1. The election in Spain did not lift the uncertainty but re-redoubled it. Given the outcome, it is difficult envision a majority government. Purely looking at the numbers, a coalition between the Popular Party and the Socialists is simplest solution. It is like Pasok and the New Democracy in Greece and the Christian and Social Democrats…
Alarm.com Holdings (NASDAQ:ALRM) – Sell or Short Recommendation – PT $15.50 December 23, 2015, concludes the 180-day lockup period on Alarm.com Holdings (NASDAQ:ALRM). We previewed the event on our IPO Insights platform. When the lockup period ends for ALRM, its pre-IPO shareholders, directors and executives will have the chance to sell their ~37 million shares. The potential for…
Here are some things I think I am thinking about: 1) Called out by Andreessen. Last week on Twitter I mentioned that oil prices were on the verge of their worst decline in decades. Marc Andreessen of Netscape and Venture Capital fame called me out for posting this chart and calling it “the worst decline”: “Best.”…
The Chart of the Day belongs to Acceleron Pharma (NASDAQ:XLRN). I found the biopharmaceutical stock by using Barchart to sort the Russell 3000 Index stocks first for the highest technical buy signals then I used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 10/28 the stock gained 58.25%. Acceleron Pharma Inc. is a biopharmaceutical…
Most investment mistakes are caused by basic misunderstandings of the securities markets and invalid performance expectations. The markets move in unpredictable, but cyclical, patterns of varying duration and amplitude. Evaluating the performance of the two major classes of investment securities needs to be done separately because they are owned for differing purposes. Stock market investments…
After the Fed interest rate hike on Dec. 16 (Wednesday), investors are anxious to know when the next rate hike will be. Last week’s quarter-percentage point (0.25%) Fed interest rate hike was the first for the U.S. Federal Reserve since June 2006. The Fed’s vote to raise rates was unanimous, signaling its increased confidence in the U.S. economy. At…
The ‘death cross’ of these two energy market indicators is all one needs to know about the oil market… As Bloomberg notes, total industry oil stocks reported by the International Energy Agency rose for a third month, increasing by 0.5 percent to the highest on record at 2.99 billion barrels. China’s Beige Book, released last week, showed further…
An interesting strategy that I often hear from investors is the notion of banking gains on highly appreciated positions. Some are simply trying to time the market by buying low and selling high. I can understand that philosophy to some degree, as we all want to shape our entry and exit points at opportunistic levels….
Gold and silver have bounced back from last week’s ‘quad witching equity option expiry slump’ in prices. Let’s see if they can get something going from a potential double bottom.
The trend of the German DAX is bearish to choppy and I see three explanations for the current situation. Firstly, the lack of a strong stimulus boost at the latest ECB meeting, secondly, higher U.S. yields, and thirdly, the prospects of lower U.S. growth. The DAX is capped by the December 7 high of 10,993…
