This morning a "Potential Dividend Run Alert" went out for CBRE Clarion Global Real Estate Income Fund (NYSE: IGR), at our DividendChannel.com Dividend Alerts service (a free email alerts feature). Let's look at the situation in greater detail, shall we? First of all, what is a
This morning a "Potential Dividend Run Alert" went out for CBRE Clarion Global Real Estate Income Fund (NYSE: IGR), at our DividendChannel.com Dividend Alerts service (a free email alerts feature). Let's look at the situation in greater detail, shall we? First of all, what is a
PM Images New home sales advanced 7.4% M/M to 682 K in March, surpassing the 652K consensus, from the prior month's 583K, which was revised from 635K, according to data released by the U.S. Census Bureau on Tuesday. That's also above the March 2025 rate of 660K. The seasonally adjusted estimate of new houses for sale at the end of March was 481K, down 0.4% from February and 4.6% below the March 20...
PM Images New home sales advanced 7.4% M/M to 682 K in March, surpassing the 652K consensus, from the prior month's 583K, which was revised from 635K, according to data released by the U.S. Census Bureau on Tuesday. That's also above the March 2025 rate of 660K. The seasonally adjusted estimate of new houses for sale at the end of March was 481K, down 0.4% from February and 4.6% below the March 2025 estimate of 504K. That puts inventory at 8.5 months of supply at the current sales rate, down 6.6% from the earlier month's mark and 7.6% below March 2025's level. The median sales price of new houses sold in March 2026 was $387.4K, down 5.3% from February and 6.2% below the year-ago price. The average sales price was $503.1K in March, 3.4% lower than the previous month and 1.2% below the year-ago level, the Census Bureau said . More on the U.S. Economy U.S. Dollar Mostly Softer, Gilts Play Catch-Up, And The RBA Delivered Third Hike And Signals A Pause SPX Realized Skew Inverts As Traders Focus On Right Tail Rates Spark: 10yr SOFR Hits The 4% Handle Ten-year inflation expectations at highest point since '23 Gold extends decline as Gulf clashes lift yields and rate expectations
Gunter_Nezhoda Short interest in small- and micro-cap stocks (market cap up to $2B) shows even more extreme positioning, with several names carrying short interest above 60%, pointing to highly crowded bearish bets in lower-liquidity segments of the market. Most Shorted Stocks (Market Cap ≤ $2B) Fitness Champs Holdings ( FCHL ): 83.81% Xiao-I Corporation ( AIXI ): 65.78% Sensei Biotherapeutics ( S...
Gunter_Nezhoda Short interest in small- and micro-cap stocks (market cap up to $2B) shows even more extreme positioning, with several names carrying short interest above 60%, pointing to highly crowded bearish bets in lower-liquidity segments of the market. Most Shorted Stocks (Market Cap ≤ $2B) Fitness Champs Holdings ( FCHL ): 83.81% Xiao-I Corporation ( AIXI ): 65.78% Sensei Biotherapeutics ( SNSE ): 63.85% Sky Quarry ( SKYQ ): 63.26% Snail ( SNAL ): 49.74% La Rosa Holdings ( LRHC ): 48.18% KalVista Pharmaceuticals ( KALV ): 38.35% GlucoTrack ( GCTK ): 34.48% Jack in the Box ( JACK ): 33.81% Groupon ( GRPN ): 33.76% Least Shorted Stocks (Market Cap ≤ $2B) Beyond Air ( XAIR ): 0.50% Brazil Potash ( GRO ): 0.50% Chemung Financial ( CHMG ): 0.50% WF Holding ( WFF ): 0.50% Polaryx Therapeutics ( PLYX ): 0.50% Neo-Concept International ( NCI ): 0.50% Solowin Holdings ( AXG ): 0.50% MSC Income Fund ( MSIF ): 0.50% Nautilus Biotechnology ( NAUT ): 0.50% Princeton Bancorp ( BPRN ): ~0.51% Here’s a list of small- and mid-cap ETFs: iShares Core S&P Small-Cap ETF ( IJR ), Vanguard Small-Cap ETF ( VB ), iShares Russell 2000 ETF ( IWM ), Vanguard Mid-Cap ETF ( VO ), iShares Core S&P Mid-Cap ETF ( IJH ), and the SPDR S&P MidCap 400 ETF Trust ( MDY ). More on Vanguard Small-Cap Index Fund ETF Shares, Vanguard Mid-Cap Index Fund ETF, etc. Oil Spikes Rhyme Through Time Are You Ready For 'Temporary Inflation'? Over A Barrel? Middle East Energy Crisis' Next Phase Affordability tops U.S. financial worries for fifth straight year, Gallup says ETFs extend their historic inflow streak to 82 months
lenta/iStock Editorial via Getty Images Victoria's Secret ( VSCO ) said that shareholder BBRC International and its Chairman Brett Blundy's campaign to withhold votes from two directors is distracting. "The Board is disappointed that Mr. Blundy and BBRC have launched a distracting campaign, which appears to be in response to the Board’s decision not to appoint him as a director," Victoria's Secret...
