Cynical short-sellers are targeting some of Wall Street’s most famous short-sellers. Amid plunges in the stock prices of David Einhorn’s Greenlight Capital and Dan Loeb’s Third Point reinsurance entities, Bloomberg reports that bearish investors have piled in pushing short interest (as a percent of shares outstanding) to its highest since 2009. The money managers helped build the reinsurers and took…
For this article, I want to talk about a tech stock that has had a tough year but seems to be turning around. It is trending up over the last week, and I have recently added shares to this well-known name as well. Qualcomm (NASDAQ: QCOM) shareholders have had better years. 2015 has brought significant declines…
PARIS – The Fed did as expected… It announced it would raise its key rate by a quarter of a percentage point to 0.5% and gradually raise it up over the next three years. Reports the Financial Times: “Historic gamble for Yellen, as Fed makes quarter-point rise.” If all goes well, we’ll be back to “normal”…
Weekly Initial Unemployment Claims The market (from Bloomberg) was expecting the weekly initial unemployment claims at 260 K to 278 K (consensus 270,000) vs the 271,000 reported. The more important (because of the volatility in the weekly reported claims and seasonality errors in adjusting the data) 4 week moving average moved from 270,750 (reported last…
In what appears to be a strange coincidence with GoPro (NASDAQ:GPRO) recent announcement that it was going to launch a consumer drone in 2016, the Federal Aviation Administration, FAA, has released a decree that will require most drone owners to register their devices in a bid to control the sharp increase in unmanned aircraft in US skies. Owners of drones…
Now that the FOMC has announced its intentions, it has to sit back and wait to see if it can actually do anything. This is the direct consequence of using the federal funds rate as the primary target, as it is a dead market that nobody really uses anymore. The only reason the Fed is still leaning…
Every year around the world, hundreds of millions of children wait anxiously for Santa Claus to arrive and bring presents and good cheer. But what if Santa never came? What if this year the reindeer all fall ill, perhaps due to Crazy Reindeer disease (the analog to Mad Cow) and Santa is forced to cancel…
Investors interested in deriving stable returns while emphasizing capital appreciation over the long term over dividend payouts may consider large-cap growth mutual funds. Large cap funds usually provide a safer option for risk-averse investors, when compared to small-cap and mid-cap funds. Also, focusing on growth securities allows these funds to provide more returns as growth…
We can use our data to track individual stocks, industries, sectors, and indices. For today’s bulletin, we present key metrics for the top picks in the S&P 500. The companies listed below represent the top-ten STRONG BUY stocks within the index. They are presented below according to their one-month forecast target prices. The components of…
An analyst must give a stock the correct rating at the right time in order to make a profit. Let’s take a look at the most profitable consumer goods sector ratings of 2015. 1. The most profitable rating of 2015 for the consumer goods sector was made by Craig-Hallum analyst Alex Fuhrman for Weight Watchers International, Inc. (NYSE: WTW) on September…
