Category Archive: Finance
FANG Stocks Soar To New Record High As NFLX Spikes 14% (To 101x Fwd P/E)
As goes Netflix, so goes ‘Murica… Nasdaq remains the only major index in the green today and there’s one big fat ugly cash-burning reason. Netflix is up 14% – tearing the faces off of every short-seller (6.2% of float short)… And NFLX has single-handedly ripped FANG stocks to a new record high – dismissing the ‘tech wreck’ […]
Q2 2017 Earnings Preview: The Expected Winners And Losers Might Surprise You
The big banks (JPM, C, WFC, GS, BAC) kicked off earnings season on a high note when they reported on Friday, all beating on the bottom-line, and only Wells Fargo missing on the top-line. Overall the Estimize community is expecting another strong earnings season, but a pull back from Q1. S&P 500 EPS is anticipated […]
Chipotle Plunges As Restaurant Closure Reignites Food Safety Fears
The shares of Chipotle Mexican Grill (CMG) are falling sharply after the company reportedly shut down one of its restaurants following complaints of customers who claim they got sick after eating there recently. Notably, the stock had been higher in early trading after research firm Maxim upgraded Chipotle to Buy from Hold, citingthe sales potential […]
Bull/Bear Debate On The Future Of The Economy
Professor Jeremy Siegel and I had the great honor of interviewing professors Robert Gordon and Joel Mokyr—two Northwestern University academics and economists—about the future of the U.S. economy on our “Behind the Markets” podcast. Professor Gordon has written an influential book that describes the Rise and Fall of American Growth. Professor Siegel commented that not many […]
Understanding What A Neutral Macro-Economic Policy Looks Like
This is going to be a quick follow-on to the last post on monetary policy as the only game in town. I feel like the obvious question that post doesn’t answer is this one: what other policy tools should we use? And I want to tee up that question with this post. First, remember that the […]
Health Care Circus, Earnings In Focus
I am technology-challenged today (why my laptop had to crap out 21 days before I get my big desktop rig back is beyond me), so I am going to keep this brief. Health Care and earnings are the focal points in the early going today and if the early action is any guide, we can […]
Dollar Gloom: Key Technical Level Breached, Yields Dive
Well, the dollar just can’t catch a break. Already in the doldrums, the greenback started taking on more water on Monday evening when two more Republican defections killed the GOP healthcare bill. The malaise continued into the US session and now, DXY has breached a technical level that Bloomberg notes has “helped guard the 2016 lows at […]
5 Undervalued Companies For Value Investors With A Low Beta – July 2017
There are a number of great companies in the market today. By using the ModernGraham Valuation Model, I’ve selected five undervalued companies with a low beta reviewed by ModernGraham. A company’s beta indicates the correlation at which its price moves in relation to the market. A beta less than 1 indicates a company is less volatile than the […]
Spot The Horse
Yesterday after writing my piece about Tesla and Bitcoin, I received an email from one of the smartest guys I know. “Funny that you wrote about shorting Elon’s science project and GBTC. I just bought both this morning. Thanks for the extra liquidity. Always appreciative of those willing to sell me more on the cheap.” I […]
IPO Lockup Expiration For Laureate Education Could School Investors
Laureate Education (Nasdaq: LAUR) – Sell or Short Recommendation Price Target- $16.50. Event Overview July 31, 2017 concludes the 180-day lockup period on Laureate Education Inc. (LAUR). When the lockup period ends for LAUR on 7.31, its pre-IPO shareholders, directors and executives will have the chance to sell 133M shares, previously restricted from trading since the […]
