This post was just published on ZYX Buy Change Alert. WMT is plunging as it lowers FY17 earnings by 6 – 12%. Increased wages are about 75% of the reason behind reduced earnings. It appears that the success of AMZN is behind the remaining earnings reduction. The stock is very volatile and
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) CHINESE SELL GOLD AGAIN, SILVER FINALLY CRACKS, AUSSIE DOLLAR AND COPPER AT SIX YEAR LOW July 24, 2015 Last night Chinese sold gold aggressively.
This post was just published on ZYX Buy Change Alert. BABA is long from $68 and 170% of the full core position size is held. After the company reported earnings, bulls were enthused about the number of users, revenues, and earnings. However, a deeper look shows that non-GAAP gross margins went
Game Stop is a retailer with about 6,600 stores, mostly selling physical video games. Shrink-wrapped video games are becoming obsolete; it is only a matter of time before consumers stop buying them. So why buy the stock? Looking at Game Stop GME the stock has run up 25%, as show
On March 5, drone insanity gripped investors. They ran up the stock of drone maker AeroVironment by $6.71, or 21.33%, after the company reported earnings the day before slightly ahead of expectations. Ill-informed investors with stars in their eyes jumped on the chance of making money from commercial drones as
Starry-eyed investors in Zulily may lose their shirts if Amazon becomes more aggressive in the daily-deal business; considering Zulily’s success, Amazon moving in to crush Zulily is a highly likely event. The chart illustrates the insanity that has set in Zulily ZU stock. Please click here for an annotated chart. On
Microsoft MSFT has reportedly cut the price of Windows 8.1 by 70% for tablets and low cost computers. Original equipment manufacturers will now pay only a $15 license for Windows 8.1 if they install it on devices that sell at retail for under $250, this compares to the previous license cost of
On Wednesday after the close, eBay disclosed that Carl Icahn has proposed a spin-off of PayPal from eBay. The initial reaction of the stock market was euphoric, with eBay stock jumping to $61.30 in after-hours trading from its closing price of $54.41. Not so fast, even though in my view Icahn is
Earnings season is in full swing, providing new data points for investors to reassess positions. After a careful review of IBM‘s latest report Tuesday afternoon, I see no reason to buy the stock at current prices. The risk-reward trade off is simply not favorable. IBM reported Q4 earnings per share of
Both Sony and Microsoft MSFT have announced new gaming consoles; Xbox One from Microsoft and PS4 from Sony. Gamers have been complaining about two new requirements that Microsoft imposed on Xbox One. First Microsoft required at least once a day Internet connection and second, it restricted the reselling of used games. Microsoft was playing a