On Dec. 11, 2015, we issued an updated research report on Torchmark Corporation (TMK – Analyst Report). Torchmark’s focus on niche markets, steady capital deployment and strong operational growth are expected to drive long-term prospects. Currently, expected long-term growth is pegged at 7.2%. The company’s inorganic growth also remains impressive. Acquiring Family Heritage Life Insurance Company is estimated to improve…
The Russell 2000 took a big hit on Friday, generating a loss of over 2% as the index stayed within the 85% percentile of weak prices going back to 1987. This is a five month stretch of underperformance for this index and is an opportunity for buy-and-holders to accumulate Small Cap shares. From a trade…
I am typing this hours before GLOBEX opens on Sunday, so I continue to have no clue what kind of follow-through (if any) will exist from Friday’s selling. My dumb guess for this week (or hope, at least) is to wrap up the selling Monday/Tuesday, get the Fed announcement, rally firmly until the year is almost over, and…
December is without doubt the most profitable trading period for retailers in the year. In the days of old, families would flock to their favourite department stores in search of the hottest new products, but times they are a changing. Nowadays, the old school contingent of traditional shoppers is a dying breed. An increasing number…
In the top news headlines: Kinder Morgan, Freeport McMoran, Anglo-American cut dividends Climate deal reached in Paris. Not legally enforceable, all voluntary, no one cares. Dow, Dupont agree to merge, divest and keep Wall Street employed. Junk bond fund halts redemptions. Economic News China loosens Yuan peg to the dollar. Oil hits new lows. Jobless…
With gold taking back more than half of its losses to close slightly higher the past week, gold faces recovery risk with eyes on 1088 level in the new week (see daily chart). This view remains valid as long as it holds and trades above its key support zone at 1046/52 zone. On the downside,…
CFD trading, otherwise known as contract for difference trading is the process of taking a position the value of a contract that mirrors the value of a stock or commodity. People have been trading CFDs for the past 15 years and it continues to increase in popularity. The development of high speed internet has allowed…
This week we’ll begin with our monthly and weekly forecasts of the currency pairs worth watching. The first part of our forecast is based upon our research of the past 11 years of Forex prices, which show that the following methodologies have all produced profitable results: Trading the two currencies that are trending the most strongly over the…
Energy builds up in a ‘Wyckoff Cause’, like a weight building up on one end of the seesaw, then the balance moves and we have the resulting swing and effect. Wyckoff: The Law of Cause and Effect In order for there to be an effect (change in price), there needs to be a cause….
It is hard to believe the holiday season is already upon us and the New Year is right around the corner. It has been a tough year for investors even as the major indices are largely flat for the year. The only exception has been the NASDAQ which has posted returns in the high single…
