(FB) After conducting checks, BMO Capital reports that many advertisers appear to be reducing the amount of money they're spending on Facebook ads. The firm reduced its estimates for Facebook and maintains an Underperform rating on the stock.
Trades at a $18.70 new ALL TIME LOW pre market thru the $18.75 level
Thanks for checking - Feel free to contact me regarding trading services, education and access to my daily guest appearance broadcast. Tim@affinitytrading.com
***DISCLOSURE: SHORT TEENBOOK FROM PRE MARKET LEVELS
This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by Legend Trading or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.
Friday, August 31, 2012
Thursday, August 30, 2012
(P) Pandora: Trending Nicely in the Pre-Market
(P): Pandora Media --- Sun Trust Rbsn Humphrey Upgraded to BUY(from Neutral)
(P) Pandora Media upgraded to Buy from Hold at Canaccord Genuity
(P) Pandora Media beats by $0.04, reports revs in-line; guides Q3 EPS in-line, revs above consensus; guides FY13 EPS above consensus, revs above consensus
As mentioned earlier Canaccord Genuity upgraded P to Buy from Hold and raised their tgt to $16 from $13 following earnings and based on improving visibility to their now- higher baseline forecast, and on potential upside stemming from higher mobile monetization and possibly from moderating content costs.
for checking - Feel free to contact me regarding trading services, education and access to my daily guest appearance broadcast. Tim@affinitytrading.com
***DISCLOSURE: No Relevant Positions
This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by Legend Trading or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.
Sunday, August 26, 2012
Samsung Slammed Down 6% on Asia Open (AAPL) up $11 in Friday's Post Market Following Headline
(AAPL) Up $11 to $675 in late post market trading Friday at 7pm
WSJ: Samsung Electronics Shares Open Down 6.8% After U.S. Verdict in Patent Case Vs Apple - BIGGEST tumple in 4 years.
(AAPL) Apple Inc.: WSJ: Jury Awards $1.05B in Damages in Samsung Patent Case
SAN JOSE, Calif.--A federal court jury delivered a big win to Apple Inc. (AAPL), finding that Samsung Electronics Co. (SSNHY, 005930.SE) infringed six Apple patents and awarding $1.05 billion in damages in a closely watched case over mobile devices. The award from the nine-member jury is shy of Apple's request for more than $ 2.5 billion, but much larger than Samsung's estimates and still ranking among the largest intellectual-property awards on record.
(WY) Barron's(8/27) A Fine Time For Timber
Money doesn't grow on trees, but a recovery in America's depressed housing market could produce lots of it for timber giant Weyerhaeuser. Suddenly, signs of a nascent pickup in housing are everywhere, from rising
building permits and housing starts to improved sentiment among builders. Add higher lumber prices to the list, along with a powerful liftoff in the shares of home builders such as Toll Brothers (ticker: TOL) and PulteGroup (PHM).
Weyerhaeuser's stock (WY) has been no slouch, either. It shot up 50% in the past year, to a 52-week high of $24.62, and the rally could be in the early innings. The shares, which topped $85 in 2007, look rich at 29 times next year's expected earnings of 85 cents a share, but the P/E ratio is misleading, as it is based on trough earnings.
Thanks for checking - Feel free to contact me regarding trading services, education and access to my daily guest appearance broadcast. Tim@affinitytrading.com
***DISCLOSURE: No Relevant Positions
This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by Legend Trading or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.
Friday, August 24, 2012
(LLY) Eli Lilly is closer to curing ALZHEIMER'S
(LLY) Lilly Alzheimer Drug Misses Goals; Secondary Analysis Shows Promise Aug 24 at 07:30
(LLY) Eli Lilly and Company Announces Top-Line Results on Solanezumab Phase 3 Clinical Trials in Patients with Alzheimer's Disease
(LLY) Eli Lilly & Co.'s Solanezumab Phase 3 Clinical Trials for Alzheimer's Disease Fail to Meet Primary Endpoints Aug 24 at 07:18
***DISCLOSURE: Long (LLY) From pre market levels $44.50 Easily cleared the 45 level, at 2008 highs
Thanks for checking - Feel free to contact me regarding trading services, education and access to my daily guest appearance broadcast. Tim@affinitytrading.com
This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by Legend Trading or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.
