3 Reasons This Was A Great Quarter For Shake Shack
May 14, 2015
Jeremy Parkinson
Finance
1. Same-Shack sales take flight Shack Shake (SHAK) uses a metric it calls Same-Shack sales to describe its business at locations which have been open for at least 2 years. Most companies compare same store sales after only one year of operation, but Shake Shack says it sees so much initial demand when it opens […]
Never Mind P/E: 5 Great ROE Stocks
May 14, 2015
Jeremy Parkinson
Finance
The 2000s may have been a lost decade in the stock market, with the S&P 500 down 25%. The teens, however, have been terrific. The blue chips have returned about 85% since the start of 2010, and the index is now almost 45% above where it ended the 1990s. So it’s understandable to wonder if […]
Gold Daily And Silver Weekly Charts – The Money Shot – To Say ‘No’
May 14, 2015
Jeremy Parkinson
Finance
“Plunderers of the world, when nothing remains on the lands to which they have laid waste by wanton thievery, they search out across the seas. The wealth of another region excites their greed; and if it is weak, their lust for power as well. Nothing from the rising to the setting of the sun is […]
5 Mid Cap Value Mutual Funds To Outperform
May 14, 2015
Jeremy Parkinson
Finance
Value stocks are stocks that tend to trade at a price that is lower than its fundamentals (i.e. earnings, book value, Debt-Equity). It is common for some investors to invest in value funds for the income or yield. However, not all value funds are comprised solely of companies that primarily use their earnings to pay […]
Breakout In S&P And Russell 2000
May 14, 2015
Jeremy Parkinson
Finance
Is this the breakout markets have been waiting for? Both the S&P and Russell 2000 edged past resistance and the Nasdaq has managed to climb above 5,000, although it’s a few days from challenging the high. The S&P needs to follow through higher (very) soon to put this consolidation from February to bed. The Russell […]
DST Systems – Chart Of The Day
May 14, 2015
Jeremy Parkinson
Finance
The Chart of the Day belongs to DST Systems (NYSE:DST). I found the stock by sorting the All Time High list for the stocks with the highest technical buy signals, then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 3/31 the stock gained 7.57%. DST Systems, Inc. provides sophisticated information processing and computer […]
S&P 500 Closes At A Record High
May 14, 2015
Jeremy Parkinson
Finance
The pre-market open economic news was a mixed bag: New Jobless Claims came in better than forecast, but the Headline Producer Price Index for Final Demand hit a record low. And these reports follow up on yesterday’s Retail Sales data suggesting that the consumer is in semi-hibernation. No worries! The S&P 500 bolted from the gate with a strong morning rally […]
SP 500 And NDX Futures Daily Charts – The Walking Dead
May 14, 2015
Jeremy Parkinson
Finance
The PPI (Producer Price Index) this morning was shockingly negative. And so stocks rallied, on the basis that since we are seeing so many deflationary indications the Fed would not be raising rates anytime soon. Again I would like to reiterate the Le Café view that the Fed never had any economically based intentions of raising […]
Flash Crash Scapegoat Nav Sarao Complained More Than 100 Times About The Real Market Manipulators
May 14, 2015
Jeremy Parkinson
Finance
Several weeks ago, when the CFTC and DOJ’s laughable attempt to scapegoat the May 2010 flash crash on the actions of a live-in-his-parents-basement UK trader, we explained “Why Sarao Is The Flash Crash Patsy: He Threatened To Expose The “Mass Manipulation Of High Frequency Nerds.” It now turns out that he not only threatened to expose […]
9 May 2015 Initial Unemployment Claims Rolling Averages Again Improves
May 14, 2015
Jeremy Parkinson
Finance
Weekly Initial Unemployment Claims The market was expecting the weekly initial unemployment claims at 265,000 to 280,000 (consensus 276,000) vs the 264,000 reported. The more important (because of the volatility in the weekly reported claims and seasonality errors in adjusting the data) 4 week moving average moved from 279,500 (reported last week as 279,500) to […]