Tech Leadership Testing Key Breakout Test
Sep 10, 2018
Jeremy Parkinson
Finance
Since the 2009 lows, Semiconductor ETF (SMH) has gained nearly 50% more than the S&P 500 (see upper left chart). The rally off the 2009 lows has it testing the highs of 2000, as it is creating what looks like a narrowing pennant pattern since the 2018 highs in March. After hitting the highs 6-months […]
US Dollar Reacts At Resistance: ECB, BoE Highlight This Week
Sep 10, 2018
Jeremy Parkinson
Finance, No picture
FX TABLES SET FOR A BIG WEEK OF DATA It’s been somewhat of a slow open to September after an abnormally busy summer across FX; but with a fairly full economic docket for this week, the impasse may be soon giving way. The US Dollar has been in a state of flux since mid-August, with prior […]
10 Best Dividend Paying Stocks For The Enterprising Investor – September 2018
Sep 10, 2018
Jeremy Parkinson
Finance
There are a number of great companies in the market today. By using the ModernGraham Valuation Model, I’ve selected ten of the best dividend paying stocks for the Enterprising dividend stock investor. These companies have the highest dividend yields among the undervalued companies reviewed by ModernGraham which are suitable for Enterprising Investor according to the ModernGraham approach. Defensive Investors […]
Secular Trends In Employment: Goods Producing Versus Services Providing – Monday, Sept. 10
Sep 10, 2018
Jeremy Parkinson
Finance, No picture
The Department of Labor has monthly data on employment by industry categories reaching back to 1939. At the highest level, all jobs are categorized in either Service-Providing Industries or Goods Producing Industries. The adjacent chart illustrates the ratio of the two since 1939. The latest monthly employment report showed a gain of 201K nonfarm payrolls, […]
Forex Forecast And Cryptocurrencies Forecast For September 10-14
Sep 10, 2018
Jeremy Parkinson
Finance, No picture
First, a review of last week’s events: EUR/USD. As for the trends and their changes, the forecast given last week turned out to be absolutely accurate: starting from Tuesday, September 6, we saw the weakening of the dollar and the pair’s growth, and the strengthening of the dollar and the fall of the pair at […]
5 Business Services Stocks To Buy As Job Gains Soar
Sep 10, 2018
Jeremy Parkinson
Finance, No picture
In August, job additions exceeded expectations, indicating that economic expansion retained steam toward the end of summer. Though the unemployment rate remained unchanged at 3.9%, the big news from this Labor Department report was the spike in wage gains. This metric soared to its highest level since the end of the Great Recession. It wasn’t […]
Verizon Hikes Dividends For The 12th Consecutive Year
Sep 10, 2018
Jeremy Parkinson
Finance
Verizon Communications Inc. (VZ), through its subsidiaries, offers communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Verizon raised its quarterly dividend by 2.10% to 60.25 cents/share. This was the 12th consecutive year that Verizon’s Board has approved a quarterly dividend increase. As a result of the track record of […]
Why The Fed Denied The Narrow Bank
Sep 10, 2018
Jeremy Parkinson
Finance
It’s not every day that a clear example showing the horrors of central planning comes along—the doublethink, the distortions, and the perverse incentives. It’s not every year that such an example occurs for monetary central planning. One came to the national attention this week. A company called TNB applied for a Master Account with the […]
High Yield Dividend Champion Portfolio September Update
Sep 10, 2018
Jeremy Parkinson
Finance, No picture
The High Yield Dividend Champion Portfolio is a publicly tracked stock portfolio on Scott’s Investments. The goal is to capture quality high yield stocks with a history of raising dividends. The screening process for this portfolio originally started with the “Dividend Champions” as compiled by DRIP Investing. Sadly, the curator of the list at DRIP Investing, David Fish, recently […]
Stocks Face Three Potential Outcomes: Pretty Bad, Bad And Horrific
Sep 10, 2018
Jeremy Parkinson
Finance
Something has changed in the market. The momentum-driven rally that pushed stocks to new all-time highs completely floundered a few weeks ago. What should have been a monster breakout on massive buying power ended up being a feeble push to new highs before stocks promptly rolled over. More and more, that is looking like a false breakout. This opens […]