lenta/iStock Editorial via Getty Images Victoria's Secret ( VSCO ) said that shareholder BBRC International and its Chairman Brett Blundy's campaign to withhold votes from two directors is distracting. "The Board is disappointed that Mr. Blundy and BBRC have launched a distracting campaign, which appears to be in response to the Board’s decision not to appoint him as a director," Victoria's Secret said in a statement on Tuesday. Victoria's Secret ( VSCO ) said as recently as November the board has looked at adding Blundy as a board member, though it declined because his "appointment would introduce serious reputational, legal, conflict of interest and governance risks, threatening the progress the Company has made and its path forward." BBRC, which has a 13% stake in Victoria's Secret ( VSCO ) and is the company's second largest holder, on Monday said it wants shareholders to vote against Chair Donna James and board member Mariam Naficy at the annual meeting on June 11, according to a statement on Monday. "The Board is unanimous in its support of the directors BBRC has chosen to target," Victoria's Secret said in its statement. "Board Chair Donna James and Mariam Naficy have contributed meaningfully to establishing and overseeing the Company’s Path to Potential strategy and provide valuable expertise and perspective as the Company continues to execute it." Blundy, an Australian billionaire, had been quietly building a stake in Victoria’s Secret ( VSCO ) in 2022 but became more vocal regarding changes needed at the business in 2024, prompting the company to adopt a poison pill to prevent a hostile takeover. VIctoria's Secret ( VSCO ) said it won't extend the poison pill that's set to expire on May 18. Shares of Victoria's Secret ( VSCO ) rose 1.8%. More on Victoria’s Secret Victoria's Secret: Upgrading To A Cautious Hold, Due To The Sustained Demand Victoria's Secret: Bull Case Is Playing Out Nicely Victoria's Secret: A Clear Turnaround Opportunity (Rating Upgrade) V...
US Services Surveys Disappoint In April Amid Stench Of Stagflation Despite Manufacturing surveys solid (and US factory orders surging), expectations are for the Services sector surveys today to show stagflationary signals (weak growth, surging prices). S&P Global's Services PMI disappointed in April (final), falling from its flash print of 51.3 to 51.0, but still up from multi-year lows below 50 i...
US Services Surveys Disappoint In April Amid Stench Of Stagflation Despite Manufacturing surveys solid (and US factory orders surging), expectations are for the Services sector surveys today to show stagflationary signals (weak growth, surging prices). S&P Global's Services PMI disappointed in April (final), falling from its flash print of 51.3 to 51.0, but still up from multi-year lows below 50 in March, showing just marginal activity growth despite weak drop in sales volumes . ISM Services PMI also disappointed in April, falling from 54.0 to 53.6 (vs 53.7 exp) amid tumbling new orders and high prices . Source: Bloomberg Under the hood it was not a pretty picture at all with new orders slowing dramatically, Prices Paid holding near cycle highs, and employment contracting for the second month in a row ... “Although business activity returned to growth after a small decline in March, it’s clear the pace of growth has kicked down a couple of gears since the start of the year ," said Chris Williamson, Chief Business Economist at S&P Global Market Intelligence . The survey data are indicative of GDP growing at a modest 1% annualized rate. “Growth may weaken further," warns Williamson, as service providers are reporting lower inflows of new business for the first time in two years , reflecting an intensifying hit to demand from the war in the Middle East. “The direct impact of the war has been most evident in consumer-facing services, as high prices have led to a pull-back in discretionary spending on activities such as holidays and recreation, though transport has also been curbed by high fuel prices and travel disruptions." However, a secondary additional driver of renewed weakness is a drop in demand for financial services, in part linked to heightened uncertainty about market outlooks but also reflecting expectations of higher inflation and interest rates, which has hit real estate and lending activity. But it's not just weak growth/orders, prices are surging too... ...
