Intuitive Surgical, Inc. designs, manufactures, and markets da Vinci surgical systems, and related instruments and accessories. Its da Vinci Surgical System transforms the surgeon’s natural hand movements outside the body into corresponding micro-movements inside the patient’s body.
Intuitive Surgical, Inc. has been at the forefront of robot-assisted surgery for more than two decades. The beauty of their products is they allow quicker recovery times for patients undergoing surgery through minimally-invasive surgery which lower the bill for all parties involved.
Traditional open surgery involves a large cut so the surgeon can see the part of the bodying being worked on. Minimally invasive surgery involves small cuts and accessories like small tools, cameras, and lights that fit through several tiny cuts in your skin. And minimally invasive surgeries done by robotic technology allows for more precise control through an operative field in 3-D resulting in a speedier recovery spent at home vs. in the hospital.
Robotic surgery is steadily carving its niche across a wide array of surgical fields within MedTech. In neurosurgery, image-guided robots enable the examination of brain lesions without resulting in any major damage to adjacent tissues. In orthopedics, robotic surgery helps shape the femur to precisely fit prosthetic hip-joint replacements. Currently, an increasing number of orthopedic surgeons are opting for robot-assisted surgery for knee, hip and spine. Robot-assisted surgery has also been finding its application in urology, especially in prostatectomy. Complex gynecological surgeries have also been witnessing the increasing adoption of robotics, using the Da Vinci Surgical System.
It’s no wonder that over
the last five years, Intuitive Surgical earnings per share have grown 21% per
year, which has translated for their stock price increasing 28% per year during
that same time frame. And this past
week, their earning results continue to impress.
Intuitive Surgical
reported earnings per share of $3.43 a share in the third quarter, beating
expectations of $2.96. Revenue also
topped expectations at $1,128 million, compared to $921 million in the third
quarter of 2018.
The company credited the earnings beat due to increased U.S. general surgery and worldwide urologic procedures utilizing their da Vinci robot.
275 da Vinci robot were shipped in the quarter, an increase of 19% vs. the year-earlier period. There are now there were 5,406 installed da Vinci systems worldwide and this number will only increase as the cost of health care continues to rise.
Speaking of rising, where is the stock heading next, let go to the charts to find out? Right now the playing field is between the weekly demand at $450 and the weekly supply at $580.
Thus, the chart suggests to go short if price makes it up to the daily supply at $580.
This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.
The Oracle of Omaha has been building a warchest of cash and generally when that happens it is because he’s betting on a discount buying opportunity.
Whether that comes to fruition and we see a drop in stocks in the next year or so is anyone’s guess. However, it seems the chart in this post is an indicator Buffett pays attention too.
Wilshire 5000 to GDP Ratio
The Wilshire is considered the benchmark index to measure all U.S. equities. After all it has 6,700 stocks in it, thus we can be comfortable that it is a solid representation of the broader market.
Well apparently Buffett, and others, use the index against nominal quarterly gross domestic product (GDP) to determine valuation of the market.
That is what the chart is showing and as you can see based on that measure the market is valued high – as high as it was in 2008 with valuation climbing for nearly 10 straight years.
Does this guarantee stocks will go lower? – Nope. I learned long ago that nothing has to happen, we can always get more overvalued.
It does mean there is alot of downside risk right now for what is likely limited upside, which is usually not the risk profile you want for an investment.
WD-40 which stands for “water displacing” was first used by the military in the ’50s to clean up Atlas missile parts. Throughout the years, people have found over 2000 uses for WD-40. Growing up in the projects of NYC, I have seen my fair share of roaches, but I just found out I in addition to using Raid Roach spray, I could of used WD-40 for instant kills as well.
We all know it, have seen it, probably even take it for granted. I’m talking about WD-40. It has infinite uses and is the real utility knife. Just to get you acquainted again with WD-40, here are just 10 of the the 2000 uses of WD-40.
Despite the bump up in price this week, the levels in play and to monitor are the $150 level on the downside and the $188 level on the upside.
I like to think I’m creative with my titles, so the title three months ago was a play on words. Everyone should have WD-40 in the cabinet. However, WD-40 wasn’t a buy three months ago simply put, because the upper limit was $190, the reward wasn’t worth the risk. But thinking about this further, I guess it’s all relative and depends on what type of investor / trader you are. Anyway lets get back to WD-40.
WD-40 is a straight cash money making machine. The company has grown their dividends on a year basis that’s equivalent to 9% over the last 10 years. WD-40 has been growing its earnings per share at 13% each year over the past 5 years. It’s no wonder institutional investors hold almost 90% of the stock.
