Spamdex - Spam Archive

Report spam

Send in your spam and get the offenders listed

Create a rule in outlook or simply forward the spam you receive to

Also in

PowerTrend Bulletin: 07/01/2015

If you are on a mobile device or cannot view the images in this message view this email in your web browser.
To ensure future delivery please add to your address book or contacts.

PowerTrend Bulletin | PowerTrend Bulletin | Growth & Dividend Report | PowerTrader
How the Markets Fared in Q2 (The 'Snap-Back' Quarter That Wasn't)

Make $4 for Every iPhone 6 Sold
Over the next 5 years, 75 billion new devices will connect to the internet. I’m not talking about just computers or tablets, but smartphones, cars, appliances and more. This connection between nearly everything in our lives will create a “Second Information Superhighway…” along with an investment opportunity that could mean early retirement for those who act now.

You see, a very large number of these new devices will only make it to market by paying one company a handsome toll. Click here now to discover the name of the company that’s set to potentially score 10 times Cisco’s 1995 profits of 3,008%!

Click Here Now!

Last night, we closed the books on the June quarter, and, in many ways, it was one that at the outset was expected to be better than the March quarter. However, as we learned, that wasn’t in the cards. For a variety of reasons, the second half turned out to be weaker than expected, and this was clearly reflected in the performance of the major stock market indices. The S&P 500, my preferred benchmark, closed the first half of the year up a paltry 0.2% -- let’s be honest, that’s essentially flat for the first six months of the year.

Tracing back the index’s performance, however, we see it dipped modestly, some 0.2%, which reveals the market performance in the first quarter was actually stronger compared to that in the second. For those keeping score, the same pattern was had with the Dow Jones Industrial Average, which closed the first half down some 1.1% vs. its March-quarter end of down 0.3%. The only domestic market index that closed up in any meaningful way was the Nasdaq, which closed the middle of the year up 5.3% -- better than its 3.5% return at the end of March.

What were the factors that led two of the three U.S. stock market indices to weaken in what was expected to be a “snapback” quarter as severe winter weather finally lifted and the fallout of the Pacific port closures was left behind? The quick answer is a U.S. economy that failed to live up to expectations. Signs were evident throughout the quarter, be it from indicators such as rail traffic and truck tonnage or for the more formal government statistics, such as industrial production, capacity utilization or consumer-facing ones like personal spending and retail sales. Granted, we saw some lift in the consumer-related metrics late in the second quarter, but for the quarter in total, things were weaker than many had expected back in March.

In sum, we could say that while the vector was up, the velocity was slow relative to expectations. It’s something like imagining you are driving a Ferrari when you’re really behind the wheel of a Yugo. That was affirmed for us in the recent June PMI readings, which showed U.S. manufacturing slowing to its lowest level since June 2013, while the U.S. service sector slowed once again in June and continued to weaken from its March peak. Buried in both reports were comments pointing to a more cautious outlook. In the services report, “service providers signaled the least optimistic year-ahead outlook for business activity since March. The degree of confidence in June was also weaker than the average since the survey began in October 2009.”

On the one hand, there was weaker-than-expected demand, but on the other, U.S. companies continued to grapple with the holdover from 1Q 2015 that has been the stronger dollar. Those were particular callouts in the June manufacturing PMI report for the United States -- “Moreover, there were reports that softer output growth reflected a degree of caution about the business outlook, as well as concerns about the impact of the strong dollar on competitiveness. Although new orders from abroad stabilized in June, this followed declines in export sales during each of the previous two months.”

Given the European Central Bank’s stimulative powers and interest rate cuts by more than two dozen other countries thus far in 2015, it’s looking like U.S. companies will continue to be hampered by the strong dollar, at least until early 2016.


We also have the more recent Greek drama to fold into the mixing bowl, and as I’ve shared with my subscribers time and time again, the stock market simply does not like uncertainty. It was that recent drama, along with spillover concerns thanks to Puerto Rico and high debt levels in Spain, Italy and other countries, that has raised “contagion” concerns. Yet, if we look at the data, strength in both the Italian and Spanish economies continued in June, which lessens some of the contagion risk in my mind.

During the coming days, trading volumes will be light because of the July 4 holiday weekend that has domestic stock markets closed this Friday. Odds are trading volumes will drop significantly on Thursday afternoon once the June Employment Report is digested as people try to get an early jump on vacation plans. We also have what appears to be never-ending Greek drama and the upcoming July 5 referendum that will contribute to slower volumes.

Once we return from the holiday weekend, however, we will be facing, if not bracing for, 2Q 2015 earnings. Current expectations courtesy of FactSet call for S&P 500 earnings to decline by 4.5% for the June quarter. The last time the index reported a year-over-year decrease in earnings was Q3 2012. A note of caution here -- significant buyback activity during the quarter could make bottom-line comparisons more favorable than operating profit performance would indicate. I’ll be sure to compare share counts -- quarter over quarter and year over year -- to distinguish between a true earnings beat and one that was for all intents and purposes manufactured by robust share buyback activity.

Even after the sharp drop in the indices during the last few days, the S&P 500 is still trading at 17.3x expected 2015 earnings of $119.50 per share. Some quick sandbox math shows those earnings are only expected to grow some 2% this year. Now, I could go on and on about that multiple vs. that level of earnings growth, particularly given the dollar and cautious outlooks in the near term, but the growing question as we move into the back half of the year will be S&P 500 earnings expectations for 2016. Currently those earnings are expected to grow 12% year over year, which would be strongest rate of growth since 2011.

34 Stocks with Success Rates Between 91% and 100%
At an investment conference just a few years ago, I was presented with some very unusual stock charts. They showed an “event” that seemed to happen every year for 10 straight years -- needless to say, I was intrigued.

