Dirk van Dijk
Dirk van Dijk's Latest Articles | 112
Durable Goods Disappointing, Weak Report
New Orders for Durable Goods fell 3.6% in April. That was well below the consensus expectations of a drop of 2.0%. However, the March numbers were revised upwards,... Read »
Finding the Cheap Ones: BTM, ING, RCKY, VLO
Some of the best investments are when you can find a firm for which expectations are very low, but which end up doing better than expected. The absolute performance... Read »
New Home Sales Up, Still Ugly
New Home Sales in April rose by 7.3% from April, to a rate of 323,000. Relative to a year ago, sales are down 23.1%. While the rebound is more than welcome, it is... Read »
Earnings Are Great, But…
The first quarter earnings season is almost done. We now have 481 (96.2%) of the S&P 500 reports in. Net income growth is 17.2%. While that is down from the... Read »
Used Home Sales Down, Inventories Up
In April, Existing Home Sales ran at a seasonally adjusted annual rate of 5.05 million. That pace is 0.8% lower than in March, and 12.9% below the year-ago rate.... Read »
Initial Jobless Claims Fall Again
Initial Claims for Unemployment Insurance fell by 29,000 last week to 409,000. However, last week was revised up by 4,000, so one could see it as a 25,000 decrease.... Read »
5 Chemical Firms to Consider
The Chemical industry has been near the top of the Zacks industry ranks for several months now. As the world economy has recovered so has demand for the basic building... Read »
Housing Starts or Stops
Housing Starts fell in April to a seasonally adjusted annual rate of 523,000 from 585,000 in March, a decrease of 10.6%. However, the March numbers were revised... Read »
Is the Debt Ceiling Constitutional?
Is the Debt Ceiling, which we hit today, constitutional? The Treasury has a few accounting moves up its sleeve that will prevent an actual default until early... Read »
Remaining Bullish Overhead
The first quarter earnings season is almost done. We now have 458 (91.6%) of the S&P 500 reports in. We have enough of a sample now to be pretty sure this will... Read »







