Below is the Dogs of the TSX 60 for 2024 with the breakdown of the other categories that we track. Continue reading
- Japan
- Market Indicator
- Price Momentum Indicators
- Richard Russell
- Silver
- Speed Resistance Lines
- U.S. Dividend Watch List
Author Archives: nlo-admin
2024 Dogs of the Dow
Below is the Dogs of the Dow for 2024 with the breakdown of the other categories that we track. Continue reading
Buybacks, Maybe?
Q: “Maybe low yield out performs because instead of dividends they are doing buybacks?”
NLO Market Indicator Revisit
We received a question from our member and wanted to revisit our market indicator:
Hi New Low – I have a question about the market indicators — right now, the buy is showing -5, and the sell is showing -1…. I’m not sure what this means because you say when the sell is -1, that’s a bearish indicator and a time to preserve cash, but the buy is showing quite bullish at -5 (given you say it’s a time to be bullish at -6).
The market indicator is our proprietary model that combines various data into a single model with the intention of identifying inflection points in the market. Continue reading
2024 Penultimate Profit Prospect
2024 Penultimate Profit Prospect and our Alternative Continue reading
2023 Review: Dogs of the TSX 60
On January 2, 2023, we said the following:
“…the low yield stocks have the better growth potential and when we consider that it is looking like a toss-up when choosing between the two, we'd rather opt for the growth component of the dividend paying stocks.”
The results of the 2023 performance are instructive. Continue reading
2023 Review: Dogs of the Dow
On January 3, 2023, due to being overseas, we posted the Dogs of the Dow list with the alternate rankings of the stocks, without commentary. Below we have posted the performance of the respective categories. Continue reading
Transaction Alert
We executed the following transaction(s): Continue reading
U.S. Dividend Watch List: December 22, 2023
December has been a strong month thus far and this Santa Claus rally could push the market to all-time high by end of 2023. This rally pushed many companies our of our range for the watch list. As a result, the number of companies reduced dramatically from a month ago. Below is the last dividend watch list for the year. Continue reading
Dow Jones Utility Average Price Momentum
Below is a chart of Dow Jones Utility Average, reflecting Price Momentum data.
Coppock Stock: November 2023
November was an astonishing month as equities rebounded from their October losses. The Coppock Curve provided us with some good companies as well as major index to consider.
At the end of November 2023, there are 7 companies and 1 major index with ‘Buy’ signal. Continue reading
Transaction Alert
We executed the following transaction(s): Continue reading
Posted in Uncategorized
U.S. Dividend Watch List: November 24, 2023
It has been a strong November for the market as major indexes rebounded toward year end. S&P 500 is approaching 4,600 level and up nearly 20% for the year. Nasdaq rose 37% YTD. The weakest area is small cap with Russell 2000 up only 3%. Continue reading
Disney (DIS)–Fundamental Review
Disney (DIS) shares struggled over the past 5 years. The house of Mickey saw a rapid dropped from $160 to $85 in 2020 from impact of COVID. Shares quickly reached all-time high of nearly $200 in 2021. Since then, the entertainment conglomerate struggled to find its footing and we are setting in just below $90.
Share price aside, we wanted to explore one fundamental measure that shows sign of hope for long-term investor. That measure is Price to Book value. We utilized data from Valueline to get various metrics such as Price to Earning (P/E), Price to Cash Flow (P/CF), Price to Book (P/B) and Dividend yield. By far, the highest correlation to stock price is P/B. Our team ran a quick analysis of P/B, build out a historical range of low to high and compute conservative target of price target. Below is the chart for illustration. Continue reading
Gold Price Momentum Indicator
Since our January 16, 2023 posting, the price of gold has increased less than 3%.
This makes our commentary at the time seem appropriate when we said: Continue reading
Posted in gold, PMI, Price Momentum