Media Spins Horrible Holiday Sales As Reflecting Economic Strength
Dec 01, 2014
Jeremy Parkinson
Entertainment
Media Spins Horrible Holiday Sales as Reflecting Economic Strength. Audio Length: 00:24:43
The 5 Best Small Caps
Dec 01, 2014
Jeremy Parkinson
Entertainment
I wanted to find 5 good small caps with very consistent momentum. I used Barchart to sort the S&P 600 Small Cap Index stocks for the 5 with the most frequent new highs in the last month, ten used the Flipchart feature to review the charts. Today’s list includes: Tessera Technologies (NASDAQ:TSRA), Higher One Holdings (NYSE:ONE), Kaiser Aluminum (NASDAQ:KALU), Triquint […]
NAV Premiums Of Certain Precious Metal Trusts And Funds – Bloomberg Premature Obituary For Gold
Dec 01, 2014
Jeremy Parkinson
Entertainment
I just had to chuckle. The news highlights on Bloomberg TV at noon today was to reiterate this Bloomberg story from very early this morning, saying that gold was down sharply because of the Swiss gold referendum vote. And as a reference they cited this story from early this morning and mentioned nothing about gold’s spectacular comeback in […]
Surprise: GAAP S&P500 EPS Set To Decline 1.3% In 2014
Dec 01, 2014
Jeremy Parkinson
Entertainment
One of the justifications pundits have been forced to use today to explain the unprecedented collapse in holiday spending, which as we noted yesterday, tumbled by 11% is that more and more consumers are simply purchasing items on line. Which is great… until one looks at the actual data which reveals a diametrically opposite reality, namely […]
Yield Curve For December 1, 2014
Dec 01, 2014
Jeremy Parkinson
Entertainment
The 10-5-2 spread is rising with nominal yields reversing to up. A little risk off’y to go with junk bonds, which are quite risk off’y. 10, 5 & 2 year yields from Bloomberg For reference, here is the 30 vs. 5 today (2 year is not live @ stockcharts.com)…
Third Quarter Earnings Season Winds Down
Dec 01, 2014
Jeremy Parkinson
Entertainment
The third quarter earnings season for companies in the S&P 500 officially comes to an end over the next week. The final six companies in the index will report throughout this week and next Monday. This week, we get results from Brown-Forman (BF-B), Avago Technologies (AVGO) and PVH Corp on Wednesday, Kroger (KR) and Dollar General (DG) on Thursday, and […]
Swiss Vote: Marker For The End Of Western Monetary Dominance
Dec 01, 2014
Jeremy Parkinson
Entertainment
As anticipated the Swiss gold referendum failed, but the margin of 77% Nein to 23% Ja should serve as an embarrassment to a country and a currency once considered hard money. I would suggest this attitude might prompt some no confidence outflows out of Switzerland’s allegedly secure banking system. In fact this is a perfect […]
Fewest Investors Since 1989, Believe Stocks Will Be Higher A Year From Now
Dec 01, 2014
Jeremy Parkinson
Entertainment
Click on picture to enlarge The above table reflects that fewest percentage of individual investors since 1989, believe stocks will be higher a year from now, according to research from the Yale School of Management. Does this mean stocks are at a peak? Or should one look at this from a contrarian viewpoint, as few […]
Amazon Psyched For Cyber Monday
Dec 01, 2014
Jeremy Parkinson
Entertainment
Amazon.com, Inc. (NASDAQ:AMZN) believes this holiday season will be one of the best it has ever experienced as Black Friday already gave the e-commerce giant a clear indication of what to expect. It recorded impressive sales results in the U.K, just only four years after the event was launched. The company reports that it surpassed […]
November 2014 ISM Manufacturing Survey Declines Insignificantly. Expansion Continues
Dec 01, 2014
Jeremy Parkinson
Entertainment
The ISM Manufacturing survey continues to indicate manufacturing growth expansion with an insignificant decrease in the rate of growth. This survey should be considered good news as it reconfirms a rather strong report last month. Key internals improved. The ISM Manufacturing survey index (PMI) declined from 59.0 to 58.7 (50 separates manufacturing contraction and expansion). This was […]