Valuentum Exclusive Analysis for the Discerning Investor

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Nov 29, 2012

Special Dividends: A Fantastic Idea…Fiscal Cliff Has Started a Trend
We're a bit surprised that special dividends haven't been occurring even more regularly, but we dig into the trend.

Nov 15, 2012

Wal-Mart’s and Target’s Results Slightly Diverge
Wal-Mart and Target both reported relatively strong results, but Target appears to be making some gains.

Oct 11, 2012

Safeway’s Earnings Beat But the Grocer Remains Weak
Safeway reported a soft third quarter, but reiterated its guidance. We think shares are fairly valued.

Oct 10, 2012

Costco Reports Fantastic Results
Costco reported yet another strong quarter, but we think shares are fairly valued.

Oct 1, 2012

Gordmans Cuts Outlook; Will the Sector Follow?
Gordmans Stores slashed its outlook, and we wouldn't be surprised to see other dollar stores follow suit. We examine the outlook.

Aug 30, 2012

Costco and Target Join in on the Back to School Fun
Both larger retailers reported strong August sales during the back-to-school season. We don't think either firm is very compelling at this time, however.

Aug 15, 2012

Staples Stumbles
Office supply giant Staples reported weak second quarter results, and we're worried about the firm's business model going forward.

Jul 5, 2012

June Same Store Sales Actually Weren’t Bad
Though a few companies fell short of expectations, we thought June same-store sales numbers were mostly positive. We think lower energy prices may have reinvigorated the US consumer during the month.

Jun 24, 2012

Could Weakness in Europe Spell Opportunity for American Companies?
Costco announced that it is considering adding locations in Spain, Germany and Italy thanks to cheap real estate and interesting business prospects. Could this be a trend going forward?

Markets Bounce Off Technical Support But Not Out of the Woods
Image: The market-cap weighted S&P 500 (SPY) bounced off technical support last week, both the 200-day moving average as well as the breakout of the downtrend line, but while this may push off any leg down in the near term, we won’t hesitate to “raise cash” on a few newsletter portfolio names if a breakthrough of support to the downside happens. Image Source: TradingView. The 200-day moving average remains a key technical level for the market-cap weighted S&P 500. The risks that the market may break through both the 200-day moving average and the breakout of the technical downtrend line remain elevated, but the past week showed a successful test of technical support levels, in our view, and that means to us markets may avoid any substantial leg down for the time being. We continue to be cautious on the equity markets in the near term, and we won’t hesitate to “raise cash” across the newsletter portfolios if the S&P 500 breaks through its 200-day moving average and the breakout of the technical downtrend line.