“This time is different” Looking back over the last 30 years, I can proclaim that this time is different. Government and central bank intervention is at its highest. The market moves based on statements and actions by Yellen and the other CBs and not based on fundamentals. An irrational market is not something new but such manipulation is. Every time one of the “gods” … [Read more...]
Are Wix’s Goals Out Of Reach?
Summary It could take a long time for Wix to grow into its current high valuation. Wix needs to constantly spend on new features and services in order to keep up with the competition. Wix is an expensive stock with a product that is not superior to the competition. Based on my personal experience I have found Wordpress to be a better platform. In this article I … [Read more...]
Newsletter – April 2016
After 10 consecutive weeks of higher lows, the S&P final broke its previous week low. Bulls will say it’s taking a rest, but to me it looks like its fundamentally run out of juice. The blended earnings decline for Q1 is -7.6% according to FactSet, with the next three quarters estimated at -1%, +1.6% and +7.5%. A big bet currently on Q4 and we will most likely see that … [Read more...]
Jim Dalton’s Intensive Course
For the students of Market Profile, Jim Dalton is no stranger. He is the man who took the initial teachings of Pete Steidlmayer and not only made them his own but took them to a whole different level. Dalton actually sponsored Steidlmayer's first book. Those unfamiliar with Market Profile can read an article by Jim Dalton, the free handbook from the CME, or watch a short … [Read more...]
Warren Buffett
Warren Buffett is one of the richest men in the world and considered one of the greatest investors of all time. A student of Benjamin Graham, he has evolved his approach over time and has maintained a track record that is the envy of almost all portfolio managers. … [Read more...]
Applied Equity Analysis and Portfolio Management
Professor Weigand's Applied Equity Analysis and Portfolio Management truly does a service to investors with this excellent book. He gets straight to the point in each chapter without the filler most other books have. The reader can easily follow along by downloaded the free spreadsheets from Wiley's website and can also watch over 7 hours of videos. There are videos and … [Read more...]
Newsletter – March 2016
Are the bears ready to surrender? One month bounce does not make a bull market. Let’s keep it simple. The market has gone nowhere for the past 1.5 years and essentially has been trading in a range from October 2014 until today. Earning season is beginning and it is estimated that earnings will drop for the fourth quarter in a row! Even if we exclude energy, earnings are … [Read more...]