(LLY) Eli Lilly and Company Announces Top-Line Results on Solanezumab Phase 3 Clinical Trials in Patients with Alzheimer's Disease
(LLY) Eli Lilly & Co.'s Solanezumab Phase 3 Clinical Trials for Alzheimer's Disease Fail to Meet Primary Endpoints Aug 24 at 07:18
***DISCLOSURE: Long (LLY) From pre market levels $44.50 Easily cleared the 45 level, at 2008 highs
Thanks for checking - Feel free to contact me regarding trading services, education and access to my daily guest appearance broadcast. Tim@affinitytrading.com
This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by Legend Trading or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.
Thursday, August 23, 2012
(HPQ) Train-wreck Quarter - down 4.5% to 1996 levels - Large Downgrades
(HPQ) Hewlett-Packard price target lowered to $15 from $20 at Deutsche Bank
(HPQ) Hewlett-Packard price target lowered to $25 from $30 at Credit Suisse
(HPQ) WSJ - H-P, Dell Struggle on PC Sales - Hewlett-Packard reported the worst-ever loss in its 73-year history, as a 5% revenue decline was compounded by $9.2 billion in
(HPQ) Hewlett-Packard to drop 11,500 total employees by October, Business Insider says
Thanks for checking - Feel free to contact me regarding trading services, education and access to my daily guest appearance broadcast. Tim@affinitytrading.com
***DISCLOSURE: Short (HPQ) from pre market levels - Resitance at $18.45-$18.50
This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by Legend Trading or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.
(HPQ) Hewlett-Packard price target lowered to $25 from $30 at Credit Suisse
(HPQ) WSJ - H-P, Dell Struggle on PC Sales - Hewlett-Packard reported the worst-ever loss in its 73-year history, as a 5% revenue decline was compounded by $9.2 billion in
(HPQ) Hewlett-Packard to drop 11,500 total employees by October, Business Insider says
Thanks for checking - Feel free to contact me regarding trading services, education and access to my daily guest appearance broadcast. Tim@affinitytrading.com
***DISCLOSURE: Short (HPQ) from pre market levels - Resitance at $18.45-$18.50
This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by Legend Trading or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.
Monday, August 20, 2012
(FB) Filling The Pre Market Gap - (GRPN) WSJ cover story
Filling after an upgrade - Contra Trade - Upgrades cannot hold up Facebook
Facebook --- Capstone Investments Upgraded to BUY (from Hold)- Price Target: 26
Aug 20 at 08:26
Capstone Investments upgrades FB to Buy from Hold and sets target price at
$26 saying they believe that the FB shares' 16X '13E EV/EBITDA multiple
provides investors with upside to the Company's core business and potential
returns from new businesses the stock price currently does not give the Company
credit for.
(GRPN) Groupon
Headline Story on the WSJ home page WSJ(8/20) Groupon Investors Give Up Aug 19 at 00:00
Some of the early backers of Groupon Inc., including Silicon Valley
veteran Marc Andreessen, are heading for the exits, joining investors who have
lost faith in companies that had been expected to drive a new Internet boom.
At least four Groupon investors who held stock in the daily-deals company
before it went public have sold or significantly pared back their holdings in
recent months. Since its initial public offering in November, Groupon has shed
more than three-quarters of its stock-market value, or about $10 billion.
Groupon's plunging stock price, and the swooning shares of Facebook Inc.
and Zynga Inc., have rekindled memories of the dot-com bust in 2000. Unlike many
dot-com era start-ups, the current companies have healthy revenue and in some
cases are turning a profit -- but their results aren't matching early
expectations.
***DISCLOSURE: Short (FB) (GRPN) From Pre Market Levels
Thanks for checking - Feel free to contact me regarding trading services, education and access to my daily guest appearance broadcast. Tim@affinitytrading.com
This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by Legend Trading or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.
Saturday, August 18, 2012
Barron's Recap - Stocks To Trade Monday
(YOKU) Youku - Barron's(8/20) Asian Trader: Beware Of China's Youtube
Bargain hunters browsing China's Internet seemed to have found a new favorite lately. Youku, an online video portal that has been hailed as the YouTube of China, made its New York debut in December 2010 and has already filled its short history with much drama. The Beijing company's American depositary shares (ticker: YOKU) swiftly doubled in early 2011, only to lose three-quarters of their value just as swiftly. Shares rebounded early this year but have since corrected more than 40%.
