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Bob Palmerton
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Mr. Palmerton is the founder of Baseline Analytics TrendFlex, a market trend-following system incorporating high-probability trend change signals. Robert is a Registered Investment Advisor. He is co-founder and advisor to The Absolute Return, LLC, which manages a family of absolute return... More
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  • New Month, New Dividend: 3 Top Choices For The Week Of Jan 5th.

    A new month brings new ex-dividend stocks. Each month, Baseline Analytics screens the month's upcoming ex-dividend stocks to identify those representing the most technically-attractive opportunities. Next week, 28 stocks have met our technical criteria, representing attractive income-generating opportunities.

    Here are our top 3 choices for the week:

    Gentex

    Gentex (NASDAQ:GNTX) goes ex-dividend on Monday with a 1.7% yield. This automotive products company sports a 21% Return on Equity and has beat its earnings estimates for the past four quarters. GNTX surged above its 50-day moving average with its most recent earnings beat. A bit expensive at a forward PE of 17 and a PEG Ratio of 3.15, GNTX could still offer an attractive industrial option for your portfolio.

    (click to enlarge)

    Monsanto

    Monsanto (NYSE:MON) goes ex-dividend on Wednesday with a 1.6% yield. MON currently sits at its 50-day moving average, representing an attractive entry point. Monsanto has a Return on Equity of 26% and a reasonable PEG Ratio of 1.60. MON earnings announcement for the November-ending quarter is on Wednesday. Given its earnings miss at the August-ending quarter, we're looking for a meet or beat this time.

    (click to enlarge)

    Ratheon

    Ratheon (NYSE:RTN) goes ex-dividend on Monday and sports a 2.2% yield. The defense technology company has beat earnings estimates over the last four quarters and is attractively-valued at 9/8x EV/EBITDA and a 20% Return on Equity.

    (click to enlarge)

    To see the full list of next week's technically-attractive ex-dividend stocks, sign up for our free 30-day trial (no credit card needed). Click here to get started. Visit Baseline Analytics and learn about our TrendFlex family of market trend indicators, as well as our ETF timing opportunities and StockStash selections.

    Tags: MON, RTN, GNTX, Dividends
    Jan 03 1:52 PM | Link | Comment!
  • Small Cap Gems And Breakouts

    Here's another Baseline Analytics FLASH report. This week, we present small cap stocks with Returns on Equity of 10% or higher. Technically, these stocks have exhibited a price jump on stronger trading volume vs. their average trading volume over the last week.

    (click to enlarge)

    FRAN leads the list this week. Francesca Holdings, an operator of a chain of retail boutiques based out of Houston, had seen some tough trading days (and not so great company news) until FRAN announced a new CEO on Friday.

    Visit Baseline Analytics Home Page and click on the FLASH REPORT link for this week's list.

    Tags: FRAN
    Dec 06 12:28 PM | Link | Comment!
  • Market Tour Update

    Time for an update of our Baseline Analytics Market Tour.

    There is no doubt that technical damage has been done to the major indices. Although we are cautiously optimistic for year-end strength, more technical proof is needed to embrace that possibility.

    As for the S&P 500, as can be seen in the chart below, the Relative Strength Index (RSI) held near the 30 area for a low, which has tended to support corrective action within long term uptrends.

    (click to enlarge)

    Note how the index bounced sharply when VIX and Put/Call peaked last week. Subscribers to Baseline Analytics TrendFlex (as well as followers of our blog) have been notified when extreme levels in these sentiment readings were likely to result in a shift in the market trend. These indicators are now relatively neutral, although they suggest continued volatility.

    With today's setback, the S&P 500 deflected from resistance at its 50-day moving average (see red arrow). A break through that average may qualify for a shift in the short term trend, so we will keep our attention on this.

    Market breadth as noted in the chart below has seen some decent recovery from the lows. If it builds on this recovery, that too will signify a potential trend change shift.

    (click to enlarge)

    The Advance-Decline line looks very similar to the S&P 500, as it too deflected off moving average resistance (we use a 63-day average for this indicator). Note however the spike in New Highs vs. New Lows, a bullish development. On the flip side, however, the Summation Index remains in bearish territory and has experienced a rather uncommon setback in the extreme lows it reached in October.

    In conclusion, there are a few silver linings forming in the October storm clouds. More bullish signals will be needed, however, to shift our outlook to a convincing resumption in the uptrend.

    Visit our Home Page for our technical BUY/SELL list following the market close (10/22/14). For those potential subscribers that haven't decided to join in our TrendFlex Signal updates, StockStash and ETF Zone selections, Baseline Analytics is offering a FREE 30-day trial. Visit Baseline Analytics TrendFlex and get started!

    Tags: SPY, market trend
    Oct 22 9:16 PM | Link | Comment!
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