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S&P 500: How Can Anyone Buy This High?! – Week Starting 1st April (Technical Analysis)

admin2 months ago011 mins

cemagraphics The S&P500 (SPY) ended Q1 and the month of March at 5254. It has gained 28% in less than six months and now has a PE ratio of 24.6. How can anyone buy this high?! Actually, it’s not that difficult; the key is to blank out how overvalued you think it may be, or…

1st Source Stock: Superb Dividend Growth Potential, But Not At This Price (NASDAQ:SRCE)

admin7 months ago016 mins

Fly View Productions 1st Source Corporation (NASDAQ:SRCE) is an excellent dividend compounder and announced record-breaking net income numbers in its most recent quarterly report. Despite this development, I give it a ‘Hold’ rating. This recommendation comes amid it trading substantially above its book value, management’s bleak future outlook, and the cyclical swings the financials sectors…

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S&P 500: How Can Anyone Buy This High?! – Week Starting 1st April (Technical Analysis)

1st Source Stock: Superb Dividend Growth Potential, But Not At This Price (NASDAQ:SRCE)