DIN Newsletter for December 8, 2017

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Stock Of The Day: Buy or Sell?

Paypal Holdings Inc (PYPL) is a Buy

Chart for PYPL

Risk levels may be somewhat lower than normal.


CHARTS OF THE DAY

First Trust Nasdaq Oil & Gas ETF [FTXN]

Chart for FTXN

FTXN share price is $19.74, which is 1% above its 21-day moving average of $19.61.

FTXN share price is $19.74, which is 3% above its 50-day moving average of $19.22.

FTXN share price is $19.74, which is 4% above its 200-day moving average of $18.92.


Medley Capital Corporation [MCC]

Chart for MCC

MCC share price is $5.63, which is 2% below its 21-day moving average of $5.76.

MCC share price is $5.63, which is 3% below its 50-day moving average of $5.82.

MCC share price is $5.63, which is 13% below its 200-day moving average of $6.47.


eHealth, Inc. [EHTH]

Chart for EHTH

EHTH share price is $19.87, which is 13% below its 21-day moving average of $22.95.

EHTH share price is $19.87, which is 17% below its 50-day moving average of $23.80.

EHTH share price is $19.87, which is 7% above its 200-day moving average of $18.63.



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 1.3976. This is 56.5% above the historic median figure of 0.89.

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 19.67. This is 79.1% above the historic median figure of 10.98.

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


Sentiment

VIX

Chart for VIX

The VIX figure is 10.16. This is 35.1% below the historic median figure of 15.65.

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.