Category Archive: Finance, No picture
Energy ETF (FXN) Hits New 52-Week High
For investors seeking momentum, First Trust Energy AlphaDEX Fund FXN is probably on their radar now. The fund just hit a 52-week high, and is up more than 42% from its 52-week low price of $12.83/share. But are more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook on […]
Einhorn’s Greenlight Exits Apple, Buys Altice USA And BT Group
David Einhorn’s Greenlight Capital sold the last of its Apple (AAPL) long position on August 31 at a price of $228 per share, the firm announced in its quarterly letter sent to investors, a copy of which was obtained by The Fly. Greenlight says its “differentiated thesis” from 2011 on Apple has now “become consensus” […]
What Are Seth Klarman’s Plans For Viasat Inc?
Seth Klarman’s Baupost controls more than 23% of Viasat Inc (Nasdaq:VSAT)’s outstanding shares. Baupost has been a decade-long investor in this sleepy stock. Viasat Inc’s shares trade pretty much at the same price they were trading five years ago. This week Seth Klarman filed a 13D and disclosed the following: “Baupost has been granted observer rights […]
U.S. Construction Spending Remains Upbeat: 3 Fund Choices
The U.S. Commerce Department reported on Oct 1 that domestic construction spending picked up in the month of August. Such an increase was achieved on the back of higher government spending, which touched its highest level since 2009. Further, a steady increase in expenditure on new federal, state and local construction projects made up for […]
Y-o-Y Employment Is Up An Average Of 136K Per Month, Jobs 211,000 Per Month
Year over year employment is up an average of 136,000 per month. Jobs are up an average of 211,000 a month. Employment, a household survey measure, is more volatile than jobs, an establishment survey measure. The divergence is large even though the trends look alike. Jobs vs. Employment Level The trends are in the […]
Upcoming Earnings To Watch: WBA, DAL, JPM
Brace yourselves, earnings season is coming. But unlike in Game of Thrones, where the ever-present threat of winter is an ominous warning of hard times to come, Q3 report season could be exactly what Wall Street needs in order to buck a handful of headwinds keeping stocks at bay. It might seem somewhat silly to worry […]
Dividend Income September 2018
Another month has passed and it is already October, so it is time for one of my favorite monthly posts, the dividend income update September. Well, it was another good month for my dividend income and I again managed it to improve my income compared to the year before. The ninth month of 2018 was […]
Pre-October USDA Crop Report
Market Analysis After above-normal temperatures advanced the maturity of the 2018 corn and soybeans crops this past season, current excessive rains are threatening parts of the western Midwest for the second time this crop year. Early season yields from the ECB have been generally good to excellent for both corn and soybeans, but a more […]
