Photo Credit: Scott Beale Rackspace Hosting, Inc. (RAX) Information Technology – Internet Software & Services | Reports February 16, After Market Closes Key Takeaways The Estimize consensus is calling for EPS of 0.24, 1 cent higher than Wall Street, and revenue expectations of $522.77 million, roughly $1 million above the Street Rackspace’s biggest threat is stiff competition at the top from Amazon, Google, and Microsoft Industry leader, Amazon, has remained aggressive on the pricing front, putting additional pressure on Backspace’s earnings What are you expecting for RAX? Get your estimate in here! Despite how fast cloud co...
Negative interest rates are becoming more and more in vogue and that could be good news for gold. Last week, Sweden’s central bank plunged a key interest rate even deeper into negative territory. Riksbanken slashed the rate from negative 0.35% to negative 0.50%. Many analysts anticipated the rate reduction, but the magnitude of the cut caught most by surprise. The Swedish central bank’s move followed on the heels of the Bank of Japan dropping a key interest rate to negative 0.1%. The Japanese bank indicated it was willing to go deeper into negative territory if necessary. Canadian officials are also talking about negative interest rates...
Having bounced 22% off Thursday’s lows, amid endless confidence-inspiring chatter (of buybacks, bailouts, bank CEO buys, and SWFs saving the day), Deutsche Bank closed lower on the day, tumbling over 6% from its opening highs as the reality of the credit markets continues to sink in. So, no, Deutsche Bank (and its $64 trilion derivatives book) is not “fixed” – far from it… You Are Here… ...
Draghi’s Hesitation In a Hearing at the European Parliament’s Economic and Monetary Affairs Committee, ECB president Mario Draghi said the “ECB will Not Hesitate to Act“. In December, Draghi disappointed the market by cutting interest rates to -0.3%. Economists say Draghi did not do enough to boost ECB asset purchases and/or he did not cut rates negative enough. Since December, Draghi has twice given speeches promising further action. However, talk is cheap. By not doing anything but instead yapping about it twice, Draghi has already hesitated. Draghi Speech Excerpts In order to make the euro area more resilient, contributions from a...
Green Days And Green Weeks Common During Downtrends If we were having dinner with a friend while the markets were closed, it would be easy to say, “yeah that makes sense” in response to the following statement: During a bullish trend, stocks do not go up every day. During a bearish trend, stocks do not go down every day. However, when the markets are open and a countertrend rally comes, it is very difficult to remember the common sense statements above, since emotions and egos like to take over. What Can We Learn From History? The table below shows the largest 40 daily gains in the S&P 500 during the dot-com bear market. It tells us b...
The Euro weakened on Mario Draghi speaking regarding Monetary policy for the European Union today. Gold saw some profit taking as a result with the boost to the U.S. Dollar. (Video length 00:11:46)...
There are a number of great companies in the market today. By using the ModernGraham Valuation Model, I’ve selected the ten most undervalued companies reviewed by ModernGraham. Each company has been determined to be suitable for the Enterprising Investor according to the ModernGraham approach. Defensive Investors are defined as investors who are not able or willing to do substantial research into individual investments, and therefore need to select only the companies that present the least amount of risk. Enterprising Investors, on the other hand, are able to do substantial research and can select companies that present a moderate (thou...
Japanese Prime Minister Shinzo Abe’s much vaunted program to boost the country’s economy seems to be treading troubled waters. The country’s latest GDP figures reveal that the world’s third largest economy contracted during the last quarter of 2015, a development which threatens to derail Abe’s program of economic stimulus. A soaring yuan and the impact of recent monetary stimulus measures, namely negative interest rates, on the economy are other factors which have investors worried. Q4 GDP Contracts The last three months of 2015 were not particularly encouraging for Japan. Latest figures show that GDP contracted by 1.4% during the ...
123rf LinkedIn stock has dropped almost 50% so far this month and it makes perfectly good sense given the LinkedIn (NYSE:LNKD) inflated valuation. However, if you think that such a drastic drop in LinkedIn stock justifies a buying opportunity, then take a close look at its valuation. Source: LinkedIn Stock Price by amigobulls.com For the trailing twelve months, LinkedIn operating margin was around -5%, which means 2015 is the company’s first net operating loss in a long time. But given the company’s strong growth rate, investors know that patience can often pay off in the long-term. However, LinkedIn’s topline growth is also ...
The best sector across ADRs is healthcare. The top regions are Sub-Saharan Africa, No. America, & Latin America. The average ADR score is 40 and that’s below the four week average score of 40.79, but above the eight week average score of 40.79. The average score is churning since making recent lows — a potentially bullish sign. The average ADR is trading -35.76% below its 52 week high, -11.83% below its 200 dma, has 3.40 days to cover held short, and is expected to grow its EPS by 10.44% in the coming year. The following chart shows the number of ADRs in our universe that are trading more than 5% below our 200 dma. Historicall...