The following segment from yesterday CNBC’s Halftime Report nicely frames the disparity of thought relating to the health of financial markets and the global economy amongst the “smart money”: Montage of Fink, Miller & Blankfein is pure comedy …
Continue readingCEO
On Friday in my MorningWord, the message was simple, in an uncertain economic and market environment, take cautious commentary from company management at face value. I used the example of Cisco Systems in early November 2007. They …
Continue reading
A year ago, as the calendar was about to turn, few would have pegged Disney (DIS) to be a battle-ground stock 0f 2015. ESPN, their cash cow, was flying on all cylinders. And there were …
Continue reading
On Friday’s Option’s Action on CNBC, my co-panelist Carter Worth made a fairly compelling case why shares of McDonald’s (MCD), one of the best performing stocks in the Dow Jones Industrial Average in 2015 could …
Continue reading
The financial and mainstream press have had a field day with Martin Shkreli, the thirty something year old Pharma company CEO. In September he came under widespread scrutiny for raising the price of a highly …
Continue reading
At one point in yesterday’s session, share of Walmart (WMT) were up 5% on the day, and up 8% from its 52 week lows made on Friday. The two day gains obviously came off of …
Continue reading
Event: Cisco Sytems (CSCO) reports fiscal Q1 results tonight after the close. The options market is implying about a 5.5% one day move tomorrow, which is rich to the 4 qtr average of about 4%, …
Continue reading
Regular readers know that we have been positively disposed to Twitter as product, platform, and stock for the better part of its two years as a publicly traded company. We have taken profits in the …
Continue reading
On CNBC’s Fast Money last night, I was asked for thoughts on Groupon (GRPN) missing Q3 estimates, guiding down Q4 and booting their second consecutive co-founder from the CEO role. At the time the stock was …
Continue reading
Bear with me, this is a bit of a think piece. I consider myself somewhat of an technology early adopter. Until the last decade that generally meant hardware and desktop software, but with the proliferation …
Continue reading