Beware The Ides Of September
As made clear in my previous articles, I see nothing to indicate a bear market is imminent. But the number of trailing stops I have now placed in my family and client portfolios clearly shows my concern for the likelihood of a correction (not a new bear) in the ongoing bull. Bull markets don’t die […]
The Natural Gas Strip Tells All
The October natural gas contract may have closed just a percent higher on the day, but the signal the natural gas market provided as a whole was far stronger. On Friday afternoons we send out our Pre-Close Update which both forecasts the weather for the next few weeks that is expected to impact the natural […]
WSFS Financial Corporation Announces Execution Of $55.0 Million Senior Debt Call
WILMINGTON, Del., Sept. 01, 2017 (GLOBE NEWSWIRE) — WSFS Financial Corporation (Nasdaq:WSFS), the parent company of WSFS Bank, today announced that it has called $55.0 million of senior debt with a coupon rate of 6.25%. The debt was repaid using a portion of the proceeds from the June 2016 public offering of $100 million of […]
47 Firms Going Ex-Dividend Next Week, Including Coach, General Motors And FedEx
There are several well known large cap stocks going ex-dividend next week including the following three Top 100 Dividend Stocks: Mosaic Co., Coach and Travelers Co. Ex-dividend dates are important to dividend investors because one must own a stock on its ex-dividend date in order to be eligible to receive its next dividend. Any stock ranked by our team […]
Correlations In Commodity Markets
Commodities are so common and present in every facet of our life- starting from our food, passing throughour cars and ending with smart phones. You must understand commodities if you invest in stocks or bonds. You really cannot be a successful investor in other markets without understanding them. Investing in commodities can be a hedge […]
Hot Options Report For End Of Day – Friday, Sept. 1
The most active equity options and strikes for end of the day: BAC, AAPL, FB, KITE, VALE, NVDA.
Emerging Markets: What Has Changed – Friday, Sept. 1
(from my colleague Dr. Win Thin) India Prime Minister Modi has started a cabinet shuffle. Freeport McMorAn ceded control of the world’s second largest copper mine to the Indonesian government. Central Bank of Russia took over Bank Otkritie, once Russia’s largest private bank. Kenya’s top court nullified last month’s presidential election. Fitch cut Qatar’s rating […]
Floods, Nukes, & Pitiful Payrolls Spark Best Week For Stocks In 2017
Flood Schmud, Missiles Schmissiles, Jobs Schmobs… Gold gained the most after today’s dismal jobs data… After a crazy run the last few days into month-end, Nasdaq slipped notably lower after the pitiful payrolls print… All major indices closed lower post payrolls. Stocks gained on the day though, thanks to overnight pumping, with Trannies tumbling […]
August 2017: ECRI’s WLI Growth Index Rate Continues To Decline
ECRI’s WLI Growth Index which forecasts economic growth six months forward remains in positive territory for over one year. This is compared to RecessionAlerts similar weekly leading index. Analyst Opinion of the trends of the weekly leading indices Both ECRI’s and RecessionAlerts indices are indicating moderate growth six months from today. Both indices are […]
The Unparalleled Explosion In Cryptocurrencies
OVER 300 NEW COINS REACHED $1MM MARKET CAP IN 2017 After the massive Bitcoin price surge in November 2013, the popularity of launching new cryptocurrencies took off along with it. In fact, if you go back at historical snapshots around that time, you’ll see that there were literally hundreds of new coins available to mine […]
