Retirement Savings Deficits Will Balloon In Next Bear Market
May 02, 2018
Jeremy Parkinson
Finance
Retirement savings shortfalls are not a new problem, they have been visible on the horizon for at least the last 20 years. Willfully blind workers and savers have been misled by dishonest projections from financial sales firms and academics that have collected fees and refused to address the underlying problem of savings deficits. Lance Roberts […]
Apple Spent A Record $22.8BN On Buybacks In Q1, More Than Market Cap Of Most Companies
May 02, 2018
Jeremy Parkinson
Finance
Critics of President Trump’s tax reform plan said corporations would just use the massive piles of cash repatriated under the new tax law to buy back more stock. And, as it turns out, Apple has proven them right. During the first quarter, the iPhone maker bought back $23.5 billion of its shares, a record amount for […]
How To Find The Best Stocks For Value Investing
May 02, 2018
Jeremy Parkinson
Finance
Investors want to purchase stocks at a low price and sell them at a high price. This is what we have all heard from the first time we were exposed to the financial markets. The biggest issue facing investors is: ‘What is low and what is high?’ There are many schools of thought that attempt […]
Ride The FAANG Earnings Wave With These 5 Top-Ranked Picks
May 02, 2018
Jeremy Parkinson
Finance
Tech stocks recently faced a severe downturn, sparked off by Taiwan Semiconductor Manufacturing Company Ltd.’s (TSM – Free Report) weak financial outlook for the second quarter. Adding to investor concerns were persistent worries over weak demand for Apple Inc.’s (AAPL – Free Report) iPhones. In March, the data privacy scandal which hit Facebook, Inc. (FB – Free Report) triggered a broad […]
Chesapeake Posts Strong Q1 Earnings On Higher Output
May 02, 2018
Jeremy Parkinson
Finance
Chesapeake Energy Corporation (CHK – Free Report) reported strong first-quarter 2018 earnings, courtesy of higher oil equivalent production and price realizations. As a result, in the premarket trading, the stock gained more than 3%. Earnings per share (excluding special items) of 34 cents surpassed the Zacks Consensus Estimate of 25 cents and the year-ago 23 cents. Total revenues […]
Is The Stock Market Cheap? – Wednesday, May 2
May 02, 2018
Jeremy Parkinson
Finance
Here is the latest update of a popular market valuation method using the most recent Standard & Poor’s “as reported” earnings and earnings estimates and the index monthly average of daily closes for the past month. For the earnings, see the table below created from Standard & Poor’s latest earnings spreadsheet. TTM P/E ratio = […]
How A Weaker Yen Affects Japanese Exporters
May 02, 2018
Jeremy Parkinson
Finance
It is widely known that Japanese equities tend to have an inverse relationship to the performance of the yen. Namely: When the yen is appreciating, Japan’s stocks face a stiff headwind and tend not to deliver their strongest returns. When the yen is depreciating, Japan’s stocks tend to find themselves in a much more favorable […]
Energy ETFs Were, Well, Energetic In April
May 02, 2018
Jeremy Parkinson
Finance
If you look over the sector landscape for the best performance in April, energy ETFs should immediately stand out. The $17.4 billion Energy Select Sector SPDR (NYSE Arca: XLE) gained a not-too-shabby 11.7 percent last month but it was the outsized performance of three smaller energy portfolios that grabbed me by my lapels. Like STP, the famous gasoline […]
WTI/RBOB Extend Losses After Big Surprise Crude, Gasoline Build
May 02, 2018
Jeremy Parkinson
Finance
WTI/RBOB flatlined after last night’s bigger-than-expected crude build from API, but both has slipped lower since Europe opened ahead of the DOE data. Prices extended their losses after DOE confirmed a much bigger-than-expected crude build (+6.22mm vs +1.23mm exp) and surprise gasoline build. API Crude +3.427mm (+1.23mm exp) Cushing +725k Gasoline +1.602mm Distillates -4.083mm DOE Crude +6.218mm (+1.23mm exp) […]