January 2015 Philly Fed Coincident Index Continues Slowing Rate Of Year-over-Year Growth Trend
Apr 06, 2016Jeremy Parkinson0
The year-over-year rate of growth of the US Coincident Index again declined – but this month insignificantly. A comparison of this US Coincident Index with the Aruoba-Diebold-Scotti business conditions index, Conference Board Coincident Index, ECRI’s Coincident Index, and the Chicago Fed National Activity Index follows. Economic indicators that coincide with economic movements are coincident indicators. […]
MasterCard Inc Exploring Partnership With Twitter, Inc. For P2P Payment Service
Apr 06, 2016Jeremy Parkinson0
Twitter (NYSE:TWTR) shares have soared 10% after a report emerged that credit card company Mastercard (NYSE:MA) would be interested in pursuing a payment service partnership with the company. MasterCard’s president of international markets told CNBC: “We see companies like Facebook and Twitter occupying a really good space in social media and we are always over in Silicon Valley talking to […]
Chart Of The Day: German Exports Sputter Due To Sinking China Orders
Apr 06, 2016Jeremy Parkinson0
China’s economy is now slowing, and it is buying less from Germany. Nine of Germany’s 10 biggest exports to China fell last year including cars, one of the most important industries in Germany.
Tesla Nearly Doubled In Two Months
Apr 06, 2016Jeremy Parkinson0
Model 3 fever has gone absolutely wild…
Earnings Shock Straight Ahead
Apr 06, 2016Jeremy Parkinson0
At quarter’s end, the Federal Reserve lent out $303.5 billion in reverse repos to Wall Street banks, dealers, brokers and mutual funds, known as the “window dressing” period but as we progress into the new quarter this money has to be paid back, so the last couple of days these same institutions pegged stocks at […]
5 Top-Ranked Stocks To Buy Before Earnings Release In April
Apr 06, 2016Jeremy Parkinson0
A few companies have come up their first-quarter earnings results, with Alcoa (AA) being the first among the S&P 500 members to report after the closing bell on Monday. The overall earnings picture for the first quarter appears gloomy with estimates remaining low. In fact, over the last three months, Q1 estimates have fallen significantly, […]
The Countdown To Equity Crowdfunding Begins Now
Apr 06, 2016Jeremy Parkinson0
You wouldn’t have recognized the VC industry of the 1940s. It was puny. And it pretty much stayed that way throughout the 1950s, 60s and 70s. Then the government decided to change the rules. It issued the “Prudent Man Rule,” which allowed pension funds to invest in venture capital. It triggered a surge in VC […]
These 3 Things Are Hurting ConAgra’s Earnings This Quarter
Apr 06, 2016Jeremy Parkinson0
Photo Credit: linda sellers ConAgra Foods, Inc (CAG) Consumer Staples – Food Products | Reports April 7, Before Market Opens Key Takeaways The Estimize consensus is calling for EPS of $0.59 on $2.89 billion in revenue, 1 cent higher than Wall Street on the bottom line and $15 million more on top ConAgra made headlines this quarter […]
Three Things I Think I Think – Hump Day Edition
Apr 06, 2016Jeremy Parkinson0
Okay people. Just 2.5 more days and we’re there. You can make it….In the meantime, here are some things I think I am thinking about: 1 – Why Bull Markets are Hated. Here’s a great piece from Josh Brown about bull markets and why they’re so hated. The sad reality of the financial markets is that all […]
USD Crashes Ahead Of FOMC Minutes – A Buy Opportunity?
Apr 06, 2016Jeremy Parkinson0
The US dollar is sliding across the board. The bigger breakout is seen in USD/JPY which digs lower to levels last seen in October 2014, but also other currencies are celebrating against the US dollar. The Federal Reserve releases the minutes from the March 16th meeting. In that meeting, and in a consequent speech by Fed Chair Janet Yellen, the […]