Consensus now is 'Fed is done' due to low inflation and stable markets. Timber demand should continue to grow as housing demand looks to grow with less chance of 'bearish rates'.
In the short-term WY does not seem to be like a good trade. awesom_sto-cks recently alerted this company i think. google them.
If I was already a WY shareholder, WY would be down 3+ points on this earnings news, with an intra-day test of $30. Since I would like to be a shareholder, the "Dippy Doodle" will likely be limited to one point or so,
Check out NORBORD (OSB). California is booming again and Norbord products are rolling in.
Flak Jacket problem is going to cost them big dollars
WY down 3.5% today on 4X average volume. BoA came out with a downgrade during trading yesterday. Delayed reaction?
Perhaps a short-term pull back is more likely before the next rally on WY? if you guys have questions you should ask awe.some.stocks. They often respond to my emails which is helpful.
20% duty on softwood imports from canada should hurt international paper while helping WY. Anyone have any math or data to gauge how much of an impact on earnings for both firms?
The map of WY operations shows 3 lumber mills in Canada and six in the USA.
Weyerhaeuser Company NYSE $WY Correlation Histogram
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks Sep-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0 In other words, the correlation coefficient of the other stocks is
Wow the Wowerhaueser board is deader than a doornail. I looked back at the chart TA and 42 makes sense. But first let's see WY hit 37.
Looks like we got us a breakout in the works. WY finally broke past resistance at 33 on strong volume today. I was watching the ascending triangle formation this guy alludes to for some time now. No idea hat hat this guy pulls a target of 42 from though. I'll be happy to see a ~10% move up to 37. Lumber futures contracts are hitting 380... haven't seen that level in ~4 years. If they hit 400 then maybe a stock price of 42 is possible?
In this daily chart of WY, below, we can see that prices are breaking out on the upside of a large ascending triangle pattern. WY has stalled several times at the $33 level, but you can see a rising trendline from the higher lows from June to Novembe
You guys think we might see an increase in the dividend in 2017?
Take over candidate by private equity could happen. Great time in the economic cycle to pick up WY. Cheap
Why the drop in price today
WY and all timber investors should educate themselves and be following the future of the Cross-laminated timber (CLT) building boom in large buildings and skyscrapers. Cross-laminated timber (CLT) is cheaper, safer and more ecological than concrete and steel for large buildings. This sector of building over the next 35 years is predicted to double. Prices/value of standing timber holdings will benefit significantly. If you are not following Cross-laminated timber (CLT) you should.
So if they are going to use the 1.6 billion on debt repayment...how much debt will they have left?
I know WY has some logging assets in Canada, but I believe the gains from a lumber trade war with Canada should far more than offset the lost business of their Canada operations. Am I wrong to assume that duties on Canadian imports will drive up US log and lumber prices and boost profits at WY, or is the stock price action lately due to end of year tax loss selling, or maybe a move away from REITS as interest rates start to move up?