Monday Morning Coffee & Preview - Earnings Upside Continues (IBM, CAT, LVS)
The weak dollar trade is back on today, as the USD is down against most major currencies. This has pushed gold, copper, and other hard commodities up to or near their highest levels of the month. Days like this are generally good for the Secular Trends Portfolio, and in early morning trade the model has [...]
Earnings Season Update - Capitalism Rears Its Bruised, Pretty Head (GS, JPM, INTC, UFPI)
I have to say that I’m pleasantly surprised by many of the results we’re seeing in week 2 of this vital earnings season. So far 67% of the 43 companies in the S&P 500 that have reported have beaten estimates.
As I have been spending some time collating earnings results to get a feel for the [...]
The Week Ahead, July 13th Edition; Thoughts, Rants, & Expectations (GS)
While earnings season is officially underway, investors have been bypassing the earnings appetizers and awaiting the main course, which begins serving this week.
Alcoa is the standard torch-bearer, but it’s not a bellwether for much more than aluminum prices these days. (you can read my earlier notes on Alcoa at the end of this post on [...]
Additions to Secular Trends Portfolio - Check Point Software, IBM Stake Increased (CHKP, IBM)
Following the recent sales of Pfizer (PFE), Schering (SGP), and Freeport (FCX) in the Secular Trends Portfolio (the links will take you to my coverage of all 3), the cash position in the Secular Trends Model has shot up to 15%. This is far too high for an all-equity model, and I’ve been openly adamant [...]
Micron Technology - Earnings Report and Investing Thesis (MU)
This post is a follow up on my earlier promise to provide a thesis for adding a small Micron position to the Secular Trends Portfolio. With Fiscal Q3 earnings out today as well, I’ll also prep for that and give a modest report after hearing the conference call.
Many readers have been wondering, quite bluntly, “Why [...]
NVIDIA Standing Tall in Semiconductor Purgatory (NVDA)
There’s been no shortage of news and activity surrounding NVDA lately. On one hand, the graphics chipmaker has been getting some love in the form of CNBC plugs and the occasional “hey check these guys out” mention. The increased name-dropping is warranted considering that shares have staged a rather sustained (by today’s terms) and impressive [...]
FedEx, Texas Instruments - Two Warnings, Two Very Different Results (FDX, TXN)
It’s just been raining guidance the past few days. Some companies are dropping it altogether, a few are reaffirming prior cuts, and many more are taking an axe to Q4 and 2009 estimates.
Two particularly noteworthy guidance changes came out after the bell Monday, as FedEx (FDX) and Texas Instruments (TXN) both set new (read: tentative) [...]
-
-
-
Investopedia Commentary- Where Third Avenue Sees Value (BAM, GGP, SPG, ESV, NBR)
- America's Biggest Companies Look Reasonably Priced (XOM, MSFT, QQQQ, AIG, BAC)
- Sandridge Energy Shifts Towards Oil (SD, OXY)
- Stong Dividends Worth A Look (AINV, STD, FNF, NYB, PBCT, NLY, CIM, EQR, HRP, MFA)
- The Bear Market Bottom - One Year Later (SMRT, FITB, DNDN, LVS)
About
Pragmatic commentary on U.S. & global investing, demographics & secular trends, and the valuation of anything worth valuing. Objective, unbiased research; We believe in minimal design, zero gimmicks, and maximum results.
Subscribe to feed
Search
Secular Trends Holdings
- Secular Trends Portfolio Real-Time Positions
- The Fuel That Fed the Subprime Meltdown (Written in September 2007)
- Performance Studies on the DJIA & Fundamental Value Stocks (11/22/08)
- Las Vegas Sands - Are They Sustainable in 2009? (Published 11/15/08)
Older Posts That Folks Seem to Like
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 2.0 Generic License.