Category Archive: Finance, No picture
5 Low P/E Companies In The S&P 500 – August 2018
There are a number of great companies in the market today. By using the ModernGraham Valuation Model, I’ve selected some of the most undervalued companies of S&P 500. The ModernGraham model is based on the full teachings of Benjamin Graham. All of these companies are suitable for the Defensive Investor and/or the Enterprising Investor. Defensive Investors are […]
‘Mispriced’ Bonds Are Everywhere
The US yield curve isn’t the only one on the precipice. There are any number of them that are getting attention for all the wrong reasons. At least those rationalizations provided by mainstream Economists and the central bankers they parrot. As noted yesterday, the UST 2s10s is now the most requested data out of FRED. It’s not […]
Lululemon Soars On Blowout Same Store Sales Growth
(Video length 00:03:15) Brian Nagel, Oppenheimer analyst, discusses Lululemon’s strong earnings report. He has an “outperform” rating and $140 price target on the stock.
Ford’s Bonds Crushed On Moody’s Downgrade To One Notch Above Junk
Ford bonds are down 4% after being downgraded to one step above junk. Moody’s outlook is negative. Yesterday, the Detroit Free Press reported Ford Investment Rating Cut to One Notch Above Junk. The Moody’s analysis said it “reflects the erosion in the company’s global business position and the challenges it will face implementing its Fitness Redesign […]
Two Measures Of Inflation And Fed Policy – Thursday, August 30
Note: The charts below have been updated with the latest Personal Consumption Expenditures price index from the Bureau of Economic Analysis. The annualized rate of change is calculated to two decimal places for more precision in the side-by-side comparison with the Consumer Price Index. The BEA’s Core Personal Consumption Expenditures Chain-type Price Index for July, released this morning, […]
Consumer Confidence Hits 18-Year High: 3 Fund Picks
The measure of confidence that U.S. citizens vest in the domestic economy, also known as consumer confidence, rose in the month of August to its highest settlement in the last 18 years. Most of the surge has been attributed to strong employment prospects, high wages, and upbeat economic conditions. Notably, U.S. GDP logged its best […]
NZD/USD Outlook Mired By Failure To Break Channel Resistance
NEW ZEALAND DOLLAR TALKING POINTS NZD/USD pares the rebound from the 2018-low (0.6544) as business sentiment in New Zealand slips to a 10-year low, and the exchange rate may exhibit a more bearish behavior over the coming days as it continues to track the downward trend from earlier this year. NZD/USD OUTLOOK MIRED BY FAILURE TO […]
Trump To Move Ahead With Tariffs On $200 Billion In Chinese Goods As Early As Next Week
All week long, the market has been preoccupied with the hurried effort to strike a new trilateral trade deal to replace NAFTA, which the Trump administration is intent on renaming in order to dispense with what the President says is a “negative connotation” associated with the old acronym. There was real progress on that front […]
Visualizing GDP: An Inside Look At The Q2 Second Estimate – Thursday, August 30
The chart below is a way to visualize real GDP change since 2007. It uses a stacked column chart to segment the four major components of GDP with a dashed line overlay to show the sum of the four, which is real GDP itself. Here is the latest overview from the Bureau of Labor […]
EA Slides After ‘Battlefield V’ Delay, Guidance Cut
Shares of “big three” game publisher Electronic Arts (EA) were sliding after the video game giant cut its net bookings guidance for fiscal 2019, driven by the delay of the launch date for its upcoming World War 2 shooter “Battlefield V.” WHAT’S NEW: EA announced this morning that it moved the launch date for “Battlefield […]
