“Perfection, of a kind, was what he was after, And the poetry he invented was easy to understand; He knew human folly like the back of his hand, And was greatly interested in armies and fleets; When he laughed, respectable senators burst with laughter, And when he cried, the little children died in the streets.”…
The Chart of the Day belongs to Ultragenyx (NASDAQ:RARE). I found the pharmaceutical stock by using Barchart to sort today’s All Time High list for the stocks with the highest Weighted Alpha then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 5/11 the stock gained 100.07%. Ultragenyx Pharmaceutical Inc. is involved…
In spite of the fact that Uber is the most banned company in the world, it thrives for one simple reason: People like it, especially business travelers and millennials, even if politicians don’t. For the first time ever, Uber Tops Taxi Use for Business Travelers. In the three months ended in June, Uber overtook taxis as…
International Business Machines released its latest earnings report after closing bell tonight, posting non-GAAP earnings of $3.84 per share, a 15% year over year decline, and revenue of $20.8 billion, a 1% year over year decline after adjusting for currencies and the divesture of the System x business. Analysts had been expecting earnings of $3.78 per share…
I did a recent post here and over on ZeroHedge which got a lot of views based on the SPY/GLD ratio. Some readers pointed out something that hadn’t occurred to me before: the ETF GLD didn’t even exist until November 2004, which means the ratio is really only valid starting on that day. (SPY, on the other…
Who doesn’t want a portfolio that generates higher returns? However, the mixed bag of events in the domestic turf is leaving investors perplexed about which stocks to count on. On the one hand, the recent weak June retail sales data raises concerns over a step up in economic activity, while on the other, a dismal…
If you have not done so already, it is probably time to take profits in US equities. The advance is so narrow it is almost chilling, with the upward momentum in stocks down to a handful of new era tech giants. Down volume was almost double up volume on the broader market. The wiseguys were…
I want to make a confession, one many might find bizarre coming from any equity investor and especially from one who has been a professional in the markets since 1980. Are you sitting down? Hopefully you are. OK. Here goes: I have no idea what stocks I own. (And I hate being asked at social…
The bulls are attempting to outdo each other as often happens at or near market tops. But who’s to say this is a top? Citing low analyst’s estimates, Morgan Stanley says Next S&P 500 Move Is 10% Rally. The body of the story paints an even rosier story. The direction for stocks is still up after…
4 reasons why you need to own Apple before its report. With plenty of market anticipation, Apple Inc (AAPL) will report its FQ3 ’15 results tomorrow after the closing bell. Estimize and Wall Street are assuming lower EPS and revenue numbers for FQ2 QoQ. Apple continues to be a market darling with a year-to-date (YTD) capital return…
