A couple of weeks ago, I wrote two articles about the CCAR portion of Federal Reserve’s stress tests for the big banks. The results and the subsequent stock price action were relatively good for my only big bank holding at the time, Wells Fargo (WFC). WFC stock reacted especially well to the results when compared to…
RF Micro Devices is reporting its Q4 earnings tomorrow after the market closes. As I discussed previously, I bought RFMD in January at $4.50 per share, and I was along for the ride when they announced a merger with Triquint Semiconductor (TQNT) in the end of February. RFMD’s share price immediately jumped after the merger…
It had been a while since AAPL shareholders such as myself were really blown away by a positive earnings report, but yesterday’s was a doozie! Yesterday before the earnings release I wrote about why I am an AAPL shareholder and why I believe the stock was a worthwhile investment for me at $488 per share. Since…
The past couple of days I’ve written about the dynamics of bull markets and bear markets and the investor sentiment cycle, so today I’d like to discuss one of my larger holdings, and one of the most polarizing stocks in the entire S&P 500: Apple (AAPL). Today is a big day for Apple because the company…
I posted yesterday about the cyclic nature of the stock market, and I wanted to take some time today to go into further detail about market cycles. If you look at a historical chart of the Dow Jones Industrial Average, you see that the motion of the stock market is far from smooth. The gradual climb…
This morning I came across an article on CNN that conveyed a bit of good news about the bull market. According to an annual Bankrate.com study, despite the fact that the market has made new all-time highs in the past few months, 73% of Americans are not currently inclined to invest in stocks. If this…
I can already tell I’m going to get some flack for that headline, but… I forgot today was Good Friday. Now, before I dig this hole any deeper, let me first say happy Good Friday! And now let me clarify: a large part of my daily life revolves around routine. I think my tendency to…
It’s been a while since I’ve written an article focusing on a single stock, so today I’m going to talk about my largest position: Melco Crown Entertainment (MPEL). Any American knows that Las Vegas is the standard-bearer for gambling entertainment in the United States. But is it the top gambling destination in the world? It…
About three weeks ago, I wrote a couple of posts about the big banks’ CCAR stress test results. In this post prior to the results on March 26, I provided the following warning to shareholders of the banks subjected to the test: As I have mentioned before, with these stress tests, it’s all about the…
Everybody keeps asking me what is going on?!?!?! The markets tanked this week and everyone is running for the hills! Russia is taking over eastern Europe, this quarter’s earnings will be bad, Obamacare, Chinese economy, bubbles, tapering, Heartbleed, swine flu, and Y2K! What do I have to say about what happened to the stock market…