The schedule for data releases is lighter than usual. The calendar year is about to end. The market continues to set records. The stage is set for the annual question: Will there be a Santa Claus rally in stocks? Prior Theme Recap In my last WTWA I predicted a three-part week – some post-holiday digestion of the…
November was a good month for U.S. employment as the largest number of workers in three years joined the labor force. In addition, wages were up, another indication that the economy was strengthening. The Labor Department reported on Friday that non-farm payrolls rose by 321,000, the most since January 2012 while the unemployment rate held…
GOOG Stock Risky! We had a really nice trade on Monday on TRGP (TRGP) puts, which scored an intraday +100% profit! TRGP Options Sell to close 5.00 (4.81%) of TRGP Dec 20 2014 Put 115.0 at 12.00000 100.00% ($3,000.00) Profit TWC (TWC) Options Sell to close 10.00 (2.05%) of TWC Dec 20 2014 Call 150.0 at…
Welcome to edition 233 of Insider Weekends. Insider buying decreased last week with insiders buying $44.02 million of stock compared to $59.33 million in the week prior. Selling also declined with insiders selling $1.47 billion of stock last week compared to $1.73 billion in the week prior. With the energy sector in turmoil on account of falling oil prices,…
The plunge in oil and the related steep sell-offs in energy stocks have provided once in a decade entry points that every investor should take advantage of. Here are Bret Jensen’s top three picks poised to reward patient shareholders with big profits. November saw the biggest monthly percentage decline in West Texas Intermediate (WTI)…
There are few Wall Street bargains better than oversold dividend stocks. For some reason, there are dividend stocks that have been absolutely stomped by investors and are now trading at or near their 52-week lows. Now, it’s entirely possible that they are near these lows not just “for some reason,” but for very good reasons….
Over the past month the Twitter (TWTR) top 10 portfolio under performed once again. It was down over 2% while the S&P 500 Index was up. Plug Power (PLUG) was the main culprit for the under performance (down 32%). It is once again the type of stock that I always avoid. It was in a clear…
REITs have become increasingly popular over the years as investors continue to search for yield in the current ultra-low rate environment. Given this huge demand from investors, issuers are lining up with products to quench their thirst. Following the trend, Fidelity recently filed a product focused on the REIT space. Though the issuer has not as yet…
It was just one short month ago when, on the back of the soaring dollar (which has since soared even more), as well as “diminished global GDP growth and lower crude prices“, Goldman’s David Kostin cut his EPS for 2015 and 2016 from $125 and $132 to $122 and $131. Then, it was just two short weeks…
The US dollar remains king. It continues to be supported by the divergence in growth and interest rate differentials. Even though the ECB did not take fresh action this past week, there is little doubt that it will in early 2015. The aggressive monetary policy in Japan, where the BOJ is expanding its balance sheet…
