Stocks & Equities

MKM Has ‘More Comfort’ In Pizza Chains, Upgrades Papa John’s

Posted by Jayson Derrick

on Wednesday, 1 April 2020 10:18

Pizza delivery chains are “better positioned” compared to other restaurant chains to navigate through the coronavirus pandemic, including Papa John’s Int’l, Inc. according to MKM Partners.

Brett Levy upgraded Papa John’s from Neutral to Buy with a price target lowered from $67 to $64.

The Papa John’s Thesis

Papa John’s is up 80% since bottoming on March 18 so the timing of the upgrade may appear to be “late to the game,” Levy wrote in the note. But there’s still upside from current levels after management provided “clear evidence” of same-store sales momentum in its Tuesday business update. This should give investors confidence that recent menu changes and initiatives are working.

From a financial point of view, Levy said recent momentum implies the head office is in a better place financially and structurally to support its franchisees if needed….CLICK for complete article

The Best And Worse Case Scenario For The U.S. Stock Market

Posted by David Haggith

on Monday, 23 March 2020 10:13

As the carnage continues with stocks now ignoring anything the Fed throws at them — and the Fed has pretty well thrown everything it has used in the past and is now moving into bailout mode — where is the US stock market crash likely to to stop falling? So far, it’s been limit-down all the way.

My best case scenario for the US Stock Market Crash

I am completely convinced it won’t end better than this, and I think it is only likely to be a resting platform unless the Fed leaps into strategies I’ve been talking about in Patron Posts that are currently illegal.

This level is based on the zone where the bull stopped running for two years and churned sideways as a place it hung out when the Fed stopped QE. That was back when I said the market would crash because of the end of QE, and it didn’t quite do exactly but, but the bull was broken. The market stalled for two years, so not really a bull in my books — at best a bull in a coma).

With the Dow ignoring the Fed’s kitchen-sink solutions again today and ending down more than an unlucky 1300 (at 1,3338, having touched again on 2,000 down intraday), it looks like we’ll enter the market’s old hang out in the rectangular safety zone sometime this week….CLICK for complete article

Everyone Wanting To Buy Suggests The Bear Still Prowls

Posted by Lance Roberts

on Monday, 23 March 2020 10:09

“If you own 10% equities, as we do, and the market falls 100%, you will lose 10%. That said, you have 90 cents on the dollar to buy equities for free.” – Michael Lebowitz

Let me explain his comment.

Last week, we wrote a piece titled: Risk Limits Hit. When Too Little Is Too Much in which we discussed reducing our equity risk to our lowest levels.

For the last several months, we have been issuing repeated warnings about the market. While such comments are often mistaken for “being bearish,” we have often stated it is our process of managing “risk,” which is most important.

Beginning in mid-January, we began taking profits out of our portfolios and reducing risk. To wit:

‘On Friday, we began the orderly process of reducing exposure in our portfolios to take in profits, reduce portfolio risk, and raise cash levels.’

Importantly, we did not ‘sell everything’ and go to cash.

Since then, we took profits and rebalanced risk again in late January and early February as well.

On Friday/Monday, our ‘limits’ were breached, which required us to sell more.”

CLICK for complete article

Keystone Financial’s Covid Crisis Webinars – Strategies to Survive & Thrive

Posted by MoneyTalks Editor

on Friday, 20 March 2020 16:07

CLICK HERE and register today for one of these three Live Streaming webinars designed to help you navigate these unprecedented times.

  1. March 31, 2020 @ 7:00pm PDT
  2. April 7,2020 @ 7:00pm MDT
  3. April 14, 2020 @ 7:00pm PDT
  • Why sustainable dividend growth stocks that pay you while you wait are key in a crisis.
  • Why cash rich stocks are king of a crisis – which to buy and which to avoid!
  • Why trying to pick an exact bottom is a fool’s game – we show you a simple strategy to layer into great stocks and decrease risk in a down market.
  • Investment themes for the next decade: Alternative Energy, Cloud Computing, Cybersecurity & Artificial Intelligence – find out which are right for your portfolio in a crisis situation.
  • During the 2008/09 financial crisis we recommended Boyd Group (BYD:TSX) at $2.30 per share which went on to be the top performing stock on the TSX over the next decade, generating a return of over 6,500% and paying out $4.60 in dividends. Today, we are on the hunt for the next game changing stocks for your portfolio.
  • Find out if stocks are cheap or expensive? What to do in a recession or crash?
  • Simplify your portfolio, pay less fees and take control of your financial future.
  • Live Q&A session with Aaron Dunn & Ryan Irvine!
  • Plus we recommend 5 stocks to start buying now for long-term portfolio gains.

The Crash Of 2020 Is Now Worse Than The Great Depression

Posted by ZeroHedge

on Friday, 20 March 2020 9:27

Back in December, someone in China made bat soup (at least according to the officially accepted narrative that doesn’t get you banned on Facebook, Twitter, etc), and the rest is history: in the next three months, the global equity market has lost $24 trillion in value, more than the $22 trillion in US GDP. And here is a staggering chart from BofA putting the crash of 2020 in its historic context: in the past month, the US stock market has crashed faster than both the Great Depression and Black Monday, and in terms of the total drawdown, the crash of 2020 is now worse than 1929 and is fast approaching 1987….CLICK for complete article