After some investigating, I was shocked to find that the same set of events was occurring in other stocks as well. They were predictable, easy to spot and came with huge shifts in share price. Click here now to see how to spot these trends and play them for quick, easy profits.

Click Here Now!

The bottom line is we have several land mines still ahead of us, and given the usual summer slowdowns, we’re not likely to get a true picture of what lies ahead until September. While we’ve experienced that summer limbo before, this year it will likely feed uncertainty concerns and leave investors speculating once again about when the Fed will actually hike interest rates. The only difference is it will likely be from a beach, a lake or some other vacation site.

Even while I’m doing some of that in the coming weeks, I’ll continue to look at opportunities through my PowerTrend framework as I look to uncover recommendations for the second half of 2015 and into 2016.

Thematic headlines of the week. Each week, I digest a smattering of reports, surveys and other articles to make sure the tailwinds behind each of my PowerTrends, as well as my Growth & Dividend Report recommendations, are intact. As my subscribers know, when the thesis changes, we take action, which usually means booking profits, but every so often, it means limiting losses. Here are some of the items that caught my attention during the last week: Enjoy the July 4 holiday with family, friends and loved ones, and I’ll see you back here next week for the next edition of PowerTrend Bulletin.

In case you missed it, I encourage you to read my e-letter column from last week about the four horsemen of the global economy. I also invite you to comment in the space provided below my Eagle Daily Investor commentary.

Upcoming Appearances
  • Each Monday, I join Sonoma County’s Morning News with Melanie Morgan’s “Big Story” of the week to talk about the latest in the economy, stock market and more.
  • Each Friday, I join Matt Ray, the host of America’s Morning News, to talk about the latest on the economy, stock market and more. With the show broadcast in more than 170 markets, be sure to tune in.
  • I will be attending the San Francisco MoneyShow, July 16-18, at the Marriott Marquis. To register, click here. Mention priority code 038970.
  • I want to invite you on a cruise with Newt Gingrich, Mark Skousen and me, among others, Sept. 13-20. Spend seven fabulous days aboard the six-star luxury liner, the Crystal Symphony. We will travel from New York to Montreal with noted historical scholars, political pundits and renowned market experts who will share their insights and perspectives on the current environment in Washington and Wall Street. For further information, including how to sign up, visit
Christopher Versace
Editor, Growth & Dividend Report
Editor, PowerTrader
Editor, PowerOptions Trader
Follow Me on Twitter
  |  Like Me on Facebook
To ensure future delivery of Eagle Financial Publication's emails please add the domain to your address book or contact list.

This email was sent to because you are subscribed to the Chris Versace's PowerTrend Bulletin List. To unsubscribe or update your delivery preferences, please click here.

If you have questions, please send them to Customer Service.

Eagle Financial Publications - Eagle Products, LLC. - a Caron Broadcasting Company
300 New Jersey Ave. NW, Suite 500 | Washington, D.C. 20001

© 2015 Eagle Financial Publications. All rights reserved.


All titles, content, publisher names, trademarks, artwork, and associated imagery are trademarks and/or copyright material of their respective owners. All rights reserved. The Spam Archive website contains material for general information purposes only. It has been written for the purpose of providing information and historical reference containing in the main instances of business or commercial spam.

Many of the messages in Spamdex's archive contain forged headers in one form or another. The fact that an email claims to have come from one email address or another does not mean it actually originated at that address! Please use spamdex responsibly.

Yes YOU! Get INVOLVED - Send in your spam and report offenders

Create a rule in outlook or simply forward the junk email you receive to | See contributors

Google + Spam 2010- 2017 Spamdex - The Spam Archive for the internet. unsolicited electric messages (spam) archived for posterity. Link to us and help promote Spamdex as a means of forcing Spammers to re-think the amount of spam they send us.

The Spam Archive - Chronicling spam emails into readable web records index for all time

Please contact us with any comments or questions at Spam Archive is a non-profit library of thousands of spam email messages sent to a single email address. A number of far-sighted people have been saving all their spam and have put it online. This is a valuable resource for anyone writing Bayesian filters. The Spam Archive is building a digital library of Internet spam. Your use of the Archive is subject to the Archive's Terms of Use. All emails viewed are copyright of the respected companies or corporations. Thanks to Benedict Sykes for assisting with tech problems and Google Indexing, ta Ben.

Our inspiration is the "Internet Archive" USA. "Libraries exist to preserve society's cultural artefacts and to provide access to them. If libraries are to continue to foster education and scholarship in this era of digital technology, it's essential for them to extend those functions into the digital world." This is our library of unsolicited emails from around the world. See Spamdex is in no way associated though. Supporters and members of Helping rid the internet of spam, one email at a time. Working with Inernet Aware to improve user knowlegde on keeping safe online. Many thanks to all our supporters including Vanilla Circus for providing SEO advice and other content syndication help | Link to us | Terms | Privacy | Cookies | Complaints | Copyright | Spam emails / ICO | Spam images | Sitemap | All hosting and cloud migration by Cloudworks.

Important: Users take note, this is Spamdex - The Spam Archive for the internet. Some of the pages indexed could contain offensive language or contain fraudulent offers. If an offer looks too good to be true it probably is! Please tread, carefully, all of the links should be fine. Clicking I agree means you agree to our terms and conditions. We cannot be held responsible etc etc.

The Spam Archive - Chronicling spam emails into readable web records

The Glass House | London | SW19 8AE |
Spamdex is a digital archive of unsolicited electronic mail 4.9 out of 5 based on reviews
Spamdex - The Spam Archive Located in London, SW19 8AE. Phone: 08000 0514541.