How To Wipe Out Puerto Rico’s Debt Without Hurting Bondholders
During his visit to hurricane-stricken Puerto Rico, President Donald Trump shocked the bond market when he told Geraldo Rivera of Fox News that he was going to wipe out the island’s bond debt. He said on October 3rd: You know they owe a lot of money to your friends on Wall Street. We’re gonna have to wipe […]
The Market Deserves A Rest
The market deserves a rest! There are a few hints that the short-term uptrend is peaking. The bullish percents are starting to turn lower. There is a small tick higher for the new 52-week lows. NYSE Up/Down volume might be weakening. Outlook The ECRI index is pointing to weak economic growth in […]
How To Trade Google Now
Remember my post from a little over a week ago, about how to trade Google (GOOGL) successfully in the coming days? Well check it out right here. Now, I need to update you on the trade and what to do now. Here was the original chart that I posted: But now it has reached resistance, […]
Alphabet’s Waymo Said To Demand At Least $1 Billion From Uber
The legal battle between Uber and Waymo looks destined for a courtroom battle in December, based on today’s report that the ride-hailing firm has rejected the self-driving tech firm’s settlement offer. Waymo reportedly demanded more than $1 billion and a public apology from Uber Technologies. j_nnesk_sser/Pixabay Given the many problems facing the ride-haling firm, it’s hard to […]
3 Canadian Bank Stocks To Buy For 2018
As explained in great detail in our Canadian bank stocks outlook for 2018 InvestingHaven is rather bullish on the Canadian banking sector for 2018. We believe Canadian banks will have a robust performance backed by the start of an environment of rising interest rates in Canada. If (and that is a big IF) our forecast […]
Domino’s Pizza Third Quarter 2017 Financial Results
Domino’s Pizza, Inc. (NYSE:DPZ) this morning announced results for the third quarter of 2017, comprised of strong growth in same store sales, global store counts and earnings per share. Third Quarter Highlights: Revenues: UP 13.6% versus the prior year period, due primarily to higher supply chain revenues from increased volumes. Higher same store sales and […]
An Interesting Play In The Healthcare Industry
As dividend growth investors, we are often tempted to ignore low-yielding companies such as United Healthcare (UNH). However, both stock price and distribution rose more than 250% over the past five years. This is the kind of growth you can’t afford to ignore. Let’s see if there is some upside potential from this supercharged dividend […]
JPMorgan, Citi Just Boosted Their Loan Loss Reserves By The Most In 4 Years
Four months ago, when looking at the latest S&P/Experian data, we first reported that credit card defaults had surged the most since June 2013, a troubling development which ran fully counter to the narrative that the economy was recovering and the US consumer’s balance sheet was improving. The troubling deterioration prompted Moody’s to open its own report […]
How To Win The Rotation Game
Video length: 00:12:21 The rotation game is being played below the surface of the market and the headline index numbers that are flashed on CNBC. Watch this video for an in depth discussion on the rotation game within the Dow 30 stocks. Which stocks make the best candidates to benefit from the next rotation? Watch […]
