As long as his mate/offspring are taken care of by the government, a male, knowing his progeny will survive, will naturally leave to go spread his genetic material with a different mate. That this is occurring is just part of the drive for survival of the species. However, the government programs that facilitate this are basically "breeding" a lower class of citizen for votes necessary to perpetuate power in a centralized government that will take care of them.
The stock has surpassed earlier June highs & if it goes above the late April $337 number, it could quickly move up to the $350-4360 level.
Motley Fool is a scam. They write stories for both bear & bull then target your Yahoo Finance headline based on your clicks/views to present a story that will get you to click.
"The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, rose 1.9 percent in the week ended July 4."
"The MBA's seasonally adjusted index of refinancing applications rose 0.4 percent, while the gauge of loan requests for home purchases, a leading indicator of home sales, increased 3.7 percent."
These types of stores have been closing for some time. They were worthwhile to have years ago, just to see what's out there that is new. Honestly, now I buy this stuff at Amazon/Staples/Lowes.
When retail sales come out with a strong gain next Tuesday, as expected, the bull market will resume & Amazon will hit $350.
Crushed estimates, which is what counts (along with outlook), but litigation costs brought the total down. As soon as the Democrats & their blood-sucking minion lawyers are run out of power BAC will really ramp up.
The 41 cents is key because that's what to expect from normal operations. Also BAC noted that capital ration were better & that expenses were down.
In the short term. Shoulder late June, head early July & shoulder mid-July. Price target should be around $244. There should be some good support around $246 - $247 that built up in mid-June but the volume has been up, so the buyers who make up that support may be getting out because of all the yellin' about PE's. So I'm kind of cautious about getting in just yet.
Won't happen. As a result of the "Fed put", every money manager should be fully hedged to the downside as a result of cheap options. Even most ordinary investors should be hedged. I am. My positions are set up to sustain up to a 10% market decline on their own without losing that much. I've bought cheap put spreads that I pay for with calls. If the market falls 10% - 20%, I'll actually make more than my portfolio would lose due to vol expansion. It's too hard to call market turns, hedge & stay invested.
There was previously a head & shoulders pattern that took IBB down to $243. Earnings have been good & now it looks like we could have an inverse head & shoulders with the left coming around July 7, the head July 17 & the right might be forming now. This would take IBB back up to around $262 in the short term.
The Fed getting behind the eight-ball & having to raise rates suddenly should now be off the table. Any additional selling is due to irrational fear & should be a great opportunity to buy.
I had the same problem with Firefox. I did a google search & found an uninstaller that removed everything from the registry. It hides lots of places so you have to be thorough.
I bought HCN years ago when everyone else was bailing & have a 660% return, about half of that from dividends.
Previously, it was 45%. So, instead of being paid almost $1 per year we're getting twenty cents... Unnecessary regulation & the Democratic-controlled government shaking out the industry for money are taking four times what we get!
That means the DOJ will extort political capital from the Ferguson situation the same way they've been extorting financial capital from BAC - just Chicago politics.
In the last four years, that's how much Obama & his DOJ puppet have taken from this bank - about $6 for each share that we shareholders could've had. Thank goodness this should be finished.