OUR FAVOURITE ETF’s
TYPE
Earning growth past 3 years
Earning surprise past 3 quarters
Expected growth next 3 years
FORWARD PRICE/EARNING (P/E) RATIO
PEG RATIO
SYMBOL
MANAGMENT EXPENSE RATIO (MER)
PRICE TARGET 2018
PRICE TARGET 2020
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POTENTIAL RETURN FROM FEBRUARY 9, 2018 LOWS
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POTENTIAL RETURN FROM FEBRUARY 9, 2018 LOWS
HOW LOW CAN WE GO? IS S&P 500 AT 2330 POSSIBLE?
We think S&P 500 is due for a major leg down right up to 2330 region and we are possibly going to test it before 2020 US Presidential elections. It's not such a wild idea in the current environment as we are only 12% from the 200 weekly average. Every 4-5 years,...
MARKET SELL-OFF WORSENING
Source: Yahoo Finance Market sell-off has picked up momentum. Good news is that we have tested the October lows. Bad news is that there is no respite. We have not seen any pull back on high volume. High fliers such as FAANG stocks have lost almost 1 trillion value...
MONEY FLOW- Why does it matter?
Momentum traders have been caught by surprise to see high fliers stocks such as AMAZON AND NETFLIX selling so heavily. Reason is not looking in the front but instead driving while looking at the rear view mirror. Majority of the investors have been looking at the...
NASDAQ IN CORRECTION TERRITORY AGAIN. ANOTHER PULLBACK
All indexes experienced severe selling the past week. What is remarkable is though that Nasdaq and Small Caps experienced a correction of more than 10%. Significantly, all the indexes closed above the 200 day moving average, and that too in strong volume. We may test...
AMAZON REPORTS STELLAR EARNINGS FOR Q1 2018
Amazon Inc. reported stellar earnings on Thursday afer market. The stock was up almost 10% after market hours. Net earnings for Q1 have doubled over the past year and are at $1.6 billion dollars currently. It has seen strong growth especially from AWS cloud sector and...
MAJOR INDEXES FAIL TO GO PAST 50 DAY MA
S&P 500 and other indexes such as Dow Jones and Nasdaq failed to go past 50 day moving average. This likely sets us up for a 200 day moving average touchdown. On the past 3 occasions, the 200 day moving average has provided good support to the markets as the...
10 Year Bond Yields Approaching 3%
10 year bond yield has spiked up and reached a 4 year high of 3% today. 10 year yield has not seen yield of 3% since January 2014. Also noticeable is that the 2 year bond yield has risen upto 2.5%. Thus the spread is only 0.5% between the 2 year and 10 year yield....
S & P 500 Checks 200 Day Moving Average Again
S & P 500 bounced off 200 day moving average again today. 40 week average or 200 day MA, which can be used interchangeably, is at 2618.89. At the time of writing this post, the market saw a low of 2617.32 today. Key level to watch is 2710 as this has proven to be...
Amazon Tops 100 Million Prime Subscribers
Amazon has crossed more than 100 million Prime subscribers. At $99 yearly membership cost, Amazon makes almost 100 million dollars yearly from Prime membership alone.
Dance Around 50 day MA
S & P 500 has broken above 50 day moving average on open today. That's a huge come back for the market. This potentially means good short term play for the near future. With strong earnings season on the cards and significant fear and selling since February, we...
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