Take a breath. Investors’ risk appetite may not yet be piqued. Gold’s enjoying a bit of a bounce now. That is, if you consider the slowing of a price skid through $1,200 a bounce. Despite a strong U.S. dollar, there’s been a bit of safe haven bullion buying lately and that’s caught the attention of…
As predicted over the last few months, the NASDAQ (QQQ) composite Index topped the 5,000 mark yesterday, the first time in 15 years. The index last touched 5000 in March of 2000, at the very top of the dotcom hysteria and right before the index crashed around 80 percent to a nadir of 1108.49 in…
AutoZone, Inc. (AZO – Analyst Report) reported a 15.6% rise in earnings per share to $6.51 for the second quarter of fiscal 2015 (ended Feb 14, 2015) from $5.63 in the year-ago quarter. Earnings also surpassed the Zacks Consensus Estimate of $6.37. Net income went up 9.8% to $211.7 million from $192.8 million in the year-ago quarter. Autozone…
Source: Wikimedia Dear Diary, Yesterday, the DOW (DIA) and the S&P 500 (SPY) hit new all-time highs. The NASDAQ (QQQ) pushed over 5,000 for the first time since March 2000. And gold (GLD) lost $7 an ounce. “Count no man happy until he be dead,” said Athenian statesman and poet Solon. The man to whom Solon…
For about the last year we have been blogging about the concept known as tiny houses. In that time interest has proliferated in terms of new websites devoted to the concept as well as at least four TV shows about tiny houses. The show Portlandia just had a bit making fun of tiny houses in…
Mylan’s (MYL – Analyst Report) fourth-quarter 2014 earnings (excluding special items) of $1.05 per share beat the Zacks Consensus Estimate by a penny. Earnings in the fourth quarter of 2014 increased 35% from the year-ago quarter. Earnings benefited from higher revenues and higher gross margins. Mylan Inc. – Quarterly EPS | FindTheCompany On a reported basis (including…
I’m sure you know you should always read your insurance polices carefully. Insurance companies like to make you think they are offering more coverage than they are. They also like to distract you from reading the fine print. In fact, some insurance companies can completely drop your coverage just because you use it. What? That’s right,…
Yesterday, I discussed a few of the issues surrounding the current extension of the cyclical bull market and the excuses that will be delivered when it eventually ends. The current deviation in price from underlying economic fundamentals should be a warning sign for investors. However, when prices are trending strongly higher, warnings often fall on deaf ears….
When you look across the globe for attractive asset classes to invest in many of us start and stop with the US. The following paragraphs will zero in on the efficiency of stocks and bonds across the US, International Developed and Emerging Markets and how they are reflected in a global asset allocation set. Here…
Jack Ma has managed to do it again, having made his fortune during the Internet bubble (only to stand aside as all his shareholders got wiped out). He went public again last year to huge fanfare, and with his stock at a lifetime low, 100% of the entire who was blinkered enough to buy his…
