected, the ECB left its key rates and asset purchase plan intact. It reiterated its forward guidance that rates will remain at present levels or lower. Draghi was more confident about the economy, suggesting that the downside risks had further diminished. They are more closely to balanced, which sets up the potential […]
Big Is Never Big Enough
Apr 27, 2017
Jeremy Parkinson
Finance
The biggest, best, massive tax cut plan in all human history was not enough to shake the petroleum sector out of its bearish slumber. The petroleum sector has been dripping down slowly like a good old fashion water torture as the market is fixated on short-term supplies and not our future. While the market continues […]