A Discussion of National Retail Properties (NNN)

Streetwise for Sunday, August 20, 2017: Warren Buffett said in a 1999 Fortune magazine article that the key to investing is “…determining the competitive advantage of any given company and, above all, the durability of that advantage. The products or services that have wide, sustainable moats around them are the ones that deliver rewards to…

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Rudd’s MarketView for Tuesday, August 22, 2017

Summary: The major domestic equity indexes opened higher on Tuesday, with the Dow Jones Industrial Average gaining more than 100 points, as investors went bargain hunting following a turbulent two weeks, while awaiting the annual central bankers meeting in Jackson Hole later this week. The S&P fell 2.1 percent in the last two weeks, the…

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Rudd’s MarketView for Monday, August 21, 2017

Summary The S&P 500 ended up slightly on Monday after two days of declines, though simmering tensions between the United States and North Korea kept investors on edge and a decline in the price of crude oil weighed on energy shares. The attention is now on the Fed’s Jackson Hole meeting and any comments made…

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Rudd’s MarketView for Friday, August 18, 2017

Summary The major domestic equity indexes lost ground to end lower on Friday following a White House-focused week that raised more questions about the Trump administration’s ability to implement its pro-growth agenda. While the day’s losses were small, Friday marked the first-time stocks have not moved back into positive territory the day after a more…

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Rudd’s MarketView for Wednesday, August 16, 2017

Summary The major equity indexes ended the trading day on Wednesday slightly higher but off the day’s highs as worries mounted over President Donald Trump’s agenda. Adding to the day’s concerns were the minutes from the latest Federal Reserve meeting, which suggested the Fed remains worried about weak inflation. Some members called for a halt…

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Rudd’s MarketView for Tuesday, August 15, 2017

Summary The major domestic equity indexes ended the trading day on Tuesday with little change as declines in Home Depot and other retailers offset upbeat national retail sales data. Home Depot ended the trading day down 2.7 percent and was the largest drag for both the S&P 500 and Dow Jones Industrial Average. Although the…

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Let’s Reconsider Coach

Streetwise for Sunday, August 13, 2017 On August 15, Coach will release the company’s fourth quarter and year end results. The company’s fiscal year ends at the beginning of July. This is a company that I wrote about several years ago, prior to it falling on some difficult times. The question now is whether the…

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Don’t Fear the Fear Mongers

Streetwise for Friday, August 11, 2017 An unexpected spike of anxiety in the continuum of world news will usually be followed by the words, “Equities are over-priced, the markets are too buoyant, a major correction is eminent, traders are not being prudent.” This will be followed up by a stream of rhetoric from people who…

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Rudd’s MarketView for Monday, August 14, 2017

Summary The major domestic equity indexes recovered nicely on Monday, from last week’s selloff, with the S&P 500 posting its largest one-day percentage gain since April. The primary reason was an easing of concerns that resulted from the bellicose behavior on the part of both the United States and North Korea. Government officials on Sunday…

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Rudd’s MarketView for Friday, August 11, 2017

Summary The three major domestic equity indexes ended the trading day higher on Friday, snapping three days of losses, as the Street came to the conclusion that there will be slower interest rate hikes, but gains were muted by increasingly aggressive exchanges between the United States and North Korea. Weaker-than-expected July consumer price data led…

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