The best way to value Ensco (ESV), and the offshore oil drillers more generally, is to value them on the basis of their assets. These companies are obviously not earning any money right now, and when they do earn money, their earnings are very cyclical in nature, thus making earnings based analyses (like DCF’s) that make projections of regular earnings into the future inapplicable. So, in....More>>>
Going into 2016, this popular composite indicator had a 65%-74% accuracy rate. It bombed in 2016. Should investors ignore or explore it for 2017?
This indicator is made up of three components: the Santa Claus rally (SCR), performance the first five trading days of January (F5D), and the January barometer (JB). Invented and popularized by the Stock Trader’s Almanac, the indicators basically....More>>>
Perhaps another nail in the coffin of Wells Fargo & Co. (NYSE: WFC) CEO John Stumpf. Bernie Sanders, former presidential candidate and United States Senator from Vermont wants to know if the federal agencies involved in the bank’s scandal have made referrals of material to the Justice Department.
Comments from the Sen Sanders website about a letter to Richard Cordray the director....More>>>
Image source: Pexels.
Virtual reality is creating quite a buzz in the tech sector these days, and all of the talk around the trend’s possibilities may leave investors wondering what’s actually a good way to gain some exposure to the virtual reality (VR) market and what’s just hype.
So here’s a quick five-point guide to help you better decide how to benefit from....More>>>
The Fed raised interest rates earlier this week, and with it comes an opportunity for savvy investors to look into the financial sector for winning stock plays.
To start, you might be wondering what has changed between Dec 2016 and now to understand the scope of rise in number of rate hikes this year.
The two major mandates for rising rates — full employment level....More>>>
Penn West Petroleum Ltd. (NYSE:PWE) has been to the financial cliff and back again. The achievements of the last two years are probably top 1% in many areas. There was a little trepidation as the latest announcement saw more changes in senior management. For many shareholders, those senior managers that were leaving were the best shareholders had seen in a long time. But the reason for leaving is....More>>>