Author Archive: Jeremy Parkinson
Durable Goods New Orders Improved In March 2017
The headlines say the durable goods new orders improved. The unadjusted three month rolling average also improved. Analyst Opinion of the Durable Goods Situation Defense aircraft was main driver this month. This series has wide swings monthly so our primary metric is the three month rolling average which marginally improved. The real issue here is […]
Hold Off On NCS Multistage Holdings’ IPO
NCS Multistage Holdings Inc. (Pending:NCSM) IPO NCS Multistage Holdings filed an S-1/A with the Securities and Exchange Commission for its upcoming initial public offering. The company intends to sell 9.5 million shares at a marketed price range of $15 to $18. It also has an additional 1.425M shares over-allotted as an option for its underwriters. Assuming it […]
Earn A 7.9% Yield From “Uncle Sam”
You almost never hear this business mentioned on CNBC, but it has quietly made a small group of people rich. Each year, the General Services and Administration Department dolls out $21.0 billion to keep the federal government humming. The biggest hole in their budget? Rent. While “Uncle Sam” might own a lot of property, he’s […]
E AUD/NZD Trading In Five Wave Of An Impulse
On the intraday chart of AUDNZD we see price trading in potential wave 5), meaning we can expect a corrective reversal to show up in the near-term. The current rise may stop around the first region of resistance around the 61.8 Fibonacci ratio, or if price continues strong then around the 100.0 Fibonacci projection target. […]
American Airlines Group Beats On Q1 Earnings
American Airlines Group (AAL – Free Report) came into existence following the Dec 2013 merger of AMR (American Airlines’ parent group) and US Airways. The Fort Worth, Texas based company serves customers with more than 6,700 daily flights in more than 50 nations across the globe. American Airlines Group has a healthy track record with respect to earnings. […]
Crude Oil Support Break Here Could Be Hard On Stocks
Below compares the price of Crude Oil and the NYSE Index over the past decade. Even though both of these assets don’t always correlate, sometimes they do, for good periods of time. Over the past couple of years, they have correlated and several lows and highs have taken place at the same time. If correlations […]
Under Armour Q1 Margins Fall Less Than Expected
Written by StockNews.com Under Armour Inc. (NYSE: UAA ) early Thursday posted a smaller than expected net loss for the first quarter and backed its full-year outlook.
April 2017 Initial Unemployment Claims Rolling Average Marginally Improves
The market expectations for weekly initial unemployment claims (from Bloomberg / Econoday) were 240 K to 245 K (consensus 243,000), and the Department of Labor reported 257,000 new claims. The more important (because of the volatility in the weekly reported claims and seasonality errors in adjusting the data) 4 week moving average moved from 242,750 […]
Demand And The Frac Sand Example
Most people who teach economics are on a continual lookout for current examples of supply and demand. Otherwise, you end up falling back on hypothetical goods like “widgets” and “leets” (which is “steel” spelled backward), at which point you can almost see the life and brightness fade out of the eyes of students. nice lively […]
E Small Cap Best And Worst – Thursday, April 27
The best small cap sector is technology. The top small cap industry is resorts & casinos. The average small cap score is 53.40 and over the past four weeks, the score has averaged 51.08. The average small cap stock in our universe is trading -23.51% below its 52 week high, 1.47% above its 200 dma, […]