WD-40 reported earnings this past week. Although they beat earnings expectations, their outlook was below expectations and on the news the stock price fell the next trading day, but came storming back closing $7 up on the day. However, the fact that price breached a major resistance/support line, I think the risk is to the downside now.
This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.
There are many expenses involved when selling real estate taxes is one of the biggest, especially if you have to pay capital gains.
However, if you know the tax rules then the amount of taxes you pay (if any) can be drastically reduced. Let’s cover a few ways to reduce that tax burden.
Reducing Capital Gains Taxes on Real Estate, Legally!
1.) Short-term vs Long-term capital gains
Properties that are held for more than a year are taxed at the long-term capital gains rate. This is noteworthy because that tax rate is 0% up to $39,475 for a single filer. Then it jumps to 15% and holds there all the way up to $434,000.
If you buy and sell a property within one year then it’s taxed as short-term gains and you pay the ordinary income tax rates which start off at 10% up to $9,700 and progresses to 12% up to $39,475 before jumping to 15% and so on and so forth with 37% being the top tax rate.
2.) Increase Your Cost Basis
The price you pay for a property is your cost basis in the eyes of the IRS. Meaning if you spent 150K to acquire a property and sold it for 200K then you have a 50k taxable gain.
If you completed capital improvements on the property those costs can be added to your costs basis though. Be sure to keep those receipts so you can tack on that 8K cost for a new roof and reduce the tax burden.
3.) Do a 1031-Exchange
Many investors have heard of this one and it gives you the ability to not pay capital gains (or technically postpone them) on the sale of a property by rolling the money into another property.
It’s deemed a “like-kind” exchange meaning you sell an investment property to buy another investment property that is used similarly.
There is a 45 day window to identify properties to the IRS that you plan to buy and then you must close on one of them within 180 days to avoid triggering the capital gains tax.
Plenty of other rules and methods…
Those are just three ways to alleviate the tax burden, there are many other options out there such as investing from a self-directed IRA and so on. This is why it’s important to have a solid account knowledgeable in real estate investing.
Be sure to have them work you through the all the options and verify the examples I have given above as I’m an investor, not an accountant.
Having to pay some taxes is a good problem to have. It means you are doing profitable deals and are buying right. Always use the property calculator to ensure you buy right!
The U.S.-China trade war will cut 2019 global growth to its slowest pace since the 2008-2009 financial crisis, the International Monetary Fund warned on Tuesday, adding that the outlook could darken considerably if trade tensions remain unresolved.
Earlier this week, the International Monetary Fund (IMF) said its latest projections for the world economy show 2019 GDP growth at 3.0%, down from 3.2% in a July forecast. The main culprit was the US-China trade war which is expected to cut 2019 global growth to its slowest pace since the Great Recession.
Although, the US and China reached a phase I trade deal last week, the IMF stated if deal isn’t reached in the near future, the slowdown in the world economy could worsen, case in point….China.
China’s growth outlook for the remainder of the year and into 2020 is expected to weaken further because of obstacles including drag from the ongoing trade war with the United States, analysts said.
The next mile marker in China’s economic slowdown will come on Friday, when the country reports third quarter growth. Analysts expect it to slow to 6.1 per cent from the 6.2 per cent rate seen in the second quarter, which was the lowest growth rate since the government started publishing quarterly gross domestic product (GDP) statistics in the first quarter of 1992.
But analysts are rapidly revising down their expectations for 2020 below the lower end of this year’s growth range. Most forecasts put next year’s growth between 5.5 per cent and 5.9 per cent, with the International Monetary Fund’s just-released projection at 5.8 per cent.
Source
The MSCI Emerging Markets Index stands for Morgan Stanley Capital International (MSCI) and is an index used to measure equity market performance in global emerging markets. The MSCI ETF that tracks this index is heavily exposed to China. So where is price of the MSCI ETF headed, lets go to the charts?
Monthly Chart (Curve Time Frame) – monthly demand is at $120.
Weekly Chart (Trend Time Frame) – the trend is still up, but momentum appears to be stalling.
Daily Chart (Entry Time Frame) – the chart suggests once the support breaks, to look for shorts to the down side with a first target at the weekly demand at $172.
This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.
There is a saying to follow the smart money. With the performance of hedge funds over the past decade relative to the S&P 500 some may think that isn’t the smart money.
I’m smart enough to know they are still worth paying attention to because the sheer size of the positions they put on impact individual stocks and sectors.
Bank of America Merrill Lynch Fund Manager Survey
This survey gives us insight into what hedge fund managers are investing in, the latest survey showed money moving toward utilities, consumer staples and healthcare and out of energy and materials.
