A new chart unexpectedly grabbed my attention recently… one that could have huge implications for the future of the U.S. stock market. For the past month, I've been predicting a correction in the S&P 500 is right around the corner. But there's another side to the story… If this correction happens the way I expect, it may trigger a key pattern in the stock market.....more>>>
IMAGE SOURCE: CLUBCORP HOLDINGS INC.
Shares of ClubCorp Holdings Inc. (NYSE:MYCC) jumped 15.7% Thursday after reports stating the private golf and country-club specialist is considering strategic alternatives.
Following a Reuters report early in the day that ClubCorp is in the early stages of selling itself, ClubCorp effectively confirmed the....more>>>
The word “growth” is the central word in the phrase Dividend Growth Investing, yet DGI often gets a bad rap as a stodgy method of saving for retirement. I think this misperception arises from the fact that some proponents of the strategy (who may be more focused on income than returns) require a certain minimum yield threshold for their investments. This, in turn, screens many of the....more>>>
In our Q4 Outlook report released last week, we highlighted the fact that while valuations for equities were high, there is case to be made that relative to alternatives, equities were attractively valued. The TINA (There Is No Alternative) argument, as it’s called, suggests that even with equities trading at rich valuations, they are attractive compared to yields on fixed income securities....more>>>
I last wrote about magicJack (NASDAQ:CALL) on January 27th, 2016, describing how the business was a) highly free cash flow generative, b) supremely capitalized, c) pursuing several low-risk growth opportunities, and d) valued at insanely low multiples. Today, one year later, all four of the above remain true. And yet much has happened in the intervening 12 months.
$40M acquisition of UCaaS....more>>>
Where is this market headed? It is anyones guess.
The best description of the docile trading lately may be Mark Newtons characterization: no-mans-land.
Everybody is sort of scratching their heads about this market, Newton, an independent technical analyst and financial blogger, told MarketWatch. It is a challenging market to have any conviction, really on either side [up or down],....more>>>
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The prime beneficiary of the Organization of Petroleum Exporting Countries decision to cut production are domestic producers in the Permian Basin. One such firm is WPX Energy (NYSE:WPX) that made a risky acquisition in the area back in 2015 that is starting to pay off big time.
The stock is up over 25% today to new multi-year highs. Other stocks focused on the area are at new all-time highs....more>>>
Twitter (NYSE:TWTR) is broken. The company can’t get itself sold and it refuses to take the necessary steps to turn around the company. Shares have come off the mid-$20s surge but are still hovering around $18 a share. As mentioned, I won’t be interested until we see TWTR near all-time lows. The problem is that Jack Dorsey doesn’t want the company sold and he’s spending a....more>>>
American families can afford bigger helping of Thanksgiving dinner this year.
A classic Thanksgiving dinner will cost$49.87 for a gathering of 10, just under $5 per person, according to figures out this week from the American Farm Bureau Federation. The total is a step back from 2015s all-time high of $50.11.
If you adjust for inflation, the price is lower this year than when we first....more>>>
It’s a deal made for late-night television. Last night, the Wall Street Journal reported that General Electric (GE) was considering buying Baker Hughes (BHI). General Electric denied the news immediately, saying simply that it was considering joint ventures with Baker Hughes. Baker Hughes, meanwhile, has confirmed there are talks but “no guarantee anything will be included.” Now,....more>>>
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