From non-GAAP accounting to costly acquisitions, it is not difficult for a company to create the illusion of profits. However, eventually reality sets in and the deterioration of a business comes to light. This week’s Danger Zone pick, Textron Inc.
November 23, 2015
Modest losses on the day, but bears were unable to press declines. Volume was down considerably, which given the week that’s in it is not surprising. The Nasdaq finished with a ‘sell’ trigger in On-Balance-Volume. The S&P closed with a
There were no deliveries in precious metals at The Bucket Shop on Friday. What a surprise. There was a little movement in the warehouses. There will be a precious metals option expiration on the Comex tomorrow. We will be shifting
Their cutting-edge drug portfolios and profitable relationships with industry heavyweights make these two rapidly advancing biotech companies prime takeover targets. 2015 will go down as a record year for M&A activity by dollar volume when the all is said and
On October 30, a very angry Ralph Nader wrote Janet Yellen an open letter on behalf of “Savers of America”, asking her to imagine “what we, the savers, have to endure because of plutocratic, crony capitalism for which the Federal Reserve has long
Equity markets around the world opened the week in a subdued mode. For example, the Shanghai Composite fell 0.56% and the Euro STOXX 50 slipped 0.21%. The S&P 500 showed some indecision at the open and then rallied to its
I once went to a Berkshire Hathaway annual meeting. I met a guy who told me how in 1976 he bought 200 shares. “After a year the stock had doubled so I decided to take some profits off the table.
Precious metals bulls question why metals prices keep falling in the face of what appears to be strong demand and great fundamental reasons for prices to move higher instead. The bears have some answers of course. You can’t eat gold,
Stocks had a hard go of it today, but managed to hold the level on their latest bubble up to near highs. Economic news was limping in this morning with existing home sales missing estimates. Stock market volume fell 14%
(Photo Credit: Michael Verhoef) Monday, November 23 Tuesday, November 24 Palo Alto Networks, Inc. (PANW) Information Technology – Communications Equipment | Reports November 23, after the close. The Estimize consensus calls for EPS of $0.33, only a penny higher than the
