UPL Limited Downside Targets

This posting will cover the downside targets for UPL Limited using Edson Gould’s Speed Resistance Targets.

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Analyst Estimate: TSX 60

Below are the price projections for the TSX 60 stocks based on analyst LOW earnings estimates in the coming year. These estimates project the price change for the respective stocks over the next 12 months.

Detail on Disney (DIS) Covered Call Strategy

We got a great question from our reader on why we executed the Covered Call strategy on Disney (DIS).

What’s the reasoning behind selling a covered call while long the stock?

Here are our rationales and supporting data we can provide. Continue reading

U.S. Dividend Watch List: February 2, 2024

The market continue its uptrend trajectory and is up 4.5% for the year and we are only one month through. Leading the market higher are the Nasdaq which gained 5.8%. However, the lagging area is small cap or Russell which dropped 2.5%. Below is the watch list for this week. Continue reading

Analyst Estimates: Nasdaq 100

Below are the price projections for Nasdaq 100 stocks based on analyst AVERAGE earnings estimates. These estimates project the price change for the respective stocks over the next 12 months.

Review: Dogs of the TSX 60

Below is the Year to date performance of the Dogs of the TSX 60.

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Balance Sheet Unwind and Dow Theory

On February 2, 2024, we said the following:

“True bears aren't impressed with this faux low in the Fed's Balance sheet. Neither are we. However, the lower it goes, the less government crowding out, the more markets boom.”

We also included the following posting to support our view:

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Walmart Stock Split–Historical Performance

Walmart announced that it will split its stock 3-for-1 after the market close on February 23. We take a look at historical performance after each split. Continue reading

Hormel Foods Price Momentum Indicator

Below is Hormel Foods (HRL) from 1990 to 2024 applying the Price Momentum Indicator.

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Dow: Spanish Flu vs. Covid-19

A comparison between the Dow Jones Industrial Average during the Spanish Flu Pandemic and the Covid-19 Pandemic. Continue reading

Albemarle Corp. Price Momentum Indicator

Below is Ablemarle Corp. (ALB) from 1995 to 2024 applying the Price Momentum Indicator.

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Market Return After Exceptional Year – 2023

It’s no secret that 2023 was an exceptional year to be long the market. S&P 500 gained 23.8% while the Dow Jones Industrial Average rose 13.7%. In this review, we review the historical return of the subsequent year after a strong market uptrend. This frame work provide an objective view for market performance from historical pattern. For more on this work, review or original post here. Continue reading

Tesla Downside Targets

Below is a chart of Tesla Inc. (TSLA) from 2019 to 2024, reflecting Edson Gould’s Speed Resistance Lines.

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U.S. Dividend Watch List: January 19, 2024

The market picked up steam this week as the S&P 500 rose to its all-time high and push YTD gain to 2%. We will keep an eye out for Nasdaq to see if it can achieve all-time high level of 16,000. Despite strong up swing, there are more companies showing up on our watch list. Continue reading

Crude Oil Price Momentum

Below is a chart of Crude Oil from 2022-2024, reflecting Price Momentum data.

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