There was no doubt as to the nature of Friday’s action. A weak, end-of-week close adds to the negative tone, suggesting the damage is more long term. However, not all indices are in true bearish mode. The S&P is stuck inside its range, and won’t be challenging range lows until 2,045 comes into play. The…
A stock dividend, also known as a “scrip dividend,” is a dividend payment made with stock instead of cash. Sometimes when companies are tight on cash, they will declare and pay a stock dividend in lieu of a cash dividend. Most shareholders feel like they are getting something. But are they really? In short, a…
According to a report from Bloomberg, Square Inc., the mobile-payment company filed confidentially for an initial public offering. The company was founded and is currently led by Twitter Inc.’s (TWTR- Analyst Report) interim Chief Executive Officer Jack Dorsey. The move comes as PayPal, one of Square’s primary rivals, is performing very well in the markets after its split from eBay. This news…
According to a report from Bloomberg, Square Inc., the mobile-payment company filed confidentially for an initial public offering. The company was founded and is currently led by Twitter Inc.’s (TWTR- Analyst Report) interim Chief Executive Officer Jack Dorsey. The move comes as PayPal, one of Square’s primary rivals, is performing very well in the markets after its split from eBay. This news…
Earlier in the month I wrote that people on Twitter finance were turning from bullish to neutral. Now I’m starting to see a rise in bearish sentiment the likes of which we haven’t seen since late 2012. The most prominent sign comes from breadth calculated between the most bullish stocks and the most bearish stocks on…
On Friday, we brought you the shocking story of the rebellion that never was in Greece. According to FT, Former Greek Energy Minister and maverick among mavericks Panayotis Lafazanis convened a “secret” meeting at the Oscar Hotel in Athens on July 14 at which he attempted to convince Syriza hardliners (including, in FT’s words, “supporters of the…
Despite his enormous wealth from real estate and other deals Donald Trump may not be the best example for all investors to follow in terms of portfolio selection. With his recently released Public Disclosure Report (required of the Presidential candidates) we get a peek into “The Donald’s” stock portfolio, and it’s not pretty. Donald Trump, the Presidential…
The flood of Q2 earnings announcements continues this week, with almost one thousand companies reporting results, including 165 S&P 500 members. By the end of this week, we will have seen Q2 results from 70% of the index’s total membership. But with results from more than half of the index’s total market capitalization already out,…
Get ready for interest rate normalization to shape central bank balance sheets to more traditional levels, achieving mean reversion after a significant trend of magnitude towards accommodation that has been historic in nature. Goldman Sachs Group Inc (NYSE:GS) analysis didn’t use the exact words, but they did note with this new “neutral” central bank balance sheets…
Photo Credit: Pictures of Money The School of Money Most books dealing with money tend to be too advanced for average people. If you’ve read me long enough, you know that I am pretty conservative with my finances. That conservatism has generally worked well for me, my family, and the church that I…
