Author Archives: Darren Marchal

Cincinnati Financial: A High-Quality But Expensive Dividend King

The last financial crisis made many financial corporations cut their dividends, but Cincinnati Financial (CINF) managed to keep its dividend growth streak alive. The company has raised its payout for 57 years in a row, which makes the insurance company one of the Dividend Kings.  Cincinnati Financial’s dividend yield is substantially higher than that of…

US Dollar Grasps On To Gains As Pressure Continues To Build In Th

US EQUITY SLUMP CONTINUES The big item over the past 24 hours is another bearish move in US equities. Yesterday’s late-session sell-off reversed the entirety of Monday’s gains, and the sell-off ran all the way until the 76.4% Fibonacci retracement of the February-March move came into play around 2594. This was the same zone of prices that had helped…

February 2018 Pending Home Sales Seasonally Adjusted Index Improv

The National Association of Realtors (NAR) seasonally adjusted pending home sales index improved. Our analysis disagrees – and further pending home sales are in contraction year-over-year. The quote of the day from this NAR release: .. weakening affordability and not enough inventory on the market restricted overall activity compared to a year ago … Analyst Opinion of…

Early Withdrawal From Retirement Plans

If you are retiring before the “normal” retirement age of 59½ or older, or if you find yourself in need of money, you may need to make an early withdrawal from your retirement plan. An early withdrawal from your retirement plan is not without consequences – there will be taxes for sure, and quite possibly…

Pending Home Sales Bounce Back In February

This morning the National Association of Realtors released the February data for their Pending Home Sales Index. Here is an excerpt from the latest press release: Lawrence Yun, NAR chief economist, says the housing market has gotten off to an uneven start so far in 2018. “Contract signings rebounded in most areas in February, but…