Auto Stocks Crushed As Autoliv Slashes 2017 Growth Forecast In Half
Jul 21, 2017
Jeremy Parkinson
Finance
After seemingly ignoring a whole host of a negative data points over the past several months, from collapsing sales volumes and soaring inventories levels to crashing used car prices, auto investors apparently couldn’t see their way to ignoring Autoliv’s abysmal earnings this morning. A maker of automotive safety systems for various light vehicle platforms around the world, the $9 […]
Agriculture Markets Report – Friday, July 21
Jul 21, 2017
Jeremy Parkinson
Finance
Has This Trade Gotten Too Crowded? Specs Now Most Long Euro In 6 Years
Jul 21, 2017
Jeremy Parkinson
Finance
So yeah, as noted in “A Wild Week In Charts“, this was one hell of a week for the euro. Unlike rates, FX markets had no trouble discerning the most important sentence in Mario Draghi’s prepared remarks for the post-ECB-decision presser. This was the sentence that mattered: DOWNSIDE RISK TO OUTLOOK MAINLY DUE TO GLOBAL FACTORS […]
Nordson: A Premier Dividend King Dispensing Higher Dividends For 53 Straight Years
Jul 21, 2017
Jeremy Parkinson
Finance
Nordson (NDSN) has the 14th longest dividend growth streak among U.S. public companies with 53 consecutive years of increases, but many investors have never heard of this member of the dividend kings list here. However, Nordson is certainly a business that’s worth getting to know. The company has sticky customer relationships, a large base of recurring revenue, […]
Are You Sure You’re Mentally Equipped To Make Money In The Markets?
Jul 21, 2017
Jeremy Parkinson
Finance
Do you “trust your gut” when it comes to investing? If so, chances are you will struggle to consistently make money as an investor. That’s according to the work of Peter Atwater, who’s been studying investor psychology for well over a decade. Peter is President and Founder of Financial Insyghts, a financial research firm dedicated to understanding […]
TRI Pointe Homes – Chart Of The Day
Jul 21, 2017
Jeremy Parkinson
Finance
The Chart of the Day is TRI Pointe Homes (TPH). I wanted to find a growth stock so I used Value Line to screen for companies having projections of 10% growth in both revenue and earnings. I used Barchart to sort that list first by the most frequent number of new highs in the last month, then again for […]
ETFs In Focus After Phillip Morris’s Downbeat Q2 Results
Jul 21, 2017
Jeremy Parkinson
Finance
Shares of Philip Morris International Inc. (PM – Free Report) declined 1.45% at market close on Thursday, July 20, 2017. The company reported a year-over-year growth of 1.5% in total quarterly revenues, as it increased to $19.319 billion from $19.041 billion. Excluding excise taxes, it reported a $6.917 billion revenue figure in the second quarter of 2017 […]
Baupost’s Jim Mooney Connects The Dots, Sees Crash “Accelerant”
Jul 21, 2017
Jeremy Parkinson
Finance
As Baupost’s President and Head of Public Investments Jim Mooney looks at the current volatility landscape, he uses a mathematical logic that considers the mechanics of how leverage impacts the risk management terrain. His logic (and likely that of his famous boss, Seth Klarman) is that statistically abnormal volatility – the CBOE VIX index was knuckle dragging […]
New Chance To Buy Into Shares Of Tintri At IPO Quiet Period Expiration
Jul 21, 2017
Jeremy Parkinson
Finance
The 25-day IPO quiet period on Tintri Inc. (NASDAQ GLOBAL: TNTR) will end on July 25, allowing the firm’s IPO underwriters to publish reports and recommendations on Tintri, beginning July 26. The share price of Tintri Inc. will likely see a temporary increase as a result of a flood of positive underwriter reports. The event could open a […]
Harvest Capital Credit: ~10% Yielding Monthly Payer, But Coverage Is Weak
Jul 21, 2017
Jeremy Parkinson
Finance
Business Development Companies, or BDCs, are a popular investment class among income investors. BDCs pay dividend yields that far exceed the yields available from other asset classes. For example, the S&P 500 Index has a 2% dividend yield, on average. High-quality bonds aren’t much better—the 10-year U.S. Treasury Bond yields just 2.3% right now. Compare […]