On the News Front Early in the trading session this past Friday (March 22nd) the 3-month Treasury bill yield & the 10-Year Treasury Bond yield inverted. As of this writing, the 3-month Treasury yield & the 10-yr yield are sitting at 2.455% and 2.442% respectively. Subsequently, this inversion took center-stage on the news outlets for the day. The ‘big deal’ associated with the inversion of the yield curve is that it has been a recurrence […]
Micron Technology (MU) Follow-Up Summary Last week I penned an analysis on Micron Technology (that I had been meaning to get around to) here; https://thebearishbulls.com/2019/03/04/micron-technology-inc/. Throughout this follow-up, we’ll take a look at how it’s moved over the past week, seeing as I’m under the impression we’re finally seeing news-related movement rather than the upward passive-movement we’ve seen through it’s rise from the sub-$30’s in mid-December to the low $40’s peak over the past month. […]
Micron Technology, Inc. Executive Summary Micron (MU) is a manufacturer of high-performance memory & storage technology products with great returns on capital, attractive margins, growing product demand, and an impressive financial position (minimal liabilities) with a notable near-term catalyst. Despite Micron’s recent run up from $29 per share in late December to its current standing at $41.58 per share (a 43% rise), no insiders have sold shares. Additionally, Micron announced a $10 billion share buyback […]
Pretext The recent concern over the threat of another government shutdown related to the Border all resolution deadline this past Friday (Feb 15th) motivated me to look into the effects of past government shutdowns on the markets. As many are aware, the recent 2018-2019 governmental shutdown was the longest in history, spanning from December 22nd 2018 to January 25th 2019, running for 35 consecutive days. As pretext, this government shutdown resulted directly from Congress and […]
Back In The Spotlight One topic of conversation that has garnered interest over the past couple weeks has been that of stock buybacks and questioning their acceptance in the markets today. The conversation surrounding this topic has been around since stock buybacks were allowed to begin again in 1982 thanks in large part to the Reagan administration. Prior to 1982, stock buybacks were banned on the premise that they were largely considered to be a […]
Throughout this post I’ll introduce some of these indicators & share my thoughts on others. While this list doesn’t encompass every leading or lagging indicator, it’ll highlight a bunch of ones I’ve ran across over the past few years. Also to note, I typically review the release of many of the reports related to these indicators via Econoday. Economic Leading Indicators: Purchasing Managers Index (PMI) – Reported monthly based off data collected from purchasing executives from […]
Fundamentals (Part Deux) To follow up on Part 1 of this series on Fundamental Analysis tools, throughout this post I’ll touch on Return on Assets (ROA), Return on Equity (ROE) & Return on Total Capital (ROTC) & explain their importance along with how to use these measurement tools. If you haven’t checked out the first part of this series, I’d definitely recommend it prior to jumping into this post. A couple terms to be familiar with […]
Fundamental Tools Explained With the way the market has moved throughout the year & the unreliability seen amongst the biggest names of the past decade, I figured I’d start a series of posts to touch on some of the most common fundamental analysis tools that anyone can use to analyze the value of a stock’s current price. Fundamental Analysis Fundamental Analysis in a nutshell involves analyzing a company’s financial statements in order to assess the […]
To add to the previous informative post on Order Types, I’ll be posting a series of additional informational articles on different investment “vehicles” (i.e. types of investments). Over the next couple of my posts, I’ll be looking to cover the various types of stocks, bonds, mutual/hedge funds, Index/Exchange-Traded funds, & Real Estate Investment Trusts/Private Equity investments along with various ways of breaking each down to into further categories for a deeper level of classification. As […]
Hey everyone, About a year & a half ago, I opened my own personal stock portfolio to gain some exposure to the markets & practice utilizing some concepts I had learned about through the CFA licensing I’ve been pursuing for a little under 2 years now. Throughout that year & a half that followed opening my personal stock portfolio, I learned a lot, to say the least. The market is a cruel mistress that can […]