Besides user-generated content, it also has a licensed professional library of more than 2,700 movies, 2,111 television series, and more than 610 variety shows. It's attracting investors as well as viewers, and a quarter of its $2.2 billion market cap is cash.
(GRPN) Groupon - Barron's(8/20) A Return Visit To Earlier Stories: Next Stop
For Battered Groupon: $3?
Warns Sena, who now has a $3 price target on Groupon: "Once your business shows decline, then you're paying out more to merchants from a business that was bigger 60 days ago then it is today." So, despite its bargain-basement price, the stock looks like a bad bargain to us.
Groupon's famed deals have lost their buzz. None more than the $700 million stock offering that it made to investors last November. The IPO valued Groupon at $13 billion; as of Friday, the company was worth just $3 billion. The shares (ticker: GRPN) fell 36% last week alone, closing at $4.75, after Groupon reported that billings for the second quarter had fallen 5% from the level three months earlier.
The most surprising -- and concerning -- news in its second-quarter results was a growing reliance on "Groupon Goods," a direct-sales unit that brings the coupon pioneer precariously close to the likes of Amazon.com (AMZN).
(ING) ING Groep Barron's(8/20) European Trader: Trimmer ING Should Attract More Stares
ING, which has a market capitalization of more than 22 billion euros, is making progress with the disposals but is being hindered by instability in financial markets. ING's shares -- its American depositary receipts trade in New York (ticker: ING) -- can easily add 20% or more in the next 12 months if the
divestitures are
http://perezhilton.com/2012-08-18-mark-zuckerberg-facebook-stock-crashing-should-he-step-down-as-ceo#.UDFIHKPoBXA
Oh noes!!
As stock drops faster than a coed's panties on a booze cruise, industry insiders wonder why Mark Zuckerberg isn't inviting shareholders to "Facebook Event: My resignation."
One industry researcher thinks Zuck's unsinkable ship might be heading toward a metaphorical iceberg!
If the CEO wants to keep the company afloat he must change course, or possibly captains, immediately.
He said:
Facebook stock closed under $20 bucks a share yesterday. That's less than HALF of what they were worth during the company's initial public offering!
A different analyst offered his opinion on how the shareholders must feel.
He said:
A senior managing director at a company offering investment strategies said:
Bargain hunters browsing China's Internet seemed to have found a new favorite lately. Youku, an online video portal that has been hailed as the YouTube of China, made its New York debut in December 2010 and has already filled its short history with much drama. The Beijing company's American depositary shares (ticker: YOKU) swiftly doubled in early 2011, only to lose three-quarters of their value just as swiftly. Shares rebounded early this year but have since corrected more than 40%.
Besides user-generated content, it also has a licensed professional library of more than 2,700 movies, 2,111 television series, and more than 610 variety shows. It's attracting investors as well as viewers, and a quarter of its $2.2 billion market cap is cash.
(GRPN) Groupon - Barron's(8/20) A Return Visit To Earlier Stories: Next Stop
For Battered Groupon: $3?
Warns Sena, who now has a $3 price target on Groupon: "Once your business shows decline, then you're paying out more to merchants from a business that was bigger 60 days ago then it is today." So, despite its bargain-basement price, the stock looks like a bad bargain to us.
Groupon's famed deals have lost their buzz. None more than the $700 million stock offering that it made to investors last November. The IPO valued Groupon at $13 billion; as of Friday, the company was worth just $3 billion. The shares (ticker: GRPN) fell 36% last week alone, closing at $4.75, after Groupon reported that billings for the second quarter had fallen 5% from the level three months earlier.
The most surprising -- and concerning -- news in its second-quarter results was a growing reliance on "Groupon Goods," a direct-sales unit that brings the coupon pioneer precariously close to the likes of Amazon.com (AMZN).
