HYG is testings it’s 200-week moving average, but is still above the upwardly-sloping trend-line off the Q1 ’16 lows. With the 50 bp’s fed funds rate reduction by the Fed, high-yield credit is always worth watching. With the Fed … Continued
One odd fact no one has yet mentioned is how – for the 2nd month in a row – the SP 500 had a very rough last week of the month, taking a gain to a loss. It seems like … Continued
The week ended February 15th, 2020, saw the SP 500 earnings yield slip to 5.20%, which as was noted on this blog here, was worth watching. The recent multi-year high for the SP 500 earnings yield was 7% during Christmas … Continued
SP 500: +3.61% YTD as of Friday, February 21, 2020 Nasd 100: +8.31% Russell 1K: +3.91% In this article on January 13th, of this year, readers were shown the tendency for SP 500 estimate revisions to be more negative than … Continued
Don’t know the person that tweeted this, but the quote is supposedly from Stanley Druckenmiller, a well known and successful hedge-fund manager. No question there is some truth to this, as (I would think) liquidity creates opportunities for growth … Continued
While the sell decision is usually one of the more “opaque” and uncertain decisions a portfolio manager can make, (and I can see why some use technical analysis to make that decision for them), the other tough aspect to investing … Continued
These used to be the Top 10 names by market cap in the SP 500. Procter & Gamble and Visa have ascended to the Top 10, Bank of America and Exxon Have dropped out. Procter & Gamble is not in … Continued
The SP 500 earnings yield has retreated again down to close to 5% at 5.20%. This level is always worrisome. Here is the article from last December ’19 on the low SP 500 earnings yield. ————— SP 500 Earnings data … Continued
Doug McMillon has done a great job focusing on Walmart on the e-commerce threat and opportunity, but over the long run – regardless of how fiscal 2020 or the next few years turn out – Walmart is basically running to … Continued
When Cisco nearly hit $60 per share in July, 2019, the 19% EPS growth generated in fiscal 2019 by the networking giant was mostly buyback-supported. Between October ’18 and August 1, 2019 or the end of Cisco’s 2019 fiscal year, … Continued