In addition to the movement within stock sectors there was an increase in bond holdings and a reduction in stock holdings.
This is what I recall from my view of the report which is proprietary/subscriber based.
When I think of Northeast Winter, I think of heating oil. Growing up in the projects of New York City, each building had these big boilers ground and every so often I would see a tanker truck refilling the boiler. As I got older finally realized the black plume of smoke I use to see, it was the combustion of the heating oil in the boiler as it was producing steam for heat and hot water.
NOTE: I grew up right there on the Lower East Side of Manhattan.
Now the Northeast heating oil industry is start to put pressure on the state in the New England regional to mandate biodiesel content in home heating oil in an effort to carbon emissions. This should be an easy victory for the Industry as because a lot of the heating oil used in New England already contains some biodiesel, but its use is not required in every state.
And across the country, they are encouraging Seattle residents to switch to cleaner heating system by implementing a new tax on the sale of home heating oil to the tune of $0.24 / gallon starting 9/1/20.
Heating oil is a petroleum product refined from crude oil. Heating oil and diesel fuel are closely related products called distillates. Distillation is the process of separating the components or substances from a liquid mixture by using selective boiling and condensation. I studied chemical engineering in college and can appreciate the massive refiners out there.
Refiners who produce heating oil often make decisions about how much to produce based on the price they are paying for crude oil. However, buying your heating oil during the summer months is usually a better bet because prices tend to drop based on the lack of demand.
As the winter approaching, what can homeowners expect to pay for the price of heating oil, lets go to the charts to find out?
Monthly Chart (Curve Time Frame) – monthly supply is at $2.4560 and monthly demand is at $1.6000.
Weekly Chart (Trend Time Frame) – the trend is sideways.
Daily Chart (Entry Time Frame) – the chart suggests to play the extremes, wait for price to get to the daily supply or daily demand before considering a trade set-up
This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.
Yesterday I discussed Chainlink (LINK) and how $2.50 could potentially act as a support given prior price action.
Just a little trade…
Now that price touched the 10 day moving average after digesting the prior up move I have decided to take a shot and bought 300 coins at 2.56
If you look at the chart you can see we may have a little double bottom intraday as 2.45 was the low of yesterday’s candle and today so far.
I may be jumping the gun as this candle had not closed and anything can happen in the remaining hours, but with a clear exist of 2.45 it was worth risking 10 cents to make 30 or so as the high of 2.98 is my profit target.
It certainly doesn’t scream get long, but it’s a decent enough risk-reward and setup to speculate and try and pickup an easy $100.
I immediately thought
about the which one is the lesser of two evils…very similar when Hillary was
running against Trump a couple of years ago.
Nevertheless, I wanted to
get a tidbit from the article before I give you my opinion.
ExxonMobil (NYSE:XOM) is an old hand with a diversified business model. While the name Dow (NYSE:DOW) is old, it’s really a new company today, with a focus on the chemical space. Here’s a few things you need to think about to decide which one of these iconic names is a better fit for your portfolio.
Exxon is working through a difficult period for oil prices and spending heavily to improve its business. It has a rock-solid balance sheet and looks relatively cheap from a historical basis (the yield is higher than it has been in decades). It is hardly risk-free, but it has a long history of success behind it. Even conservative investors would be OK jumping aboard here.
Dow has a great name and solid businesses, but is really a new company today with a very limited history. Its balance sheet isn’t as strong as Exxon’s, but it also isn’t likely to face the same top- and bottom-line swings. That also suggests its target payout ratio is reasonable. However, with little track record, most investors would probably be better off giving the company at least a year or so to get its house in order before jumping on this high-yield stock.
Sector SPDR ETFs have become one of the most popular ways to invest in specific sectors of the stock market. Sector SPDRs track 11 different sectors in the S&P 500. It’s important to note that 39% of a stock’s move is due to the sector that it belongs to. The remaining balance is 41% of a stock’s move is due to the index and only 20% of a stock’s move is due to the company itself.
Since May I started tracking the SPDR sectors based on a moving average and a rating system I developed. It’s been fairly accurate in identifying the strongest and weakest sectors. Please note Exon belongs to the XLE sector and Dow belongs to the XLB sector.
Here are the results from
last week.
Here are the results from
wk of 5/13/19
As you can see, both companies have been in the worse sector five months ago and today. And when I look at the monthly chart for both companies, the chart suggests ExxonMobil will fall to the monthly demand at $68,
while the chart for DOW suggests price will fall to weekly demand at $42.
If I was Motley Fool, I would of probably titled the article, “Better Buy In the Future: ExxonMobil Or Dow” because neither one of them is worth buying at this point.
This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.
