Golf And Hunting Are Crippling Dick’s Sporting Goods
Nov 20, 2014
Jeremy Parkinson
Entertainment
(Photo Credit: Mike Mozart) The athletic apparel industry is exploding right now, but Dick’s Sporting Goods (DKS) stock (-17% year to date) isn’t going through the roof like Nike’s (NKE) (+23% ytd) and Under Armour’s (UA) (+61% ytd) are. Athletic clothing and equipment sales are booming, but trouble in Dick’s golf and hunting units are holding […]
The Abenomics Death Spiral
Nov 20, 2014
Jeremy Parkinson
Entertainment
As Japanese Prime Minster Shinzo Abe has turned his country into a petri dish of Keynesian ideas, the trajectory of Japan’s economy has much to teach us about the wisdom of those policies. And although the warning sirens are blasting at the highest volumes imaginable, few economists can hear the alarm. (A longer version of this article […]
Interview: The Evolution Of Retirement
Nov 20, 2014
Jeremy Parkinson
Entertainment
I discussed the concept of retirement and how it has changed in recent decades in an interview with NewRetirement. Here are some excerpts: Today, Americans look at retirement as an entitlement – a reward for a lifetime of hard work – but that wasn’t always the case, says CFA Charles Lewis Sizemore, principal of Sizemore Capital […]
T2108 Update – A Buy Point For Alibaba, A Breakdown For Netflix
Nov 20, 2014
Jeremy Parkinson
Entertainment
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are sometimes posted on […]
Can You Help The Fed Figure Out What Is Wrong With The Recovery
Nov 20, 2014
Jeremy Parkinson
Entertainment
Why doesn’t the public spend and save more? Click on picture to enlarge “We are determined to make every American citizen the subject of his country’s interest and concern; and we will never regard any faithful law-abiding group within our borders as superfluous. The test of our progress is not whether we add more to […]
Dogma And Denial
Nov 20, 2014
Jeremy Parkinson
Entertainment
“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
Nov 20, 2014
Jeremy Parkinson
Entertainment
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”
Nov 20, 2014
Jeremy Parkinson
Entertainment
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
Nov 20, 2014
Jeremy Parkinson
Entertainment
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
Nov 20, 2014
Jeremy Parkinson
Entertainment
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 […]