Author Archives: nlo-admin

Ameriprise Financial 10-Year Targets

Below are the valuation targets for Ameriprise Financial (AMP) for the next 10 years. Continue reading

Assurant Inc. 10-Year Targets

Below are the valuation targets for Assurant Inc. (AIZ) for the next 10 years. Continue reading

American Equity Investment Life Holdings 10-Year Targets

Below are the valuation targets for American Equity Life Holdings (AEL) for the next 10 years. Continue reading

AmerisourceBergen 10-Year Targets

Below are the valuation targets for AmerisourceBergen (ABC) for the next 10 years. Continue reading

Chart of the Day: Netshoes Limited

According to Yahoo!Finance, “Netshoes (Cayman) Limited, through its subsidiaries, operates as a sports and lifestyle online retailer in Brazil and internationally.”

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The Study of Failure

“The IVEX Dam (Chagrin River, northeastern Ohio) failed catastrophically on 13 August 1994, releasing 38,000 [m.sup.3] (about 10 million gallons) of impounded water and sediment. This event was triggered by a 70-year rainfall event (13.54 cm of rainfall within 24-hours), resulting in flows 1.9 m above the top of the spillway and impinging on the top of the dam. The failure was the result of seepage piping at the toe of the dam, near the masonry spillway-earthen dam contact (EVANS, JAMES E., et al. "Lessons from a Dam Failure(1)." The Ohio Journal of Science, vol. 100, no. 5, 2000, p. 121. Academic OneFile, http://link.galegroup.com/apps/doc/A70361051/AONE?u=sfpl_main&sid=AONE&xid=cda9edfc. Accessed 10 Dec. 2018.).

H.B. Fuller 10-Year Targets

Below are the valuation targets for H.B. Fuller Company (FUL) for the next 10 years. Continue reading

Sensient Technologies 10-Year Targets

Below are the valuation targets for Sensient Technologies Corp. (SXT) for the next 10 years. Continue reading

U.S. Dividend Watch List: December 14, 2018

The market continues to struggle to find its footing and fell further this week. The S&P 500 broke through the crucial support at 2,650 and closed the week at 2,599. At this rate, we may see a Dow Theory bear market confirmation if the Dow break below 23,500 level.

Our watch list expanded tremendously through this correction. The best approach, one which we will follow, is to watch this market unfold. Utilize the watch list to identify potential long investments that you could see yourself holding through a bear market or at least 3-5 years out. Be patient and choose your entry point wisely. Continue reading

Chart of the Day: Naked Brand Group

According to Yahoo!Finance, “Naked Brand Group Limited designs, manufactures, and markets intimate, apparel, and swimwear products worldwide.”

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The Study of Failure

“Heart failure is thought to arise when the kidneys, "protected" by bilateral stenoses, fail to mount a pressure natriuresis to high arterial pressure. The syndrome is therefore characterised by fluid retention rather than ventricular failure (Brammah, Alison, et al. "Bilateral renovascular disease causing cardiorenal failure. (Lesson of the week)." British Medical Journal, 1 Mar. 2003, p. 489+. Academic OneFile. Accessed 10 Dec. 2018.).”

More failure assessments found here.

Robinhood Dangles the Lure

On Friday December 14, 2018, it was announced that Robinhood, a registered broker/dealer, would offer high yield accounts to customers, but then later retracted such claims after the regulator (SIPC) said they had no idea such a product was being considered and the funds wouldn’t be insured.

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Things can’t be good for the stock market in general if the most competitive way to draw in new customers isn’t with the prospect of market risk and potential gains but with “security” and savings, at a broker.

Dow’s theory on Past Performance

Change is the only constant, therefore present value is not future value

"There are a good many former towns in western Kansas which have become even less than villages.  Many dividend-paying investment stocks have, in the course of time, been reorganized out of existence.  Present value does not mean future value unless present conditions are maintained (Dow, Charles H. Wall Street Journal. Review and Outlook. May 26, 1900)."

Who was Charles H. Dow?

“Charles Henry Dow was an American journalist who co-founded Dow Jones & Company with Edward Jones and Charles Bergstresser. Dow also founded The Wall Street Journal, which has become one of the most respected financial publications in the world. He also invented the Dow Jones Industrial Average as part of his research into market movements. He developed a series of principles for understanding and analyzing market behavior which later became known as Dow theory, the groundwork for technical analysis (source: Wikipedia.org).”

Bitcoin: December 2018

After twelve months, the extent of the euphoria and devastation has been wrought on the price of Bitcoin.  Out of necessity, it is necessary to review what has happened since our January 17, 2018 posting (when Bitcoin was at $11,141) on the topic as this was the last assessment that was the most accurate, so far.  In that posting, we said the following:

“Anyone willing to participate in Bitcoin should be willing to accept that the price could easily decline –70%, as has been the average of all previous Bitcoin busts (found here).  Anyone who participates in anything other than Bitcoin should expect a minimum –90% to –99% decline if, at the same time, Bitcoin declines –70% or more.

“We see the current decline consistent with all prior crashes in Bitcoin and therefore see no reason to panic if you are out already.  Alternatively, if you are currently in Bitcoins, you should be willing to accept that the price routinely declines to the levels mentioned above.”

Again, this was that last best assessment we had. After this posting, we’ve had others that can be found in our Bitcoin archive which have been mostly accurate and a couple that have been dead wrong.  Below is the update on the topic of Bitcoin. Continue reading

CSX Corp. 10-Year Targets

Below are the valuation targets for CSX Corp. (CSX) for the next 10 years. Continue reading

CenterPoint Energy 10-Year Targets

Below are the valuation targets for CenterPoint Energy (CNP) for the next 10 years. Continue reading

Chart of the Day: SITO Mobile Ltd.

According to Yahoo!Finance, “SITO Mobile, Ltd. provides advertisement delivery, measurement and attribution, and consumer insights using its proprietary location-based marketing intelligence platform in the United States and Canada. The company was formerly known as Single Touch Systems, Inc. and changed its name to SITO Mobile, Ltd. in September 2014. SITO Mobile, Ltd. was incorporated in 2000 and is based in Jersey City, New Jersey.”

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The Study of Failure

“Despite his failure to foresee the August 1991 coup attempt and his loss of control of the direction of perestroika as a process, Gorbachev was a brilliant political chess master among the Soviet elite. However, he was not fully attuned to the plight of the common man and the depth of dissatisfaction with the government, especially outside Moscow (Blaney, John, and Mike Gfoeller. "Lessons from the failure of Perestroika." Political Science Quarterly, vol. 108, no. 3, 1993, p. 481+. Academic OneFile, http://link.galegroup.com/apps/doc/A14557928/AONE?u=sfpl_main&sid=AONE&xid=9381add2. Accessed 10 Dec. 2018.).”