Latest Posts

  • Finance 0

    Lessons From A Trading Great: Amos Hostetter

    Amos Hostetter cofounded Commodities Corporation (otherwise known as CC) along with Helmut Weymar back in 1969. CC is the trading shop that produced more legendary trading talent than the Yankees have All-Stars. Alumni include: Bruce Kovner, Michael Marcus, Paul Tudor Jones, Ed Seykota and more… Hostetter was considered the wise sage and mentor of the group. He’s credited with imbuing many of these trading greats with the wisdom and knowledge they used to achieve their grand heights. Upon his untimely death in a car accident in 1977, the directors of CC commissioned one of their traders, Morris Markovitz, to gather and record Hostetter...
    On April 20, 2017 / By
  • Finance 0

    W.W. Grainger: Buy The 20% Decline?

    W.W. Grainger (GWW) has been among the biggest losers in the S&P 500 so far this earnings season. Shares have lost 20% of their value in just the past three months. The stock fell 11% on Tuesday, April 18th, after the company announced disappointing first-quarter earnings. Not only did Grainger miss analyst expectations on both sales and earnings for the quarter, but it also lowered its forecast for the full year. But, long-term investors should not be swayed by one quarter’s results. Grainger has a long track record of rewarding shareholders. It has raised its dividend for 45 consecutive years. Grainger is a Dividend Aristocrat, a grou...
    On April 20, 2017 / By
  • Finance 0

    D.R. Horton Q2 Earnings & Revenues Beat, View Raised

    D.R. Horton, Inc. (DHI – Free Report) came up with yet another stellar show in the second quarter of fiscal 2017, with both earnings and revenues beating the Zacks Consensus Estimate given solid housing market scenario. The Texas-based homebuilder’s order trends remained strong in the quarter. Shares of this homebuilder escalated 2.36% in the pre-market trading session post earnings release at the time of writing. Earnings & Revenue Discussion The company reported earnings of 60 cents per share, beating the Zacks Consensus Estimate of 59 cents by 1.7%. Earnings also increased 15.4% year over year driven by higher home sales. To...
    On April 20, 2017 / By
  • Finance 0

    Beat French Election Fears With 4 Euro Value Picks

    This Sunday will witness the first round of voting in a French presidential election, which is likely to determine the future of the entire Eurozone. Belying initial indications, the contest has thrown up two surprise contenders on two extreme ends of the political spectrum. A victory for either candidate threatens to rupture the fabric of the economic union and disrupt the Euro project as a whole. Conventional wisdom would call for avoiding European stocks completely at this point. But a new survey shows that fund managers have been scooping up more of the region’s stocks as valuations look increasingly attractive compared to their U.S. co...
    On April 20, 2017 / By
  • Finance 0

    Whitestone REIT Announces Pricing Of Public Offering Of Common Shares

    HOUSTON, April 20, 2017 (GLOBE NEWSWIRE) — Whitestone REIT (NYSE:WSR) (“Whitestone”), announced today that it has priced a public offering of 7,000,000 of its common shares at a public offering price per share of $13.00, for net proceeds of approximately $87.23 million after deducting the underwriting discount and commissions and estimated offering expenses payable by Whitestone.In connection with the offering, Whitestone granted the underwriters a 30-day option to purchase up to an additional 1,050,000 common shares.The offering is subject to customary closing conditions and is expected to close on April 25, 2017.  SunTrust Robi...
    On April 20, 2017 / By
  • Finance 0

    Sherwin-Williams Co. Ups Outlook As Q1 Earnings Beat Estimates

    Written by StockNews.com Sherwin-Williams Co. (NYSE: SHW) early Thursday posted better than expected first-quarter earnings results and boosted its full-year guidance, as sales at its namesake stores continue to rise. The Cleveland-based paint and coatings maker reported: adjusted Q1 earnings per share (EPS) of $2.27, which was $0.19 better than the Wall Street consensus estimate of $2.08. Revenues rose 7.3% from last year to $2.76 billion, also beating analysts’ view for $2.72 billion…The revenue gains were mostly due to higher paint sales volumes at its stores, along with an accounting change that resulted in 2.2% higher revenues. ...
    On April 20, 2017 / By
  • Finance 0

    Cable, Crude And Gold: Price Action Setups

    Cable Rally Testing One of the more noteworthy events thus far on the week was the surprise announcement from British PM, Theresa May, of early general elections. The move has largely been applauded by analysts as a cogent political move ahead of what’s expected to be a terse negotiation around Brexit; but for traders and investors the bigger question is whether Tuesday’s announcement is a legitimate ‘game-changer’ for the U.K. economy. The British Pound burst-higher on Ms. May’s announcement, breaking above the range that’s denominated price action in the pair since the ‘flash crash’ in early-October. But as we warned as it w...
    On April 20, 2017 / By
  • Finance 0

    State Of Dollar Bull Market

    The Federal Reserve’s real broad trade-weighted dollar fell for the first three months of 2017, and the greenback’s heavy tone this month has raised questions about the state of the bull market. Despite this recent weakness, we think the bull market is intact and that the advance will resume.   In the February through April last year, the real broad trade-weighted measure of the dollar fell. Many investors doubted the bull market was intact. The greenback proceeded to rally seven of the following eight months. In 2015, this measure of the dollar fell in three of the 12 months, and two were back-to-back (April and May). In 2014, t...
    On April 20, 2017 / By
  • Finance 0

    Goldman Presents A Perfect Storm For S&P 500 Valuations

    Anyone remember the chart in the right pane below? (Goldman) You’ll note there’s something particularly unnerving (well, if you’re long it’s unnerving, if you’re on the sidelines it’s pretty funny) there. Specifically, note the part of the table that says “current bull market split between two phases.” See where Goldman breaks down the percent of the index return by contributor during the second phase (2011-2017)? Yeah, so that “71%” part means that three quarters of the index’s return since the 2011 debt ceiling lows is attributable to you (or someone) paying more for every dollar of earnings. Here’s what Goldman said...
    On April 20, 2017 / By
  • Finance 0

    Venezuela Seizes General Motors Car Plant

    While the US has a habit of invading or attacking sovereign nations any time the president’s approval rating dips below a certain threshold, Venezuela has a similar, if less dramatic mechanism to provide a brief boost to Maduro’s popularity: it nationalizes foreign plants on its soil. It did so last July when the country was once again suffocating under a wave of violent protests, when just hours after Kimberly-Clark said it will shutter its Venezuela operations after years of grappling with soaring inflation and a shortage of hard currency and raw materials, Venezuela retaliated by announcing it would seize the factory. It did s...
    On April 20, 2017 / By