Lockheed Beats On Q4 Earnings, Issues ’18 Outlook
Jan 29, 2018Jeremy Parkinson0
Lockheed Martin Corp. (LMT – Free Report) reported fourth-quarter 2017 adjusted earnings from continuing operations of $4.30 per share, which surpassed the Zacks Consensus Estimate of $4.06 by 5.9%. Excluding one-time impacts of Tax Cuts and Jobs Act, the company reported a loss of $2.50 per share as against the earnings of $3.25 from the year-ago period. Lockheed […]
All Is Well. Or Is It?
Jan 29, 2018Jeremy Parkinson0
Stock market complacency has never been greater. One of my favorite films is Animal House. The mayhem depicting the Tri-Delt sabotage of a college town parade in the film’s final scenes is truly astounding. Animal House introduced a very young Kevin Bacon to movie audiences. In its finale, he plays a member of an ROTC squad providing […]
Sohu.com Inc. Shares Crumble Following Q4 Earnings
Jan 29, 2018Jeremy Parkinson0
Sohu logo. (PRNewsFoto/Sohu.com Inc.) Sohu.com Inc. (Nasdaq: SOHU) On Monday morning before the market opened, Sohu.com Inc ($SOHU) announced fourth-quarter earnings that missed expectations and sent nosediving in the premarket. The company announced a net loss of $7.57 per share on $510 million in revenues with $72 million of it coming from brand advertising revenues and search-related […]
December 2017 Headline Personal Income Improves
Jan 29, 2018Jeremy Parkinson0
The headline data this month good year-over-year growth in income – with expenditures year-over-year growth now below income growth – with the savings rate remaining historically low. Analyst Opinion of Personal Income and Expenditures The savings rate declned and is at 21st century lows. Consumer spending growth was lower than income growth year-over-year. The backward […]
Billion Dollar Unicorns: Why Doesn’t Adyen Want To Go Public?
Jan 29, 2018Jeremy Parkinson0
According to an IBISWorld report published last year, the online payment processing software market in the US has grown 7% annually over the period 2012 through 2017 to $20 billion. Amsterdam-based Adyen is a Billion Dollar Unicorn club member in this space, one of the few European Unicorns that have crossed the threshold. Adyen’s Financials Adyen was founded […]
US Dollar – Up Then Down?
Jan 29, 2018Jeremy Parkinson0
Over the Christmas break, the guys at MacroVoices created a special series about the future of the US dollar. It was supposed to be a bulls versus bears debate, but a problem became quickly apparent when all the participants found themselves agreeing, that over the long run, the US dollar was headed lower. They simply disagreed about […]
Recent Stock Purchase II January 2018
Jan 29, 2018Jeremy Parkinson0
One week later and I made my second purchase for the month of January. Sticking with the theme of finding unloved stocks to buy and my January stock considerations list, I remained within the health REIT sector as 2018 proved to be a very rough start for many stocks in the space. Buying when others are selling […]
U.S. Dollar Claws Back, EUR/USD Retraces Ahead Of Big Week Of US Data
Jan 29, 2018Jeremy Parkinson0
U.S. DOLLAR SELL-OFF FINDS BOUNCE AT THREE-YEAR LOWS Last week saw another extension in the sell-off that started in the U.S. Dollar in the first week of last year. And while that trend remained rather smooth in southbound direction for the first nine months of 2017, a bit of support had started to show in Q4 as […]
PCE Price Index: December Headline & Core
Jan 29, 2018Jeremy Parkinson0
The BEA’s Personal Income and Outlays report for December was published this morning by the Bureau of Economic Analysis. The latest Headline PCE price index was up 0.11% month-over-month (MoM) and is up 1.70% year-over-year (YoY). The latest Core PCE index (less Food and Energy) came in at 0.18% MoM and 1.52% YoY. Core PCE remains below […]
Thawed Out
Jan 29, 2018Jeremy Parkinson0
Commodities are on fire as the economy in the U.S. leads the world in a commodity consuming growth period. Lumber surged to all-time highs and industrial metals are strong as manufacturing and factory growth around the globe is strong. Oil prices are pulling back after a rise in the rig count even though it’s making […]