Category Archive: Finance
Finisar Corporation Q3 Earnings And Outlook Fall Short
Finisar Corporation (Nasdaq: FNSR) posted worse than expected earnings and guidance, sending its shares plummeting as much as 14% in aftermarket trading.
In And Out Of The Market’s Bulls-Eye
“You sit on the bulls-eye and I will wrap my neck around yours to keep you there,” one Brontosaurus says to another Brontosaurus. If you can imagine the Brontosaurus outside the bulls-eye as the indices and the one sitting on the bullseye the Modern Family, you’ll have a pretty good idea of the market battle […]
Trend Reversal Indicator: Sell Signal Confirmed
The SharePlanner Trend Reversal Indicator is flashing all sorts of bearishness And it is worth noting that there hasn’t been a bearish reversal signal on the indicator since August of last year, which led to a 100-point reversal in the markets over the course a three month period. Obviously that came to an end when […]
Newtek Business Services – Chart Of The Day
The Chart of the Day belongs to Newtek Business Services (NEWT). I found the business development company stock by using Barchart to sort today Top Stocks to Own list first for the most frequent nee highs in the last month, then again for technical buy signals of 80% or more. Since the Trend Spotter signaled a buy on 2/23 the stock gained […]
Buyers Come Back To 20-Day MAs
With indices experiencing small changes, 20-day MAs are starting to look like a defensive point for bulls to work the next rally. The Nasdaq finished higher after a defensive push off its 20-day MA. This didn’t make any significant changes to the technical picture, but it does suggest the possibility a new swing low is […]
E Facebook’s Management Team Gets Stronger
Facebook’s (FB) management team continues to get stronger with the recent addition of Susan Taylor as the chief accounting officer. Ms. Taylor comes over from LinkedIn (LNKD) where the company was focused on the white-hot social and mobile side of the economy, so this seems to be a brilliant pickup as she fits in well […]
EC Here Comes “The Fed Is Meeting!” Folly, Right On Schedule
If the past is prologue to the future, a 0.25% rate increase will send thousands of issues tumbling 3, 4, 5% and more. Is it possible the portfolios of the income stocks and mutual funds (ETF, CEF or open-end) you own will be yielding 3, 4 or 5% less the day or month after the […]
Massive Cascade Of Eurozone Defaults Coming Up
As soon as any major country exits the Eurozone (and possibly some lesser ones), a cascade of defaults, unparalleled in history will commence. The only way to stop such a cascade would be if the ECB guaranteed (printed) enough euros to cover losses. Meanwhile, the already high Eurozone default risk keeps rising. From Eurointelligence via […]
Triple-Energy Whoosh
Since the god-damned bulls got eight years to suck off the government teat, how about we bears we an eight years of destruction and mayhem, just to even the score? I could really get used to a market like this, where my short positions fall every single day. One other success is a long position, but don’t get fooled into thinking […]
J.Jill Debuts On NYSE Amid Continued Negativity On Retail Names
As an unloved retail sector continues to grapple with the rise of e-commerce alongside declining mall and department store traffic, research firm Mizuho downgraded multiple names in the space Thursday on the industry’s still-cloudy outlook. The firm’s recommendation coincided with J.Jill’s (JILL) launch on the New York Stock Exchange, which was met with lukewarm response […]
