Image Source: PixabayInvesting in high dividend stocks can be an attractive option for income-seeking investors, especially in uncertain economic times. Dividend-paying stocks offer the dual benefit of regular income and potential capital appreciation, providing a cushion during market volatility.Given current economic uncertainties, such as inflation and interest rate fluctuations, high dividend stocks can act as a safer harbor for conservative investors looking to balance risk with reward. As companies with strong cash flow generation, they often maintain or grow dividends, offering a hedge against inflation.Among the 30 stocks that make u...
Image Source: PexelsI’ve been very taken by midlines lately, which are the perfectly-in-between lines that define a channel. The longer the channel is, the more importance they, and their midlines, have. I noticed that the Nasdaq 100 index has been sporting one of these, and it closed precisely at that major resistance level on Friday.Here’s the multi-decade view of the channel which defines this important line.More By This Author:ETF Focus – Precious MetalsMetals Mania A Gap In GM...
Photo by Kvnga on UnsplashNext month, I’m speaking at the annual Stansberry Conference and Alliance Meeting put on by Stansberry Research. It’s an exclusive event reserved for subscribers, where analysts around our business will share their views on markets and where investors need to be paying attention. It’s a great event each year, and if you’re interested in attending, you can learn more right here.I’m sure artificial intelligence, the Federal Reserve – which will have likely cut rates by then – and Nvidia will be topics of conversation. So, it might surprise you to learn that my presentation will be on the city itself...
Image Source: PixabayLast week, I thought for sure that the market would need more time near the recent lows before it could move higher. However, prices are now pushing up towards all-time highs once again.The market turned on a dime on Wednesday. It then rallied, with strong follow-through seen on Thursday and Friday. Now, the market is in the early stages of a new short-term uptrend, as indicated by the PMO index shown below.Tuesday’s session close above the 5-day was a strong hint that a rally was brewing (I missed it).The bullish percents have turned higher and are nicely confirming the new short-term uptrend.The junk bond ETF...
DepositPhotosThere’s been a name on the “tortoise” side of the Green Screens that has intrigued me for some time: Intuit (INTU). Maybe you’ve heard of the company or maybe not, but you’ve almost certainly heard of their 2 main products – QuickBooks and TurboTax. Or maybe you use Mint.com to consolidate your financial picture – that’s also Intuit. Ever used Credit Karma to track your credit scores or apply for a loan? Intuit.You guys know I’m a sucker for business software, particularly software that manages critical and sensitive areas. The accounting books and tax prep certainly fall i...
Image Source: DepositPhotos “The only place success comes before work is in the dictionary.” Vince Lombardi Market Commentary:The Bull Market strengthened, let the naysayers say nay…there is no shortage of great companies doing well. Being able to recite the potential problems in the world does not make you a good investor. The new leadership in the market has expanded to more than tech, or the Magnificent 7. Right now, there are no bad sectors- only bad stocks. If you are waiting for a pullback, ask yourself what actions you took during the last pullback. Tremendous activity...
Image Source: Unsplash Today, you will see my US30 price prediction based on technical analysis. What is the support and resistance on the daily time frame for US30. What to expect where the price will breakout for the US30 based on the supply and demand zones. Video Length: 00:03:05More By This Author:GOLD Daily Analysis, XAUUSD Analysis & XAUUSD Forecast – Friday, September 13 Gold Reached 2525.80, Next Move Follows, XAUUSD Analysis & XAUUSD Forecast GOLD Targeting Next Resistance, XAUUSD Analysis & XAUUSD Forecast – Wednesday, September 11...
The home construction sector is showing significant strength, with D.R. Horton (DHI) leading the charge. Alongside DHI, other homebuilders like PulteGroup (PHM) and the Homebuilder ETF (XHB) have also maintained strong momentum. However, DHI has displayed relative strength compared to both its peers and the broader market, including the S&P 500.The technical setup forming on DHI’s chart is a classic bullish flag pattern. After a solid rally, the stock experienced a pullback, but it has since held firm. The structure suggests a potential breakout is on the horizon. Video Length: 00:01:19We’ve seen two recent breakout attempts. T...
Image Source: UnsplashIntroductionThe Canadian Cannabis LP Stocks Portfolio bounced back from a 10% decline the previous week (w/e Sept. 6th) as the negative sentiment waned surrounding the DEA’s announcement that it would be having a December 2nd hearing to consider additional opinions on the Justice Department’s proposal that cannabis be re-classified to that of a Schedule III drug under the Controlled Substances Act, Our Canadian Cannabis LP Portfolio Here’s what happened last week, in descending order, for the 5 largest Canadian Licensed Producers and for the previous 2 weeks: Tilray Brands (TLRY): UP 7.4% w/e Sept. 13th DOWN...
DepositPhotos One more day of S&P 500 gains extension almost to the neckline of Sunday’s discussed inverted H&S. Rate cut odds went up with discretionaries rallying on better than expected UoM consumer confidence and inflation expectations. It‘s as if hotter core CPI and PPI didn‘t hit in days earlier, and understandably such increase in rate cut odds (fueling US equities and general risk taking) is helping the yen at expense of US dollar – for now, no fear of yen carry trade unwind wherever the exchange rate might be (yes, risk taking isn‘t dialed back last three days in a row).Nasdaq performance relative to JPY is ...