Market cycles are synonymous with asset rotations. During rotations, Money flows from one asset to another as we see a previously out of favor sector become in favor and in favor sectors become out of favor. I think today’s action in the market put an explanation mark on a rotation into gold miners that . . .
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Last Tuesday, March 12, Costco (COST) announced their Q2 FY2013 earnings. They came in at $1.10 per share, topping consensus estimates of $1.06. This was not a huge upside surprise but it was in keeping with COST’s recent pattern of behavior: simply beating estimates. COST has reported consistent sales . . .
Bank of America has emerged as a strong investment choice following the devastating 2008 financial crisis. Most recently, it reported that it is positioned well enough to sustain any similar financial crisis by passing the Federal Reserve’s stress test.
Regarding the importance of the tests, the Federal . . .
The market is doing very well Monday and Tuesday of this week but if I look back over the last month or two sector-rotation is telling a slightly different story. Industry groups tend to rotate in and out of favor with investors as the business cycle changes. In the early stages of a rally, technology, . . .
Back on January 17th Capital One Financial (COF) missed the consensus estimate from their Q4 earnings report and lowered their revenue guidance for FY 2013. Consequently, the stock has shed 18% thus far. As the market oscillates near its historic highs, this does not at first blush seem to make for a . . .
AOL (NYSE: AOL) pulled off quite a feat last quarter, reporting that its revenue grew for the first time in eight years in the fourth quarter of 2012. While that is impressive, I remain concerned about the financial pressures the company will continue to endure due to its still unprofitable venture called . . .