Let’s See How Long this Dip Can Last

For current subscribers and interested parties in Cain Thaler’s Income Investment Report, the quarterly report has been posted and up for your analysis. If you’re interested in dividends and need a resource to generate ideas, backed by sound fundamental analysis, this is for you.

Happy Easter everyone, non-christian heathens included. Futures are off by around 1%, thanks to Friday’s jobs report. The Atlanta arm of the Fed is expecting flat GDP, which is going to stoke the flames of recession through the community of fucking assholes. You have nothing to fear, but fear itself.

I’d like to wager dollars to donuts we close up tomorrow. The fact that the jobs number was soft only lends to the idea that the Fed will not hike rates. With that off the table, the free money camp should run wild…naked…in the daytime.

The dollar should go down, gold up, stocks the fuck higher.

If not, fear not, the dip will be short lived.

Over the past two weeks, biotechs have softened, while residential construction and chinese stocks surged. The market is rotating out of one hot sector into another. But you know which sectors don’t give a shit about hot money? How about companies that are banking coin, generating tonnes of free cash flow?

I have an idea for you tonight, straight from one of my Exodus screens: Ralph Lauren, ticker RL.

Year to date, the stock is off by 26%. Yet, at the same time, the company is generating more than $200 mill in earnings per quarter. The PE is absurdly low and the price to sales ratio hasn’t been this low since 2007. I don’t like RL here, I love it.

NOTE: We might send emails to a limited few tonight to begin The PPT Exodus beta trials. If not tonight, soon.

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