3 Underrated Space Stocks Set Up For A Great 2025
Dec 04, 2024Jeremy Parkinson0
Image courtesy of 123rf.com While Intuitive Machines (Nasdaq: LUNR) and Rocket Lab USA (Nasdaq: RKLB) took the space stock spotlight, the industry is a rapidly evolving one. These companies specialize in satellite deployments, the cornerstone of the space sector.Although they make for relatively safe space stock exposures, there is one exception to consider due to its enormous penny […]
ISM Services PMI And ADP Employment Report
Dec 04, 2024Jeremy Parkinson0
ISM Services PMI came in well below expectations, coming in at 52.1 (street was expecting 55.7), and 3.9 points below October. Although any reading above 50 means expansion, so the services sector (roughly 2/3rds of today’s economy) continues to expand, albeit at a slower pace, for the 5th straight month. With 14 out of the […]
The Undervalued Stock That Superinvestors Are Loading Up On
Dec 04, 2024Jeremy Parkinson0
Image Source: Pixabay As part of the weekly research here at The Acquirer’s Multiple we’re always interested in investing gurus who hold the same stocks that appear in our Acquirer’s Multiple Stock Screeners, based on their latest 13F’s. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and […]
Biggest Winners And Losers Since The Election
Dec 04, 2024Jeremy Parkinson0
It’s been nearly a month now since the Presidential election, and from the close on 11/5 through yesterday (11/3), 354 (71%) of stocks in the index have experienced gains and the average performance of all 500 stocks in the index is a gain of 3.89%. Of the ones that have rallied since the election, 13 have […]
What Is A Yield Curve And How Is It Used By Investors?
Dec 04, 2024Jeremy Parkinson0
Image Source: Pexels Bond or fixed income investors talk a lot about yield curves, but what is a yield curve and how can it be used in portfolio management? Generally speaking, a yield curve is a graphical representation (as shown in graph 1) of the relationship between interest rates (or yields) and the maturity dates of […]
Softer U.S. Services Growth Favours Further Fed Rate Cuts
Dec 04, 2024Jeremy Parkinson0
Commentary from Fed officials has leaned dovish over the past week, suggesting subdued data will give them greater confidence to cut rates at a third consecutive meeting on 18 December. This week’s ISM reports have ticked that box and a soft jobs number on Friday would likely seal the deal even if next week’s inflation data remains […]
The World Economy Needs To Simplify
Dec 04, 2024Jeremy Parkinson0
Image Source: Pexels Economic growth and added complexity sound like they would be good, but at some point, the combination gets to be too much–simplification is needed.Too much of the world’s income starts going to non-working individuals and to high-earning workers in privileged fields. Ordinary working citizens start to say, “Wait a minute, there is not […]
FTSE Snaps Its Winning Five Day Streak
Dec 04, 2024Jeremy Parkinson0
Image Source: Pexels On Wednesday, the FTSE 100, the leading stock index in the UK, fell, ending a consecutive five-day rally. The decline was largely attributed to a dip in AstraZeneca’s shares after a revision of its target price. At the same time, investors were assessing local economic data along with remarks from Bank of England […]
ISM Non-Manufacturing Shows That Services Continue To Power The Economy Forward
Dec 04, 2024Jeremy Parkinson0
Because services are roughly 3/4’s of the economy, I now pay a lot of attention to the economically weighted average of the ISM manufacturing and services indexes. Since the accession of China to normal trading status with the US, a downturn in manufacturing alone has simply not been enough to forecast recession – which has […]
Bond Yields Need To Be Watched
Dec 04, 2024Jeremy Parkinson0
I hear lots of folks pointing out flaws in the markets, but I remind people that late Q4 declines from new highs are extremely rare. Cracks usually continue into the new year before any kind of meaningful pullback is seen. Sure, we can get a 2-3% pullback anytime and certainly between now and the 20th. […]