Author Archive: Jeremy Parkinson
BNY Mellon (BK) Beats On Q1 Earnings As Revenues Improve
Have you been eager to see how The Bank of New York Mellon Corporation (BK – Free Report) performed in Q1 in comparison with the market expectations? Let’s quickly scan through the key facts from this New York-based financial services company’s earnings release this morning: Earnings Beat BNY Mellon came out with earnings of $1.10 per share, surpassing the […]
Aspen Group, Inc. Prices Underwritten Public Offering Of Common Stock
NEW YORK, April 19, 2018 (GLOBE NEWSWIRE) — Aspen Group, Inc. (Nasdaq:ASPU), a post-secondary education company, today announced the pricing of an underwritten public offering of 2,800,000 shares of its common stock at a price of $7.15 per share. The company has also granted to the underwriters a 30-day option to acquire an additional 420,000 […]
Bear Of The Day: Bed Bath & Beyond (BBBY)
Founded in 1971, Bed Bath & Beyond (BBBY – Free Report) is an omnichannel retailer offering a wide selection of domestic merchandise and home furnishings. As of Mar 3, 2018, the company operated 1,552 across 50 states, DC, Puerto Rico and Canada, including its namesake stores as well as stores under other names. Lackluster Results and Guidance Reflect […]
The Risk To Markets – Global Growth
The stock market has been rallying on the surge in global economic growth (recently monikered global synchronized growth) over the past year. The hope, as always, is that growth is finally here to stay. The surge in growth has also given cover to the Federal Reserve, and Central Banks globally, to start reducing the flood of liquidity […]
Weekly Unemployment Claims: Down 1K, Slightly Worse Than Forecast
Here is the opening statement from the Department of Labor: In the week ending April 14, the advance figure for seasonally adjusted initial claims was 232,000, a decrease of 1,000 from the previous week’s unrevised level of 233,000. The 4-week moving average was 231,250, an increase of 1,250 from the previous week’s unrevised average of […]
5 Must-Watch Earnings Charts To End The Week
Video Length: 00:04:45 This is the first big week of earnings season and that means we’ll get a lot of big cap companies reporting, including several Dow components. While many continue with their hot streaks, with shares trading at or near new multi-year highs, there are others that have struggled over the past year. The […]
Facebook Stock Chart Above A Key Level
Let’s do a quick review of the Facebook (Nasdaq: FB) stock chart. After all that negative privacy news Facebook’s chart is peaking above a key support /resistance. Let’s look. You see in the chart below we drew a line of key support/resistance. That’s the level where Facebook either broke out, held or broke down. It’s […]
Individual Investor Whiplash
With all the volatility in the equity market lately, it is only natural that investors are having a hard time figuring out what to do. That confusion is clearly starting to show up in surveys of sentiment like the weekly AAII poll. In last week’s update on sentiment, we noted that the percentage of bullish investors had dropped […]
EUR/GBP U-Shaped Bottom Hints Potential Bullish Continuation
(Click on image to enlarge Source: Admiral Markets MT5 with MT5SE Add-on The EUR/GBP has broken through the descending trendline and we can see a potential for bullish continuation. Another cue is the U-shaped bottom that has been formed exactly at W L3 support. 0.8688-98 is the POC zone for potential bounces. Targets are 0.8739 and 0.8770. Only […]
Can Electrolux Elegance Breach Market Moats
Every New York stock exchange trading day I’m posting a daily dividend stock or fund review. I’ll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I’ve named the Safari to Sweet Success. This week my latest portfolio seeks a high-yield and growing stock […]
