"The Golden Age of Momentum," was the way one guy on Twitter responded to something I posted about Netflix. And what I posted was something I hadn't ever seen: A CEO and CFO being blunt and candid about the momentum propelling their company's stock
When The Global-X Social Media ETF first rolled out in 2011, I was among the very first to mock it, but the fund proves that there are exceptions to every rule. Beyond the historic top-ticking of sector funds, there was reason to be leery and (for skeptics) even embolden: For more than a year the social media fund looked like a loser.
The company's earnings miss follows months of questions about the oversell of its robotic surgery system.
Once, all investors cared about was that IBM beat earnings. But for the past 5 years, IBM's revenues have barely budged. Now, after quarters of pretending not to notice, investors are paying closer attention.
People always want to believe there is a relationship between mattresses and housing. But if there is a relationship, it's merely coincidental and any further extrapolation spotlights a flaw in ETFs.
The risk of dividends, especially those with high yields, is that they can be cut. And sometimes cut more than once. But the risk of cuts should never be minimized, especially of the highest-yielding companies and/or those who use most, if not all, of their cash flow to make the quarterly payment.
From the looks of this pro-bulls market, you might think Bill Fleckenstein needs to have his head examined for announcing plans to restart his short-selling fund. As it turns out, he's one of several ex-short-sellers I've talked to in recent weeks who have said they think the time is right to return.
The deal looks great for Men's Wearhouse, but Bank may be trying to patch over its holes. When a company's business appears to be falling faster than its larger competitor, it usually screams: Desperation.
Potbelly's big IPO is a reminder of how appetizing restaurant stocks can be. They're easy to understand, at least on the surface, and they always make great stories. Great stories always push stocks -- especially in THIS market.
Its name may not ring a bell, but in the deep-in-the-weeds backwaters of the deeply-arcane, acronym-riddled world of telecommunications, Neustar has been a standout. But there's a hitch: For the first time since Neustar started managing the database in 1997, the portability contract, as it's called, is up for grabs.