DIN Newsletter for December 9, 2016

Stock Of The Day: Buy or Sell?

CSX Corp (CSX) is a Buy

Chart for CSX

Risk levels may be somewhat lower than normal.


CHARTS OF THE DAY

LifeLock, Inc. [LOCK]

Chart for LOCK

LOCK share price is $23.93, which is 8% above its 21-day moving average of $22.23.

LOCK share price is $23.93, which is 25% above its 50-day moving average of $19.14.

LOCK share price is $23.93, which is 55% above its 200-day moving average of $15.46.


Clifton Savings Bancorp Inc. [CSBK]

Chart for CSBK

CSBK share price is $17.21, which is 5% above its 21-day moving average of $16.45.

CSBK share price is $17.21, which is 10% above its 50-day moving average of $15.70.

CSBK share price is $17.21, which is 14% above its 200-day moving average of $15.11.


Rio Tinto PLC [RIO]

Chart for RIO

RIO share price is $42.12, which is 8% above its 21-day moving average of $38.88.

RIO share price is $42.12, which is 18% above its 50-day moving average of $35.78.

RIO share price is $42.12, which is 34% above its 200-day moving average of $31.49.



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 1.2587. This is 43.9% 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 -8.42. This is 176.7% below the historic median figure of 10.98.

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 12.64. This is 28.2% below the historic median figure of 17.62.

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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