Nominations also include recognitions for actors including Nathan Lane and Luke Evans while stars such as Lea Michele and Ayo Edebiri were snubbed The Lost Boys and Schmigadoon! lead this year’s Tony nominations with 12 nods each. The original musicals, based on the 80s vampire movie and cancelled Apple TV comedy respectively, will face off against each other in the category of original musical up...
Nominations also include recognitions for actors including Nathan Lane and Luke Evans while stars such as Lea Michele and Ayo Edebiri were snubbed The Lost Boys and Schmigadoon! lead this year’s Tony nominations with 12 nods each. The original musicals, based on the 80s vampire movie and cancelled Apple TV comedy respectively, will face off against each other in the category of original musical up against Titanique and Two Strangers (Carry a Cake Across New York). Continue reading...
In this article OXY Follow your favorite stocks CREATE FREE ACCOUNT Warren Buffett speaks with CNBC during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026. CNBC The surge in crude prices is igniting traders' appetite for one of the energy sector's most notable leaders. Traders piled into bullish options trades on Occidental Petroleum (OXY) ahead of its earnings repor...
In this article OXY Follow your favorite stocks CREATE FREE ACCOUNT Warren Buffett speaks with CNBC during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026. CNBC The surge in crude prices is igniting traders' appetite for one of the energy sector's most notable leaders. Traders piled into bullish options trades on Occidental Petroleum (OXY) ahead of its earnings report on Tuesday, with call volumes outpacing puts seven-to-one, and three times as many calls bought in Monday's session versus sold. Among the ten biggest trades by dollar amount, nine were buying upside exposure via calls or call spreads. In one of the biggest trades of the day, one trader spent $175,000 on a call spread expiring this Friday. They bought just under 5,000 of the 63-strike calls in OXY and sold the same amount of 69-strike calls, a bullish bet looking for a fresh 1-year high in the stock by the end of the week. Stock Chart Icon Stock chart icon Occidental, YTD Occidental shares closed higher by 2.7% Monday and were trading slightly lower Tuesday. Recent earnings history makes a compelling case that a positive earnings reaction could happen. Occidental's stock has rallied after 10 of its last 12 reports, including a 10% rip after its most recent report in February. After Monday's bounce it's now up 42% this year, compared to a 30% rally in the State Street Energy Select Sector ETF (XLE) . The company has long been a Warren Buffett favorite, with Berkshire owning 27% of the outstanding shares as of the end of the first quarter. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
We are buying 25 shares of Eaton at roughly $398 each. Following Tuesday's trade, Jim Cramer's Charitable Trust will own 250 shares of ETN, increasing its weight in the portfolio to 2.63% from 2.38%. We are picking up more shares of Eaton as the stock falls less than 6% after reporting first quarter earnings. The electrical equipment company posted better than expected numbers, beating Street esti...
