News: $10B share repurchase following signal from Fed's stress test results and stimulus progress.
Fundamentals: P/E Ratio 10.83 Div/Yield 2.18 P/B 0.956
Indicators/Patterns: Fib-based trend time, Fib-based trend extension, RSI, Pivots, Rate of Change
It appears as though we started a new bullish trend during the first week of December, but the RSI will need to breakout of channel to confirm, and top line of megaphone will become support (from resistance).
Unum is an insurance company that is listed on the S&P 500 Index . In October 1992, their TTM income was about $250,000,000, and their most recent quarter TTM income is just shy of $1,000,000,000. However, their value derives from their P/E ratio , for that is about 5, the same value of the S&P 500 index's all-time-low P/E ratio (which occurred around 1929). Their...
This company's fundamentals are solid - they are literally the best of all the companies listed on TradingView, and they are active in big data and artificial intelligence. Long-term, I expect this stock to reach it's IPO price. I will be buying shares and calls.
Dividend Yield 4.88%
Net Margin 27.23%
Most cryptocurrencies mimic Bitcoin's movements, and Ethereum is no outlier. Bitcoin is nearing it's zenith as the US Federal Reserve continues to pump money into the economy and hedge-funds are seeking alternatives since interest rates are near rock-bottom and certain assets in the credit market, like bonds, are no longer profitable and equities future are...
Lumen Technologies $LUMN, formerly CenturyLink, is a telecommunications company that was founded in 1930 that investors ditched a few years ago because they thought that the firm only sold dial-up internet. Welcome to 2020 you old farts! Lumen is connected world-wide via it's growing fiber-optic network with fiber to the premises speeds up to 1000 MBPS. Though...
The S&P 500 index reached zeniths several times in the past three years while the RSI oscillator has experienced a decreasing trend. This is classical bearish divergence and could indicate an impending correction. Besides this technical, sentiment is generally bearish, as unemployment remains high, global trade talks stagnant, and monetary policy (or stimulus...
These are the top yielding securities in the equities market: NASDAQ:AAPL SOXL TSLA AMEX:FNGU NASDAQ:TQQQ NASDAQ:AMZN and AMEX:LABU . All of the exchange-traded funds are 3x leveraged (make sure that you understand how these work) and have the potential to be volatile. Also, Tesla and Amazon may be in a bubble.
Let's see TVC:SPX crash by November (election month) of this year. Note that the 333 moving average acts as support; it acted as support during the subprime mortgage crisis as well as during the collapse of the Bretton Woods System in 1973-1974. As Donald Trump slowly loses his support to Joe Biden, the stock market will slyly collapse to the level that it was...
Significant level's include financial crisis of '07, '08 & dot.com bubble highs, subprime mortgage crisis low, and a theoretical number were the index to contract as much as it did during the Great Depression/Wall Street Crash of 1929.