Similar to the trading action in the first half of last year, the stock market seemingly continues with its identity crisis. While it’s perfectly reasonable for stocks to sell off on any inkling of a change in monetary policy, what’s interesting about the market bounce-backs is that they’re often led by blue chips.
We saw this last week with the market sell-off after the unemployment numbers. The rebound was with… Read More
There is plenty of price strength in this bull market. It’s still coming from transportation stocks and dividend-paying blue chips.
There’s also been continued price strength among home improvement retailers. Lowes Companies, Inc. (LOW) recently soared on the stock market after beating Wall Street consensus with its latest earnings report. The stock has been on a tear over the last couple of years, just like The Home Depot, Inc. (HD)…. Read More
Lots of corporate earnings are still streaming in for the third quarter, though mostly among smaller-cap companies. Top-line growth certainly isn’t robust, but it’s not bad either. The surprise I’ve noticed in third-quarter reporting has been the profitability. There has been plenty of double-digit comparable earnings growth on single-digit sales reported.
One micro-cap company that just reported a solid quarterly performance is Blount International, Inc. (BLT).
This Portland, Oregon-based company… Read More
In terms of stock market direction, the Dow Jones Transportation Average recently pushed through to another new record-high. The index retrenched along with the broader market in early October, but it fought back hard to just over 8,800.
Within the index, countless stocks have been doing well. Alaska Air Group, Inc. (ALK) slumped to $42.00 in the lead-up to its earnings report. Now, it’s almost $55.00 a share after reporting… Read More
It looks like large-cap technology stocks, especially those related to online businesses, are experiencing a slowing down of what’s traditionally been some very solid growth.
Amazon.com, Inc. (AMZN), Netflix, Inc. (NFLX), LinkedIn Corporation (LNKD), and Groupon, Inc. (GRPN) have all been under pressure.
Many pure-play online businesses are still struggling to turn a profit, and investor sentiment towards these stocks has changed.
Yet in this marketplace, dividend-paying blue chips continue… Read More
My favorite pharmaceutical company for long-term investors is still Johnson & Johnson (JNJ), for now.
This business has managed to produce very good financial growth in recent history and its share price has appreciated exceptionally well considering this is a DOW stock, especially over the last two years.
Large-cap companies can’t avoid the business cycle and they can’t avoid industry-specific trends. For pharmaceuticals in particular, the drug development cycle can… Read More
Despite the choppy trading action before the end of the third quarter, a lot of the market’s best stocks are still ticking higher. And the positive trading action remains especially prevalent with large-caps and dividend-paying blue chips.
Big investors want earnings reliability and dividend income in a slow-growth environment. It’s a trend that began with the stock market’s breakout at the beginning of 2013 and it still has legs right… Read More
Large-cap technology stocks, particularly old-school names, have really been on the rise, though they remain an untold story this year.
Microsoft Corporation (MSFT) is on a major upward price trend and is getting close to its all-time record-high set during the technology bubble of 1999.
The company’s stock market performance has been tremendous as of late, rising from around $27.00 a share at the beginning of 2013 to its current… Read More