Great chart by Research Affliates: This really puts the “stocks for the long run” numbers in perspective. Yes, over the past century, U.S. stocks have returned about 7.2%. But based on today’s valuations, we’re looking at returns of 0.5% to 1.5% per year, depending on which metric you use. Does that mean a crash…
After our big wins on GOOG and NFLX, I told my members in the chatroom that this market is going to be range-bound, and that we should look for some downside trades to hedge: Monday, July 20, 2015Happytrading: I said on Friday that the market is going to be range-bound for a little while… [7:20 am] Happytrading: we…
The amount of gold deliverable at these prices at the Comex seems a bit thin by historical standards.
Did you know that the percentage of children in the United States that are living in poverty is actually significantly higher than it was back in 2008? When I write about an “economic collapse”, most people think of a collapse of the financial markets. And without a doubt, one is coming very shortly, but let…
Did you know that the percentage of children in the United States that are living in poverty is actually significantly higher than it was back in 2008? When I write about an “economic collapse”, most people think of a collapse of the financial markets. And without a doubt, one is coming very shortly, but let…
As July marches on and uncertainty in the markets reign, all I can think about is where to deploy my fresh capital all the while ignoring the market headlines which always seem to result in knee jerk reactions in stock prices. It seems that every week or two a new crisis dominates the headlines. We…
Illumina (ILMN – Analyst Report) Inc. is a biotech company that specializes in genetic sequencing. Using their resources, the company has mapped gene variations associated with health, disease, and drug responses. The company is a global leader in genomics. Volume has been higher than usual for the stock today. There has been some selling…
Unleash the talking head spin… Yahoo misses and cuts guidance… *YAHOO 2Q ADJ. EPS 16C, EST. 19C *YAHOO SEES 3Q ADJ. EBITDA $200M-$240M, EST. $279.7M *YAHOO SEES 3Q REV EX-TAC $1B-$1.04B, EST. $1.07B Microsoft beat bottom, missed top line… *MICROSOFT 4Q ADJ. EPS 62C, EST. 58C *MICROSOFT 4Q UNEARNED REV. $25.32B, EST. $25.96B Chipotle beat…
We are 3 weeks away from the 13F filing deadline but it seems like hedge funds are exiting their bets in favor of other mega-cap tech companies. On Monday we reported that Patrik Brummer’s Swedish hedge fund sold his Apple Inc. (NASDAQ:AAPL) stake and made Alibaba (BABA) and Google (GOOGL) its top two picks. Today we…
A bad day for earnings, with IBM, United Technologies and Apple all disappointing. With indices at highs (or just shy of resistance) it was going to be a day of easy selling. With technology particularly hard hit, the Nasdaq did well to cling on to its upside breakout, but given Apple’s earnings were after hours…
