In case you missed it, Apple (AAPL) reported their fiscal Q2 results last night. They were generally in-line, representing the first year over year quarterly revenue decline since 2003. But what’s really spooking investors (the …
Continue readingGoldman Sachs
Yesterday on CNBC’s Fast Money, infamous bank analyst Dick Bove was critical of Goldman Sachs’ (GS) CEO Lloyd Blankfein. In particular, he criticized Goldman’s inability to react to new regulations since the financial crisis. That …
Continue readingThis weekend, Barron’s was fairly emphatic that it is Time to Buy Bank Stocks: Their bull case is largely predicated on valuation: the 10 leading banks and investment banks now trade for eight to 12 times …
Continue readingLast night on CNBC’s Fast Money we played a March Madness themed game of “would you rather” in the semiconductor space between Intel (INTC) and Nvidia (NVDA), watch here: My choice was NVDA, primarily the result …
Continue readingCitigroup and Goldman Sachs both declined after earnings yesterday, pulling XLF back down to the $22 level that it has been grappling with this month. (Full Disclosure: I’m long GS stock through restricted shares as …
Continue readingNasdaq stock (ticker NDAQ) is in the same place it was 8 years ago, in late 2005. At the time, the stock had ripped from around $10 to around $40 in 2005 as the stock …
Continue readingSince making new multi-year highs earlier this month, MSFT is now down about 7%, with last night representing its first close below its all important 50 day moving average (purple line below) for the first …
Continue readingMorningWord 12/9/13: Last week MSFT shares closed at new 13 year closing high, levels not seen since the internet bubble burst. Despite the weekly highs, the stock edged just a small week over week gain, …
Continue readingThe U.S. political wrangling over the past week has the feel of a Choose Your Own Adventure novel. We could be turning pages back and forth and end up in the same place over the …
Continue readingWe’re more than halfway through earnings season, and a few themes have emerged. Goldman Sachs research has a solid summary of some persistent takeaways from company reports: Theme 1: Firms pulling all available levers to …
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