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…
Today I would like to try to illustrate the difference between picking a good company and picking a good stock . I recently wrote about how I have a short position inAmazon.com, (NASDAQ: AMZN) and then went on to express my belief that Amazon has a bright future. No, I’m not off my meds. I just get this recurrent feeling of deja vu…
There has been a lot of buzz lately about the legalization of gambling in Japan. If Japanese Prime Minister Shinzo Abe gets his way, a $40 billion annual gaming market could be open for business by the end of 2014. This prospect has gaming companies such as Melco Crown Entertainment (NASDAQ: MPEL) , Las Vegas Sands (NYSE: LVS) ,MGM Resorts (NYSE: MGM) , Wynn…
Well, I finally put my money where my mouth is and shorted Amazon this week. I’ve been talking shit about Amazon’s stock for weeks, and I finally pulled the trigger this week. If you don’t know where I stand on Amazon, I discuss Amazon’s historically high multiple here, and Amazon lost my “Battle of the…