Author Archive: Jeremy Parkinson
TRI Pointe Homes – Chart Of The Day
The Chart of the Day is TRI Pointe Homes (TPH). I wanted to find a growth stock so I used Value Line to screen for companies having projections of 10% growth in both revenue and earnings. I used Barchart to sort that list first by the most frequent number of new highs in the last month, then again for […]
ETFs In Focus After Phillip Morris’s Downbeat Q2 Results
Shares of Philip Morris International Inc. (PM – Free Report) declined 1.45% at market close on Thursday, July 20, 2017. The company reported a year-over-year growth of 1.5% in total quarterly revenues, as it increased to $19.319 billion from $19.041 billion. Excluding excise taxes, it reported a $6.917 billion revenue figure in the second quarter of 2017 […]
Baupost’s Jim Mooney Connects The Dots, Sees Crash “Accelerant”
As Baupost’s President and Head of Public Investments Jim Mooney looks at the current volatility landscape, he uses a mathematical logic that considers the mechanics of how leverage impacts the risk management terrain. His logic (and likely that of his famous boss, Seth Klarman) is that statistically abnormal volatility – the CBOE VIX index was knuckle dragging […]
New Chance To Buy Into Shares Of Tintri At IPO Quiet Period Expiration
The 25-day IPO quiet period on Tintri Inc. (NASDAQ GLOBAL: TNTR) will end on July 25, allowing the firm’s IPO underwriters to publish reports and recommendations on Tintri, beginning July 26. The share price of Tintri Inc. will likely see a temporary increase as a result of a flood of positive underwriter reports. The event could open a […]
Harvest Capital Credit: ~10% Yielding Monthly Payer, But Coverage Is Weak
Business Development Companies, or BDCs, are a popular investment class among income investors. BDCs pay dividend yields that far exceed the yields available from other asset classes. For example, the S&P 500 Index has a 2% dividend yield, on average. High-quality bonds aren’t much better—the 10-year U.S. Treasury Bond yields just 2.3% right now. Compare […]
Prepare For A 30-Year Bull Market
Heading into 2017, Wall Street was excited by the prospect of a U.S. president who sympathized completely with business. His promised tax and healthcare reforms were widely cheered by investors in the wake of his election. Yet the Congress has so far failed to deliver on those promises and investors are no longer giving the […]
Emerging Markets: What Has Changed – Friday, July 21
Written by my colleague Dr. Win Thin South Korea proposed resuming military and humanitarian exchanges with North Korea. The European Union may sanction Poland over its controversial judicial overhaul. Turkish Prime Minister Yildirim announced a cabinet shuffle after meeting with President Erdogan. Turkey’s worsening relations with Germany will come with economic costs. South African Reserve […]
Traders ‘Stunned’ As Nasdaq Fails To Rise, Debt-Ceiling Despair Inverts Yield Curve
The day started off badly with — European stocks fell to the lowest level in 10 days as concern about potential antitrust collusion sent carmakers toward the worst decline in more than a year. Euro Stoxx 600 has now erased all the gains from the French Election euphoria… Nasdaq failed to achieve its 11th day in a row […]
What Happens If Bitcoin Goes Mainstream?
Over the last few years, two new investment opportunities of note have come online. Both have the potential to rise in value more than anything else available to the general public… in history. The first is private startup equity (equity crowdfunding). This gives everyone the chance to invest very early in companies that are small […]
Peak Rigs???
“Davidson” submits: Several months ago I said we could see the BH Rig Count peak near 1,000. It is hard to predict this, but near term it looks like a definite flattening is occurring. Relating this to past rig count levels is hard to do with the shift in horizontal drilling and then add the […]
