Month: September 2019

It was another positive day on Wall Street, with stocks closing near their highs on Wednesday. Again, small-cap stocks stole the show in the stock market today. All week, we’ve been pointing out the outperformance of the Russell 2000. That strength was on display as the iShares Russell 2000 ETF (NYSEARCA:IWM) closed higher by 2%.
0 Comments
A lot of mixed news has been swirling around Canopy Growth Corp. (CGC) lately, so it’s worth taking a deeper dive to see how well this stock can stay afloat.  Starting with the elephant in the room, many investors still seem shaken by the void in leadership left behind former CEO Bruce Linton’s wake. However,
0 Comments
As a component of the Dow Jones Industrial Average, International Business Machines (NYSE:IBM) stock gets a lot of attention due to its high dividend yield, which is currently about 4.5%. In 2019, IBM was ranked by Forbes magazine as the world’s twentieth most valuable brand. Source: JHVEPhoto / Shutterstock.com Year-to-date, IBM stock is up about 27%. Now may
0 Comments
With the help of broad-based leadership, the major U.S. equity benchmarks rallied Wednesday amid a flurry of decent headlines. Today’s leadership came by way of the technology and healthcare sectors, the two largest sector weights in the S&P 500, with some contributions from the defensive, high-yielding utilities group. Source: Shutterstock President Donald Trump took to
0 Comments
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In this lesson, we first learned about the primary components of a bond. We learned that the par value or face
0 Comments
If you want a candidate for surprise picks of the year, Comcast (NASDAQ:CMCSA) surely deserves consideration. As a traditional media and TV services provider, the company obviously faces risk from the cord-cutting phenomenon. Simply put, people, especially younger people, don’t consume content entertainment like they used to. Nevertheless, the Comcast stock price is up a
0 Comments
A few things your sleepy Gold Enthusiast would like to point out.  First, this wasn’t a straight run-up; there were a fair number of small corrections/fallbacks/consolidations along the way. None as big as the drop the last 3 days, but there nonetheless. Second, the RSI was clearly in overbought territory for a while there. That’s
0 Comments