During a recent trip from San Francisco to Ohio, I spent several hours indulging in the Wall Street Journal, cover-to-cover. Fascinated by their second quarter Markets Review & Outlook Section on July 3, 2017, I fervently read the predictions made
July 22, 2017
I evaluated 38 different companies this week to determine whether they are suitable for Defensive Investors, those unwilling to do substantial research, or Enterprising Investors, those who are willing to do such research. I also put each company through the ModernGraham valuation
There’s been a lot of words thrown around lately saying that indexing has been leading to overvaluation of the US stock market. I’m here to tell you that is wrong. I have two reasons for that: 1) Active managers have
One of the most important new trends is that stocks are becoming more volatile during earnings season. As you can see from the chart below, earnings moves are 4 times the size as the average daily move. The most obvious
AUD/USD enjoyed another strong week, gaining 90 points. The pair closed at 0.7912, its highest weekly close since December 2014. The major event this week is CPI. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. In Australia,
Steve Saville has a post out called Don’t Think Like a Lawyer. In the post he notes the following… “The job of a judge or juror is to impartially weigh the evidence and arguments put forward by both sides in an effort
Here are my forecasts for upcoming economic data. Forecast Prior Observation Consensus Week of July 24 July 24 PMI Manufacturing Flash Index 52.0 52.0 52.0 PMI
Although more than a decade has passed, the name ‘Enron’ continues to hold notoriety in the investing community. Enron’s 2001 bankruptcy destroyed more than $60 billion of shareholder value. At the time of its bankruptcy, Enron was the seventh-largest company in the
Earnings season is in full bloom, as numerous publicly traded companies continue to release their latest earnings reports, which are providing investor with fresh updates on consumer tendencies, economic conditions, and company specific financial outlooks. However, it is extremely easy
Since the beginning of May the Canadian dollar has been the strongest of the major currencies. However, until the most recent CFTC reporting week ending July 18, speculators in the futures market were net short. The persistent buying has seen the