(ING) ING Groep Barron's(8/20) European Trader: Trimmer ING Should Attract More Stares
ING, which has a market capitalization of more than 22 billion euros, is making progress with the disposals but is being hindered by instability in financial markets. ING's shares -- its American depositary receipts trade in New York (ticker: ING) -- can easily add 20% or more in the next 12 months if the
divestitures are
Should Mark Zuckerberg Step Down As CEO Of Facebook?
http://perezhilton.com/2012-08-18-mark-zuckerberg-facebook-stock-crashing-should-he-step-down-as-ceo#.UDFIHKPoBXA
Oh noes!!
As stock drops faster than a coed's panties on a booze cruise, industry insiders wonder why Mark Zuckerberg isn't inviting shareholders to "Facebook Event: My resignation."
One industry researcher thinks Zuck's unsinkable ship might be heading toward a metaphorical iceberg!
If the CEO wants to keep the company afloat he must change course, or possibly captains, immediately.
He said:
"There is a growing sense that Mark Zuckerberg, talented though he may be, is in over his hoodie as CEO of a multibillion-dollar public company. While in many cases a company founder can, and does, grow into the job, things are happening so quickly that there is precious little time here for Zuckerberg to do that."We love when corporate bigwigs use puns — in over his hoodie? HIGHlarious! — a but is a call for Mark to step down premature?
Facebook stock closed under $20 bucks a share yesterday. That's less than HALF of what they were worth during the company's initial public offering!
A different analyst offered his opinion on how the shareholders must feel.
He said:
"This was the most anticipated IPO in many years and it was like an exploding cigar. Every investor thought they were about to become wealthy beyond their wildest dreams, and they had this blow up in their face."It gets worse!!
A senior managing director at a company offering investment strategies said:
"His behavior is what I would expect of someone his age — the hoodies and everything else. He's trying to appeal to his audience instead of being responsible to his investors. His job now is to run the company."Is the criticism fair or are the haters hating they aren't a 28 year-old genius with $12.1 billion bucks in their bank account?
Friday, August 17, 2012
08-17-12 - Daily Recap DISCLOSURE: Short (FB) GRPN)
Thanks for checking - Feel free to contact me regarding trading services, education and access to my daily guest appearance broadcast. Tim@affinitytrading.com
***DISCLOSURE:
This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by Legend Trading or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.
Wednesday, August 15, 2012
Webcam video from August 15, 2012 1:11 PM
Thanks for checking - Feel free to contact me regarding trading services, education and access to my daily guest appearance broadcast. Tim@affinitytrading.com
***DISCLOSURE:
This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by Legend Trading or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.
Tuesday, August 14, 2012
(GRPN) A Multitude of Downgrades - Analyst Don't Know Preferred Stock From Livestock
GRPN: Downgraded - JAGNote by Citigroup
GRPN: Downgraded - JAGNote by Benchmark - target of $7 down from $20.
GRPN: WSJ - HEARD ON THE STREET: The New Deal at Groupon Isn't Enough
GRPN: Groupon valuation range lowered to $9-$11 from $21-$23 at Wells Fargo
Thanks for checking - Feel free to contact me regarding trading services, education and access to my daily guest appearance broadcast. Tim@affinitytrading.com
***DISCLOSURE: Short (FB) (ZNGA) (GRPN)
This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by Legend Trading or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your ation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.
GRPN: Downgraded - JAGNote by Benchmark - target of $7 down from $20.
GRPN: WSJ - HEARD ON THE STREET: The New Deal at Groupon Isn't Enough
GRPN: Groupon valuation range lowered to $9-$11 from $21-$23 at Wells Fargo
Thanks for checking - Feel free to contact me regarding trading services, education and access to my daily guest appearance broadcast. Tim@affinitytrading.com
***DISCLOSURE: Short (FB) (ZNGA) (GRPN)
This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by Legend Trading or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your ation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.
Sunday, August 5, 2012
Barron's Recap - 3 Stocks To Buy - Coach - Activision - Charter
(ATVI) Barron's(8/6) Why Activision May Come Roaring Back
Bring on the pandas. In late September, Activision Blizzard plans to
release the latest extension of its wildly popular World of Warcraft, a
multiplayer online game set in a fantasy universe. Mists of Pandaria will
include a new race of people, with a new language and unusual traits, as well as
a new adventurer class outfitted with special weapons and armor and skills and
powers.
