Author Archive: Jeremy Parkinson
Sherwin-Williams: Strong Q2 Thanks To Newly-Acquired Valspar
Dividend history is one of the most straightforward and accurate measures of business quality. Intuitively, this makes sense – a company must have a significant and durable competitive advantage in order to raise its dividend every year for decades. Sherwin-Williams (SHW) is one of the most high-quality, well-managed businesses in our stock universe. The company […]
Slipping Crop Ratings & Vacillating Heat Has Corn Market On Edge
Market Analysis This year’s declining USDA crop ratings and a vacillating high-pressure heat dome in the SW US swinging into the Plains and the Western Corn Belt has the corn market nervous as this crop is moving further into pollination. Over the last two weeks corn’s top two categories (good/ excellent) have slipped 4% nationally […]
5 Toxic Stocks To Abandon Or Play Short For Profit
The success of an investor depends on proper identification of overpriced toxic stocks and the rightly priced ones. However, the over-bubble stocks and the fairly priced stocks are intermixed in the market place in such a way that it becomes very tough to differentiate between them. Investors who can figure out the toxic stocks and […]
Euronavigating The Treacherous Waters
Euronav (EURN) is the largest public company in the crude oil shipping business. The industry has taken a hit over the last two years amid overcapacity, but Euronav is a terrific operator that has remained profitable through this period. Nevertheless, it trades at a massive discount to book value and a P/E of just 6. […]
Holding Steady
Over the past week, my core market health indicators bounced around a bit, but are holding steady in bullish territory. One thing of note, is that my measures of the economy are on the verge of going positive. I suspect that there is a good chance they go positive in the next few weeks. Conclusion […]
S&P Raises Outlook On Greece Ahead Of Bond Sale, Keeps B- Rating
Consider it a kiss to the bond investors who are expected to oversubscribe the upcoming latest “triumphal” Greek return to the bond markets, as soon as next week. Moments ago, rather unexpectedly, S&P raised its outlook on Greece from Stable to Positive, but reaffirmed the Greek rating at B-. The rating agency, said it believes that […]
DAX VIX Soars As German Stocks Plunge Most This Year
Right, so German equities just had their worst day of the year. As noted earlier, a rout in automakers tied to reports of possible collusion didn’t help matters. Here’s Bloomberg’s quick summary: Another week, another scare from the German car industry. What began with Daimler AG’s massive recall of more than 3 million diesel cars to lower their […]
Schlumberger Announces Second-Quarter 2017 Results
Schlumberger Limited (NYSE: SLB), with principal offices in Paris, Houston, London and The Hague, is the world’s leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. It operates in 85 countries and employs approximately 100,000. Schlumberger reported results for the second quarter of 2017 as follows: Total corporate revenue: […]
July 2017: ECRI’s WLI Growth Index Rate Marginally Ticks Up
ECRI’s WLI Growth Index which forecasts economic growth six months forward remains in positive territory for over one year – after spending the previous 35 consecutive weeks in negative territory. This is compared to RecessionAlerts similar weekly leading index. Also, ECRI released their coincident and lagging indices. Analyst Opinion of the trends of the weekly […]
American Axle Plunges After Reports Of Deep GM Production Cuts
Shares of drivetrain maker American Axle (AXL) are plunging after reports of potentially significant production cuts at General Motors (GM). GM PRODUCTION CUTS: According to an earlier report from Reuters, the auto giant is weighing “whether to cancel at least six passenger cars in the U.S. market after 2020, including the Chevrolet Volt hybrid, which […]
