From residential housing to Uber’s dizzying $40B capital round, asset valuations have never been so high. Understandably, many small business owners looking to sell expect to write their “own number.” While it may be possible in a few situations to do so, these expectations along with other perceived business risks have created substantial difficulty in…
Lessons from a 17-year-old investor A few weeks ago social media was buzzing with a New York magazine story about a teenager who made $72 million trading stocks during his lunch break at high school. It turned out that was just a farce. Even before that Business Insider ran a profile of 18-year-old Julian Marchese…
Stocks popped on the open to the upside, but then it was pretty much a Brownian motion for the rest of the day, with stocks same or lower to the open on low volumes. Pleasant evening.
Stocks popped on the open to the upside, but then it was pretty much a Brownian motion for the rest of the day, with stocks same or lower to the open on low volumes. Pleasant evening.
Stocks Have Stalled In This Area Previously The recent push off the Fed meeting low has brought equities back to a familiar area. The chart of the S&P 500 below shows the upper blue line has acted as resistance three times in the last six months (see orange arrows). Reaction To Economic Data Investors’ reaction…
Despite fearmongering by Greek prime minister and the EU, prime minister Antonis Samaras fell 12 votes short of a needed majority to elect a new Greek President. As a result, snap elections will be held on January 25. Stavros Dimas, a former EU commissioner, captured 168 votes in Monday’s decisive third presidential ballot, 12 short…
Today I used Barchart to sort a list of large cap stocks analysts have predicted will out perform the market for the ones having the most frequent new highs in the last month. The smallest OTTR has a market Cap of $1.18 billion. Today’s list includes: Rite Aid (NYSE:RAD), Otter Tail(NASDAQ:OTTR), Benchmark Electronics (NYSE:BHE), ITC Holdings(NYSE:ITC) and …
Many Big Winners Are Among Rayno Diagnostics and Tools Stocks in 2014 Abaxis (ABAX) up 46% A major “Point of Care” (POC) Dx Player in veterinary and human markets. Exact Sciences (EXAS) up 135% An emerging Dx player with non-invasive, DNA based test for colon cancer. Illumina Inc. (ILMN) up 68% Leading provider of DNA sequencing…
Analysts on every financial news network are screaming about how the lower oil and gas prices will spur on the U.S. consumer and lead to a stronger economy. It is true that total retail sales rose 0.7 percent in November, beating analysts’ expectations of 0.4 percent. And the Thomson-Reuters University of Michigan survey of consumers…
It’s just a coincidence. Margin debt at all-time highs. Corporate profits at all-time highs and now falling. Bullish investor sentiment at all-time highs. Valuations at highs seen in 1929, 2000, and 2007. QE is done. Issuance of subprime debt at record levels. High yield rates soaring. Japan in a depression. Europe in a recession. China…
