Author Archive: Jeremy Parkinson
Dividend Income February 2018
Each month I publish my dividend income. I do this for staying self motivated and to give you the readers the chance to follow my journey from the beginning on. The dividend income in the first couple of years will be on a very low level but investing in dividend stocks is all about the […]
Sizing Up The Dropbox
The Dropbox (DBX) IPO is well-trod ground at this point. The deal is expected to price on 3/22 and open for trading Friday, 3/23. The company raised the range to $18-20 so we are using the $19 mid-point in our analysis. To add to the general pomp and circumstance, Salesforce (CRM) stepped up to buy $100M of […]
No Hawks Nor Doves, Just Dollar
On January 24, Treasury Secretary Steve Mnuchin either misspoke or let slip a Freudian sort of wish. Extolling a weak rather than strong dollar, it was seemingly a total break from longstanding official US policy. It’s not really a policy anyone takes too seriously, if for no other reason than the dollar isn’t really a […]
Dovefest: Powell The Hawk Flew Out The Window, Turned Into A Dove
Some thought the Fed would hike half a point today. Instead, faster hikes now appear more likely in 2019. I was laughing yesterday at this Bloomberg projection via the Daily Shot. I am not sure where Bloomberg got that number from as CME Fedwatch had a 95% probability of a quarter-point hike. Forget the outcome, […]
Today’s Biggest Winner: Banks To Get An Extra $5 Billion In Interest From The Fed
Today’s 25bps hike in rates to 1.75% will have little impact on how much interest is paid to the trillions of dollars held in checking and savings accounts across the US (simply because banks continue to drown in over $2 trillion in excess reserves and thus do not really need all those deposits). It will, […]
March 21 FOMC Meeting Statement: Federal Funds Rate Raised As Expected
Econintersect: The Federal Open Market Committee (FOMC) – the board of directors of the Federal Reserve – raised the federal funds rate as expected. …. economic activity has been rising at a moderate rate. Job gains have been strong in recent months, and the unemployment rate has stayed low. …. Analyst Opinion of the FOMC Meeting […]
Five Below (FIVE) Q4 Earnings & Sales Beat, Guides FY18
Five Below, Inc. FIVE delivered better-than-expected top and bottom lines for the fifth and tenth straight quarter, respectively, when it reported fourth-quarter fiscal 2017 results. However, in spite of solid results, shares of this Zacks Rank #3 (Hold) company came under pressure following management’s fiscal 2018 guidance that came below analysts’ expectations. The stock fell more than […]
The Largest Company In Every State By Revenue
Pretty much every state has at least one workhorse company that posts a revenue number in the billions. In a state like California or Texas, these companies tend to be gargantuan in size even from a national or international perspective. Apple ($216 billion) and ExxonMobil ($226 billion) are two prime examples, and they are obviously […]
Bitcoin Chart Has An Amazing Setup But Should Hold At This Point
The Bitcoin chart has an amazing look. So far, Bitcoin has respected its uptrend which may sound surprising to many people who are ‘shocked’ about the recent crash. Fear not, though, because, so far, Bitcoin is still in an uptrend but current price levels should hold, this is why. We know as a fact that […]
