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To The Class Of 2015 – You Chumps!

To The Class Of 2015 – You Chumps!

Dull, Embarrassing, Earnest and Trivial A long, long time ago On graduation day You handed me your book I signed this way “Roses are red, my love Violets are blue Sugar is sweet, my love And boy are we screwed” – With apologies to Bobby Vinton Image credit: Merlon Drâs Last year at about this […]
The Numbers Needed For The Prime U.S. Workforce To Recover

The Numbers Needed For The Prime U.S. Workforce To Recover

At last year’s Jackson Hole Symposium, Fed Chair Janet Yellen delivered an extended analysis of “Labor Market Dynamics and Monetary Policy”. Her speech essentially reviewed the ongoing debate over the mix of cyclical versus structural factors in employment since the Great Recession. Here is an updated a series of charts illustrating some structural changes in […]
Crude Prices ‘Spike’ Despite Saudis Increasing ‘Surge’ Production

Crude Prices ‘Spike’ Despite Saudis Increasing ‘Surge’ Production

As Barclays recently noted, there is a complete decoupling between futures and physical markets for crude oil and nowhere is that more evident than the high volume spike in crude that just happened after Saudi Arabia boosted crude production for a second month to the highest level in at least three decades, helping to raise OPEC output as […]
Is Lexington Realty’s 7.5% Yield Too Good To Be True?

Is Lexington Realty’s 7.5% Yield Too Good To Be True?

Last week, Lexington Realty (NYSE:LXP) released the company’s first quarter earnings results and Mr. Market seemed to yawn – shares down .6%. As a follow up to an article that I wrote a few weeks ago, I am providing a recap of LXP’s latest earnings results in hopes of determining whether or not Mr. Market […]
Cantor Fitzgerald Turns Bearish On AOL, Inc. Following Verizon Acquisition

Cantor Fitzgerald Turns Bearish On AOL, Inc. Following Verizon Acquisition

Earlier today, Verizon (NYSE: VZ) announced that it will acquire AOL (NYSE: AOL) for $50 per share, or about $4.4 billion total. Following the announcement, AOL shares shot up more than 17% to just over $50, marking a new 52-week high for the stock. Shares of Verizon fell less than 1%. Verizon views the acquisition as a […]
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                        A Quantitative Breakdown Of Costco Wholesale Corporation: Expect More Upside

EC A Quantitative Breakdown Of Costco Wholesale Corporation: Expect More Upside

A) Introduction Costco Wholesale Corporation (NASDAQ:COST) has been one of the best performing stocks of the last 5 years, gaining over 150% during that timeframe. This is in comparison to a 50% gain for Wal-Mart (NYSE:WMT) and a 100% gain for the S&P 500. The chart below shows this comparison: Source The key question facing […]
Bull Of The Day: Illumina

Bull Of The Day: Illumina

For years, the biotech sector has been an amazing place to be an investor. If we look at two of the most popular ETFs tracking the space, IBB and FBT, both have nearly doubled over the past two years compared to more modest gains of nearly 30% for the S&P 500. Recent trading has been […]
Verizon Communications Inc. Acquires AOL, Inc. For $4.4B

Verizon Communications Inc. Acquires AOL, Inc. For $4.4B

Verizon Communications Inc. (NYSE: VZ) agreed to buy AOL, Inc. (NYSE: AOL) in a $4.4 billion all-cash-deal that will further the largest U.S wireless firms growth ambitions in mobile and video advertising. Following the announcement, in today’s pre-market, AOL shares soared nearly 18%, while Verizon’s stock dropped about 1.6%. Verizon’s offer at 17% premium Verizon Communications Inc […]
This Hedgefund Manager Is Shorting Shell

This Hedgefund Manager Is Shorting Shell

Jim Chanos, founder of the Kynikos Associates hedgefund, stated that he is shorting Royal Dutch Shell (RDS-A), (RDS-B) and BG Group (BRGYY) stock, because of the disappointing outlook for LNG producers. We are just waiting for disaster to strike, he mentioned during the SkyBridge Alternatives Conference in Las Vegas. He added that he is also betting […]
EUR/USD Struggles At The 1.12 Level

EUR/USD Struggles At The 1.12 Level

The EUR/USD pair initially broke higher during the day on Monday, but found the 1.12 level to be a bit too resistive for the buyers, and as a result pulled back to form a shooting star. The shooting star of course is negative, but at the end of the day I think there’s far too […]