The Fundamentals Don't Matter Anymore [View article]
Very good article. Thanks. Not exactly sure how many days in the past but at least 10-15 trading days there has been a surge in volume in the last 15-30 minutes on every stock I view at the end of the day (30 stocks spread across many sectors). I also have no clue but it is very obvious that money is coming in big. Very concerning to me and have put what I consider a reasonable amount into cash but holding steady during earnings season. Although I am not a fan of continuous QE, I am not certain that is the reason for volume surge. May be a result of many believe U.S. is the place to invest. Japan? Cyprus? China?
In terms of retail growth, in general, a lot of boomers are cautious and their children are as well due to educational debt. One last point, IMO, number of miles traveled is also impacted by more efficient cars as well as actual decrease. Not sure how they measure "miles traveled". Thanks again.
Market Update: Are Key Indicators Supporting The S&P 500 Rally? [View article]
Thanks for article and I agree with your position of buying tech stocks after a pull back. I believe that year end 2012 IT corporate purchases were soft due to very uncertain times and expect the trend to fade.
The number of oil rigs drilling in the U.S. rose for the third straight week, rising by 30 to 1,387 and capping the biggest three-week advance in more than a year, according to Baker Hughes' weekly rig count. Gas rigs also gained, rising by two to 377 from the lowest level since 1999 last week. [View news story]
Buy In May And Go Away, But Not Big Caps [View article]
I congratulate you on being mostly correct on stock calls in your articles that I have read (which is most, but not all). BBRY is down 6%+ today. Do you have a specific price that you would go long the stock? Thanks.
Reflections On The Current State Of Apple [View article]
Actually saw my first Galaxy during Christmas shopping, waiting in line to checkout, and initially thought it was a gaming device until he got a call. Understand that it may be popular outside US but it did look funny to me..... No offense intended.
Apple's Siri And WifiSlam A Perfect Match [View article]
Excellent article. Soon we will see the benefits of Apple ecosystem and appropriate tools to drive additional sales for their products. Beware shorties, you time is almost up.
A second Occidental Petroleum (OXY -0.3%) investor calls for the board to reconsider plans to replace CEO Stephen Chazen, concerned the decision is driven by personal differences between Chazen and Chairman Ray Irani and not disagreements over corporate strategy. Matrix Asset Advisors owns ~225K OXY shares; First Pacific, the first to come out against a CEO ouster, holds ~2.1M. [View news story]
As a shareholder I request you take this elementary playground fight behind closed doors. Or on second thought, keep on fighting and hopefully a shareholder friendly activist may take note and throw the egomaniacs off the school yard.
Tesla Motors (TSLA +3.2%) CEO Elon Musk pushes for support in Texas on a bill which would allow electric vehicle manufacturers to sell cars directly to consumers. Though the automaker has won a few victories in other states, the battle against Texas auto dealers could be a bit tougher. [View news story]
Not a shareholder but if he succeeds, maybe I will be.
Foxconn parent Hon Hai (HNHAF.PK), which is believed to get 60%-70% of its revenue from Apple (AAPL +1.2%), reported a 19% Y/Y drop in calendar Q1 sales to $27B. KGI Securities: "A quarterly decline was expected, but not a yearly decline ... This shows that Hon Hai's revenue depends too much on Apple, and iPhone orders corrected more than expected." Nonetheless, Apple is following the tech sector higher, a possible sign a weak Q1 is priced in. [View news story]
Apple has sold more units in the last year than ever before. So not sure how this could be related to Apple.
The Fundamentals Don't Matter Anymore [View article]
The Fundamentals Don't Matter Anymore [View article]
The Fundamentals Don't Matter Anymore [View article]
In terms of retail growth, in general, a lot of boomers are cautious and their children are as well due to educational debt. One last point, IMO, number of miles traveled is also impacted by more efficient cars as well as actual decrease. Not sure how they measure "miles traveled". Thanks again.
Market Update: Are Key Indicators Supporting The S&P 500 Rally? [View article]
The number of oil rigs drilling in the U.S. rose for the third straight week, rising by 30 to 1,387 and capping the biggest three-week advance in more than a year, according to Baker Hughes' weekly rig count. Gas rigs also gained, rising by two to 377 from the lowest level since 1999 last week. [View news story]
Wall Street Breakfast: Must-Know News [View article]
Apple's Story: Only The Beginning? [View article]
Buy In May And Go Away, But Not Big Caps [View article]
Reflections On The Current State Of Apple [View article]
Apple's Siri And WifiSlam A Perfect Match [View article]
A second Occidental Petroleum (OXY -0.3%) investor calls for the board to reconsider plans to replace CEO Stephen Chazen, concerned the decision is driven by personal differences between Chazen and Chairman Ray Irani and not disagreements over corporate strategy. Matrix Asset Advisors owns ~225K OXY shares; First Pacific, the first to come out against a CEO ouster, holds ~2.1M. [View news story]
Tesla Motors (TSLA +3.2%) CEO Elon Musk pushes for support in Texas on a bill which would allow electric vehicle manufacturers to sell cars directly to consumers. Though the automaker has won a few victories in other states, the battle against Texas auto dealers could be a bit tougher. [View news story]
Microsoft: Steve Ballmer Deserves The Ron Johnson Treatment [View article]
Foxconn parent Hon Hai (HNHAF.PK), which is believed to get 60%-70% of its revenue from Apple (AAPL +1.2%), reported a 19% Y/Y drop in calendar Q1 sales to $27B. KGI Securities: "A quarterly decline was expected, but not a yearly decline ... This shows that Hon Hai's revenue depends too much on Apple, and iPhone orders corrected more than expected." Nonetheless, Apple is following the tech sector higher, a possible sign a weak Q1 is priced in. [View news story]
Apple Has Become The Most Underrated Stock [View article]