• Home
  • Meet Scott
  • My Gut Feeling
  • In The Media
    • Financial Expert Scott Rothbort On TV
    • On The Radio
    • Facebook Feed / Upcoming Media Appearances
    • Stock Trading Commentary On Scutify
  • Private Wealth Management
    • Scottrade Adviser
    • Investment Strategies
    • Integrated Wealth Management
    • Financial Retirement Planning
    • Selling Of Business
    • College Savings Accounts
    • Expert Witness & Testimony
  • Contact
  • Home/
  • Automotive Industry/
  • My Gut Feeling For Today, January 23, 2014: Microsoft’s Windows 8 Disaster

My Gut Feeling For Today, January 23, 2014: Microsoft’s Windows 8 Disaster

January 23, 2014 / scott / Automotive Industry, China Economy & Market, Retail & Consumer, Technology / No Comments

What I considered to be the 6th day of the elongated holiday weekend was about as exciting as watching snow melt, which I can assure you was not occurring around here. The Standard & Poor’s 500 (SPX) traded in a six point range or about 1/3%. Historically, the average daily range is close to 1.5%  As I promised, I cut back on exposure to discretionary retail yesterday. Five Below (FIVE) which appears to be in the paws of the bears was removed from our portfolios.

The M&Ms report earnings today – McDonald’s (MCD) in the morning and Microsoft (MSFT) after the market close. Expectations are low for MCD as the company continues to struggle. After holding the stock, quite successfully for a decade, I have MCD on my marked for sale list, as I wrote in an article for Marketwatch last month. If management continues to march to its old tune, which will be quite evident in today’s report, then, sentiment and nostalgia aside, I will use the stock as a source of cash.

Microsoft is not a stock I own but if you do, you should mark it for sale as well. The company has no management succession plan and there are not many takers for the CEO role. Windows 8 is such a disaster that in the last few days Hewlett-Packard (HPQ) announced that the computer manufacturer is bringing back Windows 7. This would be like Chevrolet dealers asking General Motors (GM) to bring back the 1964 Impala instead of the 2014 model. Come to think of it, I would not mind a good old 1964 Chevy Impala compared to the 2014 version. Recently, Seton Hall reimaged my computer to Windows 8. I reacted like any other self-respecting trader would do and said to get the $%&#! Windows 8 off my computer.  As self-respecting technology people do, they told us traders, “don’t worry, you will get used to it.” Well after about a month the university, without my urging put Windows 7 back on the computers. Enough said for Microsoft.

After the market closed yesterday; Buffalo Wild Wings (BWLD) spiked up close to 9 points in after-hours trading. There was no news to drive the stock higher. Then a little while later, that trade disappeared. It must have been an errant trade that was subsequently cancelled.

Weekly claims and existing home data will be released in the morning. However, I do not think that anything will spook or spark the market. Overnight manufacturing data from China which was on the soft side may create some softness at the open. However, I expect that the markets will continue on the treadmill it has been stuck on since Christmas for a little while longer.

__________________________________________________________________________________

Disclosure: At the time of this commentary Scott Rothbort, his family and/or clients of LakeView AssetManagement, LLC was long BWLD and MCD — although positions can change at any time.

LakeView Asset Management, LLC is a registered investment advisor specializing in high net worth private wealth management. For more information on investing with LakeView Asset Management, LLC call us at 888-9LAKEVIEW or request more information by clicking on the contact button on the top right hand corner of the website                                                                                      

Scott Rothbort is also the publisher of the LakeView Restaurant & Food Chain Report, a newsletter focusing in on food, restaurant and agricultural stocks. A subscription is included with a paid Platinum Membership to Wall Street All-Stars or an individual subscription to the newsletter which can be ordered at www.restaurantstox.com  

Read Scott’s intra-day thoughts and comments on Scutify 

You can email Scott at scott.rothbort.lakeview@gmail.com

Share this with a friend!
Buffalo Wild Wings (BWLD), Five Below (FIVE), General Motors (GM), McDonalds (MCD), Microsoft (MSFT), S&P 500 (SPX)

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Sample of My Gut Feeling on Bloomberg Radio

Financial Podcast With Scott Rothbort

Listen to more radio broadcasts

Search My Gut Feeling

My Gut Feeling Archives

March 2021
S M T W T F S
« Feb    
 123456
78910111213
14151617181920
21222324252627
28293031  

LakeView Restaurant and Food Chain Report

restaurant stock report
  • Listen to Scott On The Radio
  • Scott’s Facebook Feed
  • Watch Scott’s TV Appearances

Contact Us

  • (888)-9LAKEVIEW
  • (702) 749-9343 or (973) 564-8139
  • investlakeview@gmail.com
  • scott.rothbort.lakeview@gmail.com
  • Contact Us
    • Facebook
    • Twitter
    • Linkedin

Signup For “My Gut Feeling”

Latest From Scott

  • My Gut Feeling For Today, March 1, 2021: Fear Not Rates
  • My Gut Feeling For Today, February 11, 2021: Short Selling, Gamestop and Robinhood – Part 2
  • My Gut Feeling For Today, January 31, 2021: Short Selling, Gamestop and Robinhood – Part 1
  • My Gut Feeling For 2021
  • My Gut Feeling For 2020 – A Look Back
(c) 2013 - 2017 LakeView Asset Management, LLC. all rights reserved, 526 Carnforth Drive, Henderson, NV 89014 | Toll Free: (888) 9-LAKEVIEW I Website Disclosure