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  • Finance 0

    Cardinal Health Maybe A Buy The Past Year Pullback

    This week I’m seeking a prestigious and long-term dividend-paying stock from the healthcare business sector.  That healthcare sector includes ten industries all related to testing, diagnosing and treating what ails us. Healthcare industries are: biotechnology; diagnostics & research; drug manufacturers – major and – specialty & generic; healthcare plans; long-term care facilities; medical care; medical devices; medical distribution; medical supplies. Today I’m reviewing a large-cap medical distribution firm, named Cardinal Health, Inc. It’s trading ticker symbol is CAH.  Cardinal Health Inc. is a health...
    On October 17, 2018 / By
  • Finance 0

    Cardinal Health Maybe A Buy The Past Year Pullbck

    This week I’m seeking a prestigious and long-term dividend-paying stock from the healthcare business sector.  That healthcare sector includes ten industries all related to testing, diagnosing and treating what ails us. Healthcare industries are: biotechnology; diagnostics & research; drug manufacturers – major and – specialty & generic; healthcare plans; long-term care facilities; medical care; medical devices; medical distribution; medical supplies. Today I’m reviewing a large-cap medical distribution firm, named Cardinal Health, Inc. It’s trading ticker symbol is CAH.  Cardinal Health Inc. is a health...
    On October 17, 2018 / By
  • Finance 0

    Bond Investors Agree With The Fed… For Now

    The Federal Reserve has brought transparency to their decisions. The famous “blue dots” which show visually each FOMC voting member’s forecast for rates provides insight into their thinking, even if it doesn’t attach names to each dot. We’ve come a long way from Alan Greenspan’s Senate testimony, “Since becoming a central banker, I have learned to mumble with great incoherence. If I seem unduly clear to you, you must have misunderstood what I said.” Transparency has removed the mystique. It’s now clear that the Fed doesn’t know much more than the rest of us about the economy. They’re also only average forecasters. Ever ...
    On October 17, 2018 / By
  • Finance 0

    E The Rainbow Sign

    Yesterday the stock market gave a rainbow sign, which either means we are coming into land, or that it will rain on our stocks for another 40 days. It either means that our towering stock prices will hold together or that the tower will crash. My biblical references reflect the Torah (Jewish Bible) reading last Saturday, Noah, telling of the Great Flood and the Tower of Babel. Today’s blog tells about animals that are on the ship, like bulls and bears, but despite news from Australia, not kangaroos. Elephants, yes; kangaroos, no. Marsupials were not present in the region where the Bible was dictated or written. *Macro-economy expert Joh...
    On October 17, 2018 / By
  • Finance 0

    Global Consumer Confidence And Global Equities

    One of my favorite things to do is discover and utilize somewhat obscure, new, misunderstood, or underutilized datasets. Or indeed, to look at an existing and well-understood set of data in a different way. In today’s post we look at a little bit of all of the above. What we’ve got here is a global composite consumer sentiment indicator I’ve calculated from the Thomson Reuters IPSOS consumer sentiment surveys (using IMF GDP data for the weightings).  I’ve shown this indicator against the key global equity benchmark (the MSCI All Countries World Index or ACWI for short), and the global manufacturing PMI (basic...
    On October 17, 2018 / By
  • Finance 0

    Federal Deficit Continues To Worsen; Repercussions – Or Lack Thereof – For 10-Year Notes

    On a 12-month rolling total basis, federal deficit in August shot up to just under $900 billion. This at a time when the US economy is in expansion. In all probability, the red ink only gets worse from here. The question is, is this or not already reflected in 10-year T-notes?   The 10-year Treasury rate (3.16 percent) has come a long way. As recently as September 2017, 10-year notes yielded 2.03 percent, and 2.81 percent on August 22 this year. Yields have come under slight pressure since reaching 3.25 percent eight sessions ago. Prior to this, early this month they broke out of the mid-May high of 3.12 percent. This resistance goes back to...
    On October 17, 2018 / By
  • Finance 0

    S&P 500 And Nasdaq 100 Forecast – Wednesday, Oct. 17

    S&P 500 The S&P 500 exploded to the upside during trading on Tuesday, reaching above the 2800 level. The market has broken out of the consolidation range that I have been talking about, so now it looks like we will continue to rally. At this point, I think that we will probably go looking towards the 2850 handle, and perhaps even the 2900 level after that. There is a huge bearish candle that we need to take out now, and I think it will be very difficult to do so. Because of this, I think we have short-term bullishness but I can’t imagine that it would take too much to scare traders again. However, we are still technically in a signi...
    On October 17, 2018 / By
  • Finance 0

    Bridgeline Digital Prices $5,000,000 Public Offering

    BURLINGTON, Mass., Oct. 17, 2018 (GLOBE NEWSWIRE) — Bridgeline Digital, Inc. (Nasdaq: BLIN), The Digital Engagement Company™ that helps customers maximize the performance of their full digital experience from websites and intranets to online stores, today announced the pricing of an underwritten public offering of 10,000,000 shares of its common stock (or common stock equivalents) and common stock warrants to purchase up to an aggregate of 10,000,000 shares of common stock.Each share of common stock (or common stock equivalent) is being sold together with a common stock warrant to purchase one share of common stock at a combined effec...
    On October 17, 2018 / By
  • Finance 0

    0X (ZRX) Tests Above Ichimoku Cloud After Coinbase Listing

    The Ethereum-based cryptocurrency, 0x (ZRX) gained over 13% on Tuesday after Coinbase exchange officially added it to its platform. In addition to Coinbase’s initial announcement on October 11th, that they’ll support ZRX, the exchange is also allowing full-on trading capabilities for the altcoin. This is the 5th tradable cryptocurrency on Coinbase and has many market participants wonder why it was chosen. After all, Coinbase had a choice to add top-performing cryptocurrencies such as Ripple’s XRP or Stellar Lumens (XLM) to its platform. 0x is ranked 24th based on market capitalization, but the Coinbase listing could help it climb up to ...
    On October 17, 2018 / By
  • Finance 0

    Stock Market Is Making A Sharp Rally After A Sharp Drop. What’s Next?

    Yesterday’s big bounce has some people comparing the current market environment to October 2014, when the stock market dropped quickly and surged back to new all-time highs quickly. The key point to remember is that: The medium term risk:reward is bullish The stock market usually (but not always) retests its lows. Focus on the medium-long term. With that being said, let’s get into quantifying and examining the stock market’s recent price action. The stock market’s sharp reversal after a sharp drop The stock market fell more than -2% for 2 consecutive days last week (Wednesday & Thursday), and then it rallied more than +2% yesterda...
    On October 17, 2018 / By