Archives by Month:

Archives by Year:

Actavis Strikes $66 Billion Deal For Botox Maker Allergan

Actavis Strikes $66 Billion Deal For Botox Maker Allergan

Putting an end to rumors, Actavis plc (ACT – Analyst Report) confirmed that it will be acquiring Botox maker Allergan (AGN – Analyst Report) in a cash and stock transaction ($129.22 in cash and 0.3683 Actavis shares for each share of Allergan common stock) valued at about $66 billion or $219 per share. Brent Saunders, Actavis’ CEO and President, will lead […]
5 Small Caps Moving On Up

5 Small Caps Moving On Up

If your looking for some small caps with current momentum the easiest was to find them is to use Barchart to sort the S&P 600 Small Cap Index stocks for the ones with the most frequent new highs in the last month then use the Flipchart feature to look at their charts. The list today includes: AAON […]
NAV Premiums Of Certain Precious Metal Trusts And Funds – Ukraine Admits Its Gold Is Gone

NAV Premiums Of Certain Precious Metal Trusts And Funds – Ukraine Admits Its Gold Is Gone

Cash level in the Sprott Silver Trust has dropped below the $2 million mark. This is historically low. The Trust needs to do a secondary offering to get those cash levels up. The discount on the Speicher Trusts and Funds continue to be around ten percent. The Gold/Silver ratio is still elevated at about 73.6. […]
Housing Index Continues Climb

Housing Index Continues Climb

“Davidson” submits: The National Assoc. of Home Builders reported the Housing Market Index (HMI) at 58 for Nov 2014. This level of the HMI has historically been associated with improvement to follow in New Single-Family Starts (XHB). The housing recovery has been hampered by stifled bank lending due to a combination of tighter regulation and […]
EMC Strength

EMC Strength

I find posts like this boring, but sorry, that’s the market we’re in – EMC is a nice, clean breakout for a long position. This stock has been dynamite for years, and it seems poised to just keep on keepin’ on.  
Five Things To Look For In The TIC Data

Five Things To Look For In The TIC Data

The US reports the TIC data at the close of markets today for the month of September.  In August the TIC data showed $74.5 bln net foreign portfolio capital flowed to the US. The bulk, or a little more than $52 bln of this was long-term flows. The data typically does not move markets, and […]
Recent News From Xinyuan Real Estate Not Good, BUT….

Recent News From Xinyuan Real Estate Not Good, BUT….

Introduction Xinyuan (XIN) announced its third quarter results last week and they were not good. Following the announcement, some continue to support the company while some continue to support the company. To get a balanced and current view of the company, I read with care the earnings call transcript of its third quarter results as well as its latest SEC filing. […]
E
                                                
                        The Bad News Bears

E The Bad News Bears

Today we hear from bad news bears around the world. Reuters writes on the financial sector: “Market volatility increased trading revenue at major banks in Q3, but not enough to make up for a decrease in [H1]2014, according to an industry survey. [But] revenue for the top 10 international investment banks reached $36.5 bn in Q3, […]
A Data Breach, Stronger Dollar And Offensive Merchandise All To Blame For Tepid Retail Reports This Week

A Data Breach, Stronger Dollar And Offensive Merchandise All To Blame For Tepid Retail Reports This Week

After yesterday’s closing bell, Urban Outfitters (URBN) showed they are still struggling to attract shoppers at its namesake stores. Earnings per share for the third quarter came in at a lousy $0.35, $0.10 lower than the Estimize consensus, showing a decline of 26% YoY. Record revenues for the quarter also slightly missed the consensus, reporting $814.5M vs. expectations […]
An “Owner’s Manual” For A Successful Life

An “Owner’s Manual” For A Successful Life

Source: flickr Dear Diary, The Dow rose 13 points yesterday. Gold jumped $18.40 to settle at $1,201.90. Nothing to get too excited about. So we return to “The Secret of Success.” The Battle of Rorke’s Drift was either a triumph for Western civilization or a bloody disaster, depending on how you look at it. The battle […]