Shares of General Electric (GE) were trading slightly higher after the company announced that their CEO, Jeff Immelt, would be spending his entire bonus for 2013 on shares of the company’s stock.
Summertime Blues (GS) OK, so it was the Fourth of July, and a lot of folk took leave from the markets, but does that really explain it? We’re talking about a significant decline in trading volume that occurred at the end of last week amidst a market rise that now, on second glance, is […]
The Denizens of Intelligenz (WWE,GLD,SO,NFLX) By definition, exactly half the population possesses below average intelligence. And that’s not a comfortable statistic. So who’s the dumb ones? Well, it certainly doesn’t break down on socio-economic lines. Don’t think, for example, you got smarts because you got cash, Giles. It don’t work that […]
Behind the Scenes and Under the Radar (SO,NFLX,FXI) It’s a political world, friends. Has been for a while. Everything that’s done or said or written these days, it seems, is employed to further an agenda. Truth be damned, is what it’s all about; let ‘the story’ carry the day, whatever it may […]
Oil vs Wheels (IYT,USO) It’s the interplay between the following two factors that we’re keeping our eye on these days, the better to apprehend the market’s immediate trajectory: oil and ‘market leaders’. We’ve discussed this combo before, and how they work together. The ‘leaders’ are the current sexy tech group, not related […]
Shares of Ford (F) were trading lower as they reported sales that were down last month. As with many others, they are placing the blame on the sweeping cold weather that has been hitting the U.S. and a drop in fleet sales.
The National Association of Realtors announced that pending home sales were up in January. Pending sales were up 0.1% to a total of 95.0 for the first month of 2014.
The price of ensuring corporate bonds is now at its lowest level since the Lehman crisis, and with it, MBIA’s business is exposed to less riskmaking it more palatable to investors seeking stability.
Sometimes the market provides investors with gifts—great entry points for stocks of up-and-coming companies which are flat-out performing and profitable. Right now, I believe that’s the case with EnviroStar, Inc., a “low-floater” that just reported blowout earnings, and whose share price should be in line for some nice gains ahead if you’re patient enough to […]
It’s been a rough and highly volatile start to 2014 for market players. That makes now an opportune time to look at the performance of some recent recommendations and close out some older OTC positions, as the “easy money” bull market days of 2013 appear to be coming to at least a temporary halt. Fusion […]
I can’t think of any historical precedent for what’s happening with marijuana in the United States—when a formerly illegal substance with a massive built-in market becomes legal. Alcohol prohibition almost fits the bill, but alcohol was legal before prohibition. That being the case, it’s time to take a look at two pure play over-the-counter stocks […]
A happy New Year to all. Let’s get straight to business. We’ll start with the golden delicious – what appears to be a bounce in the precious metals that has many people wondering if we’ve seen the bear’s bottom. On the bullish side, the chart shows the SPDR Gold Trust (NYSE:GLD), a decent proxy for […]
Sometimes we rant. It’s never too long, usually, and we don’t do it often, so when an occasion like New Year’s affords us an excuse and the spirit of the rant settles upon us, we figure it’s time to take a minute and let loose. First off, we had a good year. It was a […]
I’m rarely attracted to publically traded small-cap biotech and pharmaceutical firms. Most are struggling to get their products approved by the FDA, and looking to enter a marketplace already populated with “800-pound gorillas”—giant big pharma multinationals with deep pockets and heavy-duty institutional support. Very occasionally, however, I’ll stumble upon an up-and-comer in the sector that […]