Major Low Likely in Place on S&P 500 In our 2/25/25 Compass, we discussed our expectation for near-term downside as the S&P 500 and Nasdaq 100 (QQQ) displayed several bearish short-term developments. We also said it likely means at least another 2-4 weeks of consolidation, that one or two 8-10% pullbacks in a given year on the SPX is common (even during bull markets), and to not be surprised if there is a test of the bottom of the range at either 5770-5850 or 5600-5670, where we would be buyers...
Monitoring Small- vs. Large-Caps and Growth vs. Value Breadth has expanded significantly in recent weeks with the Russell 2000 (IWM) breaking above major 2.5-year resistance at $210; we remain bullish on small-caps and view this is an extremely bullish development for the broad equity market as long as the IWM remains above $210 support. At the same time, Technology/large-cap growth/Nasdaq 100 (QQQ) has consolidated after getting extended, and all indications suggest this is a buyable pullback....
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of MicroStrategy Incorporated. Global Credit Research- 06 Dec 2021. New York, December 06, 2021-- Moody's Investors Service has completed a periodic review of the ratings of MicroStrategy Incorporated and other ratings that are associated with the same analytical unit.
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Announcement: Moody's says MicroStrategy's $100 million upsize to proposed notes is credit negative but will not impact newly issued ratings. Global Credit Research- 09 Jun 2021. New York, June 09, 2021-- Moody's Investors Service, says that MicroStrategy Incorporated's plans to upsize its proposed note issuance is credit negative but will not impact newly issued ratings.
Rating Action: Moody's assigns B3 CFR to MicroStrategy, outlook stable. Global Credit Research- 07 Jun 2021. New York, June 07, 2021-- Moody's Investors Service assigned to MicroStrategy Incorporated a B3 Corporate Family Rating, a B3-PD probability of Default Rating and SGL-2 Speculative Grade Liquidity Rating.
The general evaluation of MICROSTRATEGY INCO. (US), a company active in the Software industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date January 31, 2020, the closing price was U...
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
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