US Markets Being Lead By Tech, Small Caps, and Share Buybacks
Doc joins me today to focus on the US equity markets. For as much as we hear negative comments the markets are showing some strength recently. Small caps and tech have been leading the way which, in the case of small caps, can be bullish sign. When we look under the hood we see that share buybacks still dominate the demand side but this time it’s because of tax reform and less about low interest rates. Many things to consider before getting too bullish.
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Finally,,,,,,,,,,Rand Paul…….is holding hearing on endless war……….
Maybe , some in the House will have enough balls, to speak for the People,
Enough is enough…..War is endless, and we need to stop the joke of pretending we are doing anything but spending money for nothing, except feeding the politicians and war machine Lockheed Martin for one………..
https://www.zerohedge.com/news/2018-06-05/sen-paul-hold-hearing-unauthorized-wars-effect-federal-spending
Bring ALL the troops HOME, and put them on the boarder …….Pick up the trash in the streets if necessary……fill the pot holds, and let the work building our infrastructure …
pot holes…..
The CIA is the biggest drug dealer in the world and wants our troops in Afghanistan to protect the poppy fields.
I agree with your statement……..time to end the Shadow Govt…..CIA
people need to get a handle on this one……The sheeple are still asleep
$21 Trillion missing, and people are not thinking.
Of course, if you ended the CIA……there would be 4million people who would need to get a real job……
We have spent years building the reputation as the great satan, why would we throw that away now?
We must learn to serve our masters, and be happy about it.
LOL………..no master but one……..and satin ain’t it………
Doc, the economy may be weak but there will always be a surplus of fools in the world who will keep on smoking. Now the tobacco companies have all just gone down 33%. Look at PM, MO, IMBBY, and BTI. As you used to recommend Pall Malls to your patients do you think we should buy BTI, who sells Pall Mall, Camels, Kent, Viceroy, Kool, Dunhill, and Rothmans ?
It yields 5%.
BB; all of these stocks look like they might rally in the short term but the path of least resistance looks down. However, having said that, it looks to me that IMBBY has the most potential in the medium term. I would believe it gets support at a price right around 30. IMO, the rest of them could be in a world of hurt for the next few months. Thanks for the alert; I’m putting IMBBY on my watch list and may take a position right around 30 bucks. Does it have a dividend?
Doc, I inherited some IMBBY from my mom. I had her buy it many it years ago for the dividend. The dividend is between 4 and 6%, depending on the coversion rate of British pounds to dollars. IMBBY is the biggest importer of Cuban cigars. But analysts seem to think BTI has more growth and better cigarette brands, and a 5% yield. Why do you prefer IMBBY?
BB; just looking at the technicals. It looks like BTI technically could fall a lot further then IMBBY.
Doc, IMBBY has some good brands: WInston, Salem, Kool, and John Player(smoked by James Bond), as well as half the company that exports all the Cuban cigars. And if youcan buy it at 30 you would have a big yield too.
To be fair, I quite like the odd cigarette
LIKE GIVE ME A BREAK………A coffee break…….who in the world needs another 1%er running things……..more jewish cabal….
https://www.zerohedge.com/news/2018-06-05/2020-presidential-race-preview-howard-schultz-one-ups-trump-battle-billionaires
I will have to say, after a little study…..he did work his tail off……….
Detroit , Flint….Gary….Baltimore…….will all like this one………
Hold on to your Jewels………..Obama got his…….Suitcase Full…….
https://www.zerohedge.com/news/2018-06-05/saudi-government-gave-obama-aides-suitcases-full-jewels-says-ex-official
More free lunches……..apricot diamonds…….
Saudi Arabia gave White House aides jewellery worth hundreds of thousands of dollars in large suitcases, according to Ben Rhodes, former speechwriter and deputy national security adviser in the Obama administration.
The trip to Saudi Arabia was the beginning of Obama’s first tour of the Middle East as president, and preceded his famous Cairo speech which he intended as a message to the Muslim world.
Rhodes says at first he thought the bagged treasure was a bribe, to influence him as he wrote Obama’s speech.
However, he soon learned he was not the only member of the delegation to be lavished with such expense.
“We all got suitcases full of jewels,” the former aide told the Guardian newspaper.
“We all gave them to the state protocol office who handles gifts. You have the option to buy the gifts, but given the price – I don’t remember what it was but it was tens of thousands, I believe – no one kept them that I recall.”
Valued guests
The State Department’s register notes the Saudis gave Rhodes “one pair of silver cufflinks, one male watch, one female watch, one silver pen, and one diamond jewellery set including earrings, a ring, and a bracelet, presented in a green leather case”.
It justifies the acceptance of such gifts by saying “non-acceptance would cause embarrassment to [the] donor and US government
Bushy gets Weeds……..and Obama gets diamonds studs………… LOL
long ROKU