Throughout the summer, one of the biggest activist stories, therefore one naturally involving Carl Ichan, was whether eBay (EBAY) would spin off PayPal. And sure enough, following months of promises and vows by John Donohoe that the company would never split, on September 30, around the time the market started hitting one record high after…
The Chart of the Day is Western Digital (NASDAQ:WDC). I found the stock by sorting the All Time High list for the stocks hitting the most frequent new highs in the last month then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 10/31 the stock gained 9.01%,…
It is magical! Whatever the topic of current interest, there is no shortage of pundits. The current energy experts were recently (it seems like only yesterday) the leading authorities on the Fed, Europe, Ukraine, Libya, deflation, hyperinflation, stagflation, and of course, Ebola. The current crop of experts confidently talks about an oil glut, the motives…
There are no shortcuts in business. In order to be successful there are some things that you must know. These are not all of them by a long shot, but IMHO they are 6 of the most important. 1. Know how to sell Selling means being able to convey why your product or service, which may…
I was glancing at recent SocialTrade posts, and I was stopped in my tracks by this one. Holy Mother of God, how did I miss this? BEAUTIFUL!!!!!
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…
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…
September 15, 2008 is the day that Lehman died and the moment that the world’s central banks led by the Fed went all-in. As it has turned out, that was an epochal leap into the most dangerous monetary deformation that the world has ever known. It needn’t have been. What was really happening at this pregnant moment was that the…
“He who makes a beast of himself gets rid of the pain of being a man.” Samuel Johnson The metals were held in place today, consolidating their recent gains at the top of the support. I am sure that some day we will be offered this elaborate story of how the Western central bankers used…
Biotech Stocks Sell-Off After Hitting New Highs Monday NASDAQ at 4735 off 0.67% Healthcare and life science stocks have been a safe haven from recent market headwinds but today risk is off across the board. Crude is down over 5% to $61 and this has raised concerns about global growth affecting other asset classes like…
