I was wrong. Really missed the big picture on this one. Was guilty of thinking like everyone else. The thing I missed though doesn’t mean the next of $1 trillion+ tech boom we’ve been forecasting isn’t going to happen though…. It means it’s going to be even bigger. Mark Zuckerberg Has Seen the Future… Mark…
DetailsNot wanting to beat a dead horse, this is the last time we’ll mention the Ferrari IPO flop until it falls under $40 a share, which – at this rate – shouldn’t be a problem. We’ve warned for weeks to avoid the stock… It was overvalued from the start. There was no meat to the…
DetailsThe FDA just warned that two popular hepatitis treatments from AbbVie, Inc. (ABBV) could cause serious liver injuries in patients with underlying advanced liver disease. “Patients taking these medicines should contact their health care professional immediately if they develop fatigue, weakness, loss of appetite, nausea and vomiting, yellow eyes or skin, or light-colored stools, as…
DetailsAs the financial world frets over interest rates, recession, and more, your editor wrote six months ago ago that “there’s no recession here, not even close.” We weren’t talking about the overall economy though. Malaise and more malaise is a reasonable economic forecast. No, we were talking about one of the biggest changes sweeping through the…
DetailsNot too long ago, we advised staying on the sidelines when the Ferrari (RACE) IPO rolled onto the showroom floor. As expected, small investors scrambled to buy. Demand outweighed supply. The stock roared to over-inflated highs on the day. And, according to Barron’s, the company should earn $1.60 a share on about $3.3 billion in…
DetailsWestern Digital unveiled a $19 billion cash and stock takeover of SanDisk… Semiconductor maker Lam Research is acquiring KLA-Tencor for $10.6 billion. Avago Technologies agreed to pay $37 billion for Broadcom. Intel scooped up chipmaker Altera for $17 billion. And back in March, NXP Semiconductor offered to buy Freescale Semiconductor for $11.8 billion.
DetailsIt’ll take a lot more than Oprah Winfrey to bring Weight Watchers back to life. Just days after the Oprah Effect doubled the stock, we’re beginning to see signs of heavy selling pressure at the top. That’s because once news – as great as this – has been fully disseminated, we begin to see a…
DetailsIf you think the summer’s volatility was vicious, you haven’t seen anything yet… What I’m about to show you suggests we’re on the verge of another gut-wrenching collapse. How bad could it get? Worse than you think. Catching a Bad Break More than six years removed from the credit crisis, the recent havoc served as…
DetailsOver the last five years, biotech is up 260%, as compared to the 69% gains on the S&P 500 and the 96% gains on the NASDAQ, creating a firestorm of calls for a bubble. But I can assure you the boom is far from over. The press may tell you, “A wave of medical innovation…
DetailsWhether you want to or not, you know Oprah Winfrey… The $3 billion woman has become one of the most influential celebrities in the world. What she touches turns to gold. Books, magazines, movies, fashion, products… you name it. A simple mention by Oprah is rewarded in riches. We know Dr. Phil, Dr. Oz, Deepak…
DetailsWarren Buffett took another major hit last week and, thanks to a unique confluence of events, Buffett’s loss could be your gain. Let me explain. You surely saw the news from Walmart (WMT) last week. The retail king said revenues would be flat this year and next and that net profits would drop between 6%…
Details“As the fortunes of many Americans go, so goes Wal-Mart, so goes the economy.” That’s what The Associated Press recently noted. Arguably, Wal-Mart is one of the world’s most important economic indicators. It’s a proxy for the health of the consumer and the global economy, if you will, an economic bellwether that accounts for nearly…
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