Google Vs. Apple: Spring Of Hope, Winter Of Despair [View article]
Your article is weakened by the fact that you quote (and apparently take the time to read) Cramer's blog. You can do better than that. Also, just as ann FYI, Google's venture into music is not designed to compete directly against Pandora, only Spotify.
This one was (is) a no-brainer. The Hedgies love it. That typically foreshadows a huge gain (followed by precipitous drop when the herd stampedes out onto greener pastures). This is a pattern that works time and time again in today's market.
More from AIG's Q1 earnings: A slight miss on revenues ($8.56B vs. $8.64B expected) isn't damping AH enthusiasm with shares up 2.5%. Q1 after-tax operating income of $2B compares with prior-year $3B - which had included pretax income from investments (including Maiden Lane) disposed of in 2012. Insurance operating income of $3B is up 28% Y/Y. "Our priority this year is to improve operating fundamentals and reduce costs," says CEO Robert Benmosche. [View news story]
Amazon: Good Business, Bad Stock - Stay Away For Now [View article]
As long as the hedgies love AMZN (and Bezos remains the darling of the street, which has persisted for several years), fundamentals are irrelevant to this stock. If and when the hedgies move on, the bottom will drop out, but they clearly feel there is more money to be made. I've learned not to bet against them, and never to underestimate the power or charisma of Bezos, even though AMZN is in nosebleed territory. From the street's perspective Amazon has only just begun its reign.
Apple (AAPL +2.4%) rallies as the sell-side finds some encouraging data in the company's FQ2 10-Q (filed on Wednesday). Wells Fargo notes Apple has a net deferred gain of $517M related to cash flow hedges, and expects this to benefit gross margin by 150 bps in the coming quarters. It also points out FQ2 GM would've been 38.4% (rather than 37.5%) if not for a product warranty accrual. BMO, meanwhile, argues the 10-Q makes Apple's FQ3 GM guidance of 36%-37% look conservative. Today's gains come even as Cirrus Logic, which got 85% of its March quarter sales from Apple, falls thanks to cautious remarks about FY14 growth. [View news story]
I have determined, based on careful analysis of the weather report, that the sky appears blue. Sounds like noidea2 and I should be analysts. We're extremely perceptive, like Wells Fargo.
Apple Investors Are Missing The Big Picture [View article]
Puzzlingly, the street says AMZN, eaglehill. Bezos is the man. I don't see that momentum ceasing anytime soon. By the time Apple recovers, AMZN will have made its investors another 20% on top of the huge year-to-year gain.
I own zero AMZN and think the stock is ridiculously overvalued. I own lots of APPL and think the stock is ridiculously undervalued. However, what I "think" and what reality suggests are completely irrelevant in today's market.
Amazon: Is Future Growth Enough To Justify Current Valuation? [View article]
Because Bezos is a maestro on the Street, while guys like Tim Cook are mere beginners. Bezos is Steve Jobs. Fundamentals really do not matter in a gamed market driven by Hedgies, HFTs, and social media.
Gold And Silver May Soar On Short Squeeze [View article]
I agree, Jeb, that stocks are far overbought. However, the bullion banks are much more powerful than you and I could ever imagine. They will continue to guide the metals wherever they want them and whenever they so desire -- like a cat with a toy.
David Einhorn likes Apple's (AAPL) feisty share buyback : "We applaud Apple's decision to borrow money and return excess capital to shareholders, an idea that was off the table only months ago. This positive development represents a more shareholder friendly capital allocation policy and demonstrates the conviction of Apple's management and board in the Company's future." [View news story]
scott, I'm no AMZN fan, and I wouldn't touch it at this point, but Bezos is leagues ahead of Cook as a leader. Not even close. I'm also not convinced Cook is much of a supply-chain manager, which is purportedly his strength. I just don't see the proof in the pudding.
Google Vs. Apple: Spring Of Hope, Winter Of Despair [View article]
AIG: Where Do We Stand? [View article]
What Tim Cook Must Do To Turn Apple Around [View article]
Some Moves Are Consistent With Severe Leverage In The System [View article]
More from AIG's Q1 earnings: A slight miss on revenues ($8.56B vs. $8.64B expected) isn't damping AH enthusiasm with shares up 2.5%. Q1 after-tax operating income of $2B compares with prior-year $3B - which had included pretax income from investments (including Maiden Lane) disposed of in 2012. Insurance operating income of $3B is up 28% Y/Y. "Our priority this year is to improve operating fundamentals and reduce costs," says CEO Robert Benmosche. [View news story]
Amazon: Good Business, Bad Stock - Stay Away For Now [View article]
Apple (AAPL +2.4%) rallies as the sell-side finds some encouraging data in the company's FQ2 10-Q (filed on Wednesday). Wells Fargo notes Apple has a net deferred gain of $517M related to cash flow hedges, and expects this to benefit gross margin by 150 bps in the coming quarters. It also points out FQ2 GM would've been 38.4% (rather than 37.5%) if not for a product warranty accrual. BMO, meanwhile, argues the 10-Q makes Apple's FQ3 GM guidance of 36%-37% look conservative. Today's gains come even as Cirrus Logic, which got 85% of its March quarter sales from Apple, falls thanks to cautious remarks about FY14 growth. [View news story]
Apple Investors Are Missing The Big Picture [View article]
Sure wish that were true, UncleFred, but there are hundreds of contrary examples over the past decade.
Apple Investors Are Missing The Big Picture [View article]
I own zero AMZN and think the stock is ridiculously overvalued. I own lots of APPL and think the stock is ridiculously undervalued. However, what I "think" and what reality suggests are completely irrelevant in today's market.
Apple: Complete Reset Of Expectations Could Mark The Bottom [View article]
Amazon: Is Future Growth Enough To Justify Current Valuation? [View article]
Gold And Silver May Soar On Short Squeeze [View article]
David Einhorn likes Apple's (AAPL) feisty share buyback : "We applaud Apple's decision to borrow money and return excess capital to shareholders, an idea that was off the table only months ago. This positive development represents a more shareholder friendly capital allocation policy and demonstrates the conviction of Apple's management and board in the Company's future." [View news story]
Apple Q2 2013 Earnings Are Out: What You Need To Know [View article]
Apple: Massive Buyback Powers Shares After Hours [View article]