With all due respect to Charles Dickens, the title couldn’t be helped when we contemplated the fates of both Wal-Mart (WMT) and Best-Buy (BBY) this weekend, and the longer-term prospects for both. For the first time since January, we bought … Continued
We prefer our blog posts short and sweet given the info overload inflicted on today’s average investor, so we’ll try to keep this post concise and to the point. What does a decade of p/e compression look like for the … Continued
Costco, the warehouse club king, reports fiscal q3 earnings before the bell on Thursday, with analyst consensus expecting $0.87 in eps (versus $0.73 a year ago) on $22.2 bl in revenue (versus $20 bl a year ago) for year-over-year growth … Continued
Best Buy looked shaky early today after reporting earnings this morning, but managed to trade higher today on 3(x) average volume despite the weak ending to the trading day. Toll Brothers (TOL) the high-end homebuilder whose average new home sells … Continued
When Best Buy reports earnings before the bell on Tuesday morning, there may not be a whole lot of folks interested in the report, given the stock is now trading under $20 per share, and is thought to have a … Continued
The headline is a somewhat of a play on something read over the weekend in one of the papers, where the infamous Yogi Berra quote of “Deja Vu all over again” was seen, since it sure feels like we are … Continued
Although the government bond market was dramatically different during the Great Depression (back then, I think the so-called government bonds were railroad bonds, and not US government issued debt), the fact is the yield on the 10-year Treasury equivalent is … Continued
Bespoke notes today that AAII bullish sentiment has fallen to 25% and in an earlier post they put out this week, Bespoke notes that the sentiment as well as the S&P 500 advance / decline reading is as oversold as … Continued
One of the large-cap tech stalwarts from the 1990’s reports tonight after the bell and if we used the phrase “how the mighty have fallen” it wouldn’t be too far afield in terms of accurately describing AMAT and how it has … Continued