Analysts Positive On Yahoo! Inc. Despite Alibaba Spin Off IRS Tax Rumors
Yahoo! (NASDAQ: YHOO) shares plummeted 8% during trading on the afternoon of Tuesday, May 19 and rebounded up 2 % in pre-market trading the following morning after the company affirmed plans to spin off e-commerce giant Alibaba (NYSE: BABA) despite rumors that the IRS will tax the move. The stock drop was due to investors overreacting […]
Frackers Predicted To Fall Like Lehman Bros.
In November 2007, the relatively unknown hedge fund manager David Einhorn raised major concerns about the accounting at Lehman Brothers. It led him to bet against the company, and short the stock. No one paid much attention… until Lehman Brothers collapsed. Einhorn’s reputation was made, and his firm, Greenlight Capital, became one of the hedge funds to […]
The Gloves Come Off: Moody’s Warns Of Greek “Deposit Freeze” As Schauble “Won’t Rule Out Default”
Ever since Syriza took over the Greek government and has refused, at least until now, to concede to every Troika demand of perpetuating a status quo which it was elected with a mandate to overturn, Europe has done everything in its power to make not only Syriza’s life increasingly difficult and hostile, but has taken […]
Crude Oil- 7th Largest 2-Month Rally In History, Now What?
Click on picture to enlarge Two months ago, the 2-month rolling return for Crude Oil was -40% at (1) above. At that time Crude Oil had declined almost $70 in the past 9-months, trading near $45. It was easy to find people predicting that Crude Oil was not near a low and some shared it […]
2015 And Historical Bear Market Triggers
Common sense tells us something typically changes as stocks shift from a bull market to a bear market, meaning people need a reason to say “I am getting out.” Gluskin Sheff’s Chief Economist & Strategist, David Rosenberg, highlights the two big historical bear market triggers. From Business Insider: “For stocks, it always comes down to the […]
Hormel Foods Dividend Stock Analysis: Beefing Up Earnings
Hormel Foods (HRL) released its 2nd quarter 2015 results this morning. The company reported earnings-per-share of $0.67 per share for the quarter. Earnings-per-share rose 29% from $0.52 per share in the same quarter a year ago. The market has responded favorably, pushing the company’s share price up over 4% at the time of this writing. Hormel’s Growth Explored […]
San Francisco – No Bubble Here
The charts below certainly reflect a rational free market trend. Right? Home prices always double in the space of three years when the economy is limping along with sub 2% GDP growth and median real household income is still 7% below the levels of 2007 and equal to levels of 1989. These are the median […]
Asset Bubble Deleveraging
Guest post By Alhambra Investment Partners We Are Going To Find Out If An Immense Asset Bubble Can Be Carefully And Purposefully Deleveraged Some people are getting very nervous about China, and as usual that stems from a misreading of the Chinese intentions. This is not to say that one should not be concerned at all, […]
EUR/USD Falls During The Tuesday Session
The EUR/USD pair fell rather hard during the session on Tuesday, testing the 1.1150 level. With that, it appears that the market is going to try to find buyers between here and the 1.10 level, and as a result I am actually waiting for a supportive candle in order to go long. I think we […]
Productivity And Economic Growth
Productivity is the most important determinant of the standard of living of a group of people, a nation or a planet. Productivity in its simplest form is output per hour worked, and its recent slower growth rate is distressing. This article summarizes why productivity is crucial to our standard of living. The next article explains its […]
