Can Boeing (NY:BA) get any more attractive? I think not. This company has consistently beat estimates every quarter, and it is going to happen again on July 25th when they report Q2 numbers. Let’s face it, Airbus is stuck on the tarmac and is far from taking off – the parent company’s stock (EADS) has [...]
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Filed under: Fundamental Research, Stocks, Time To Buy
Overall markets are somewhat negative today. The broader market is loosing steam as the trading day goes on. The S&P 500 and NASDAQ are among the index losers. The Dow remains stronger about unchanged for the day so far. Last week was interesting as we witnessed a 150 point sell off in the Dow and [...]
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Filed under: Economy & Markets, Market Sentiment
Over the past several years the shares of some of Americ’as largest exchanges have soared. Numerous initial public offererings have come to the public landscape including the Chicago Merc (NY:CME), New York Stock Exchange (NY:NYX), NASDAQ (NAS:NDAQ) and the NYMEX (NY:NMX). The returns of all exchange IPO’s are impressive. When NYMEX opened last year the [...]
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Filed under: Fundamental Research, Sector Watch
Crude prices recently have been selling off. The June contract has been seeing some profit taking in the past 8 trading days. Crude has fallen about 8% in the past two weeks as investors are taking some money off the table in lieu of some bearish reports. Crude which trades on the NYMEX is currently [...]
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Filed under: Commodities, Energy, Time To Buy
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 [...]
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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 [...]
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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. [...]
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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 [...]
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Filed under: Stocks, Technical Research, Trading Tutorials