UPDATE: August 24, 2017 After I rolled this trade in July, it all looked well until Amazon started selling. And it still struggles to hold the ground. As of today, the stock dropped to $941.43 and I decided to adjust my trade to keep the stock price a bit more centered in my Iron Continue reading →
Posts Tagged With 'earnings'
Why Selling (Tech) Stocks Now Based On Valuation Is Foolish
More and more bears are now coming out of the woods worried about the stock market valuation claiming that “it is expensive”. Also dividend growth investors who are accumulating stocks in their portfolios for the next 20 or 30 years are joining the ranks of the perma-bears and selling. The latest Wall Street concerns are Continue reading →
Darden’s Earnings Momentum Slows for First Time in Two Years
Darden Restaurants (NYSE: DRI) reported its fiscal year 2016 and fourth quarter earnings today, and while revenues were up for its flagship brand, Olive Garden, they were up even more at some of its other brands, like Seasons 52 and Bahama Breeze. This is interesting considering that Darden’s quarterly estimates had been up for the Continue reading →
Jump On Board These Cruise Names; Space is Ripe for Growth
Despite several negative news events over the past few years, the cruise line industry is proving to be quite resilient. Cruise lines continue to attract a record number of passengers each year, who seem to have deep pockets when it comes to spending on activities while on board. For these reasons, and others, you should Continue reading →
These Retailers Should Be Avoided
Earnings season is coming to an end, but there is a sector that has a few companies that are still reporting and their numbers are very important because they show how consumers feel about spending. The sector is retail. A handful of retailers reported this week, and of those, there are two that investors should Continue reading →
Avoid Pure Plays in Banking For Now
This week, the bulk of the firms in the financial sector are wrapping up the reporting of their earnings for the first quarter. And whether it be to your dismay, surprise or pleasure, the numbers they are reporting are not as bad as what had been anticipated. Most of the big banks reported last week, Continue reading →
Stocks rallied on earnings expectation
Today, the stock market rallied on earnings expectation, which on the other hand makes me feel like wishful thinking. If the earnings show to be disappointing, the stocks will fall back down. Today’s gains were very impressive as the Dow Jones Industrial Average (DJIA 10,018, +274.66, +2.82%) closed above 10,000 points for the first time Continue reading →
Picks 11/16 – 11/20
New [tag]stock picks[/tag] this week: Netezza Corp. (NZ) Existing & new [tag]holdings[/tag]: Symbol Qty Last Gain($) Gain(%) [tag]JADE[/tag] 34 3.22 -8.84 -7.47 [tag]MED[/tag] 8 26.69 47.20 28.38 [tag]NZ[/tag] 10 10.62 -5.00 -4.50 [tag]ORS[/tag] 67 0.79 -20.06 -27.48 [tag]RINO[/tag] 4 28.00 21.08 23.19 [tag]V[/tag] 11 80.00 127.17 16.89 Contribution this week: $0 Current [tag]capital exposure[/tag]: -2.09% Continue reading →
Medifast bought back
Medifast (MED) beats expectations on earnings. The consensus estimate was 19 c per share, MED reported 23 c per share. So I bought MED back at the market opening: 10/29/2009 09:30:29 Bought 8 MED @ 20.79
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