Member
Posted 15 August 2019 - 10:12 AM
"In the 12 months ended March 31, S&P 500 firms spent 103.8% of their free cash flow on buybacks & dividends, which comes after spending 101.9% in 4Q18. It is the 1st time since before the financial crisis that S&P 500 payouts have exceeded cash earned"
https://twitter.com/...710190242254848
Member
Posted 15 August 2019 - 11:08 AM
The market has stopped bleeding today though not much a bounce yet. As long as SPX is able to hold the ST support around 2840, I'd expect a stronger bounce in the next few days.................
Edited by redfoliage2, 15 August 2019 - 11:15 AM.
Member
Posted 15 August 2019 - 11:43 AM
C'mon Bloomberg, do not be so harsh on the President!
Member
Posted 15 August 2019 - 11:59 AM
The market has stopped bleeding today though not much a bounce yet. As long as SPX is able to hold the ST support around 2840, I'd expect a stronger bounce in the next few days.................
TRIN extreme levels this week but I still think it will go down to test previous recent lows and then move up
I would not be surprised if FED intervenes - even dovish statements, QE - with the cut at the Sep meeting, and the market makes new SPX highs, setting up into the October decline that can last for months
Member
Posted 15 August 2019 - 12:01 PM
"In the 12 months ended March 31, S&P 500 firms spent 103.8% of their free cash flow on buybacks & dividends, which comes after spending 101.9% in 4Q18. It is the 1st time since before the financial crisis that S&P 500 payouts have exceeded cash earned"
That corporate debt has risen rapidly; also this:
Member
Posted 15 August 2019 - 12:41 PM
Be ware of a big gap up tonight...........
Edited by redfoliage2, 15 August 2019 - 12:44 PM.
Member
Posted 15 August 2019 - 01:14 PM
Be ware of a big gap up tonight...........
...and a sharp rally that will be sold but it could first get above recent SPX highs
