Below are the valuation targets for Ryder Systems Inc. (R) for the next 10 years. Continue reading
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Author Archives: nlo-admin
Chart of the Day: iFresh Inc.
According to Yahoo!Finance, “iFresh Inc. operates a network of grocery supermarket chains in the north-eastern United States. The company's chains provide vegetables, seafood, meat, fruits, snacks, seasonings, and other products.”
The Study of Failure
"The good things we do in this world take care of themselves; it’s the mistakes that we can potentially learn most from (Russell, Richard. Dow Theory Letters. January 16, 1976. Page 2.)."
Posted in Chart of the Day, IFMK, The Study of Failure
Swiss National Bank Downside Targets
From the stunning peak of $8,700 in April 2018, Swiss National Bank has declined –36.78% as of November 13, 2018. What might be different about this time, versus when SNBN was at $4,449 or $5,940 is that when the price declined it never achieved the conservative downside target of the Speed Resistance Lines [SRL].
| peak | extreme | mid-range | conservative |
| $8,700.00 | $2,900.00 | $3,657.00 | $4,414.00 |
| $4,449.00 | $1,483.00 | $2,240.00 | $2,997.00 |
| $5,940.00 | $1,980.00 | $2,737.00 | $3,494.00 |
The latest decline has hit the conservative downside target at $4,414 and is in the process of retesting that level, as seen below.
Watch the $5,500 level closely as a continued decline could have broad reaching impact on some popular tech stocks.
Posted in Edson Gould, SNBN, Speed Resistance Lines, SRL
Allstate 10-Year Targets
Below are the valuation targets for Allstate Corp. (ALL) for the next 10 years. Continue reading
ConAgra 10-Year Targets
Below are the valuation targets for ConAgra (CAG) for the next 10 years. Continue reading
Avery Dennison Corp. 10-Year Targets
Below are the valuation targets for Avery Dennison Corp. (AVY) for the next 10 years. Continue reading
Chart of the Day: Sanchez Energy
According to Yahoo!Finance, “Sanchez Energy Corporation, an independent exploration and production company, focuses on the acquisition and development of U.S. onshore unconventional oil and natural gas resources.”
The Study of Failure
"There never was a mistake made in the market that I couldn’t imagine making myself (Russell, Richard. Dow Theory Letters. January 16, 1976. Page 1.)."
Posted in Chart of the Day, SN, The Study of Failure
General Mills 10-Year Targets
Below are the valuation targets for General Mills (GIS) for the next 10 years. Continue reading
Posted in 10-year Targets, Altimeter, GIS
Chart of the Day: Avinger Inc.
According to Yahoo!Finance, “Avinger, Inc., a commercial-stage medical device company, designs, manufactures, and sells image-guided and catheter-based systems used by physicians to treat patients with peripheral arterial disease (PAD) in the United States and Europe. It develops lumivascular platform that integrates optical coherence tomography visualization with interventional catheters to provide real-time intravascular imaging during the treatment portion of PAD procedures.”
The Study of Failure
"I’ve often stated that I’ve learned more studying other advisors’ mistakes than I’ve learned from watching their successes (Russell, Richard. Dow Theory Letters. January 16, 1976. page 1.)."
Posted in AVGR, Chart of the Day, The Study of Failure
Lockheed Martin 10-Year Targets
Below are the valuation targets for Lockheed Martin (LMT) for the next 10 years. Continue reading
Chart of the Day: Iconix Brand Group
According to Yahoo!Finance, “Iconix Brand Group, Inc., a brand management company, owns, licenses, and markets a portfolio of consumer brands across the women's, men's, and home industries in the United States and internationally. The company's brand portfolio includes Candie's, Bongo, Joe Boxer, Rampage, Mudd, London Fog, Mossimo, Ocean Pacific/OP, Danskin/Danskin Now, Rocawear/ Roc Nation, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter, Waverly, Ecko Unltd/Mark Ecko Cut & Sew, Zoo York, Umbro, Lee Cooper, and Artful Dodger brands.”
The Study of Failure
"Personally, I hate to make mistakes about the market, but I dislike even more the oft-practiced policy of making mistakes and then pretending they never happened (Russell, Richard. Dow Theory Letters. January 16, 1976. page 1.)."
Posted in Chart of the Day, ICON, The Study of Failure
Chart of the Day: Molycorp Inc.
According to Bloomberg.com, “Molycorp, Inc. produces and sells rare earths and rare metal materials in the United States and internationally.”
The Study of Failure
“Mistakes are there for us to learn by (Russell, Richard. Dow Theory Letters. January 16, 1976. page 1.).”
Posted in Chart of the Day, MCP, The Study of Failure
Dow’s theory on Fair Disclosure
In this piece, Dow is a leading advocate for frequent and full disclosure for greater clarity to all investors. This was a concept that was relatively unheard of at the time.
"It is in a high degree important for all interests that this market should be made as fair for the outsider as possible. Nothing will promote fairness so much as reasonable frequency in the publication of the profits which the company decides belong to stockholders. It is to the interest of every investor, every speculator and every broker that this should be done. It may possibly lessen the business of some houses to be obtained from insiders, but their loss will be more than made good by the breadth and permanency of a market in which outsiders have a fair chance (Dow, Charles H. Wall Street Journal. Review and Outlook. March 7, 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.”
Posted in Dow's Value Theory
Chart of the Day: Westell Technologies
According to Yahoo!Finance, “Westell Technologies (WSTL), Inc., through its subsidiary, Westell, Inc., designs and distributes telecommunications products to telephone companies in the United States. The company operates through three segments: In-Building Wireless (IBW), Intelligent Site Management and Services (ISMS), and Communications Network Solutions (CNS).”
The Study of Failure
“The great destroyer of stock market analysts is their own pride of opinion. Pride has ruined more so-called market experts than has any other single character defect. The public, in its innocence, all too frequently mistakes the analyst’s pride for ‘intelligent confidence’ or 'steadfastness.’ So the public’s losses are often linked to the analyst’s defective prophecies (Russell, Richard. Dow Theory Letters. March 28, 1975. page 1.).”
Posted in Chart of the Day, The Study of Failure, WSTL
Review: Becton, Dickinson 1998-2018
In our posting from November 8, 2018, we outlined the expected overvalued, fair valued, and undervalued ranges from 2019 to 2029. This posting will graphically represent the period from 1998 to 2018 with the overvalued and undervalued ranges and contrast those ranges with the price of the stock.
Posted in 10-year Targets, Altimeter, BDX