Back in the late 1990s, the higher a tech stock went, the more bullish sell side analysts and investors would get. And in many instances, analysts would set ridiculous price targets that quickly turned out to …
Continue readingGold and Gold mining stocks have been left out of the rally in just about every other risk asset on the planet since early November. While materials and mining stocks (measured by the XLB, the …
Continue readingThe semiconductor space has been enveloped by an epic spat of M&A for the better part of the last two years, equaling nearly $200 billion in deals. Much of this urge to merge has been …
Continue readingIn the days following the U.S. election in early November, investors got it in their head almost immediately that the outcome didn’t mean some newfound economic populism and trade wars, but traditional Republican supply side …
Continue readingRemember when Chinese equities (Shanghai Composite) inflated 180% from their June 2013 lows to their June 2015 highs: Then the index got cut in half. It put in lows earlier this year, before regaining some …
Continue readingMacy’s (M) had a pretty nice bounce post election like a lot of retailers. But as we detailed in a November 29th post, not many of the big box and department store retailers have a …
Continue readingFedex Corp (FDX) reports fiscal Q2 results Tuesday after the close. The options market is implying about a 5% one day move, which is shy to the stock’s 6.3% one day post earnings average over …
Continue readingFor the better part of 2016 the Dow Jones Transport Index, measured by the IYT (the iShares Transport etf) traded in a tight consolidation in the low to mid $140s: The breakout since the election is …
Continue readingAdobe System’s (ADBE) reports their fiscal Q4 results tonight after the close. The options marker is implying about a 5.3% one day move tomorrow, which is a tad rich to the 4 qtr average one …
Continue readingEarlier, we previewed Oracle’s (ORCL) Fiscal 2Q earnings due after the bell. Here’s what we had to say in conclusion: The most likely outcome in my opinion is that the stock is up or down …
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