Yesterday, shares of Fitbit (FIT) closed up 13.5%. Shares of 3D Systems (DDD) closed up 17.5%. This morning, shares of Square (SQ) opened up 15%. All of these initially hot out of the box (IPO) tech stocks are …
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Sometimes I can sound a bit like a broken record. I see risks to the current market / economic backdrop and feel that other market participants / pundits are overlooking given their long biased mandates. …
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Yesterday Apple introduced a new commercial on its YouTube channel for the iPad Pro, titled – “What’s a Computer?” . This ad comes a week after Apple’s fiscal Q3 earnings report that showed that despite a 9% year over …
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In case you missed it, the U.S. economy grew at a disappointing 1.2% in the second quarter, well below the 2.5% estimate., but above the .8% print for Q1. As highlighted in Friday’s WSJ: Economic growth …
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Facebook (FB) blew the doors off their Q2 results. I think it is safe to say their were few investors, analysts and pundits who did not expect them to, so congrats to all. Last night immediately …
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Lat Friday on CNBC’s Options Action, we discussed the under-performance of Biotech stocks in the first half of 2016. Meg Tirrell highlighted the large cash balances of mega-cap biotechs, and the potential for a second half …
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I have a confession and then an apology to make to RiskReversal readers or those who watch my market commentary on CNBC. First the confession. Not for a moment in the last couple months have …
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The Fed is doing their best to orchestrate a soft landing for their rate lift-off. Yeah, that makes no sense. But I made it up myself and it makes me laugh. The FOMC are quick learners …
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U.S. Q2 GDP was below forecast at 2.3%, and the first half average of 1.5% is below last year’s 1.9% first half gain which was essentially inline with the annual average increase of 2% since the start …
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In case you missed (sarcasm font needed), there is some funky stuff going on in China as it relates to their stock markets. Government regulators in an attempt to stabilize the sell off have halted …
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