David Sylvain

Posts Tagged 'modern boutique'

Levered Free Cash Flow Is Negative

From another point of view, the PE on the S&P 500 at 24.5 is 48% above its long run normal of 16.5. The PE midpoints profit in the course of the most recent 10 years to resolve cyclical changes. I use the old version of Telechart to run MM scans . I was wondering if Telechart can be used for SGX(Singapore) or HKSE(Hong Kong) boutiques charting and scanning ? stock market investment requires plenty of patience and discipline. We all set investment targets but how many of us actually set specific targets for specific goals? “China needs to cement its domestic economic growth momentum and guard against potential risks in financial sectors,” seems to be the key line, from the third paragraph, although it goes on to point out that Q1′s 7.7 per cent growth that had many China watchers worried was in fact higher than the 7.5 per cent official target.


The official Xinhua report is here and its headline suggests some worry at the economic growth rate. Two research groups looked into this topic (see papers here and here). The chart below from Bianco Research via Barry Ritholz, shows this metric, whose history goes all they way back to 1925, to be well above its long-term average. Once in a bull market, it remains that way until there’s a major downturn in the market. I became a reluctant bull in late March (see An uncomfortable bull). I have written about the demographics issue before (see Demographics and stock returns and A stock market bottom at the end of this decade). The Buy-Hold split here is 4 to 2, making this another stock with a Moderate Buy rating from the analyst consensus. Here is a chart of the industrial metals. Despite Friday’s NFP upside surprise, the internals of the employment report appeared to be negative and it was before long that there were a cacophony of voices pointing out the weaknesses in the report (for examples, see here, here and here). There are so many of these challenges on YouTube. Even if the documents are stolen, you will still need passwords to access/read them.


But the ECB will have to willfully ignore its price-stability mandate if it is to justify a rate cut right now, and it will almost certainly need to apply more radical tools if it is to aid the south quickly. These car companies need to make better cars not to mention cars people want to drive. However, purchasing a lavish gift as a car requires you to ask the right questions and correctly assess the situation before splurging money out of your wallet. The propensity of Baby Boomers, as they move into retirement, is to take money out of stocks. A firm budget must also take part in your program. Thousands have been vaccinated so far, but they must return in 21 days for a second shot. In China, most of the recent economic releases have been below Street expectations. I have spent a fair amount of time pondering that question (see my recent post Sell in May?).