American Airlines Group Inc. Cut Its Q1 2017 Total-Revenue-Per-Available-Seat-Mile Outlook
Mar 09, 2017
Jeremy Parkinson
Finance
Written by StockNews.com American Airlines Group Inc. (Nasdaq: AAL) disclosed in a regulatory filing with the SEC that it now expects lower results in a key revenue metric for the first quarter, citing fewer canceled flights that lead to less densely packed airplanes. The company cut its Q1 2017 total revenue per available seat mile (TRASM) […]
Are Long Bonds Riskier Than Stocks?
Mar 09, 2017
Jeremy Parkinson
Finance
It is one thing to know a truth; it is quite another to witness that truth firsthand. Most investors know that bond prices move inversely to interest rates and that the longer the duration of the bond, the higher the sensitivity to interest rates. But witnessing that firsthand since last July has been jarring to […]
EURJPY – Gunning For 124.00?
Mar 09, 2017
Jeremy Parkinson
Finance
The EURJPY trade is starting to show signs of life as the pair makes a sharp bottom off the 118.00. The bounce may be reflecting the “reflation” trade as all the major central banks are now moving away from QE mode into a more normal monetary policy regime. Today’s ECB presser highlighted the fact that […]
Australia Caught In A Catch-22 With Energy
Mar 09, 2017
Jeremy Parkinson
Finance
TM Editor’s Note: This article covers one or more stocks trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks. Falcon Oil and Gas (OTCPK:FOLGF) is in a “Catch-22” situation in Australia. In fact, you could argue that natural […]
GBP/USD Pair On The Ropes
Mar 09, 2017
Jeremy Parkinson
Finance
Philip Hammond, Chancellor of the Exchequer recently addressed Parliament with the highly-vaunted Spring Budget. Despite conservative party promises to tighten the economy, one of the proposals by Hammond would see an increased tax on self-employed people, adding fiscal liability to an additional 2.5 million Britons. Several other interesting points were raised in the recent Spring […]
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Tech Talk: Ford Motors
Mar 09, 2017
Jeremy Parkinson
Finance
As I have mentioned in recent posts – this one, for example – I am getting cautious about this market, which has now been in bull mode for eight long years. Having already claimed the mantle of second-longest on record, today marks the start of the ninth year of the U.S. stock bull, according to […]
GDPNow 1st Quarter Estimate Dips To 1.2%, FRBNY Nowcast 3.1%: One Model Is Seriously Wrong
Mar 09, 2017
Jeremy Parkinson
Finance
The Atlanta Fed GDPNOw Model for 1st quarter GDP dipped once again today and now sits at 1.2% as of March 9. Meanwhile, the FRBNY Nowcast Model sits at a robust 3.1%. as of March 3. The spread is just shy of two full percentage points. One or both of these models are seriously wrong. In five weeks, the […]
International Corporate Tax Rates: Some Comparisons
Mar 09, 2017
Jeremy Parkinson
Finance
It’s common to think of the US as the rip-roaring home of market capitalism, at least as compared to most other high-income countries around the world. But this belief sits uncomfortably with the fact that US corporate tax rates are among the highest in the world. The Congressional Budget Office has published “International Comparisons of Corporate […]
Danger Zone: Palo Alto Networks
Mar 09, 2017
Jeremy Parkinson
Finance
Investing themes can come and go. From mid 2014 to mid 2015, the cyber security industry was the “hot buy.” Some cyber stock prices soared anywhere from 80% to nearly 300% in this time span. Ultimately, the buzz wore off and valuations sank to lower levels. With the White House making headlines about advanced cyber […]
Crude Bartels Cycle Review
Mar 09, 2017
Jeremy Parkinson
Finance
Crude oil has slumped on lack of world demand. If this slump is a continuation of the down trend and confirming cycle action then up swings are to be sold. Let price fall further, watch for a weak bounce then review your trade options. Price falling from upper resistance is not a confirmation of a […]