DIN Newsletter for July 29, 2016

Stock Of The Day: Buy or Sell?

Archer Daniels (ADM) is a Buy

Chart for ADM

Risk levels may be somewhat lower than normal.


CHARTS OF THE DAY

AdvisorShares YieldPro ETF [YPRO]

Chart for YPRO

YPRO share price is $23.66, which is 0% above its 21-day moving average of $23.61.

YPRO share price is $23.66, which is 1% above its 50-day moving average of $23.46.

YPRO share price is $23.66, which is 2% above its 200-day moving average of $23.30.


Quidel Corp. [QDEL]

Chart for QDEL

QDEL share price is $23.24, which is 22% above its 21-day moving average of $19.01.

QDEL share price is $23.24, which is 27% above its 50-day moving average of $18.25.

QDEL share price is $23.24, which is 16% above its 200-day moving average of $20.08.


First Financial Bankshares Inc. [FFIN]

Chart for FFIN

FFIN share price is $34.68, which is 4% above its 21-day moving average of $33.33.

FFIN share price is $34.68, which is 8% above its 50-day moving average of $32.11.

FFIN share price is $34.68, which is 14% above its 200-day moving average of $30.37.



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 1.2320. This is 42.1% 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 12.72. This is 28.3% 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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