D R Horton – Chart Of The Day
The Chart of the Day belongs to D R Horton (DHI). I found the home builder stock by using Barchart to sort today’s 52 Week High list first by the most frequent number of new highs in the last month, then used the Flipchart feature to review the charts for consistent price appreciation.Since the Trend Spotter signaled a buy on 9/12 […]
Chart Of The Week; Deconstructing And Applying BRL
Last week’s Chart of the Week kicks off this week’s, though it will have to wait for a series of explanations to get us from that one to this. A week ago, we noted the growing divergence between leveraged loan prices and WTI, two risk indicators that used to be pretty well correlated for obvious reasons. The […]
Standby For The Coming Golden Age Of Investment
I believe that the global economy is setting up for a new Golden Age reminiscent of the one the United States enjoyed during the 1950’s, and which I still remember fondly. This is not some pie in the sky prediction. It simply assumes a continuation of existing trends in demographics, technology, politics, and economics. The implications […]
Here We Go Again: No Down Payment, No Problem!
Flagstar Bank in Michigan will “gift” down payments to low-income borrowers to buy a house. What can possibly go wrong? Housing Wire reports Flagstar rolls out zero-down mortgage with closing cost aid for low-income borrowers. Flagstar Bank is targeting low- to moderate-income borrowers with a mortgage offer that’s seemingly too good to be true. The […]
EC Introduction To Candlestick Charts
What do modern stock market analysts and 17th century Japanese rice traders have in common? A little more than you may think. In fact, both have been known to be fond of a very particular charting technique to describe trading sessions. Today, we call this style of stock chart a candlestick chart, and it is […]
Buy 4 Media Stocks As FCC Relaxes Media Ownership Rules
Yesterday, in a landmark 3-2 vote, the Federal Communications Commission (FCC) approved a sweeping rollback of rules that were stumbling blocks to consolidation in the media and entertainment industry. FCC’s new proposals will bring an end to several longstanding rules designed to limit the monopoly of local broadcasters. U.S. media accounts for a staggering one […]
This Chart Shows Us More Volatility Is Coming
As the Federal Reserve is set to see a new leader, the one area all eyes will continue to watch is the diversion between the S&P 500 and rates on U.S. Treasuries, specifically the 10-year. The two, historically, have moved in tandem, meaning as the S&P 500 rose, so did the yield for the 10-year Treasury. And when […]
When Does This All End – Update 2
The US 10 year yield is at 2.34% and compared to utility dividend stocks: American Water Works (Dow Jones Utility: AWK) dividend of 1.87%. NiSource (Dow Jones Utility: NI) dividend of 2.58% and American Electric Power (Dow Jones Utility: AEP) dividend of 3.25%, the question is, which asset class do you trust to provide a return for 10 […]
