Perhaps the only chart more troubling than JNJ’s stock price in 2015, which after starting the year around $105/share has since tumbled to a low of $91, before rebounding modestly to $95, was the chart of its stock buybacks, shown below. We leave readers to pull it up on their own, but this chart…
We have been following the progress of USD and Euro for macro purposes and for management of certain global asset markets (like Europe, commodities, etc.). For example, commodities have gotten a bounce lately as the USD slipped from iffy to precarious in its daily technical state (as the supposed Fed policy “decisions” behind it continue…
Initial Projection Reached (Short-Term Top Expected ) Market Overview A strong up-thrust from 1872 took SPX all the way to the previous top of 2020, where it is at least likely to consolidate. There are several good technical reasons for that! First, it met a projection to 2016-2022 which originated from the base built between…
The recent trends in the global capital markets are reversing today. Although the price action yesterday warned of the risk, there have been five fundamental developments that are contributing to the price action today. First was China’s September trade figures. The balance was little changed at $60.34 bln 9$60.24 bln in August). The consensus had forecast…
With prospects of a Fed interest rate hike fading any time soon, the U.S. dollar remained sluggish Tuesday, hovering at three-week lows against most other currencies. The dollar index DXY which tracks the U.S. currency against a basket of six major currencies, moved slightly higher in early Asian trade to 94.893, but remained close to…
Look at US, Eurozone, Japan, Emerging Markets, United Kingdom, Asia Pacific ex Japan, Switzerland, China. China and Emerging Markets most attractive from a PEG perspective (if you believe the forward estimates, and can stomach to volatility) AsiaPacific ex Japan has by far the highest yield, but is very heavily concentrated in commodity sensitive Australia Technical…
The EUR/USD pair remains on the bids as the latest China trade data reinforced risk-aversion across the financial markets with the Asian equities accelerating losses and thus supporting the demand for the safe-haven in the euro. However, the gains are restricted in the major as markets now await the ZEW figures from Germany and the…
The latest weaker-than-expected ISM numbers and lower job additions make a rate hike look like a far-away event. This brings some near-term security for REIT investors. Is the Economic Slowdown a Blessing for REITs? Obviously not. If economic activities slow down, the fortunes of this special hybrid asset class would suffer as well. In fact,…
Back in March of this year I wrote an article titled, “There’s A New DivHut In Town,” announcing the birth of my first child and how I wanted to set up an account in his name and begin a dividend growth portfolio starting at age zero. Talk about having compounding time under your belt. The…
EUR/USD Signal Update Yesterday’s signals were not triggered and expired. Today’s EUR/USD Signals Risk 0.75% Trades must be made before 5pm London time only. Long Trade 1 Long entry following a bullish price action reversal on the H1 time frame immediately upon the next touch of the supportive trend line currently sitting at around 1.1340. Put…
