Author Archives: Darren Marchal

Telecom Stocks Down On Fears Of Lower Q4 Earnings

Telecom stocks took a beating yesterday after leading wireless carriers, AT&T, Inc. (T – Analyst Report) and Verizon Communications Inc. (VZ – Analyst Report), hinted at expectations of lower profits in the ensuing fourth quarter owing to intense competition. Yesterday, AT&T’s chief financial officer expressed fears of facing considerably wider fourth-quarter churn rate than the…

An Early Read On Q4 Earnings As AutoZone, Costco And Adobe Report

Just as the third quarter reporting season for the S&P 500 came to an end on Monday with H&R Block, AutoZone (AZO) kicked off the fourth quarter season after yesterday’s closing bell. The automotive retailer announced earnings per share (EPS) of $7.27, well above the Estimize consensus of $7.22 and the Wall Street consensus of $7.18, resulting in…

Yesterday’s Recovery Wiped

It looked a weak recovery, and today’s action quickly exposed the nature of yesterday’s buying. Volume was modest, as holiday trading continues to be a theme. Window dressing into end-of-year remains a bullish overhang, but there is no guarantee Santa will keep on delivering gifts.  For the S&P, look to Fib retracements and 2,009 breakout…

Why Noah Holdings Made Waves Last Week

Noah Holdings Limited (NOAH) saw its shares soar Thursday on heavy volume. Shares of the China-based wealth management provider rose by 7.2% to close the trading day at $21.63 with more than 2.7 million shares trading hands. This compares to the company’s average trading volume of 334,000 shares. As you can see from the chart below,…

The Microsoft Retirement Income Program

Reading Between the Lines Once we recognize that all investment portfolios eventually become retirement income portfolios, we can begin to focus on the regular recurring income that they produce… retired or not, the market value of your private portfolio (or of your 401k plan) has no purchasing power. Yet all 401k programs are performance evaluated…