Author Archive: Jeremy Parkinson

Abbott Tops Q1 Earnings On Strong EPD, Medical Device

Abbott Tops Q1 Earnings On Strong EPD, Medical Device

Abbott Laboratories (ABT – Free Report) reported first-quarter 2017 adjusted earnings from continuing operations of 48 cents per share, 11.6% higher than the Zacks Consensus Estimate and up 17.1% year over year. Reported earnings for the quarter came in at 22 cents per share, way ahead of the year-ago number of 4 cents. First-quarter worldwide sales came in […]
NZD/USD Rebound Vulnerable Ahead Of New Zealand CPI

NZD/USD Rebound Vulnerable Ahead Of New Zealand CPI

NZD/USD Daily Technical Outlook: Kiwi tested the March reversal day close at 7042 before turning lower with today’s candle attempting to post an outside-day reversal if we were to close at these levels (near-term bearish). Key near-term support rests at 6951/72 with a break of the monthly opening-range lows targeting critical support at 6861/85. Resistance / bearish invalidation stands at 7076/90 where the 100-day […]
Passive Negligence Part II

Passive Negligence Part II

<< Read More: Passive Negligence Part I Almost a year ago, we stumbled upon a topic that is currently generating much discussion in the financial media. In Mm Mm Good, published August 2016, we highlighted the Campbell Soup Company (CPB) and the utility sector to show how yield-starved investors were chasing dividend stocks to dangerously high valuations. The […]
GNC Holdings Shares Soar On Earnings Numbers

GNC Holdings Shares Soar On Earnings Numbers

Chances are even if you are not a major health and fitness enthusiast,  you have passed by or noticed a GNC. Perhaps you even entered one to see just exactly what they sell, or you are the guy/gal who make it a regular stop for your supplies of health products or “healthier” food products and […]
In Search Of The Next Perfect Trade

In Search Of The Next Perfect Trade

One of our guests on the podcast last week, Alex Gurevich, is the author of the book The Next Perfect Trade and founder of HonTe Investments, an extension of his own personal family business. HonTe Investments is run with a very simple goal: make money over the long run. Gurevich attempts to make money with a benchmark […]
Goldman Sees Net Hedge Fund Inflows In Second Quarter

Goldman Sees Net Hedge Fund Inflows In Second Quarter

Future hedge fund inflows look positive, according to a Goldman Sachs Capital Introduction team survey. The positive outlook for the hedge fund industry comes as it delivered positive returns for five consecutive months, according to data from HFR. The HFRI Fund Weighted Composite Index pushed highe pushed highe by +0.24 percent for the month, doubling the performance of the S&P 500 […]
U.S. Bancorp Beats On Q1 Earnings, Expenses Flare Up

U.S. Bancorp Beats On Q1 Earnings, Expenses Flare Up

U.S. Bancorp (USB – Free Report) reported a positive surprise of 2.5% in first-quarter 2017. The company reported earnings per share of 82 cents, beating the Zacks Consensus Estimate of 80 cents. Results also came ahead of the prior-year quarter earnings of 76 cents. Shares of U.S. Bancorp dropped slightly in the pre-market session, indicating that investors have […]
Is The Bearish Run Over For British Pound ETFs?

Is The Bearish Run Over For British Pound ETFs?

British Prime Minister Theresa May stunned investors with a surprise announcement to hold a snap general election on June 8, three years ahead of the 2020 schedule. Resistance from opposition parties and members of the House of Lords to Brexit negotiations prompted Theresa May to take this decision. The early election will increase May’s mandate […]
Gold Elliott Wave View: Pullback Ending

Gold Elliott Wave View: Pullback Ending

Short term Elliott Wave view in Gold (XAUUSD) suggests that cycle from 4/10 low (1246.92) is unfolded as an impulse Elliott wave structure where Minutte wave ((i)) ended at 1257.2, Minutte wave (ii) ended at 1250.8, Minutte wave (iii) ended at 1279.75, Minutte wave (iv) ended at 1271.69 and Minutte wave (v) of (a) ended at 1295.6 peak. Below […]
TD Ameritrade Holding Corp. Revenue & Assets Hit New Records In Q2

TD Ameritrade Holding Corp. Revenue & Assets Hit New Records In Q2

Written by StockNews.com TD Ameritrade Holding Corp. (Nasdaq: AMTD) early Wednesday posted mixed second quarter earnings results, with profit barely missing expectations, although revenue and client assets both hit new records. The Omaha-based investment brokerage reported: Q2 earnings per share (EPS) of $0.40, which was $0.01 worse than the Wall Street consensus estimate of $0.41. Revenues […]