Category Archive: Finance, No picture
ETF Flows Suggest Bulls See Room To Run Despite Lofty Valuations
In a week where US household wealth gapped up to $123 trillion, investors continued to pour money into exchange-traded funds that track US indices. The three main markets shrugged off trade war fears and pressed higher, with the exception of the Nasdaq. Still, demand for the tech-heavy index was similarly robust. The chart above contains the aggregate […]
ETFs To Tap Amazon’s Growth And Expansion Story
Amazon (AMZN – Free Report) has gained nearly 64% year to date in comparison with the S&P 500, which has gained 8.8%. On Sep 4, it became the second company to reach the trillion-dollar feat after Apple (AAPL). Amazon has miles to go with the recent developments taking place. Plan of Opening 3000 Cashierless Stores by 2021 […]
Weekly Market Digest: Reshuffling Occurs Within Sector And Industry Classifications
It was an action-packed week. Both the DJIA and the S&P 500 overcame trade war escalation to hit all-time highs, treasury yields spiked, S&P sector reclassification arrived, and the Cleveland Browns finally unlocked their Bud Light victory fridges. Friday’s much anticipated trading session featured both quadruple witching (where index and stock futures and options expire) […]
Micron Beats But The Shares Sink
Micron Technologies (MU) reported fiscal fourth quarter results on Thursday after the markets closed and initially appeared to deliver an excellent quarter. MU posted net earnings of $3.53/share versus the Zacks Consensus Estimate of $3.32 and revenues of $8.44B – a 38% increase over Q4 2017. Full fiscal year results showed revenues up 50% and operating cash […]
Weekly Wrap: Market Isn’t Likely To Run Out Of Runway Anytime Soon Home
Markets continue a slow slog higher as investors seem to agree with Jamie Dimon of J.P Morgan Chase (JPM) that this is “a skirmish and not a trade war.” Time will tell. While major US indices are making new all-time highs, the international picture is much weaker this year as are some of the US […]
Fixed-Income Opportunity Of The Week
Each Friday, I explore opportunities in the fixed income space. Today, I’m going with my favorite strategy of buying discounted but money good corporate bonds. On tap is L Brands (LB). LB is the company behind the infamous Victoria’s Secret brand as well as Bath and Body Works. The company gushes free cash flow but […]
