Photo Credit: Charis Tsevis Key Takeaways The Estimize consensus calls for EPS of $0.69 and revenue of $5.385 billion, right in line with Wall Street’s estimates Facebook (FB) no longer relies solely on ad revenue and has now developed new sources of revenue stream, largely contributing to its booming growth. Facebook continually reports double the monthly active users (MAU) and daily active users (DAU) of its peers, Twitter (TWTR) and Linkedin (LNKD). What are you expecting for FB? Get your estimate in here! FB data by YCharts The social media darling, Facebook (FB), is poised to close an impressive 2015 when it reports fourth quar...
The worst yearly start for U.S. stocks ever – even worse than scary years like 1929, 1987, 1974, 2000, and 2008 – should get your attention. If you’ve been hiding underneath a rock or hibernating in a cave-like dwelling, it’s time to come out. “A little sunlight is the best disinfectant,” as Judge Brandeis might say. Most global stock yardsticks from China to Japan and even the United Kingdom have crashed 20% or more. Thankfully, the Dow Industrials, Nasdaq Composite, and S&P 500 are not yet in a bear market. That’s the good news. The bad news is since the average investor (both amateur and prof...
I joined CNBC’s Martin Soong to chat about McDonald’s (MCD) earnings. All in all, things are looking up for Mickey D’s. The turnaround seems to be getting traction, and same-store sales are up sharply. It’s been a long time since we could say that. Where does McDonald’s stock go from here? After the big move, the easy money has been made. But I expect McDonald’s to at least perform as well as the broader market....
More landmines than goldmines – that has been our view about equity markets, as well as other economic or geopolitical repercussions, for a long time. And so we’ll begin with a chat that’s primarily about Apple (AAPL) and how it’s impacting the markets. As does the return of buybacks from WellsFargo (WFC) they were allowed is curious in itself); and a mediocre report (I’d say a slight miss) from AT&T (T). Also I’d like to point-out a couple geopolitical issues which are largely ignored as risks to the markets (including currencies). One is the expansion of ISIS beyond the Middle East, to Afghanistan (...
AmeriQuest Incorporated (Nasdaq: AMQ) expects to raise $63.6 million in its upcoming IPO. Based in Cherry Hill, New Jersey, AMQ is a company that provides technology-based solutions for B2B financial processes such as procurement, accounts payable, accounts receivable and asset management. AMQ will offer 6.15 shares at an expected price range of $11 to $13. AMQ filed for the IPO on November 9, 2015. Lead Underwriters: Raymond James & Associates and Stephen Inc. Underwriters: Robert W. Baird Inc. and William Blair Inc. Business Summary: Provider of Solutions for Business-to-Business Financial Processes AmeriQuest provides technology-ba...
A short history of paper money – It Fails! Suppose you had a printing press in your basement along with a supply of perfect paper. You could slip down to your basement and print a batch of perfect $100 notes or 500 euro notes, but only in an emergency. I predict that you would find many emergencies. Suppose the government or central bank had access to that printing press (they do) and suppose they printed (and borrowed) ONLY in circumstances of economic need, political promises, war, necessary deficits, Presidential junkets, Wall Street bailouts, economic stimulus, vote buying, “emergencies,” and “special circumstances.” S...
During the day on Wednesday, we have several announcements coming out during the course of the day, including the FOMC Statement, the Crude Oil Inventories number, and of course an interest rate announcement coming out of New Zealand. Ultimately, we feel that the market will continue to be very volatile and as a result we could find yourselves in several different trades. French market falls, then find buyers The CAC initially fell during the course of the day, reaching towards the 4200 level. The 4200 level was supportive enough to turn things back around and form a bit of a hammer. If we can break above the 4400 level, this market should co...
Hawaiian Holdings (HA – Snapshot Report) just released their fourth quarter fiscal 2015 earnings results, posting earnings of $0.85 and revenue of $574 million. Currently, HA has a Zacks Rank #1 (Strong Buy), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below. Hawaiian Holdings: 1. Met earnings estimates. The company posted $0.85, meeting our Zacks Consensus Estimate of $0.85. This number excludes $0.19 from nonrecurring items. 2. Beat revenue estimates. The company saw reven...
If you have little to no exposure to the biotech sector right now, you are making a big mistake. With some of the best valuations and growth prospects in the entire stock market, your portfolio will perform much better with exposure to any one of the four stocks Bret Jensen is recommending today. “People who make no mistakes lack boldness and the spirit of adventure. They are the brakes on the wheels of progress.” – Dale Turner The markets had a nice little rally on Friday, but January is still heading towards being the worst performing month for investors since February 2009; the tail end of the financial crisis. We are starting to ...
Over 200,000 ounces of gold bullion were withdrawn from the registered (deliverable) category in the Comex licensed warehouses at the least. That takes the new total down to a little under 74,000 ounces of actual physical bullion registered for delivery at these prices. I will check later but I do believe this is a new low for this century. Since January is pretty much a non-delivery month for an increasingly non-delivering exchange, it may not mean all that much, but it is interesting to watch for all the reasons we have discussed previously. And it is a fairly recent phenomenon with no other good explanation that those holding their gold at...