LinkedIn Says The Labor Market Is Strong
The chart below supports my point that the ADP private sector payrolls report was too negative on the labor market. As you can see in the chart below, the LinkedIn (LNKD) hiring rate in June is up 12.1% year over year as it remains at the highest level in the past 24 months. The past […]
FANG ETF Takes Performance Chasing To The Next Level
We’ve finally hit peak “FANG”. The acronym used to describe a handful of high growth stocks including Facebook (FB), Amazon (AMZN), Netflix (NFLX), and Google (GOOGL). It’s a way for market watchers and CNBC aficionados to easily reference these big winners without overtaxing their jaw muscles. All four of these household names have gained more […]
How Dividend Income Can Be Part Of A Strong Retirement Plan
The following is a guest blog post: Retirement planning is more than just your savings and your social security compensation; you must look at every asset you have and make it work in your favor to produce the most capital and create the most comfortable retirement life possible—especially as you reach your retirement years and […]
Week In Review: BGI Genomics Completes $81 Million Chi-Next IPO
Deals and Financings BGI Genomics, a Shenzhen sequencing and diagnostics company, completed an $81 million IPO Friday on Shenzhen’s Chi-Next exchange, offering 40.1 million shares at 13.64 RMB per share (see story). BGI surged in open market trading, rising 32% to an initial limit, where it was halted temporarily, and then climbing further to 19.64 RMB […]
So Market, Do You Think You Can Dance?
Percolating Hotrods, bouncing Lowriders, euphoric Crows, patient Dogs-all bits from last week’s Daily titles. Cars, crows and dogs converged on Friday to trip the light fantastic as the Dow, S&P 500 and the Transportation Sector made new all-time highs. DIA, SPY and IYT danced to every song the band played. A Santa Fe phenomenon that […]
Don’t Chase Yield: How To Value Great Dividend Growth Stocks
This is a guest post from Tom Vilord of Wall Street Value. If you have some cash to allocate into stocks, it is very difficult to find opportunities in this market. As I write this article (July 12, 2017), I received a CNBC text alert that the Dow just hit another record high. With such high […]
The Longer-Term Trend – Saturday, July 15
I’m still not sure what to think about the medium-term trend, but clearly the market is on a path that points higher as the weekly chart shows. The Long-Term Outlook This chart is a concern. The ECRI and the M2 growth rate have been ticking lower week after week. But then again, both have been […]
Global Markets End On A Positive Note
Global financial markets ended the week on a positive note with an upward boost from Brazil, Hong Kong and Indian share markets, which were up 5%, 4.1% and 2.1% respectively. While the US markets ended the week marginally lower by 0.2%, major European indices like German Dax and London’s FTSE 100 share markets also ended the week on a positive […]
Stocks And Precious Metals Charts – I Shall Not Want
“Teach me your way, Lord, that I may rely on your faithfulness; give me an undivided heart, that I may fear your name. I will praise you, Lord my God, with all my heart; I will glorify your name forever. For great is your love towards me; you have delivered me from the depths and […]
The Cyclicality Of Share Buy-Backs: Costco Edition
Currently looking through Costco (COST) – one of the finest companies I know. (We do not own a stake…) Anyway this is hardly a Costco specific comment – but here is a run of their buy-backs (after issuance/option exercise etc). Negative numbers are net repurchases Year Ended Cash from stock issuance ($million) 2016 -412 […]
