Stocks Going Ex Dividend The First Week Of May
Here is our latest update on the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only […]
EUR: Dip Buying Is The Way To Go – Two Opinions
The euro is on a roll following the French elections and hopes for a more upbeat ECB tomorrow. What does this mean? Here are two banks suggesting buying dips in EUR/USD and EUR/JPY: Here is their view, courtesy of eFXnews: EUR: Investors Shifting To A Buy-The-Dip Strategy: Levels & Targets – ING ING FX Strategy Research […]
Why CSI Compressco LP’s 50% Distribution Cut Didn’t Have To Be A Surprise
CSI Compressco LP (CCLP) surprised many income investors last week when it announced a 50% cut to its distribution, sending its stock price tumbling by nearly 20%. The company has been in business for more than 45 years and paid steady dividends until 2016, adding to the surprise and disappointment. However, CSI Compressco was sending off a number […]
U.S. Steel Plunges 19% On Q1 Earnings, Revenue Miss
United States Steel Corp. (X – Free Report) released its first quarter fiscal 2017 financial results, posting earnings of a loss of 83 cents per share and revenues of $2.73. billion. Currently, X is a Zacks Rank #1 (Strong Buy), and is down 19.45% to $25.06 per share in trading shortly after its earnings report was released. […]
Sensex Crosses 30,000-Mark; Wipro Gains 3.3% On Q4 Results
Asian equity markets are higher today as Chinese and Hong Kong shares show gains. The Shanghai Composite is up 0.34%, while the Hang Seng is up 0.61%. The Nikkei 225 is trading higher by 0.79%. US equities rose sharply on Tuesday as solid quarterly reports from several large-cap companies rolled through. Meanwhile, share markets in India have opened the day on a […]
Mish Monthly Macro Video April 2017
Once a month I get together with Gordon Long for a videocast of the month’s hot news topics. This month we discussed the French election, Target2, and European politics. Video Length – 00:17:09
The Housing Bubble Is Back
Last week I ran into a friend whom I’d been worrying about. He’s a real estate appraiser and his work had been drying up as interest rates rose and homeowners stopped refinancing their mortgages. But now he’s back to being happily swamped because instead of refinancing, everyone is buying — often, he says, for above the asking […]
Oh Canada
Podcast: Play in new window | Play in new window (Duration: 13:15 — 7.6MB) DOW + 232 = 20,996 SPX + 14 = 2388 NAS + 41 = 6,025 RUT + 13 = 1411 10 Y + .05 = 2.33% OIL + .13 = 49.36 GOLD – 12.00 = 1265.00 This has been a very strong start to the […]
Panera Bread Posts Q1 Earnings Miss, Revenue Beat
Panera Bread Co. (PNRA – Free Report) released its financial results for first quarter of 2017, posting earnings of $1.83 earnings per share and revenues of $727.6 million. Currently, Panera is a Zacks Rank #3 (Hold) and is down 0.11% to $313.72 per share in trading shortly after its earnings report was released. Missed earnings estimates. The […]
Biotechs Running Again: Life Science Stocks
XBI up 19.2% YTD Q1 Earnings Can Pivot Sector: Biogen Up Today on Earnings and Revenue Beat Biotechs are running again taking the cue from Nasdaq which is up 3.44% in April after a brief mid-month sell-off. Biotech stocks rallied from global macro concerns which has dampened investor enthusiasm over the past two months. Political risks overwhelmed sentiment last […]
