A strong US dollar, could prove very negative for earning of Companies (even though currently lot of negative sentiment is perceived to be priced in the market). So may need to further downgrade earnings estimate.
Global Stocks Pin Hopes of Year-End Rally on Earnings Resilience
Some bad news is already priced in heading into results seasonExtreme investor pessimism could also
Extremely undervalued with even tangible book value of around 0.67.Hoping the new strategy comes through in due courseDividend of close over 3-4% can help till then.
Warren Buffett Broke up with Most of His Beloved Banks — Why Is He Still Swooning over This One?
The Oracle of Omaha has had a busy quarter.According to his latest 13F filing, Warren Buffett has de
Dollar cost average on beaten down value stocks on the way down. More pain in store though.
Wall Street Is Officially in a Bear Market -- What Strategists Say Investors Should Do
The U.S. stock market met popular criteria for a bear market this week a decline by the S&P 500 taking the U.S. large-cap benchmark down by more than 20% from its record close in January. Investors, no doubt, are wondering how far stocks might fall from here, and what to do next.The S&P 500 met the bear-market threshold on Monday and has largely remained under pressure this week aside from a Wednesday bounce following the Federal Reserve's 75 basis point rate hike, its largest in nearly 28 year