Category Archive: Finance
So Market, Do You Think You Can Dance?
Percolating Hotrods, bouncing Lowriders, euphoric Crows, patient Dogs-all bits from last week’s Daily titles. Cars, crows and dogs converged on Friday to trip the light fantastic as the Dow, S&P 500 and the Transportation Sector made new all-time highs. DIA, SPY and IYT danced to every song the band played. A Santa Fe phenomenon that […]
Don’t Chase Yield: How To Value Great Dividend Growth Stocks
This is a guest post from Tom Vilord of Wall Street Value. If you have some cash to allocate into stocks, it is very difficult to find opportunities in this market. As I write this article (July 12, 2017), I received a CNBC text alert that the Dow just hit another record high. With such high […]
The Longer-Term Trend – Saturday, July 15
I’m still not sure what to think about the medium-term trend, but clearly the market is on a path that points higher as the weekly chart shows. The Long-Term Outlook This chart is a concern. The ECRI and the M2 growth rate have been ticking lower week after week. But then again, both have been […]
Global Markets End On A Positive Note
Global financial markets ended the week on a positive note with an upward boost from Brazil, Hong Kong and Indian share markets, which were up 5%, 4.1% and 2.1% respectively. While the US markets ended the week marginally lower by 0.2%, major European indices like German Dax and London’s FTSE 100 share markets also ended the week on a positive […]
Stocks And Precious Metals Charts – I Shall Not Want
“Teach me your way, Lord, that I may rely on your faithfulness; give me an undivided heart, that I may fear your name. I will praise you, Lord my God, with all my heart; I will glorify your name forever. For great is your love towards me; you have delivered me from the depths and […]
The Cyclicality Of Share Buy-Backs: Costco Edition
Currently looking through Costco (COST) – one of the finest companies I know. (We do not own a stake…) Anyway this is hardly a Costco specific comment – but here is a run of their buy-backs (after issuance/option exercise etc). Negative numbers are net repurchases Year Ended Cash from stock issuance ($million) 2016 -412 […]
The Administration Considers Raising Taxes
On imported steel, that is From Politico today: STEEL REPORT COULD COME NEXT WEEK: Commerce Secretary Wilbur Ross is expected as early as next week to give President Donald Trump a menu of options for restricting steel imports, senators said after a closed-door meeting with the Cabinet official Thursday afternoon. The avowed basis for these restrictions would […]
FV The Long-Term Outlook For Stocks – Saturday, July 15
Are Previous Signals Still In Place? Video Length – 00:21:45
Poor Data Close Another Window Of Opportunity For A Dollar Recovery
There were some technical indicators that suggested there was an opportunity for the US dollar to stage a recovery. However, the poor retail sales data and lack of upside surprise on CPI closed that window of opportunity and left the dollar vulnerable to losses to start the new week. Although June inflation and consumption data are unlikely to have […]
EC HH A Recipe For Disaster
Justice does not always get served in the stock market because financial markets are not always efficient in the short-run (see Black-Eyes to Classic Economists). However, over the long run, financial markets usually get it right. And when the laws of economics and physics are functioning properly, I must admit it, I do find it especially refreshing. […]