We are buying 25 shares of Eaton at roughly $398 each. Following Tuesday's trade, Jim Cramer's Charitable Trust will own 250 shares of ETN, increasing its weight in the portfolio to 2.63% from 2.38%. We are picking up more shares of Eaton as the stock falls less than 6% after reporting first quarter earnings. The electrical equipment company posted better than expected numbers, beating Street estimates on both net sales and adjusted earnings per share (EPS). However, the stock dropped in early trading because management only raised its full-year adjusted EPS outlook by a small amount. Also, the midpoint of its second quarter earnings outlook was below the Street consensus estimate too. Investors in the AI infrastructure theme want to see bigger beats and raises to justify the year to date stock moves and high price-to-earnings multiples. In this snapshot of time, Eaton didn't deliver. We are buyers of this weakness because we have a longer-term view. If you look at Eaton's order book – which tells you where revenue and earnings are going in the future – there's a great story here. ETN YTD mountain Eaton YTD Organic orders accelerated in Electrical America's to 42% year over year, with data center orders up 240%. Elsewhere, Electrical Global and Aerospace orders increased 13% year over year. Eaton's an order story, and we think investors should focus more on the strength here over near term margin concerns. Also, the Boyd Thermal acquisition appears to be off to a terrific start with revenue increasing more than 100% year over year in the first quarter. This deal closed last March. Finally, we are fans of industrial breakups, and we were pleased to see the company reiterate its spinoff of the Mobility business is on track for the first quarter of 2027. Putting it all together, expectations were high into the Eaton print given its outperformance year to date, and we don't think this quarter derails that story. With shares down more than 6% in early trading, we are sco...
Donny DBM/iStock via Getty Images By James Picerno Inflation worries triggered by Middle East turmoil continue to hang over the global economy and financial markets. Economists are still debating whether hotter inflation driven by surging energy costs will persist or fade quickly once the conflict ends. The outcome may have implications for the US stock market. The ongoing rise in Treasury yields ...
Donny DBM/iStock via Getty Images By James Picerno Inflation worries triggered by Middle East turmoil continue to hang over the global economy and financial markets. Economists are still debating whether hotter inflation driven by surging energy costs will persist or fade quickly once the conflict ends. The outcome may have implications for the US stock market. The ongoing rise in Treasury yields is sharpening the focus on how equities might react to higher inflation. During Monday’s trading session, the 10-year yield climbed to 4.44%, the highest level since the initial spike in late March. If the benchmark rate exceeds the war-related peak of roughly 4.80% on March 27, the move could signal a new phase for the bond market as investors demand a higher risk premium for fixed-income securities. To help manage expectations by studying history, TMC Research analyzed how US stocks (S&P 500 Index) have performed following run-ups in interest rates, using the 10-year yield as a proxy. The review covers market behavior since 1970, a period that includes several inflationary episodes. The common assumption is that equities routinely suffer when inflation heats up and interest rates rise. But a quantitative look at the historical record tells a more nuanced story, as shown in the chart summarizing the distribution of stock market performance over various time horizons following yield spikes. There are many ways to test how the S&P 500 reacts to sharp increases in the 10-year yield, but the chart above reflects one specific framework. The analysis uses monthly data to reduce short-term noise and focuses on relatively large yield increases - defined as instances when the 10-year yield jumps sharply relative to its lowest level over the prior six months. The S&P’s subsequent performance is grouped into four horizons: 3 months, 6 months, 1 year, and 2 years. Within each horizon, the distribution of S&P outcomes is further divided into four buckets based on the size of the yield ...
After years of debate over whether claw and pinball machines encourage high-stakes gambling, Hong Kong has finally proposed stricter oversight to curb gaming, particularly among teenagers. Cases of addiction linked to these machines are rising in the city, but drawing a clear distinction between gaming and gambling remains difficult. As Hong Kong prepares to amend relevant laws, The South China Mo...
After years of debate over whether claw and pinball machines encourage high-stakes gambling, Hong Kong has finally proposed stricter oversight to curb gaming, particularly among teenagers. Cases of addiction linked to these machines are rising in the city, but drawing a clear distinction between gaming and gambling remains difficult. As Hong Kong prepares to amend relevant laws, The South China Morning Post examines how other jurisdictions regulate the trend and asks an expert from an addiction...
JHVEPhoto/iStock Editorial via Getty Images It’s been a wild ride since my last coverage of Micron . Micron shares initially dropped significantly by 23% only to come roaring back with an 87% gain in the wake of the tech-fueled rally we’ve all witnessed, a rally spurred on by perceptions of a cooling of tensions in the US-Israel-Iran conflict together with extremely bullish analyst revisions for e...
