Airlines are benefitting from lower oil prices, with WTIC oil prices down about 7% during the month of February. (more…)
Priceline – Growth at a reasonable price
Priceline reported an earnings beat on 2/27, but investors have reacted to the news in a tepid manner. Shares opened at 710, but sold off the rest of the day, and as of today, 2/28, PCLN has already given up all of the gains from the earnings news, hovering at $681, close to the closing price the day before earnings were released of $679. (more…)
Priceline calls
Get in the trade before earning and get out one date before earning
AMZN – Figuring Out Success in the Mobile-Driven Slow Growth Economy
by Ren Richardson, Learning Markets analyst
Amazon (AMZN) is trading at 99x earnings. On its face, this is jaw-dropping, even with the markets back to within 8% of their 2007 highs. Adding to the perplexity is the fact that consensus estimates for the third quarter have dropped to a loss of -$0.08, down from $0.13 several weeks ago. (AMZN reports on Thur, Oct. 25.) This would be AMZN’s first quarterly loss in over ten years. (more…)
Long Stratasys – buying the dip
Stratasys is a stock that has been getting pummeled for the last month or so. I actually posted a bearish trade idea on Learning Markets about SSYS, which was well timed, though poorly executed on my part, having chosen to close the idea too soon. (more…)
Betting on volatility with VIX calls (VXX)
OK I know that most of the VIX derivative ETFs are controversial and I think many of them are almost entirely traded by novices who don’t understand how futures work. However, I have enough hubris to believe that I understand it enough to amke a rational bet. (more…)
Long Home Builders (TOL)
TOL Reports earnings next week and has been stuck in a channel for over a month. The fact that TOL has not rallied while the market has been drifting higher is a bit of a concern but when I saw the NAHB sentiment survey this morning I started to think this is undervalued. (more…)
Take Your Portfolio to Dinner and a Movie – Lions Gate (LGF)
Lions Gate Films (LGF) reported earnings last week with two very big surprises: first, revenue was up over 80% year over year, but second, net earnings swung to a loss and missed expectations by $.42 per share. That is a big miss for a firm with a $14 stock price. The source of the surprisingly high revenue and worse than expected profits was the same: increased marketing and promotions in an attempt to boost second-half performance in 2012. (more…)
Take a Bite Out of Whole Foods Market
Note: This is a post from our weekly stock selection email published by InvestorPlace Media. If you like it – you can sign up for email alerts like this each week. We will also be publishing them on our site here. (more…)
Going Long the Japanese Yen – FXY
For a while I thought the Bank of Japan might intervene more heavily and try to drive the yen down while they had some momentum to do so. However, I think the window of opportunity has passed and if anything gets sketchy tonight with the Chinese economic announcements and such we are likely to see a good pop in the value of the yen. (more…)