Vector Group (VGR) is an anomaly. The company combined two of the strongest growing asset classes of all time to create an income producing machine: Real Estate & Tobacco. With a current cash dividend yield of 6.91%, an annual stock dividend yield of 5%, and an annualized return of 20.13% since 2005, Vector Group has…
The recent rout in commodities has not only hurt traders and miners like Glencore GLNCY and Anglo American AAUKF but it has also punished mining equipment manufacturers. Joy Global JOY is one such company. Joy Global manufactures and markets original equipment and parts, and performs services for underground and surface mining. Underground mining equipment is…
The U.S. stock market’s six-year Bull Run has continued for too long and runs the risk of high volatility in the near future. Though investors may begin to get comfortable, there is no denying the fact that the fourth quarter will likely experience certain macroeconomic headwinds that can aggravate later. A multitude of factors are…
Is this supposed to happen on the day the Fed’s rate hike is “boosting confidence in the economy” and telegraphs more gains for the dollar? Or perhaps these are just early hints that the world’s most crowded trade, being long the USD, is starting to crack?
Joe Friday saw an opportunity in hard hit Valeant Pharma (VRX) on Friday the 13th, which was 21 trading days ago. Boy did that end up being a lucky day, as VRX shot up 45%, following the post. Joe liked the following conditions in VRX; Momentum the most oversold since 2009, Volume was shooting way up (looked like…
The big question on everyone’s lips right now is whether or not we are going to see a rate hike from the Federal Reserve. Whether or not the Fed will raise interest rates tonight remains to be seen; however, there has been a fairly significant increase in payrolls according to a report released by the…
Hot stocks of the day: F, UN, TBT, SUNE Video length: 00:04:37
“Twas just nine days to Christmas, when all through the Fed there was not a worry in the economy, so they said. With Wall Street complacent and investors without a care, they all waited patiently for a rate hike, just a quarter point seems fair. Declines in Junk bonds, Transports, Imports, Exports…who cares. There is FaceBook,…
Talking Points: – EUR/USD threatens turn after yesterday’s outside key reversal. – JPY-crosses continue to look rather suspect. – Read why a Fed rate hike this week is unlikely to help the US Dollar and see how it fits with the December seasonality forecasts. “Currency Wars: The Fed Awakens” is set to hit theaters this afternoon. Well, maybe I have…
With a rate hike from the Federal Reserve almost certain today, investors will be focused on whether the Fed can deliver a gentle move so that markets are not spooked. Also, investors will be on the lookout for a promise that any subsequent changes in policy will be gradual. If the central bank fails to…
