TIVOLI, New York – Today… we delve into that invisible force that now controls every aspect of our lives – technology. Is it making us richer? Or poorer? But first… markets continued rockin’ and rollin’ yesterday. China’s Shanghai Composite soared 5%, to a two-week high, after the Chinese government pulled out all the stops to…
During the three weeks or so of each quarterly earnings season, I either listen to or read the transcripts of 100+ earnings conference calls. The calls can be invaluable to learn about management team goals, plans, and how well those plans are working out. My top “don’t miss” call each quarter comes from a high-yield…
In reference to China Joins Currency War With Surprise Devaluation, Biggest One-Day Move on Record reader Martin writes … Hi Mish, I don’t fully understand from your latest post what is the significance of congress labeling China a currency manipulator? Does it matter? Also you say they shouldn’t, aren’t they obviously a manipulator? Can you…
The Chart of the Day belongs to Marcus & Millchap (NYSE:MMI). I found the Specialty Real Estate Brokerage stock by using Barchart to sort today’s All Time High list for the stocks with the highest Weighted Alpha, then looked for the stocks with at least 80% technical buy signals. I then used the Flipchart feature…
The economics websites came out regarding China’s currency devaluation with the term “Shocked”. Shocked is an economics term. Demand shock is a term describing an event that reduced or threatens to reduce demand for goods and services in the world. Shock puts economies in danger, and shock can lead to deflation. Bill Gross was on…
CEO David Trainer sat down with Chuck Jaffe of Money Life and MarketWatch.com to talk about our Danger Zone pick this past week: Planet Fitness (PLNT). https://www.newconstructs.com/wp-content/uploads/2015/08/150810-Danger-Zone.mp3 As with most IPO’s, Planet Fitness (PLNT), home of the $10-a-month gym membership, is going public at a time when business is booming and sentiment is strong. It is…
Shares of Novavax (NVAX) closed up almost 25% today after the company reported positive phase 2 results for its RSV — Respiratory Syncytial Virus — vaccine. The patients that were treated in the trial using the company’s RSV F-protein vaccine were age 60 and older and well tolerated the vaccine in the doses given. The…
It is obviously time for another update. I haven’t been an active poster recently, because as many of you know I am busy working on a book for the Wiley label. I am about 80% done; however, it is very time-consuming! So, I have been embroiled in the writing and editing process, and not posting…
Not wholly unexpected, but after yesterday’s short covering rally (which stopped me out, grrr…), today brought a return of sellers. However, sellers didn’t have it all their own way. Because of this, there may be enough for bulls to build a rally, assuming pre-market doesn’t ruin things! The Dow has struggled in recent days, but…
Tracey Ryniec, Stock Strategist at Zacks Investment Research, discusses two stocks that might be worth a closer look by value investors: D.R. Horton Inc. (DHI – Analyst Report) and Citigroup (C – Analyst Report) Both companies have forward P/Es well below the average of the S&P 500, which is now a nosebleed level of 18. They also are in favor with analysts,…
