Cintas Is A Sleeper Stock Worth Investing In
Jan 04, 2018Jeremy Parkinson0
There is a good chance you have heard of Cintas (Nasdaq: CTAS) before. They are primarily a uniform company with a steady base of customers and a long history of growth. But as many investors eyes have turned to the sexier technology stocks, the smart investors have paid attention to boring stocks like Cintas. In this […]
3 Strong Buy Fidelity Mutual Funds To Invest In
Jan 04, 2018Jeremy Parkinson0
Fidelity Investments is considered as one of the leaders in the financial services industry with presence in eight countries of North America, Europe, Asia and Australia, and more than 400 research professionals. The company carries out operations in the United States through 10 regional offices and over 180 Investor Centers. The company provides investment advice, […]
December 2017 Job Cuts Lowest Year Since 1990
Jan 04, 2018Jeremy Parkinson0
from Challenger Gray and Christmas U.S.-based employers announced 32,423 job cuts in the last month of the year, bringing the year-end total to 418,770. That is the lowest annual total since 1990*, when 316,047 cuts were recorded. Said John Challenger, Chief Executive Officer of Challenger, Gray & Christmas, Inc. The retail pivot that caused […]
Weekly Unemployment Claims: Up 5K, Worse Than Forecast
Jan 04, 2018Jeremy Parkinson0
Here is the opening statement from the Department of Labor: In the week ending December 30, the advance figure for seasonally adjusted initial claims was 250,000, an increase of 3,000 from the previous week’s revised level. The previous week’s level was revised up by 2,000 from 245,000 to 247,000. The 4-week moving average was 241,750, […]
Tesla, Inc. Stock Slides As Q4 17 Deliveries Fall Short
Jan 04, 2018Jeremy Parkinson0
Tesla, Inc. (Nasdaq: TSLA) disappointed investors yet again during the fourth quarter by missing its production target for the Model 3. Tesla Q4 2017 deliveries totaled 29,870 vehicles, a slight miss versus the FactSet consensus of 30,000. Of that total, the consensus was expecting 4,100 Model 3 cars, but the automaker delivered only 1,550 of its mass-market […]
Can The Fed Really Boost Bond Yields?
Jan 04, 2018Jeremy Parkinson0
One of the biggest issues with predictions of rising 10-year bond yields since “bond bears” came out in earnest in 2013, is they have been consistently wrong. For a bit of history, you can read some of my previous posts on why rates can’t rise in the current environment. Bond Bears & Why Rates Won’t Rise Why Bonds Aren’t […]
Passive Perfect
Jan 04, 2018Jeremy Parkinson0
The passive investors – – which is just about everyone at this point – – continue to reign supreme. New lifetime highs across the board, as ES completes its measured move: ……and NQ continues to vault above its former triangle…….. Of course, the biggest move overnight is making a certain Sloper I know […]
Domino’s Pizza Upgraded To Outperform From Neutral At Credit Suisse
Jan 04, 2018Jeremy Parkinson0
Credit Suisse analyst Jason West upgraded Domino’s Pizza (DPZ) to Outperform and raised his price target for the shares to $220 from $205. The shares closed yesterday up $4.72 to $191.66. The stock has sold off sharply from recent highs, despite “significant upside”: to forward earnings around tax reform, West tells investors in a […]
Some Folks In Japan Were Ready To Buy Some Goddamn Stocks After The Holiday
Jan 04, 2018Jeremy Parkinson0
Boy, I’ll tell you what, Donald Trump’s “nation of Samurai warriors” came back from the break on a mission to buy some goddamn stocks. Although this was to be expected (they’re effectively playing catch up), the Nikkei soared a truly incredible 3.3% on Thursday. That’s the best gain in more than a year and markets […]
Crack Down
Jan 04, 2018Jeremy Parkinson0
Iran’s Revolutionary Guard says it put a stop to the protests in Iran, yet the oil traders are not that convinced. After many arrests and over 20 dead, the Iranian people are tired of being left out of the global economic surge. At the same time, the global economic surge is draining U.S. and global […]