When a reader suggested I look at Cornerstone Strategic Value Fund’s (NYSE: CLM) dividend safety, I was intrigued. It pays a 20% yield. That’s not a typo… 20%. The fund invests in growth and value stocks. Its largest holdings are Apple (Nasdaq: AAPL), Amazon (Nasdaq: AMZN) and Alphabet (Nasdaq: GOOGL). Apple
August 16, 2018
Nvidia (NVDA – Free Report) came out with quarterly earnings of $1.94 per share, beating the Zacks Consensus Estimate of $1.84 per share. This compares to earnings of $1.01 per share a year ago. These figures are adjusted for non-recurring items. This
In the grand scheme of things, it can’t be too terribly surprising. After all, it is the dog days of summer. Traders aren’t terribly interested, and somewhat distracted by all the other things that require attention as August starts to
Which Disturbance in the Farce can be Profitably Ignored Today? There has been some talk about submerging market turmoil recently and the term “contagion” has seen an unexpected revival in popularity – on Friday that is, which is an eternity
Automobiles have come a long way in two decades. The import craze of this latest bout of globalization was in the car business handed an open door by a lack of quality, or perceptions about a lack of quality. The
Emerging Markets – Stocks Fall Back On Wednesday Emerging markets – Wednesday reversed the gains from Tuesday as the S&P 500 was down 0.76%, the Nasdaq was down 1.23%, and the Russell 2000 was down 1.29%. The VIX was up
With every passing day, it is becoming increasingly likely that Musk’s “funding secured” tweet could end up the costliest in history, and could potentially land him, or others, in prison. Last week, before it was confirmed that the SEC had
The uncertainty seen in US markets shook Asian indices with all markets opening lower. Fortunately, these proved to be the day’s lows and most markets rallied from there. The Nikkei even managed to move positive and remained around there for
Stocks rallied as Walmart posted ‘better than expected’ results. Nordstrom also beat after the bell, further juicing enthusiasm for retail trade. Gold and silver were bouncing quite a bit from the overnight lows but ended up with a little more
After a long string of EIA weekly storage reports that missed to the low side, this week the EIA announced a storage injection that was slightly larger than market expectations, quickly sending natural gas prices lower. The September contract settled
