Even with the recent price retrenchment, there’s not a lot of value circulating in this stock market. Everything’s already gone up and the capital gains have been great the last few years. But it’s still a slow-growth environment in the global economy, and despite a very accommodative monetary policy, stocks can’t go up for… Read More
There are a lot of stocks bouncing off their all-time record-highs and Union Pacific Corporation (UNP) is one of them.
Not surprisingly, the company just announced a two-for-one stock split with the stock dividend, effective June 6, 2014 to shareholders of record on May 27, 2014. The last time Union Pacific split its shares was in May … Read More
There is clearly some selling capitulation towards the technology and small-cap stocks at this time. Following the run-up in 2013, we are now seeing the selling action picking up towards the higher-beta stocks. The S&P 500 and DOW may be looking fine, but the growth-oriented NASDAQ and Russell 2000 are showing added stock marke… Read More
Among the many lessons to be learned by 2013’s stunning stock market performance, one is that dividend-paying blue chips can also experience significant capital gains.
Portfolio strategy can be based on blue chips, but it can also include companies with varied market capitalizations; mixing it up is always useful.
The thing wit… Read More
Last Thursday, the CEO of DIRECTV (NASDAQ/DTV) said “…we are pleased to announce a share repurchase program of $3.5 billion. This repurchase program reflects our strong balance sheet and confidence in continued strong DIRECTV revenue, earnings and free cash flow growth, as well as our belief that our stock is far below our intr… Read More
With the turmoil in global capital markets, the sell-off in stocks is serving as the consolidation/correction that we did not experience in 2013, which was an exceptionally strong year.
But stepping back from historical share price action, we have continued certainty regarding the Fed funds rate this year. The low interest rate en… Read More
This market has been due for a major correction for quite some time. The marketplace expected it (including myself), but what we got instead was share price consolidation with continued leadership from blue chips and small-caps.
Countless stock market indices are right close to their highs, including the S&P 500, Dow Jones Ind… Read More
The stock market typically reacts quite positively when a company beats Wall Street consensus. But in a considerable number of cases, a company’s share price after-earnings bounce isn’t really warranted, considering the run-up in anticipation.
Many stocks go up in value after beating expectations, but many numbers this qua… Read More
Well, it turns out that third-quarter earnings were pretty good for E. I. Du Pont de Nemours and Company (DD). The company surprised with solid volume growth and its cash balance soared.
DuPont recently broke out of a two-year-long stock market consolidation. Still yielding around three percent, this position is not expensively pr… Read More
Back in early August, I turned negative on the big banks and suggested that a bearish double-top was forming on the Bank Index chart. At that time, the Bank Index was trading at just over 65, as you can see on the chart below. (Read “Four Important Stock Charts Showing Warning Signs.”)
In early October, the Bank Index fell to around 61 … Read More