4 Impressive Liquid Stocks For A Winning Portfolio
Liquidity indicates a company’s capability of meeting debt obligations by converting assets into cash and equivalents. Companies with a favorable liquidity position have always been in demand as these are believed to have the potential to boost portfolio returns. However, one should be cautious before investing in liquid stocks. While a high liquidity level may […]
HealthEquity – Continued Double-Digit Revenue Growth
Introduction: I’ve written a handful of articles highlighting HealthEquity (HQY) in 2017 as a great growth play in the rapidly growing Health Savings Accounts (HSAs) space. HealthEquity just reported beats on both the top and bottom line, beating revenue and EPS estimates by $1.39 million and $0.04, respectively. It’s noteworthy to point out that revenue […]
WTI/RBOB Extend Losses After Smaller Crude Draw; Production Plunged
Both WTI/RBOB are fading into this morning’s data after API’s massive crude draw print. DOE disappointed with a mere 4.95mm draw (vs 11.2mm draw from API) as gasoline inventories built for the 9th week in a row. However, production plunged almost 3%. Bloomberg Intelligence Senior Energy Analyst Vince Piazza noted that U.S. oil inventories typically build this time of year, but […]
China And US Treasuries
As the US Treasury market was consolidating yesterday’s 7.5 basis point jump in 10-year yields when Bloomberg’s headline hit. The claim was that Chinese officials are “wary of Treasuries”. Yields rose quickly to test 2.60% and the dollar moved lower. It is difficult to determine the significance of the claim as the Bloomberg story does […]
Utilities In Danger Of Breaking 9-Year Support Line
Utilities ETF XLU has had a rough go of it the past two months! Below compares XLU to the S&P 500 over the past year: Sometimes Utilities are viewed as interest-sensitive assets. XLU was keeping pace with the S&P over the past year (sometimes ahead) until mid-November last year, where they started heading south, backing off nearly […]
11 Consecutive Years Of Lowering P/E Ratios … And Counting
Most of our discussions these days start with some level of concern—odd with U.S. equity markets at or near record highs. Yet, because U.S. equities have done so well and the perceived risk within them has been so low, there is a feeling that this party simply cannot go on forever. We Focus on What […]
Gundlach Vs Gross: Here’s How A Bond Bear Market Starts
As a former bond guy, something Marc Chandler wrote a couple of days ago caught my eye. “For the past two years, the central banks have bought all the new government bonds issued by the G10. This year, they will buy around 40%. The private sector will make up the financing gap.” I think this change in monetary […]
You Don’t See This Very Often
It’s been a rough week for Bitcoin and a lot of other crypto-currencies in the last three days. Bitcoin’s price is down for a third straight day, during which period it has declined over 17%. What’s really amazing about the declines in bitcoin from its high back in mid-December, is that even though it is down […]
EC The 2018 Decline In Precious Metals
The precious metals sector moved higher in the first days of this year, but based on yesterday’s decline and the current price levels, 2018 is already a down year for silver and mining stocks. Gold is almost flat. This is a subtle clue that the rally may have already ran its course. The confirmation comes […]
Best Buy In Great Shape For Higher Prices
Best Buy has had a solid performance since just after Thanksgiving. Note the surge in volume as the stock took a tumble just before that holiday in what seemed a capitulation moment. Since then the stock has been on a tear. The indicators continue to reflect price strength and buyers lining up. The recent morningstar […]
