The hits just keep coming for Chipotle Mexican Grill (CMG – Analyst Report) making this one of the easiest Bear of the Day articles I have written in quite some time. After all, the once-surging restaurant chain has been inundated with worries over the safety of its food as a number of E. coli outbreaks have hit the company,…
Written by John Lounsbury and Steven Hansen The headlines say new home sales improved from last month (however the last few months data was revised downward). The rolling averages smooth out much of the uneven data produced in this series – and this month there was a deceleration in the rolling averages. As the data is noisy, the…
A couple of weeks ago the Barron’s Striking Price column included the following related to the December FOMC meeting; The rate hike is one of those events that has to be traded, no matter what. No portfolio manager wants to sit on the sideline and miss what could be a big move in the market. The context…
Here’s an indicator that has successfully predicted major market corrections: It’s the so-called “Smart Money Indicator” which tracks the number of bearish put options vs the number of call options with the expectation that options traders have some clue as to what the market is doing – as they tend to be more serious investors…
The question of a Brexit weighs heavily over Prime Minister David Cameron. Britain’s leader is already planning his moves in anticipation of an in-out referendum which he expects will be held not later than June 2016 and he is moving full steam ahead in his efforts to remain a member of the Eurozone. According to some…
Hiking Into a Slowdown It becomes ever more tempting to conclude that the timing of the Fed’s rate hike was really quite odd, even from the perspective of the planners – even though the U3 unemployment rate has fallen to a mere 5% and they are probably correct about the transitory nature of the currently…
The top mid cap sectors are utilities and technology. Semi equipment & materials is the best scoring industry. The average mid cap score is 55.91. The average mid cap stock is trading -26.5% below its 52 week high, -8.21% below its 200 dma, has 6.88 days to cover held short, and is expected to grow…
If posting on December 22nd was a bad idea, imagine how stupid it is to post on December 23rd? But I noticed something unusual and thought to point it out. Yesterday, I observed that the data has generally been weakening, and while some commentators are optimistic on the outlook for 2016 I am not one…
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It can be very daunting to invest in a stock especially during its drag period. However, despite the problems of Apple stock and uncertainty about the company’s rate of innovation, there are still good reasons to have Apple (NASDAQ:AAPL) in your portfolio. Apple stock price had hit a high of $133 in Feb 2015 before dropping back to $106.03 (Dec 18 close). Source: Apple stock…
