Just as we noted with Boeing (BA), the fear in Facebook (FB) has gotten out of hand. Granted, political analytics firm, Cambridge Analytica said it was able to collect data of 50 million people’s profiles without any consent. “We think this episode is another indication of systemic problems at Facebook… … We see enhanced risks for…
DetailsAfter closing quite a few wins in recent weeks, yesterday’s sell off took a hatchet to some of our positions. We are now closing our positions in the DIS April 2018 110 calls, the Gamestop positions and U.S. Concrete stock. We will look to buy back in at a later date. However, something interesting did…
DetailsOver the last 20 years, the one thing I’ve learned is to buy the most feared stocks. That’s because the herd has a historical tendency to overreact. But as Warren Buffett would advise, “Buy when others are fearful.” Even Sir John Templeton would tell you to buy on bouts of excessive fear. Baron Rothschild would…
DetailsIt’s safe to say the markets are a mess again. After failing at its 50-day moving average, the DJIA fell 250 points on Wednesday, as shares of Boeing (BA) fell by more than $8.40 on the day on fears of a potential trade war. This comes after Trump said he wanted to slap $60 billion…
DetailsAfter an extreme overreaction to initial 2018 earnings guidance by Dollar Tree (DLTR), the stock appears to have caught support. Fundamentally, revenue growth is still solid, and same-store sales are still climbing. Plus, margins continue to expand. We have to also remember that deep discount retailers like DLTR are in the sweet spot of retail.…
DetailsEver since Kathleen Casey Kirschling became the first Baby Boomer to retire on October 15, 2007, biotech stocks have become one of the hottest investment sectors. That’s because behind her were another 80 million Boomers planning to retire at the rate of 10,000 per day over the next twenty years. Thanks in part to that…
DetailsThe U.S. economy is healthier than it’s been in quite some time, and it just added another 313,000 jobs last month. February’s number marks the biggest monthly gain since October 2015. The unemployment rate remained at 4.1% because so many new jobs are being created, people, who had been sitting on the sidelines, are returning…
DetailsWhen you pull a rubber band too far, what happens? Eventually, it snaps back. Stocks do the same. At times, extreme bouts of fear can send a stock tumbling to excessive unsustainable lows. Other times, extreme bouts of greed can send a stock up too much, too soon. And if we can spot those very…
DetailsIt would appear Foot Locker (FL) has bottomed out. It’s now technically oversold after falling on weaker than expected earnings. However, according to analysts at Susquehanna Financial Group, “Based on our checks and commentary by Foot Locker management in today’s press release, we believe the quality of product on the horizon and the flow of…
DetailsIn late February 2018, we noted: The Trump Administration recommended steep tariffs on foreign steel and aluminum. In fact, Commerce Secretary, Wilbur Ross, is recommending three options to the President, including imposing across-the-board tariffs on steel and aluminum, targeting select countries with even higher tariffs, and/or limiting the total amounts of steel and aluminum currently…
DetailsAfter taking a considerable amount of winners off the table, we wanted to take a breather today and see how you are? What do you think of the trades? How have you done with winners? If you have any suggestions on what you’d like to see featured, let us know. We’re happy to oblige. This…
DetailsNow that the reins of the Federal Reserve (Fed) have been handed to Jerome Powell, there are concerns the bankers will aggressively hike interest rates. And it has many on Wall Street terrified of a potential market downturn. That’s because higher interest rates could pull cash out of the stock market into bonds. It also…
Details