DIN Newsletter for August 4, 2016

This article was originally published on this site

Stock Of The Day: Buy or Sell?

Ameren (AEE) is a Buy

Chart for AEE

Risk levels may be somewhat lower than normal.


CHARTS OF THE DAY

iShares iBonds Mar 2023 Corporate Term ETF [IBDD]

Chart for IBDD

IBDD share price is $27.21, which is 67% below its 21-day moving average of $82.11.

IBDD share price is $27.21, which is 71% below its 50-day moving average of $95.12.

IBDD share price is $27.21, which is 73% below its 200-day moving average of $100.92.


ETFS Physical Platinum Shares [PPLT]

Chart for PPLT

PPLT share price is $111.90, which is 8% above its 21-day moving average of $103.35.

PPLT share price is $111.90, which is 13% above its 50-day moving average of $99.10.

PPLT share price is $111.90, which is 10% above its 200-day moving average of $102.11.


Hornbeck Offshore Services, Inc. [HOS]

Chart for HOS

HOS share price is $7.87, which is 8% below its 21-day moving average of $8.53.

HOS share price is $7.87, which is 13% below its 50-day moving average of $9.10.

HOS share price is $7.87, which is 50% below its 200-day moving average of $15.76.



Economic Indicators

Total Market Cap / GDP

Chart for Total Market Cap / GDP

The ratio of the Total Market Capitalization (Wilshire 5000) to United States GDP is 1.2115. This is 39.7% above the historic median figure of 0.87.

The higher the Market Cap/GDP figure is relative to its median level, the higher the perceived risk in the market. Markets can remain overvalued for extended time periods.


S&P Earnings Growth

Chart for S&P Earnings Growth

The S&P Earnings Growth is -12.91. This is 213.6% below the historic median figure of 11.37.

When the S&P Earnings Growth trends lower, the stock market is perceived to have higher risk.


Sentiment

VIX

Chart for VIX

The VIX figure is 12.86. This is 27.5% below the historic median figure of 17.74.

The CBOE Volatility Index® (VIX®) is a key measure of market expectations of near-term volatility conveyed by S&P 500 stock index option prices. Historically, VIX levels above 50 correlate closely with periods of stock market panic while VIX levels below 20 are more typical during relatively calm periods in the market.

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