For investors looking for momentum, the WisdomTree Europe Small-Cap Dividend Fund (DFE – Free Report) is probably on your radar now. The fund just hit a 52-week high. Shares of DFE are up roughly 26.9% from their 52-week low price of $47.4/share. But could more gains be ahead for this ETF? Let’s take a quick look at the fund and the near-term outlook to get a better idea on where it might be headed: DFE in Focus DFE focuses on providing exposure to Eurozone small-cap dividend paying equities. Industrials, Consumer Discretionary, and Financials are the top three sectors, with 26.22%, 15.08%, and 13.82% allocation, respectively (as on...
Between a resurgent dollar, surprise gasoline inventory build, surging US production, and UAE leaders questioning the oil market’s rebalancing, WTI and RBOB futures are tumbling… This has erased more than half the end-March/early-April bounce in the energy complex. “The glaring rise in U.S. gasoline refined product inventories, in combination with persistent lower-48 production growth, keeps us cautious on oil prices,” said Chris Kettenmann, chief energy strategist at Macro Risk Advisors LLC in New York. “We would not buy the intraday dip.”...
The latest movements in markets are starting to be in sync with a slow growth economy. This makes sense as the blue-chip GDP forecast has been decelerating quickly. The global trend in declining bond yields can be see below. The range the U.S. ten-year bond was in for the beginning of the year has been broken to the downside. Because yields were at record lows last summer, many investors assumed that was the bottom, but that assumption may be wrong. The bond yields had increased since the summer because an uptick of inflation due to rising oil prices, some improvement in U.S. survey data, and an increase in Chinese credit growth. The amount o...
In a research note this morning, Credit Suisse analyst Laurent Grandet upgraded Coca-Cola (KO) to Outperform, citing the arrival of incoming CEO James Quincey, who takes over next month, and the company’s nearly complete refranchising. Further, the analyst sees several strategic M&A opportunities to bolster Coca-Cola’s portfolio. COKE TO BE SUCCESSFUL AGAIN: Credit Suisse’s Grandet upgraded Coca-Cola to Outperform from Neutral and raised his price target on the shares to $49 from $44. With incoming CEO James Quincey taking over on May 1, the analyst noted that the executive already revealed his desire to build a total be...
Today’s infographic comes from Funders and Founders and information designer Anna Vital, and it lists the important metrics to gauge traction and success of new startups. Several years ago, a key challenge with launching a new tech startup venture was that there weren’t many precedents to follow. How do you scale a company? How do you measure growth and costs in a more meaningful way? Does the company have real traction? Of course, there were knowledgeable people in the tech ecosystem that knew these things – for example, venture capitalists and ex-founders that had been successful with previous ventures – but they were tough to ga...
Voters in the United Kingdom shockingly decided to leave the European Union? The stock market barely blinked. Voters in the United States unexpectedly elected a brash promoter over a well-established political insider? The stock market didn’t care. It told the media elite to take a hike, then promptly climbed to higher ground. The S&P 500 really doesn’t care what you think. It takes what it wants when it wants. The Federal Reserve continues to raise overnight lending rates? The yield curve flattens like a collapsible Surface tablet. And yet, stocks hang within 2% of all-time record highs. Forget the popular bull and bear references....
Forty years ago, Shenzhen, China, was a sleepy fishing village of 30,000. But in 1980, then-Communist Party leader Deng Xiaoping designated the southern town as one of four special economic zones (SEZs), thereby giving it special tax benefits and preferential treatment to foreign investment. In the years that followed, Shenzhen expanded at an alarming pace. Its GDP per capita grew a jaw-dropping 24,569 percent between 1978 and 2014, and by 2016 its population stood at nearly 12 million. Today Shenzhen is universally held up as one of the capitalism’s great success stories. Because of Deng’s willingness to liberate its economy and open She...
The short-term objectives (4-5 Weeks) in DUST and JDST are making headway. However, geopolitical instability or a Trump tweet could change things instantly. Nevertheless, the action in miners today bolsters our analysis. DUST prices could reach $36.00+ in May, and I presented the potential target area for JDST. These trades are countertrend and therefore risky. Several members already hold positions. However, the real investment opportunity will arrive at the next 6-month low, in my opinion. The extended rally stretched the 6-month cycle long enough to become right translated. Gold prices should drop into May but prevail above the December 20...