COST reported this morning, which appeared generally fine on the surface….Conference call starts at 11am. From Bloomberg: Net income rose to $324 million, or 73 cents a share, in the quarter, from $306 million, or …
Continue readingS&P Futures: 1308.8 -4.7999 Last Updated: 09:10:00 AM Bloomberg (Reuters) – Sales of newly built single-family homes rose for a second straight month in April and supply was the lowest in a year, but …
Continue readingCostco (COST) reports earnings tomorrow morning, pre-open…. -Implied move in the options market is only about 2.5% which is rich to the ~1% average move over the last 8 quarters….. -stock is up 14% ytd …
Continue readingBrazil and China have been tightening monetary policy since mid last year when the U.S. Fed had indicated it would enter into its second stage of quantitative easing in late summer…. Chart below shows the …
Continue readingBespoke The Russell 3,000 is currently up 5% year to date. The average stock in the index is only up 3.61% year to date, so the larger cap stocks are clearly outperforming. Fifty-seven (57%) percent …
Continue readingYesterday TECD, a wholesale technology distributor, disappointed investors with an earnings and revenue shortfall that was largely blamed on weak consumer demand in Europe. The stocks 12% sell-off following the news and the generally mediocre commentary …
Continue readingFutures: S&P 500 1,316.70 -11.10 NASDAQ 100 2,321.75 -21.75 DJIA INDEX 12,359.00 -107.00 Business Insider Good morning! Happy Monday! Everything’s getting clobbered right now following a week of turmoil on Wall Street and more …
Continue readingReaders of this space know that I have a hefty dose of skepticism as it relates to this market, and have become increasingly convinced that the market is going to correct 10% over the next …
Continue readingI’m glad that IPO of LKND is getting some negative attention. If I hired bankers that gave away my shares at half the price that the market decided the stock was worth, I’d be pretty …
Continue readingWall Street has it’s share of over used, generally nonsensical terms that add little to no value to individual investors. One that I hate is best of breed. You hear it on the teevee a …
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