Oct 30, 2014 | Uncategorized
At the depths of the recession, fears of a knocked out American consumer kept valuations low and investors scared; to this day, inflows from retail investors remain limited and beyond historical expectations. This has impacted several sectors, but it has not hit...
Oct 29, 2014 | Uncategorized
Alibaba’s (BABA) IPO was decent, respectful, but nothing spectacular. Recent strong IPOs like GoPro (GPRO) and Twitter (TWTR) are counterpoints; both started strong and quickly rose in the first few weeks of trading. BABA’s story is different. A decent pop meant...
Oct 27, 2014 | Uncategorized
Last Thursday, Pandora (P) announced revenue that was roughly in-line with expectations and non-GAAP EPS that was a small beat. Neither was enough to keep the stock positive, as it fell over 15% in intraday trading on Friday. At the same time, neither revenue nor EPS...
Oct 21, 2014 | Uncategorized
Apple reported strong earnings on Monday afternoon, helping the stock to rise modestly after hours and causing some analysts to raise their price targets for the company. To profit in a highly efficient market, investors need to do more than read the headline and...
Oct 20, 2014 | Uncategorized
Last week saw some turmoil and a sharp spike in the VIX, which led to some rare backwardation in VIX short-term futures (VXX, UVXY). The increase in volatility and sudden decline in stocks, including a fall below the 200-day DMA which some traders saw as an indication...
