When I first heard about this merger, it was surprising, but on giving it a little thought, it made a significant bit of sense.   Sense at second thought   Microsoft is, to start with, quite an also-ran player in the internet consumer stakes - one which has basically turned out to be a game ruled by Google and…
Trading Idea Teekay Tankers (NYSE: TNK) is currently trading at $3.72 and I expect at least 15% to 20% upside for the stock in the next 1-2 months.     Idea Rationale First, Teekay Tankers has corrected by 46% in YTD16 and I believe that the stock has discounted concerns on new oil tanker supply in 2H16 and concerns related…
Trading Idea - Whiting Petroleum (NYSE: WLL) has surged by 202% since February 25, 2016 on higher oil prices and slashing of investments for 2016, but the stock is due for correction as the Doha deal failed and oil is likely to decline. A 20% to 25% correction from current levels is entirely likely from current levels of $10.7.  …
Saturday, 16 April 2016 00:00

Amazon Surges As Retailers Lag

This article was first published by Bespoke Investment Group Read The "Think B.I.G Blog"   Back in 2014, we created the Bespoke Death By Amazon Index.  The index tracks a list of traditional brick & mortar companies threatened by the rise of e-commerce.  We update this index (available on both a market cap-weighted and equal weight basis) every month, and we…
This article was first published by Bespoke Investment Group Read The "Think B.I.G Blog"   While the S&P 500 hasn’t quite taken out its May 2015 all-time high (it needs about 2% more of gains), the index’s trailing 12-month P/E ratio is set to make a new six-year high if market gains hold today.  Below is a chart showing this…
Thursday, 14 April 2016 00:00

Bullish Sentiment Declines

This article was first published by Bespoke Investment Group     Did individual investors not get the memo that the S&P 500 is up 2% in the last week? Normally, when stock prices rise, investor sentiment follows suit.  However, in this week’s survey of investor sentiment from AAII, bullish sentiment actually declined from 32.19% down to 27.85%.  That now makes…
On April 8, 2016, FactSet earnings insight report for the S&P 500 estimates 1Q16 earnings to decline by 9.1%. If this holds true, this will be first time since 3Q09 that the index will see four consecutive quarters of year-over-year declines in earnings. The chart below shows the estimated earnings growth and the actual growth from 2Q13 to 4Q15. Clearly,…
    Guest Article From Frank Holmes, CEO Of U.S. Global Investors   A little over 10 years ago, there were a dozen major domestic airlines. Following a wave of bankruptcies, the industry consolidated, and today four remain—American, Delta, United and Southwest. For the past couple of years, these newly-strengthened carriers, along with a full roster of regional and low-cost…
One of the major points discussed after the financial crisis of 2008-09 was the asset concentration in the banking system in the United States. However, little has been done on that front with the “too big to fail” in 2007 becoming “too bigger to fail” by 2015.     In the near-term, I don’t see any major crisis or liquidity…
I am of the opinion that the S&P 500 index is likely to decline by at least 10% to 15% in the coming months. In my view, this decline is likely to come sooner than later. I therefore advise caution and investors who are sitting on gains can consider some profit booking. In the recent past, I have discussed several…
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