PYZ News and Press, Invesco DWA Basic Materials Momentum ETF From 07/25/22

The "fear" of a "possible" recession "in the future" has caused the price of steel to plunge and take CLF stock with it. The company reported pretty strong earnings report, and naturally the market had a ludicrous reaction to the one nickel miss versus consensus. Sure, a recession...

Price increases and strong demand for Valvoline’s products and services drove revenue growth for the company in fiscal 2Q22. Valvoline’s retail presence drives strong same-store sales. The company’s same-store sales have grown year-over-year in 15 consecutive year...

Invesco DWA Basic Materials Momentum ETF (PYZ) - $0.2685. 30-Day SEC Yield of 0.96% as of June 17. Payable Jun 30; for shareholders of record Jun 22; ex-div Jun 21. For further details see: Invesco DWA Basic Materials Momentum ETF declares quarterly distribution of $0.2685

Nucor has sold off by more than 30% in the last few months. While the investment has many moving parts, the ultimate driver here is that the stock is cheap. If 2023 sees steel prices weaken substantially, the stock could end up priced at 10x free cash flow. That's not such a bad outco...

Alcoa is facing a tough market, affected by inflationary pressures and the associated interest rate increases. The company has made good steps in controlling their production cost and is transitioning rapidly into "greener" aluminum products. Despite aluminum prices expected to fa...

According to the leading indicators of economic growth, the business cycle looks set to enter a period of material deceleration in the months ahead. This growth downturn is a continuation of the slowdown that began in the latter half of 2021. Combined with this downturn in growth, the...

LYB has had strong performance momentum lately and is returning a lot of cash to shareholders while also deleveraging that balance sheet. While there is a lot to like about LYB, we want a portfolio of our highest conviction picks. We share why LYB is no longer a high conviction bu...

The stagflation scenario got a little more traction last week with the release of a negative Q1 GDP print on Thursday and hints of more inflation on Friday. April was a really rotten month with everything down but the general commodity indexes. Investing is mostly an exercise in s...

The trailing PEBV ratio for the NC 2000 fell from 1.7 in 3/31/21 to 1.3 in 3/31/22. This trailing PEBV ratio compares the NC 2000’s expected future profits (as reflected in its price) to its economic book value. Four NC 2000 sectors, Telecom Services, Financials, Basic Mate...

Follow the Money is a series of brief, information-rich posts that I will publish periodically but not on a fixed schedule. After rallying for 9 of the last 11 days, the S&P 500 went from down -13% to down just -3.4%. Growth has been hit hard by the slide in tech stocks this y...