Category Archive: Finance
Mark Mahaney’s Genius SNAP Target
Wall Street analysts are well-known shills, issuing only “Buy” and “Strong Buy” recommendations for their unsuspecting clients. The catastrophe SNAP is no exception, with analysts falling all over themselves to say what a great company it is; You may notice the fellow at the top of the list had a target price of $31, which is over 100% […]
E Tim Duy’s Fascinating Take On The State Of The Economy
By Permission By Permission Tim Duy has a fascinating take on the state of the US economy. I will hopefully try to make sense of his viewpoint and offer another point of view. First, notice his charts above showing the tech economy in what appears to be a slight contraction. The professor makes this interesting […]
Barclays Says Sell AMD, Cirrus Logic On Lackluster Product Outlook
Barclays downgraded the shares of chip makers AMD (AMD) and Cirrus Logic (CRUS) to Underweight, its equivalent of a sell rating, from Equal Weight. The firm is not very impressed by AMD’s products and advises investors to buy stocks of companies that have clearer exposure to Apple’s (AAPL) iPhone 8 than Cirrus. AMD: After attending […]
Elliott Wave Forecast NZD/USD: Bullish Impulse
The bullish trend is present in NZD/USD currency pair, 15 minutes chart. The price of NZD/USD currency pair is going to rise up now on a short-term basis to create a bullish Impulse Elliott Wave pattern and Spot Forex traders should consider taking a possible buy trading chance. Strong key support level is present at 0.7338 […]
Can United Continental Holdings Reach Delta’s Altitude?
Photo Credit: Tomas Del Coro Estimize and Wall Street have differing numbers for UAL’s EPS. Estimize predicts $2.39 and the Street is at $2.47. For revenues the Estimize community is calling for $9.902B while Wall Street is at $9.937B. UAL has beaten the Estimize EPS consensus 80% of the time and the Street 61% of the time. Similarly, UAL has […]
A Decade Of Fallacy
Ten years ago yesterday, Bear Stearns sent a letter to shareholders of two specific hedge funds that it sponsored. Whenever anyone brings up the name now, you immediately know where this is going. That wasn’t the case in 2007, however. Whatever the world may think of Bear in hindsight, a decade ago it was a […]
5 Capital Allocation Principles & Their Impact On Intrinsic Value
One of the most important responsibilities of a company’s management team is capital allocation – the decision of where to deploy the firm’s excess capital. As shareholders, it is our job to ensure that management is making intelligent decisions for capital allocation, as it can have a profound effect on our long-term investment returns. Case-in-point: some of the most […]
Pruning The Golden Tree: How To Leverage The Gold Rally
Over the past week or so, gold and associated assets have rallied quite nicely. The $1237 price area is a good place to book partial profits on positions bought in my $1220 – $1200 buy zone. Gold feels quite solid here. The five and ten day moving averages have turned up. The 14,7,7 Stochastics oscillator […]
Import Prices Dip As Expected, Export Prices Unexpectedly Dip: GDP And Forex Analysis
The BLS’ Import and Export Price Report for June shows Import and Exports prices both declined 0.2% from May. Econoday economists called import prices correctly but expected export prices would be flat. Month-Over-Month Changes I reordered the charts in the BLS report to highlight what’s important for GDP purposes. Imports subtract from GDP while exports add to GDP. With […]
E What To Bet On During Options Expiration
Market Outlook This is July options expiration week and Jeff Hirsch in a recent Almanac Trader article talked about how since 1982, the Friday of options expiration week has a bearish bias for DJIA declining 18 times in 35 years with two unchanged years, 1991 and 1995. On Friday the average loss is a significant […]
