Anadarko is a coiled cobra ready to strike upward
My favorite technical indicator is a tool that I have modified to show Wilder's Relative Strength (RSI) divergence. It's a great way of spotting short term trend changes up or down. Anadarko (APC)…
Bite from the Apple, my thought on the earnings
Apple is our largest position so I thought you might want to hear my thoughts on the Apple's earnings call. I'm not going to reiterate any facts and figures; there is plenty out there. Here's my…
Some thoughts on Friday's market rout
First of all it wasn't a rout. It was barely a 2% sell-off. It's just that at these lofty numbers, the Dow drop of 318 points sounds bigger than it really is. You'll hear explanations from too…
Carl C. Icahn Issues Open Letter To Apple Shareholders -- NEW YORK, Jan. 23, 2014 /PRNewswire/ --
You really have to read this or at least skim it. Apple is our largest position too. Icahn ratcheted up the heat on Ebay yesterday and he's back tweeting and bemoaning how undervalued Apple is today.…
We are due for a down month, there hasn't been one for 7 months now and only 2 since November 2011
There hasn't been a down month in the S&P for 7 months now and only 2 down months since November 2011. We are more than due. f I'd even lay odds that its is January as we are down .05% now. From…
The lack of insider buying is notable and lamentable for the long only investor.
This chart from Barron's doesnt' paint a bullish picture in my opinion. Only one buy and the rest are sells. Does make you stop and wonder. The lack of insider buying is notable and lamentable for…
Why Oil Tycoon Rich Kinder Feels Undervalued - Corporate Intelligence - WSJ
One of the more colorful quarterly earnings calls this season. Its refreshing to find someone who is buying their stock when all of the Googles, Linkedin, Yelps, Facebooks, etc of the world can't…
Where Are the U.S.’s Millionaires? - Real Time Economics - WSJ
By ERIC MORATH CONNECT The state making the fastest climb up the millionaire rankings doesn’t have a single Tiffany or Saks Fifth Avenue store. The closest BMW dealership is a six-hour drive…
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