Back in early 1998, when I was still a kid, I completed my first winning trade, it was in enterprise software vendor PeopleSoft (ticker PSFT, a company that was bought by Oracle in 2005 for $10 …
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EXPE is the red-headed stepchild of Priceline in the online travel market. The company is only worth $10 billion, vs. PCLN at $64 billion. That’s despite the fact that both PCLN and EXPE were around …
Continue readingIt seems that for every day that the SPX makes a new all time high, a new potentially significant divergence emerges. Gains in the Housing market, long thought to be a pillar of the recovery, …
Continue readingThe U.S. petroleum renaissance is gaining steam as more hard-to-reach fossil fuels come online. The FT outlined the nature of the production increase in a Jan. 7th article: The government’s Energy Information Administration predicted on …
Continue readingSirius XM Holdings was a darling of the late 1990’s internet bubble, when the stock rallied from single digits to almost $70 over the course of the cycle. Satellite radio was a novel idea, with …
Continue readingThis is one of the most incredible monthly charts I’ve ever seen: SRCL IPO’ed in 1996, and has appreciated in almost a straight line ever since. The stock’s largest peak-to-trough decline was in 2008, when …
Continue readingDan and I were at a Stocktwits conference two weeks ago in San Diego and one of the presenters was going over some charts in the market over the past year. He got to a …
Continue readingAs we approach the fiscal cliff, the media will surely latch on the implications if we go over the cliff. I am relatively certain that we won’t go over the fiscal cliff with full force. …
Continue readingMarketwatch U.S. stock-index futures gained ground Friday on an ongoing stream of positive earnings and as the world’s top finance officials gather in Washington. Futures on the Dow Jones Industrial Average DJM2 +0.38% gained 73 …
Continue readingWith all the focus in the markets lately on Greece and Spain and Portugal etc. one can be forgiven for missing some pretty crazy developments in the Middle East and Iran. Obviously Syria is turning …
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