Web 2.0 names are getting annihilated again today, and frankly it is getting ugly with LNKD down 7%, Yelp down 8.5% and FB down 5%. Nasty business. I leave half of a long stock position …
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We played JPM for a quick bounce off the important $50 technical support level last week. Now with earnings approaching next Friday, Oct. 11th, the stock has our interest again, particularly given the historical setup …
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We put this trade on for a quick technical bounce. Given that we’ve had that, we have no interest in overstaying our welcome, particularly since Deutsche Bank has already indicated that the 3rd quarter was …
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Back in mid-June I made the argument (below) that despite challenged fundamentals, stocks like ZNGA could be a reasonable speculative long when you consider their large cash balance, investors’ appetite for speculation and the potential …
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MorningWord 6/17/13: Late on Friday a little headline snuck out from Reuters that I was surprised did not get more play over the weekend, “Deutsche Bank ‘horribly undercapitalized’ – U.S. regulator”. If that headline had …
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MorningWord 6/14/13: Catching sentiment shifts in unloved stocks can be one of the most satisfying feelings as a trader/investor. The only problem with doing so is that more often than not you will be early. …
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Reuters Consumer prices rose the most in four months in January as the price of gasoline jumped, highlighting a growing concern that higher energy costs could slow the economic recovery. In a report that might …
Continue readingTrade Update Jan13th 2012: Well I was just a tad early on this one. With the stock down 3.3% it is trading within 1% of where I initiated the trade last week. Unfortunately this will …
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JPM has been widely regarded as the “best of breed” money-center bank throughout our financial crisis in 2008/09 and again since the bubbling up of the European Sovereign debt crisis mid last year. At the same time, investors have …
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WSJ Economics: 8:30 a.m. — The Bureau of Labor Statistics’ steaming enchilada of a jobs report arrives. The consensus calls for 60,000 new jobs total. FactSet Research estimates call for 90,000 private sector jobs. The …
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