Is this it? Is the bull market finished and the good times over? Well, they could very well be. We are looking at a world which is rotten to the core, a world which is built on debt which will never be repaid. And a debt which is artificially supporting $100s of trillions of assets…
15 new stocks make our Safest Dividend Yield Model Portfolio this month. Recap from February’s Picks The Model Portfolio rose 0.1% on a price return basis and rose 0.4% on a total return basis. The S&P 500 rose 0.1% on a price return basis and 0.5% on a total return basis. The best-performing stocks in the portfolio…
Hurricanes continue to impact claims taking procedures in the Virgin Islands and Puerto Rico. The market expectations for weekly initial unemployment claims (from Bloomberg/Econoday) were 220 K to 230 K (consensus 228,000), and the Department of Labor reported 215,000 new claims. The more important (because of the volatility in the weekly reported claims and seasonality errors…
JPMorgan analyst Stephen Tusa points out that Warren Buffett’s past involvement in General Electric (GE) has ended up being wrong from a “stock and valuation perspective.” Following this week’s speculation of a potential Buffett stake, Tusa expresses greater conviction in his Underweight rating on GE with an $11 price target. The analyst wonders why,…
Since the lows in 2009 the S&P has gained around 250%. During the same time frame, Semiconductors (SMH) has gained nearly 520%. The chart above looks at SMH since inception and highlights bearish reversal patterns (Bearish Wicks). These types of patterns often take place at important highs. As you can see each time SMH created a monthly reversal…
Down 1,000 points isn’t so bad. Well, it’s bad if we consider that we were up 2,000 in January (26,600) so down 3,000 since then is 11.3% but let’s say we claw back to 24,000 this morning – that would be down almost exactly 10% and you don’t want the -10% line to act as resistance on…
The main U.S. stock market indexes were mixed between -0.9% and -0.0% on Wednesday, as investors hesitated following Tuesday’s sell-off. The sentiment remained pretty bearish despite some better-than-expected economic data releases. The S&P 500 index fluctuated along the level of 2,600. It is currently 9.4% below January 26 record high of 2,872.87. The Dow Jones Industrial…
The BEA’s Personal Income and Outlays report for February was published this morning by the Bureau of Economic Analysis. The latest Headline PCE price index was up 0.19% month-over-month (MoM) and is up 1.75% year-over-year (YoY). The latest Core PCE index (less Food and Energy) came in at 0.23% MoM and 1.60% YoY. Core PCE remains below…
Energy stocks are likely a Buy, just not Yet. The sector has potential, and for the best returns, investors will need to score the best entry. Our article today will be an update for our readers on energy stocks and price levels with potential to represent a possible entry. Are Energy Stocks a Buy according…
Just when investors thought trade war tantrums were ebbing… Despite warnings overnight from Beijing that US should “not open Pandora’s box” with regard trade tariffs, US Commerce Secretary Wilbur Ross confirmed on Bloomberg TV this morning that President Trump will announce sweeping China tariffs, aimed at countering IP theft, shortly. The US “is not strong-arming” China, Ross…
