Kohl’s Corp. (KSS) Beats Q1 Earnings; Lags On Revenue
May 14, 2015
Jeremy Parkinson
Finance
Kohl’s Corporation (KSS – Analyst Report) is a U.S. based department store chain that operates specialty department stores and an e-commerce site in the U.S. The department store appeals to middle-class consumers as it sells discounted branded and private label clothing and home goods. Like most of the retailers, Kohl’s has struggled hard in the past one year, […]
Wholesale Deflation Strikes U.S. Economy: April PPI Has Biggest Annual Drop In 5 Years
May 14, 2015
Jeremy Parkinson
Finance
Something funny happened on the way to the global reflation (telegraphed so loudly by the recent surge in 10Y yields (TNX) to the highest level of 2015): PPI just crumbled by a sequential 0.4% in the month of April, despite expectations it would rise by 0.1% and continue the 0.2% monthly increase seen in March. […]
Crisis Breeds Innovation: The Roots Of The “Sharing Economy”
May 14, 2015
Jeremy Parkinson
Finance
Crisis breeds innovation… and since the financial crisis, people and businesses have come up with some pretty creative solutions to make ends meet. With strong, full-time employment a rare commodity these days, it’s no surprise people would take the simplest path for the greatest good. We call it the “Uber Economy” or the “Sharing Economy” […]
The Stock Whisper Of The Day: J. C. Penney
May 14, 2015
Jeremy Parkinson
Finance
The stock whisper of the day is: (JCP). Video Length: 00:04:00
Great Graphic: Bunds And The Euro
May 14, 2015
Jeremy Parkinson
Finance
There are two separate by related developments that are lifting the euro to its best level in three-months against the US dollar. First, the US economy is off to a disappointing start to Q2 after the economy appears to have contracted by around 1% annualized pace in Q1. The strong bounce back after the […]
Morning Call For May 14, 2015
May 14, 2015
Jeremy Parkinson
Finance
OVERNIGHT MARKETS AND NEWS June E-mini S&Ps (ESM15 +0.50%) this morning are up +0.45% on speculation that Wednesday’s weaker-than-expected U.S. Apr retail sales may keep the Fed from raising interest rates. European stocks are down -0.01% amid a stronger euro as EUR/USD climbed to a 2-3/4 month high. Another negative for European stocks is an […]
Thrilling Thursday – Markets Continue Their Wild Ride
May 14, 2015
Jeremy Parkinson
Finance
What a great day we had yesterday! For those of you lucky enough to read our morning post (and you can have yours delivered pre-market, daily by subscribing HERE), we had re-picked a short position on S&P Futures (/ES)at 2,105 and, as you can see from Dave Fry’s chart, we got a lovely drop down to 2,092, […]
Thursday Pre-Market Insights: PRTY, CYRN, CTRP, SHAK
May 14, 2015
Jeremy Parkinson
Finance
Party City Holdco Inc. (NYSE:PRTY) shares increased 23.62% in pre-market trading to $26.90 as the party supply store is set to release earnings today after market close. The company went public in mid-March with an IPO price of $17. Cyren Ltd. (NASDAQ:CYRN) shares increased nearly 16.28% to $3.50 after the cloud-based security solution company announced an agreement […]
The “Great Fund Debate” About Indexing Isn’t Much Of A Debate
May 14, 2015
Jeremy Parkinson
Finance
Wall Street Journal columnist Jason Zweig recently issued “a split decision in the passive vs. active brawl” for the “Great Fund Debate” between Vanguard founder John Bogle and newsletter writer James Grant. That’s a curious verdict because Bogle has the numbers in his corner while Grant relies primarily on rhetoric and the hope that the disappointing history […]
Australian Banks Win Behind The Curtain?
May 14, 2015
Jeremy Parkinson
Finance
The Australian Government is extremely left wing even among the Conservatives. Nevertheless, the Australian budget for 2015 has been leaking out little by little and the reaction to taxing savings was now well received publicly or behind the curtain. This time the Australian banks rose up and warned they would lose all standing in world commerce. The proposal to […]