ISM New York Drops To September Lows As All Components Decline; Employment Plunges
Apr 04, 2016
Jeremy Parkinson
Finance
While last week’s Chicago’s PMI staged a strong bounce from its recent contraction and back into expansion, New York did not. ISM New York just printed at 50.4, just barely above the contraction point, and the lowest headline print since mid 2015. The extremely noisy time series continues to swing, this time lower, with every […]
Rayno Biopharmaceuticals: New Buy Idea – Roche Plc.
Apr 04, 2016
Jeremy Parkinson
Finance
Roche/Genentech Has a Strong Pipeline in Diagnostics and Therapeutics to Drive Moderate Growth in 2016 New Stock Pick: Roche Holding (RHHBY) $30.36 Over the past 3 months we recommended several new buys for the Rayno Biopharma Portfolio emphasizing moderate growth, relative safety and dividend plays. Three large cap biopharma stocks were previous picks: Abbvie (ABBV), […]
The Stock Whisper Of The Day: GDX, RIO, GFI, USO
Apr 04, 2016
Jeremy Parkinson
Finance
Hot stocks of the day: GDX, RIO, GFI, USO Video length: 00:05:22
Think The Market Will Reach A New High? Here’s Why We Don’t
Apr 04, 2016
Jeremy Parkinson
Finance
Stocks are once again rallying after another “mini crash” at the start of the year. We’ve had three of these things since October 2014 without much to show for it. As Adam warned Boom & Bust readers earlier this week, stocks have basically gone nowhere for a year and a half. After the first crash in late […]
AUD, NZD Fall As US Dollar Trades Mixed
Apr 04, 2016
Jeremy Parkinson
Finance
Today’s Economic events Japan Monetary Base y/y 28.50% vs. 28.70% Australia MI inflation gauge m/m 0.0% vs. -0.20% previously Australia building approvals m/m 3.10% vs. 2.10% Australia retail sales m/m 0.0% vs. 0.40% ANZ Job Advertisements m/m 0.20% vs. -1.20% previously Eurozone Sentix investor confidence 5.7 vs. 6.9 Eurozone unemployment rate 10.30% vs. 10.30% UK […]
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BlackBerry: Unrequited Love
Apr 04, 2016
Jeremy Parkinson
Finance
After reporting FQ4 earnings Friday BlackBerry BBRY is slumping. The company achieved GAAP revenue of $464 million and a per share loss of $0.45. Revenue was down 30% Y/Y and off 15% sequentially; revenue was over $97 million lower than analysts expected. In FQ3 BlackBerry reported a sequential increase in revenue; I expected the company […]
EUR/USD And GBP/USD Forecast – April 4, 2016
Apr 04, 2016
Jeremy Parkinson
Finance
EUR/USD The EUR/USD pair went back and forth during the course of the day on Friday, in reaction to the nonfarm payroll numbers. This isn’t much of a surprise to me, the jobs number release typically has been pretty much a wash, as it’s quite often a neutral day. However, we are a bit extended […]
4 Broker-Favorite Dividend Stocks To Buy Now
Apr 04, 2016
Jeremy Parkinson
Finance
For the novice investors, market volatility makes investing a precarious and panicky activity. These edgy investors prefer to either stay away from the market all together or to wait on the sidelines until the market regains steadiness. But, volatility is the inescapable and inevitable characteristic of the risky market, and it depends on a number […]
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Clouds Ahead For Real Estate Worldwide, But It Is A Mixed Bag
Apr 04, 2016
Jeremy Parkinson
Finance
There are clouds ahead for real estate worldwide, while it remains a mixed bag. As oil prices soften, it appears to most people, the Fed chairman included, that demand is slowing in the world and that oil is simply a gauge of that decline in demand. So, while there are limited access cities, where tech […]
India’s Banking Sector Growth Potential
Apr 04, 2016
Jeremy Parkinson
Finance
The banking sector stocks in India have been depressed in the recent past and this has been as a result of several factors including rising NPAs for public sector banks and sluggish economic growth impacting credit growth. However, I see this weakness in the banking sector stocks as a good opportunity to consider exposure to […]