Investing
In trading on Tuesday, shares of Tesla crossed below their 200 day moving average of $313.28, changing hands as low as $293.21 per share. Tesla Inc shares are currently trading down about 5.2% on the day. 10 Stocks Crossing Below Their 200 Day Moving Average » The chart below shows the one year performance of TSLA shares, versus its 200 day moving average: Looking at the chart above, TSLA’s low point in its 52 week range is $182 per share, with $488.5399 as the 52 week high point — that compares with a last trade of $300.69. The TSLA DMA…
According to NextEarningsDate.com, the McKesson next earnings date is projected to be 5/8 after the close, with earnings estimates of $9.81/share on $94.19 Billion of revenue. Looking back, the recent McKesson earnings history looks like this: The company has an impressive long-term earnings per share chart: And with equally impressive revenue growth: But earnings reports can often uniquely bring abrupt volatility to a stock, in either direction, as investors digest the fundamental details. And that volatility can be a stock options trader’s dream come true — so such traders will be interested to know that McKesson has options available that…
Key News It was a quiet night, as Mainland China, Hong Kong, Japan, South Korea, and Thailand were all closed for Labor Day, Buddha’s Birthday, Children’s Day, Children’s Day, and Coronation Day, respectively. Hong Kong and Mainland China will reopen tomorrow. There are signs that the trade war is slowly cooling off after President Trump stated that he wants a fair deal with China. The President claimed officials from both countries have begun talking. Those comments were reiterated in his Sunday morning NBC news interview, according to Reuters. The Ministry of Commerce’s press conference appeared to refute the notion that…
When President Trump was a businessman, he was famous for taking on lots of debt. Now that he’s the President, I believe that companies would be smart to do the opposite. High-debt companies run at least three risks. Rising interest rates. Tariffs could make some goods scarcer. Tight immigration policy could make labor scarcer. The combination could push up inflation, leading to higher rates that make interest payments more painful. A recession. If the economy turns sour, companies with lots of debt are in danger of falling into the bankruptcy chasm. J.P. Morgan Chase thinks the chance of a recession…
Murphy Oil has been named as a Top 10 dividend paying energy stock, according to Dividend Channel, which published its weekly ”DividendRank” report. The report noted that among energy companies, MUR shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent MUR share price of $21.78 represents a price-to-book ratio of 0.6 and an annual dividend yield of 5.97% — by comparison, the average energy stock in Dividend Channel’s coverage universe yields 4.4% and trades at a price-to-book ratio of 2.6. The report also cited the strong quarterly dividend history at Murphy Oil Corp, and favorable…
Are US stocks set to lose out to the rest of the world forever? That’s what the press would have us believe. But we contrarian dividend investors are looking at this from a different angle. Our strategy? Buy America when the rest of the world is selling. It’s worked before, and we have every reason to believe it will work now, too. So let’s talk about it—and the best way to position ourselves for US stocks’ next leg up, with a healthy dividend payout on the side. Press Panics, US Stocks Bounce It’s funny, but not surprising, that the moment…
There’s a brief period after major corporations like Stellantis report on their finances and provide forecasts for the rest of the year when investors feel confident about the future of their investments, or at least know the worst for a little while. That was then; now we are in President Trump tariff turmoil territory and a key factor for valuing a huge corporation trading internationally has been undermined. If you don’t know the prices you can charge, your control over a key element has disappeared and your power to predict profitability will be destroyed. That’s why Stellantis, after reporting first…
In Warren Buffett’s final annual shareholders’ meeting as CEO of Berkshire Hathaway, his parting message was one of optimism and patriotism for the country that made his career possible. Buffett said he had informed his two children who serve on Berkshire’s board about his plans to retire in advance, but surprised the rest of his board, including his hand-picked successor Greg Abel sitting beside him on stage. Perhaps the news shouldn’t have caught anyone off guard, considering Buffett is 94 years old and has $168 billion to his name, almost all of it made up of stock in the company…
Dividends over drama, please. Like these five low-volatility dividend stocks that yield 7.2%, on average. Back in school they taught us that to increase returns, investors had to take on additional risk. This was a financial engineering class at Cornell University, by the way. The prof should have known better, but he didn’t, because he was a researcher and not an actual investor. It’s a common mistake in academia, and those who try to invest “buy the book.” The book says more beta means more returns. Well, this text is often wrong! Big dividends and low volatility are a beautiful…
Week in Review Asian equities were mostly higher for the week, which was shortened for Hong Kong and Mainland China due to the Labor Day holiday, as Taiwan and the Hang Seng Tech Index outperformed, while Pakistan and Mainland China underperformed. This week was busy for economic releases. We learned that the US economy contracted by -0.3% in the first quarter, China’s factory production slowed significantly in April after a surge in March as importers front-loaded orders ahead of tariffs, and China re-affirmed its GDP target despite trade headwinds. PDD’s Temu international E-Commerce platform responded to US tariffs by adding…
“If you’re lucky in life, make sure that a bunch of other people are lucky, too.” – Warren Buffett In the fourth-floor lunchroom of the National Indemnity Company building in Omaha, Nebraska, a hand-lettered sign once hung on closed double doors: “Meeting in Progress.” Inside, beside vending machines and a coffee maker, Warren Buffett called to order the annual meeting of Berkshire Hathaway shareholders, with approximately 20 attendees present. The perfunctory business was dispensed with in just five minutes. Then Buffett offered: “I’ve got an hour, and if anybody wants to stick around and talk about the investment business, I’m…
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