OMG, the FT is reporting that Eddy Cue, the Apple (AAPL) exec in charge of iTunes, Music and iCloud, “raised the prospect… of buying Time Warner… at the end of last year with Olaf Olafsson, Time …
Continue readingChina
Yesterday, Zerohedge made an interesting observation (via Bank Of America Merrill Lynch) of the decoupling taking place between emerging market stocks and the S&P 500 (SPX). That was also the case prior to the two sharp …
Continue reading
On Friday as I was perusing some stock charts and it struck me how many similarities there are between Nike (NKE) and Starbucks (SBUX). And not just the look and performance: $NKE & $SBUX are …
Continue reading
In case you missed it, the Fed speak over the last week, and the Minutes of the the FOMC’s April meeting put to be bed the debate whether or not their June FOMC get together is a “live” …
Continue reading
In early April, prior to Under Armour’s (UA) Q1 results I took a quick look at the trade set up with the stock in the mid $40s (here), and touched on one of the pillars …
Continue reading
This morning the Atlanta Fed’s GDPNow tracker, which shows a meaningful uptick in Q2 activity is making the rounds: On May 13, the #GDPNow model forecast for real GDP growth in Q22016 is 2.8% https://t.co/FMxeZy8vKJ pic.twitter.com/tMm2HJfS4B …
Continue reading
In this past weekend’s Barron’s, The Striking Price author Steve Sears, highlighted Goldman Sachs’ fundamental and derivative research on Boeing (BA) in front of the company’s annual analyst day this Wednesday (Goldman Gloomy on Boeing Outlook). …
Continue reading
You know the old saying, Credit leads Equities. And in China, the country’s fairly well documented credit bubble is leading their stock market down a long road to ruin. The Shanghai Composite closed down 2.8% overnight, …
Continue reading
One of the largest trades today in the options pits was an apparent bearish bet (or a defensive hedge) in the XME, the S&P Metals & Mining etf. When the etf was $22.85 a trader …
Continue reading
There’s lots of weird stuff going on in global financial markets at the moment. Last week’s statement by the U.S. Federal Reserve (sort of upgrading their view of the global economy, while slightly downgrading their …
Continue reading