By Mitchell Clark, B.Comm. | October 17, 2012
There are still all sorts of blue chips trading right at their 52-week highs; some are trading at their all-time highs. And the best part about this is that these companies are not expensively priced on the stock market.
Colgate-Palmolive Company (NYSE/CL) is one of the blue chips having an outstanding year on the stock market. This stock just hit an all-time record high of $109.84 (split adjusted), up from … Read More
By Mitchell Clark, B.Comm. | September 20, 2012
On a lot of occasions, the stock market sells off on the reality of its expectations, but it hasn’t since the Federal Reserve announced a third round of quantitative easing (QE3). The main stock market indices are holding up very well, consolidating more so than selling off on the news. Stock market sentiment continues to be relatively positive, with some hope for the economic future and the expectation that third-quarter … Read More
By Mitchell Clark, B.Comm. | August 13, 2012
A lot of smaller companies and micro-cap stocks are now reporting their quarterly earnings, and a lot of the numbers are pretty good. I’ve noticed particular financial strength in a number of micro-cap technology companies, along with good trading action among biotech companies.
There’s no real trend among micro-cap stocks, aside from the Russell 2000 Index, which is about five percent below its recent high set in March of this … Read More
By Mitchell Clark, B.Comm. | May 4, 2012
If the S&P 500 Index is trading close to the 1,400 level, then I view the equity market as being in good shape. We’re getting a bit of a consolidation now and this is completely normal after the flurry of corporate earnings from large-cap companies. Many smaller companies are only now beginning to report their earnings reports, but this is an equity market that’s focused on large-caps. They have been … Read More
By Mitchell Clark, B.Comm. | May 3, 2012
I have a strong sense that the stock market trading action we’ve experienced over the last several months will continue over the next quarter or so. One day, the stock market will be up on some positive economic news; the next day, the economic news will point the other way. The stock market is at its current level largely due to two equal factors—the Federal Reserve and reasonable valuations. At … Read More