Allergan (AGN) has been involved in a couple of take-over dramas over the last few years. First in 2014 avoiding what would have been nearly certain death warding off Valeant (VRX) and agreeing to be …
Continue readingBig Printin’ AGN – Delta Force
EBAY – Partying Like it’s 1999
Last night on CNBC’s Fast Money we discussed Facebook’s launch of their Marketplace feature, think internal Ebay: As Julia Boorstin reported, the Marketplace had a gaff at launch by not having a filter set for …
Continue readingSalesforce (CRM) For the Birds
On September 8th we took a look at Salesforce (CRM) and determined that there was a strong possibility that the stock would remain under pressure into their Q3 report in November. The main reason being the weakness in billings was unlikely …
Continue readingMorningWord 10/5/16: Zero Dark Hurty
Yesterday’s price action across most major risk asset classes was a clear indication that investors are re-positioning for rate tightening cycle. Let’s quickly refresh The S&P 500 (SPX) was down 0.5%, the yield on the …
Continue readingBig Printin’ – EWW Baby
EWW , the iShares Mexico etf , saw unusual call volume today, about 10x average daily, and equaling about 50% of the current call open interest. Most of the volume came in two trades, one …
Continue readingOK GOOGL – Fitter, Happier, More Productive
Today Alphabet (GOOGL) introduced their (kind of) much anticipated digital assistant, called Assistant to compete with Amazon’s (AMZN) Alexa/Echo products. The company also introduced a line of Google designed and branded smartphones that will compete …
Continue readingChart of the Day: COST, XRT – What’s in Store?
Last Thursday we took a look at Costco (COST) (MorningWord 9/29/16: COST’$ Cut) into its into their fiscal Q4 results that evening. The stock was clearly oversold into the print, down 13% from its August …
Continue readingMorningword 10/4/16 – You’re Smarter Than Silicon Valley Thinks
Dan has written a few posts recently (here, here, here, here) on how the semiconductor industry is adjusting to changing needs for their technology as the world becomes more wired (the internet of things). That …
Continue readingNvidia (NVDA) – Graphic Novel
When it comes to running your computer, smartphone or gaming console you have the CPU (central processing units) and the GPU (graphic processing units). While there are lots of other components, these are the workhorses. The first basically …
Continue readingMorningWord 10/3/16: I SPY With My Little Eye
In this weekend’s Barron’s Striking Price column, long time columnist Steve Sears, (who I am a big fan of) had Steve Sosnick of Timber Hill fill in to discuss hedging ones portfolio into the Nov 8th …
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