Below are the valuation targets for Accenture (ACN) for the next 10 years. Continue reading
- Japan
- Market Indicator
- Price Momentum Indicators
- Richard Russell
- Silver
- Speed Resistance Lines
- U.S. Dividend Watch List
Applied Industrial Technologies 10-Year Targets
Below are the valuation targets for Applied Industrial Technologies (AIT) for the next 10 years. Continue reading
Texas Instruments 10-Year Targets
Below are the valuation targets for Texas Instruments (TXN) for the next 10 years. Continue reading
Nordson 10-Year Targets
Below are the valuation targets for Nordson (NDSN) for the next 10 years. Continue reading
Helmerich and Payne 10-Year Targets
Below are the valuation targets for Helmerich and Payne (HP) for the next 10 years. Continue reading
Commodity Index Review: January 2019
Below we review the Bloomberg Commodity Index (BCOM) and upside resistance targets. Continue reading
Chart of the Day: Pier 1 Imports
According to Yahoo!Finance, “Pier 1 Imports, Inc. engages in the retail sale of decorative accessories, furniture, candles, housewares, gifts, and seasonal products.”
The Study of Failure
“The committee reported that the intervention board responsible for storing food mountains had completed only seven of the planned twenty-six computer systems. The board's officials admitted that their original plans had been over-optimistic and there had been a failure of management. Computer delays in handling export refunds and levies had cost Britain an extra Pounds 5 million. ("Farm subsidy scheme `is open to fraud'; Parliament." Times [London, England], 29 Nov. 1990. Infotrac Newsstand. Accessed 17 Dec. 2018.).”
Posted in Chart of the Day, PIR, The Study of Failure
Dover Corp. 10-Year Targets
Below are the valuation targets for Dover Corp. (DOV) for the next 10 years. Continue reading
Sherman-Williams 10-Year Targets
Below are the valuation targets for Sherman-Williams (SHW) for the next 10 years. Continue reading
General Dynamics 10-Year Targets
Below are the valuation targets for General Dynamics (GD) for the next 10 years. Continue reading
DJIA: Upside Targets Update
On January 1, 2019, we provided upside and downside targets for the Dow Jones Industrial Average. Below is the update to the upside targets for the DJIA. Continue reading
Nasdaq Coppock Curve: January 2019
Below is a charting of the “buy” indications of the Coppock Curve and Nasdaq Composite from February 1973 to January 2019. We have contrasted Coppock Curve “buy” signals with the performance from 1973 to the present to verify the market’s performance 12, 24, 36, and 48 months after each signal is given. While the results are favorable, we always recommend focusing on any negative or contrary indications. An interesting gold and Nasdaq comparison from 1971 to 2018, can be found here. Continue reading
Chart of the Day: PAVmed Inc.
According to Yahoo!Finance, “PAVmed Inc. (PAVM) operates as a medical device company in the United States. The company's lead product pipeline includes CarpX, a percutaneous device to treat carpal tunnel syndrome; PortIO, an implantable intraosseous vascular access device; and DisappEAR, an antimicrobial resorbable ear tube. The company was formerly known as PAXmed Inc. and changed its name to PAVmed Inc. in April 2015. PAVmed Inc. was founded in 2014 and is based in New York, New York.”
The Study of Failure
“He cited bad management, failure to learn from the lessons of the past, highly-geared buy-outs, and buying assets at too high a price as major reasons for failure. ("Failures among firms grow." Guardian [London, England], 24 Oct. 1990, p. 20. Infotrac Newsstand, Accessed 17 Dec. 2018.).”
Posted in PAVM, The Study of Failure
PG&E: Bankruptcy Was All Too Predictable
On January 14, 2019, it was announced that PG&E (PCG) would file bankruptcy on January 29, 2019.
All along, we have felt that the actions of PG&E shortly before their bankruptcy filing in 2001 was done in the most disingenuous fashion reflecting their culture. This explains why we posted a September 4, 2011 blurb titled “PG&E Fleeces Investors and Consumers Alike.”
We expect that PG&E will easily achieve the 2001 low. When and if PG&E emerges from bankruptcy, we believe that any short-term gains are not worth the long-term instability that is a common feature of the company and the stock.
Posted in PG and E, The Study of Failure
Chart of the Day: NTN Buzztime
According to Yahoo!Finance, “NTN Buzztime, Inc. provides interactive entertainment and dining technology to bars and restaurants in the United States and Canada. The company was formerly known as NTN Communications, Inc. and changed its name to NTN Buzztime, Inc. in 2005. NTN Buzztime, Inc. was founded in 1983 and is based in Carlsbad, California.”
The Study of Failure
“We are all unwitting victims of the failure prejudice - believing that there is no value in being wrong. (Levine, Frederic A. "WESTCHESTER OPINION; Failures Offer Lessons on Winning." New York Times, 7 Jan. 1990. Infotrac Newsstand. Accessed 17 Dec. 2018.).”
Posted in Chart of the Day, NTN, The Study of Failure