Category Archive: Finance, No picture
Three Dividend Stocks Rewarding Shareholders With A Raise
As part of my monitoring process I review the list of dividend increases every week. Every month, I also review and update the list of dividend champions. This process helps me follow the developments in companies I own. It also helps me identify companies for further research. I use the following logic to narrow the list […]
Soybeans Pile Up, So Do Worries Of Bean Rot
There was a record soybean crop this year just as China stopped buying. The beans are piling up. So are fears of rot. The New York Times reports Farmers Hope Trade War Ends Before Beans Rot. Kevin Karel, the general manager of the Arthur Companies, which has long sold soybeans to China. With that market now […]
ISM Non-Manufacturing: Slower Growth In October
The Institute of Supply Management (ISM) has now released the October Non-Manufacturing Purchasing Managers’ Index (PMI), also known as the ISM Services PMI. The headline Composite Index is at 60.3 percent, down 1.3 from 61.6 last month. Today’s number came in above the Investing.com forecast of 59.3 percent. Here is the report summary: “The NMI® registered 60.3 percent, […]
Big China Change(s): We Are All Losers In The End
Since December 2015, China’s powerful politburo has met nine times to discuss the economy. The Political Bureau of the Chinese Communist Party Central Committee is a group of 25 top officials who control pretty much everything. The politburo’s smaller Standing Committee is the very top echelon of the Communist Party. Members of the politburo are […]
Fed Rate Hikes – 3 More Expected By December 2019
Fed Rate Hikes – Mixed Action On Friday Before delving into Fed rate hikes, let’s review Friday’s market action. With all the volatility in the past few weeks, it appears investors aren’t focused on the midterm elections. At worst, I think the election won’t affect stocks. At best, it will inspire a big rally. Stocks […]
Wizard’s First Rule
Terry Goodkind wrote an epic fantasy series. The first book in the series is entitled Wizard’s First Rule. We recommend the book highly if you’re into that sort of thing. However, for purposes of this essay, the important part is the rule itself: “Wizard’s First Rule: people are stupid.” “People are stupid; given proper motivation, almost […]
Elliott Wave Analysis: Crypto Update
On the 4h chart, Bitcoin bounced sharply higher, but we assume it’s still a part of a correction, so we would not fall in love with bulls just yet, while price keeps trading below 7400 level. That said, we should be aware of more complex and sideways price action within a bearish triangle or within […]
Market Valuation, Inflation And Treasury Yields: Clues From The Past – Monday, Nov. 5
Note: The charts in this commentary have been updated to include the latest monthly data. Our monthly market valuation updates have long had the same conclusion: US stock indexes are significantly overvalued, which suggests cautious expectations on investment returns. In a “normal” market environment — one with conventional business cycles, Federal Reserve policy, interest rates and inflation — […]
Oil Prices Risk Larger Rebound As RSI Recovers From Oversold Territory
OIL TALKING POINTS Crude appears to be catching a bid as the United States restores sanctions on Iran, and recent price action raises the risk for a larger rebound as the Relative Strength Index (RSI) appears to be bouncing back from oversold territory. OIL PRICES RISK LARGER REBOUND AS RSI RECOVERS FROM OVERSOLD TERRITORY In […]
E S&P 500 Stopping For A Correction
S&P500 is reversing higher in a very strong and impulsive manner from the lows, so it appears that wave 4 can be deeper and more complex as we see current rise still as wave A) that belongs to a three-wave recovery so more upside should be coming after wave B) pullback. Short-term support is at […]
