Omnicom Group (NY:OMC), the world’s largest advertising services company, reported better than expected earnings last week; this is now eight straight quarters where the company matched or exceeded earnings estimates. With domestic and international revenue surging — and no signs of weakness in the company — it’s strange that this would be time the to […]
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Filed under: Fundamental Research, Stocks
We are in euphoric mode on Wall St. Stocks are once again flying high, adding billions of market cap in mere seconds on better than expected earnings. Dow has hit a record 13,000 and then some, S&P 500 is at newly minted highs. Global markets seem to be on fire, investors cant seem to get […]
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Filed under: Market Sentiment, Stocks
Following up on Michael’s write up of Amazon Inc (NAS:AMZN) on April 5th, I concur with him that shares of the world’s biggest e-retailer is way overvalued. Today after the close of the bell they report earnings, I think no matter what the results the stock will sell off in AH trading.
This afternoon I shorted […]
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Filed under: Fundamental Research, Time To Sell
Wall Street appears to be at it again. The markets are rallying today with more than a 1% advance. Global markets are also on fire, many hitting new all time highs. Have we seen this before? The question to that answer is of course—yes.
US markets are now above post February 27th levels when the markets […]
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Filed under: Market Sentiment, Stocks
When new automobile engines breakdown from normal wear and tear, we receive free service through the manufacturer’s warranty. Cosmetic damages — although covered by insurance providers — are also free of charge. We rarely ever pay for these services (or parts), however, as an investor you would like to know who coughs up the cash.
Damaged […]
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Filed under: Fundamental Research, Sector Watch, Stocks
Going back to a previous article written in mid-February entitled LEN Head and Shoulders Pattern, I discussed the issues surrounding the homebuilders and the importance of the H&S pattern. Sure enough, Lennar (NY:LEN) plunged 10 points (or 20%) after making the original call. Let’s take a look at how this trend developed.
When the right shoulder […]
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Filed under: Stocks, Technical Research, Trading Tutorials
Crocs Inc (NAS:CROX) is a short sellers dream. Visions of a fad retail business makes shorts giddy. However, shorts beware. Crocs is not a fad; at least not yet. Shares of the rubber shoe company have been doing well in the past year.
Recently, the stock has sold off its 52 week high, but have rallied […]
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Filed under: Bargain Basket, Fundamental Research, Time To Buy
All Internet stocks rely on one factor to generate revenue: website traffic. Priceline, eBay and Amazon generate all of their profits from a web-based storefront, so monitoring the website’s traffic ratings will be a great indicator of the company’s performance.
Amazon (NAS:AMZN) has been on a nice run this past week amid news of their new […]
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Filed under: Fundamental Research, Stocks, Time To Sell
I have always been a skeptic when it comes to investing in coin-toss stocks, especially those pre-profit pharma and biotech companies. When a company that generates very little revenue relies on a drug trial to support its stock price, you could expect to see your investment double (or cut in half) when the results are […]
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Filed under: Fundamental Research, Time To Buy
Shares of Freeport McMoRan Copper & Gold (NY:FCX) have been on a tear lately, trading north of $65/share. Since the takeover of Phelps Dodge last quarter the maker of copper and gold has been getting alot of attention from Wall Street.
However this is a fundamental story. Growth in the industry is still going strong, with […]
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Filed under: Fundamental Research