Written by TheDividendManager.com Earnings season has resulted in a lot of excitement in the market. Last week it included some of the big banks including Citigroup (NYSE: C) and JP Morgan (NYSE: JPM). This week the notables include Johnson & Johnson (NYSE: JNJ), International Business Machines Corp. (NYSE: IBM) and Verizon Communications Inc. (NYSE: VZ). Below are 3 of the most notable dividend stocks that will be releasing earnings results: 1. Johnson & Johnson Johnson & Johnson will report earnings before the market open on Tuesday, April 18. The drug company is expected to report earnings of $1.77 per share, which would be h...
The best sector in ADRs is utilities. The top countries are Mexico, Chile, and Switzerland. The average score across our ADR universe is 52.61. For perspective, the score averages 53.52 and 53.80 over the past four and eight weeks. The average ADR in our universe slipped 0.48% in the past week, and is trading -14.53% below its 52 week high, 5.91% above its 200 dma, has 1.82 days to cover short, and is expected to grow EPS by 19.4% in the coming year. The top scoring sectors in ADRs are utilities (CIG, SBS, CPL), services (OMAB, UGP, CEA, SKYAY, KOF, ASR, RYAAY), healthcare (GLPG, SNY, BAYRY, SNN, LUX, RHHBY, GWPH), and financials (HDB, QIWI, ...
Generally, gold ETFs should behave in the same way. For example, when one gold ETF accumulates gold, the other ETFs should do the same. However, sometimes it is not the case. Look at these two charts: source: Simple Digressions Note that in January the first gold ETF, IAU, accumulated 125.2 thousand ounces of gold (its total gold holdings increased by this amount of gold) but its much larger counterpart, GLD, decreased its holdings by 742.7 thousand ounces. Over the next months both ETFS were doing the same: added gold in February and April (up-to-date) got rid off the gold in March Interestingly, gold prices were going down or got stuck on...
The economy is like a circus. It comes to town, and eventually it leaves town. We get paid in tickets to this circus. As long as the circus stays in town, we can use our tickets. Once the circus leaves town, we are pretty much out of luck. The reason the circus stays in town is because the economy stays in sufficient balance that the economy can go on. This is much like the way many other self-organized systems function. For example, our bodies continue to function as long as there are suitable balances in many different areas (oxygen, food, water, air pressure). Ecosystems continue to function as long as there is sufficient rain, adequate te...
Investors have found it difficult to resist the temptation to become armchair generals in response to the recent flurry of geopolitical volatility. I have some sympathy for that. Political experts told us that Mr. Trump would mark the beginning of a new U.S. isolationism, and even speculated about the emergence of a new Monroe doctrine. The president’s “America First” discourse, the statement that NATO is obsolete, and the rapprochement to Russia were all pivots watched ominously by other world leaders, especially in continental Europe. This story, however, increasingly feels like ancient history. The decision to re-engage i...
The Econoday consensus estimate for the Empire State manufacturing index was +15.0 in a range of 13.0 to 17.2. The actual index reading was 5.2, down 11.2 points from last month’s reading of 16.4. In a new twist on the state of the allegedly strengthening economy, Econoday is “thankful” for the cooling. Highlights Activity is thankfully cooling in the Empire State manufacturing area, to a general conditions index of 5.2 in April vs unsustainably strong levels of 16.4 and 18.7 in March and February. Delivery times appear to be grinding to a halt indicating an outright bottleneck in the supply chain, at 16.1 which is a 16-year record h...
Momentum is the tendency for assets that have performed well (poorly) in the recent past to continue to perform well (poorly) in the future, at least for a short period of time. In 1997, Mark Carhart, in his study “On Persistence in Mutual Fund Performance,” was the first academic to use momentum, together with the three Fama-French factors (market beta, size and value), to explain mutual fund returns. Robert Levy published one of the earliest formal studies on cross-sectional momentum in 1967, but the real academic interest for momentum (a form of technical analysis) was inspired by Narasimhan Jegadeesh and Sheridan Titman, authors of ...
For investors looking for momentum, the iShares Global Infrastructure ETF (IGF –Free Report) is probably on your radar now. The fund just hit a 52-week high and shares of IGF are up roughly 14.41% from their 52-week low price of $37.33/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: IGF in Focus IGF focuses on the global infrastructure market. The fund has a large-cap focus with key holdings in the Utilities, Industrials, and Energy sectors. IGF charges investors 47 basis points a year in fees. Its top holdings include T...
FIBOCALL: Ford (F) – mentioned on CNBC The whole panel on CNBC did not like F here, so it’s a good reason to own some. With the 11/9/16 low @ 11.07 holding, you can own some now. A close above 11.25 to add to longs. The 20 DMA @ 11.49 50 DMA @ 12.13 Our selling zone @ 12.19-12.45 200 DMA @ 12.33 A close below 11.07 needed to exit longs. ...
Written by StockNews.com China-based Ant Financial, an online payments specialist founded by Alibaba Group Holding Ltd. (NYSE:BABA), has substantially upped its takeover offer to U.S.-based money transfer giant MoneyGram International Inc. (NASDAQ:MGI). Ant boosted its bid for MoneyGram by 36% from its prior offer, to $18 per share in cash, or $1.2 billion. That’s up from $13.25 per share previously…[and that] has apparently beaten out all other bidders for MoneyGram. As Reuters notes, [however,] the acquisition still faces big regulatory hurdles: A successful deal would be Ant’s first major acquisition in a developed market but fi...