So far this summer, I have been asked by at least three individual investors what do with their General Electric (GE) stock. Often, they inherited the stock from a relative. My response is always the same: 1) it might have a dead cat bounce in it, 2) the institutional holdings in GE is so large […]
The front part of earnings season, despite strong results, was met with a technology correction. You can pin the tail on the social media donkeys Facebook (FB) and Twitter (TWTR). That correction while swift, was shallow and bottomed out on Monday. Unfortunately, it put a dent into a strong month of July for the stock […]
This week is the heart of 2nd quarter earnings season. Roughly 16% of the companies in the Standard & Poor’s 500 (SPX) will report their results this week. Here is a taste of what’s on the menu for the week: Monday – Alphabet (GOOGL) Tuesday – AT&T (T), Verizon (VZ), 3M (MMM) Wednesday – Boeing […]
Other than some media appearance announcements, my apologies for not publishing My Gut Feeling for nearly four weeks. There are two very good reasons. First, I took a working vacation to Seattle, Alaska and Canada. I had a great opportunity to do some boots on the ground research into one of our larger and long-term […]
Don’t worry I have not disappeared, I just took some time off from writing. There were simply too many other activities to occupy my time after hours, such as: my appearance on CNBC (there is a problem with the link to the video, but once available I will pass on to all of you); talking […]
While earnings season is not over, it hit its apex Tuesday when Apple reported quarterly results. The stock has been in retreat since mid-March on fears that the company would suffer from a decline in iPhone sales. Well, as it turns out, despite some mild disappointment in iPhone sales, versus consensus estimates, the company managed […]
I needed a little time off from writing. What I really needed was some rest from tax season. Then we entertained some friends from out of town for a few days. However, I was in front of my screen and in fact, had the opportunity to appear twice on television, since last publishing. On April […]
After a tumultuous first quarter, one would have expected a somewhat subdued second quarter. As we learned just after a week of trading in April, you can throw that expectation out the window. We must get accustomed to a higher level of realized market volatility. One word of advice – don’t take your investment cues […]
Since I last published my commentary, the equity markets in the US have experienced three late day, for the most part, last hour plunges. On the other trading day, Monday, the markets rallied steadily from the opening bell. All told, since the beginning of last week, the Standard & Poor’s 500 (SPX) has declined nearly […]
Several years ago, Chipotle Mexican Grill (CMG) was the darling of Wall Street. The company could do no wrong and the stock was priced at extraordinarily high multiples as growth remained unabated. Then the company ran into a series of food health issues from which the company never recovered. Neither did the stock. The reason […]
