Delia’s (DLIAQ) and Deb Shops filed for bankruptcy in December. That’s 438 more vacant storefronts across America. Now Wet Seal (WTSL) will close at least 338 more stores, and likely all 500 when they file for bankruptcy in the next couple weeks. Then the biggie. RadioShack (RSH) will end up closing 5,000 locations when they…
TM Editors’ Note: This article discusses penny stocks and/or microcaps. Such stocks are easily manipulated; do your own due diligence. As far back as 1942, economists have noted that small-cap companies in particular tend to surge at the beginning of the year in a cycle known as the January Effect. After the year we have…
Having looked at millions of charts over the years, my eyes have become pretty good at spotting patterns, including those that would be invisible to saner people. One example is Eastman Chemical, which is sporting what I consider a pretty impressive diamond reversal pattern: Here’s a larger view to give it some context:
Shares of Micron Technology Inc. (MU – Analyst Report) went down 4.6% in after-hours trade on Tuesday after the company reported lower-than-expected first-quarter of fiscal 2015 revenues and provided a tepid second-quarter revenue guidance. After an attempted recovery, shares dropped another 2.34% Wednesday. Adjusted earnings (excluding the impact of the Micron Memory Japan, Inc. acquisition…
One of the stocks that I get the most questions about is Tesla. I’m not sure whether investor interest is due to the gorgeous lines of the Tesla Model S, its amazing high-performance engine, the high-flying stock, or the energy-saving nature of all-electric vehicles… but Tesla is a very popular subject. Tesla cars don’t just…
DJII falls, U.S. Treasuries rise, pushing Dividend-Discount value to record Despite the consensus that U.S. Treasury rates have nowhere to go but up, they are falling and at today’s intraday low of 2.49% on the 30 Year T Bond it is fast approaching its lowest ever level of 2.44% of July 2012. At 1.91% the…
The new year means a fresh chance at reinventing yourself and getting what you truly want out of life. This can ring especially true for your career. Are you one of the half of workers today that are just tolerating their current job, or even actively hating it? These numbers are according to a Gallup poll, and…
Monsanto Company (MON – Analyst Report) reported better-than-expected bottom-line results for first quarter of fiscal 2015 (ended Nov 30, 2014). The company reported adjusted earnings of 47 cents per share, above the Zacks Consensus Estimate of 34 cents. However, results came 29.9% below the year-ago earnings of 67 cents. Revenues Monsanto generated revenues of…
“There are too many ugly balance sheets,” warns one energy industry analyst, adding simply that “the group is not positioned for this downturn.” While the mainstream media continues to chant the happy-clappy side of lower oil prices, spewing various ‘statistics’ about how the down-side of low oil prices is ‘contained’ and the huge colossal massive tax cut means…
The ‘Dogs of the Dow’ might seem interesting investments to many investors thanks to their historical outperformance. The strategy of the Dow Dogs proved beneficial for eight times over the past 14 years when it outpaced DJIA. Though Dow Dogs has clearly beaten DJIA returns including dividends in 2014, the concept lagged the benchmark by a slim…
