Last week, I read an article on CNN by Paul La Monica entitled “How to Stay Safe in a Scary Market.” In the article, La Monica says So now’s the time… to be looking at blue chip, dividend-paying companies that can hold up well during rocky periods for the broader market. The idea is that,…
The other day I got to thinking about the Efficient-Market Hypothesis (EMH). EMH is the idea that the stock market is “informationally efficient,” meaning that a stock is always accurately valued at any given time based on the information that is publicly available about the stock at that time. In other words, day-to-day changes in…
Anybody that has read one of the many, many, many, many articles I’ve written about Melco Crown Entertainment knows that it holds a special place in my heart. Today was a big day for the company, as it reported quarterly earnings of $0.33 per share on revenue of $1.2 billion. Despite the fact that these numbers slightly missed expectations, the…
Last week, I wrote about Apple’s round-number road block. While I’m not too terribly concerned about Apple, mostly because it still has a low valuation relative to its peers, I have lately been keeping an eye on another round number that sends chills down my spine.
Apple got so close to $100 last week that shareholders such as myself could almost taste it. But alas, it wasn’t to be. However, it will be interesting to see if $100 provides significant resistance for the stock moving forward. If you have watched stocks trade for any significant amount of time, you have certainly noticed…
I didn’t get to this yesterday, but I wanted to do a quick run-through of the numbers from Apple’s earnings report that I talked about on Tuesday. Apple slightly beat my target of $1.23 earnings per share, posting $1.28 for the quarter. Good news for shareholders.
Today’s the big day for Apple shareholders. Here is a summary of some of the numbers I will be looking at. EPS Analyst consensus estimates are around $1.23 per share under the new post-split share structure.
Tomorrow my wife and I are going to the beach for a few days to celebrate our anniversary, so I won’t be around for the market excitement. It’s tough to miss a few days of market news, especially during the middle of earnings season. Staying up-to-date about what’s going on with all of the stocks…
Today I’m going to provide some technical updates on my five largest current positions. Amazon Let’s get this over with at the top: I’ve been pretty vocal about my recently established short position in Amazon. Friday was painful for us Amazon shorts, and the stock rallied more than 5%, apparently on news that it will be…
I’m typically an optimist, especially when it comes to the United States economy. But if there is one lesson that history has taught investors, it’s that the market moves in cycles. The market has been hitting a lot of new all-time highs recently, and it has made me start to think about how to best position my…