JHVEPhoto/iStock Editorial via Getty Images It’s been a wild ride since my last coverage of Micron . Micron shares initially dropped significantly by 23% only to come roaring back with an 87% gain in the wake of the tech-fueled rally we’ve all witnessed, a rally spurred on by perceptions of a cooling of tensions in the US-Israel-Iran conflict together with extremely bullish analyst revisions for earnings expectations. This sort of extreme volatility is what Micron investors sign up for when they buy MU shares. With all this having taken place, I think it’s useful to assess the current balance of risk and reward for investors going forward. Contrary to the FOMO vibes and frenzy that seems to be surrounding MU at the moment, I think the downside clearly outweighs the upside at present, especially for investors with a longer-term time horizon. We can appreciate this by analyzing the most material near-term risks to the current rally, as well as by examining the major longer-term structural downside risks for investors going forward. Near-term Risks It seems to me that the two main drivers of the recent rally in equity markets (i.e., perception of an easing of tensions in the US-Israel-Iran Conflict as well as the massively bullish re-rating of earnings expectations by analysts) leave things on shaky footing in the near-term – i.e., over the summer and going into the fall. This shaky footing presents particularly concerning risk for Micron investors over this sort of time frame. No Visibility on the Strait of Hormuz Re-opening First, there’s the glaring fact that the Strait of Hormuz is not re-opened, even though a cursory glance at equity markets might leave one with the impression that it re-opened around March 31 st . The most common estimate that circulates out there is that the closure of the Strait is curtailing the globe’s access to something like 20% of daily oil supplies. If this continues (and what compelling indication is there that it won’t?), at some point,...
JHVEPhoto/iStock Editorial via Getty Images It’s been a wild ride since my last coverage of Micron . Micron shares initially dropped significantly by 23% only to come roaring back with an 87% gain in the wake of the tech-fueled rally we’ve all witnessed, a rally spurred on by perceptions of a cooling of tensions in the US-Israel-Iran conflict together with extremely bullish analyst revisions for e...
JHVEPhoto/iStock Editorial via Getty Images It’s been a wild ride since my last coverage of Micron . Micron shares initially dropped significantly by 23% only to come roaring back with an 87% gain in the wake of the tech-fueled rally we’ve all witnessed, a rally spurred on by perceptions of a cooling of tensions in the US-Israel-Iran conflict together with extremely bullish analyst revisions for earnings expectations. This sort of extreme volatility is what Micron investors sign up for when they buy MU shares. With all this having taken place, I think it’s useful to assess the current balance of risk and reward for investors going forward. Contrary to the FOMO vibes and frenzy that seems to be surrounding MU at the moment, I think the downside clearly outweighs the upside at present, especially for investors with a longer-term time horizon. We can appreciate this by analyzing the most material near-term risks to the current rally, as well as by examining the major longer-term structural downside risks for investors going forward. Near-term Risks It seems to me that the two main drivers of the recent rally in equity markets (i.e., perception of an easing of tensions in the US-Israel-Iran Conflict as well as the massively bullish re-rating of earnings expectations by analysts) leave things on shaky footing in the near-term – i.e., over the summer and going into the fall. This shaky footing presents particularly concerning risk for Micron investors over this sort of time frame. No Visibility on the Strait of Hormuz Re-opening First, there’s the glaring fact that the Strait of Hormuz is not re-opened, even though a cursory glance at equity markets might leave one with the impression that it re-opened around March 31 st . The most common estimate that circulates out there is that the closure of the Strait is curtailing the globe’s access to something like 20% of daily oil supplies. If this continues (and what compelling indication is there that it won’t?), at some point,...
South African Reserve Bank Governor Lesetja Kganyago heralded the fortitude of the rand and other emerging-market currencies amid the Iran war, and said this could reflect a wider souring on US assets. “The broad resilience of emerging market currencies may well be due to weakening global trust in the US dollar and the need of investors to diversify portfolios,” he told an audience in the Eastern ...
