Below are the valuation targets for AT&T (T) for the next 10 years. Continue reading
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Author Archives: nlo-admin
Chubb Limited 10-Year Targets
Below are the valuation targets for Chubb Limited (CB) for the next 10 years. Continue reading
Chart of the Day: DropCar Inc.
According to Yahoo!Finance, “DropCar, Inc. provides app-based automotive logistics and mobility services for consumers and the automotive industry. The company offers Vehicle Support Platform, a cloud-based platform and mobile app that help consumers and automotive-related companies in reducing the cost, hassles, and inefficiencies of owning a car or fleet of cars in urban centers.”
The Study of Failure
"...I bought Berkshire Hathaway at $250 in the late-1960s. I sold it a few years later for $550, proudly doubling my money. Then I watched it go to a high of $9,950. It was a classic case of what I call losing while winning (Russell, Richard. Dow Theory Letters. September 2, 1992. page 5.)."
Berkshire Hathaway (BRK-A) is at $328,350.00 as of November 16, 2018.
Posted in Chart of the Day, DCAR, The Study of Failure
Facebook Downside Targets
Below are the downside targets for Facebook (FB) based on the decline from the July 25, 2018 peak at $217.50. Continue reading
Posted in downside, Edson Gould, FB, parabolic
Apple Inc. Downside Targets
On April 14, 2012, we provided the following downside targets for Apple Inc. (AAPL):
| pre-split price | post-split price |
| $424.15 | $60.59 |
| $297.43 | $42.49 |
| $212.08 | $30.30 |
| $117.05 | $16.72 |
Along with the downside targets we included a charting of the expected levels, as seen below on a split adjusted basis:
On July 17, 2013, we said the following of of Apple:
“Currently, Apple is demonstrating a basing pattern that if successful, could result in a breakout to the upside. At the current levels, we wouldn’t be opposed to buying some shares of Apple with the expectation that the stock could decline an additional –25% to –35%.”
Since July 17, 2013, Apple’s price has seen the following breakout to the upside:
Below are the Speed Resistance Lines based on the work of Edson Gould as of November 19, 2018. As has been the case in the past, we can only be confident of the conservative downside target being achieved. Continue reading
Posted in AAPL, downside, Edson Gould
Chart of the Day: MoSys Inc.
According to Yahoo!Finance, “MoSys, Inc., a semiconductor company, develops and sells integrated circuits (ICs) for the high-speed cloud networking, communications, security appliance, video, monitor and test, data center, and computing markets.”
The Study of Failure
"Successful investing is a lifelong process. Some years are better than others, and it is a mistake to denominate financial progress into 12-month periods. A lifetime of successful investing requires a lifetime to accomplish (Russell, Richard. Dow Theory Letters. Geraldine Weiss on Investing. January 22, 1992. page 3.)."
Posted in Uncategorized
Chart of the Day: Revolution Lighting Technologies
According to Yahoo!Finance, “Revolution Lighting Technologies, Inc. designs, manufactures, markets, and sells light-emitting diode (LED) lighting solutions focusing on the industrial, commercial, and government markets in the United States, Canada, and internationally.”
The Study of Failure
"Everybody is wrong on the market at certain times, and that's par for the course. It's OK to be wrong, but the unforgivable act is to STAY wrong (Russell, Richard. Dow Theory Letters. January 8, 1992. page 5.)."
Posted in Chart of the Day, RVLT, The Study of Failure
U.S. Dividend Watch List: November 16, 2018
The S&P 500 was down 1.3% for the week. One positive sign was the fact that the market didn't close below 2,700 level. From the technical perspective, a 2,800 level is a crucial one for the upward bias to continue. If the market can break above that level, the all-time high would likely be the next stop. Below are companies that are on our watch list for this week. Continue reading
Posted in Dividend Achiever Watch List, Dividend Achievers, Dividend Watch List
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Travelers Companies 10-Year Targets
Below are the valuation targets for Travelers Companies (TRV) for the next 10 years. Continue reading
T. Rowe Price 10-year Target
Below are the valuation targets for T. Rowe Price (TROW) for the next 10 years. Continue reading
ExxonMobil 10-Year Targets
Below are the valuation targets for ExxonMobil (XOM) for the next 10 years. Continue reading
People’s United Financial Inc. 10-Year Targets
Below are the valuation targets for People’s United Financial Inc. (PBCT) for the next 10 years. Continue reading
Posted in 10-year Targets, Altimeter, PBCT
Chart of the Day: Rennova Health Inc.
According to Yahoo!Finance, “Rennova Health, Inc., together with its subsidiaries, provides a suite of healthcare related products and services to healthcare providers in the United States. The company operates in three segments: Laboratory Services, Supportive Software Solutions, and Decision Support and Informatics Operations. It provides toxicology, clinical pharmacogenetics, and esoteric testing services. The company also offers Advantage, a HIPAA compliant software; Clinlab, a Windows-based Web-enabled laboratory information management system; and Medical Mime, a suite of solutions, which include an optimized Electronic health records (EHR) for substance abuse and behavioral health providers, a dictation-based ambulatory EHR for physician practices, and advanced transcription services. In addition, it develops and markets interpretation and decision support solutions that enhance cancer diagnoses and treatment through actionable data analytics and reporting for oncologists and their patients.”
Rennova Health traded from November 21, 2008 to January 2018 at –99% below the price of the peak established in 1995.
The Study of Failure
"The marvelous thing about the stock market is this--it's always there. Make a mistake, and you can call your broker and blow out that mistake in 30 seconds (try doing that in your own business). Miss a move, and it's just a matter of time before a second and a third and a fourth opportunity arrives. Sell too soon, and you can buy back in a few minutes. (Russell, Richard. Dow Theory Letters. May 15, 1991. page 3.)"
Posted in Chart of the Day, RNVA, The Study of Failure
Dow’s theory on Dividend Payout Ratio
Charles H. Dow discusses reasonable dividend payout ratio:
“Common stocks can hardly be expected to sell up to the same level of return of the greater insecurity of dividends. Union Pacific may earn 5% or more on the common stock, but it does not follow that 5% will be paid, and if it were paid, the price would still reflect the knowledge, that whenever earnings decrease the loss would fall upon the common stock. It would perhaps be fair to reason that a common stock on which 5% was being earned would sell at something like a 3% level of value (Dow, Charles H. Wall Street Journal. Review and Outlook. March 27, 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).”
Posted in Dow's Value Theory
Chart of the Day: Delcath Systems Inc.
According to Yahoo!Finance, “Delcath Systems, Inc., an interventional oncology company, focuses on the treatment of primary and metastatic liver cancers. The company is developing melphalan hydrochloride for Injection for use with the Delcath hepatic delivery system to administer high-dose chemotherapy to the liver.”
Worth noting is the point when Delcath Systems reached a decline of –99% from the peak by June 2014. That means that for the last 4 years, the stock has been trading –99% below the peak.
The Study of Failure
"Investing is 'a business of making mistakes--the only difference between the winners and the losers is that the winners make small mistakes while the losers make disasterous mistakes. (Russell, Richard. Dow Theory Letters. February 6, 1991. page 2.)'"
Posted in Chart of the Day, DCTH, The Study of Failure