South African Reserve Bank Governor Lesetja Kganyago heralded the fortitude of the rand and other emerging-market currencies amid the Iran war, and said this could reflect a wider souring on US assets. “The broad resilience of emerging market currencies may well be due to weakening global trust in the US dollar and the need of investors to diversify portfolios,” he told an audience in the Eastern Cape on Monday evening. “It is not that they are abandoning the dollar but nowadays no one wants to be all-in on the dollar either.” The rand, which had strengthened considerably before the conflict began on Feb. 28, has backed off to around the levels of late last year, even as oil-importing South Africa faces surging fuel prices. “The rand exchange rate has been surprisingly resilient so far,” Kganyago said. “It depreciated in March but then recovered to roughly pre-crisis levels. Many of our peers have had similar experiences.” The JPMorgan Emerging Market Currency Index has recovered since late March and is now almost back to pre-war levels. Investors have warmed to rand assets in recent months, reassured by growing confidence in the nation’s fiscal discipline, economic reforms and the central bank’s adoption of a 3% inflation target. Analysts at Moody’s Ratings, in a note published Tuesday, also point more broadly to durable improvements in public finances to explain how some large emerging market economies have been able to absorb external shocks. Not that the dollar’s dominance is under threat. International Monetary Fund data showed it accounting for around 57% of the world’s official foreign exchange reserves in the final quarter of 2025 versus under 2% for China’s yuan. Read More: South Africa’s Kganyago Keeps Options Open as CPI Risks Rise Still, Kganyago’s remarks touch on an undercurrent of criticism that US President Donald Trump’s actions since re-entering the White House will have lasting consequences for the dollar’s appeal. These include his trade tariffs,...
Gold investors chasing yield have a problem: bullion itself pays nothing. The Credit Suisse X-Links Gold Shares Covered Call ETN (NASDAQ:GLDI) was built to solve that, layering an options-selling strategy on top of gold exposure to manufacture monthly cash. The catch is structural, and with gold rallying hard, it has rarely mattered more than it ... UBS Gold ETN Trades Upside for Monthly Checks as...
Gold investors chasing yield have a problem: bullion itself pays nothing. The Credit Suisse X-Links Gold Shares Covered Call ETN (NASDAQ:GLDI) was built to solve that, layering an options-selling strategy on top of gold exposure to manufacture monthly cash. The catch is structural, and with gold rallying hard, it has rarely mattered more than it ... UBS Gold ETN Trades Upside for Monthly Checks as Bullion Surges
Sundry Photography/iStock Editorial via Getty Images In the months that followed my previous article , Toll Brother, Inc. ( TOL ) had seen extreme changes in the market environment. In February, it climbed up to its one-year high of $165, which initially justified my reiteration of buy rating. But as new challenges emerged, the market easily reacted, which led to its correction to $130. Even so, i...
Sundry Photography/iStock Editorial via Getty Images In the months that followed my previous article , Toll Brother, Inc. ( TOL ) had seen extreme changes in the market environment. In February, it climbed up to its one-year high of $165, which initially justified my reiteration of buy rating. But as new challenges emerged, the market easily reacted, which led to its correction to $130. Even so, its resilient business model and fundamentals still proved to be effective in giving positive influence in market perceptions. As you can see, it attempts to sustain its rebound and re-enter the $140-150 trading range. Valuation supports it as target prices warrant an upside. My only concern now is its technicals, which suggest extra caution in line with macroeconomic uncertainty. What Makes It A Buy 1. Valuation Is Exceptionally And Relatively Cheap. To reassess its valuation, I decided to update its Dividend Discount Model or DDM. The new annualized dividend is now $1.04 based on the most recent quarterly payout of $0.26. So, the dividend growth rate also increased to $12.73%. Meanwhile, I still set its risk premium at 6.0% to be consistent with my previous coverage and stay conservative relative to the market standard of just 5.0%. Lastly, its Beta is now 1.50, which means that it has become a bit less volatile than in my previous coverage. With all this information, my new TP or target price is $155.22, which shows that that TOL is still reasonable at this level. DDM (Author ) I also used price ratios. P/E shows that TOL trades at only 9.98x its EPS, which can be considered cheap. However, this is notably higher than the five-year average of 7.40x. If you use this to derive the fair value, the TP will only be $103.62. This can tell us that the stock price has increased faster than necessary. After all, it is already more than twice its value in 2021. P/E Ratio (Author) Now, one may argue that this is unfair since the ratio only shows how cheap or expensive it is relative...