Investors are hoping the Asian-themed game will breathe new life into one
of the videogame maker's top franchises, and give Activision Blizzard's shares a
much-needed lift. The stock (ticker: ATVI) has been in the doldrums for much of
the past few years, the result of a down cycle for packaged videogames for
consoles ike Playstation3 and Xbox and intense pressure from cheaper games
played on smartphones and tablets such as the iPad.
(CHTR) Barron's(8/6) Tech Trader: Cable Stocks Are The New Dividend Darlings
U.S. cable companies are going gangbusters this year, despite the
perennial concern they're out of touch with the future of Internet and mobile
everything.
The three biggest, Comcast (ticker: CMCSA), Time Warner Cable (TWC),and
Charter Communications (CHTR), in that order, are up, respectively an amazing
46%, 40%, and 40% this year. With the exception of Cablevision (CVC), which has
slumped 33% in the last 12 months, they are all up by double digits year-over-
year as well. Cablevision has notched a respectable 9% climb since January.
That the cable companies have fared so well is amazing given that
competing TV offerings from the likes of Verizon Communications (VZ) and AT&T
(T) have clearly taken a toll, and given the protracted housing slump -- no new
homes, no new sign-ups.
Can it continue? Probably.
Sure, dividend yields are straining to keep up with the share-price gains.
And competition from the Internet, smartphones, and tablets is a meaningful
threat. But it appears that investors can't get enough of a moldy old business
that has committed itself to paying out whatever cash it comes
(COH) Barron's(8/6) A Return Visit To Earlier Stories: Nasty Spill Makes Coach A Steal
Shoppers, get ready to bag a bargain.
Shares of upscale handbag maker Coach have been on sale since Wall Street
pummeled the stock last week over a rare corporate stumble. For its latest
quarter, Coach reported a 1.7% sales increase in North America at stores open at
least a year, well below expectations of 6% and a prior-quarter gain of 6.7%.
Also troublesome, the company (ticker: COH) warned that spending on expansion in
Asia would weigh on earnings in the coming year.
After falling 15% on the week, to $52.66, Coach looks cheap. It
continues to forecast double-digit profit growth, atop an 18% gain in earnings,
to $1.04 billion, or $3.53 a share, in the fiscal year that ended June 30,
on sales of $ 4.76 billion. The stock trades for 13.3 times this fiscal year's
expected $3.97 in per-share profit and under 12 times fiscal 2014 estimates of
$4.60, far from the growth multiples enjoyed in years past. Coach pays a
$1.20-a-share dividend, yielding 2.4%. Some analysts see the stock returning
to the mid-$60s.
CEO Lew Frankfort, who joined the company in 1979 and has run it since
1995, transforming a staid purse maker into an international fashion powerhouse,
thinks investors overreacted. "It's understandable; investors fear the worst,"
he says. "Our fundamentals are excellent."
Thanks for checking - Feel free to contact me regarding trading services, education and access to my daily guest appearance broadcast. Tim@affinitytrading.com
***DISCLOSURE: No Relevant Positions
This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by Legend Trading or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.
Bring on the pandas. In late September, Activision Blizzard plans to
release the latest extension of its wildly popular World of Warcraft, a
multiplayer online game set in a fantasy universe. Mists of Pandaria will
include a new race of people, with a new language and unusual traits, as well as
a new adventurer class outfitted with special weapons and armor and skills and
powers.
Investors are hoping the Asian-themed game will breathe new life into one
of the videogame maker's top franchises, and give Activision Blizzard's shares a
much-needed lift. The stock (ticker: ATVI) has been in the doldrums for much of
the past few years, the result of a down cycle for packaged videogames for
consoles ike Playstation3 and Xbox and intense pressure from cheaper games
played on smartphones and tablets such as the iPad.
(CHTR) Barron's(8/6) Tech Trader: Cable Stocks Are The New Dividend Darlings
U.S. cable companies are going gangbusters this year, despite the
perennial concern they're out of touch with the future of Internet and mobile
everything.
The three biggest, Comcast (ticker: CMCSA), Time Warner Cable (TWC),and
Charter Communications (CHTR), in that order, are up, respectively an amazing
46%, 40%, and 40% this year. With the exception of Cablevision (CVC), which has
slumped 33% in the last 12 months, they are all up by double digits year-over-
year as well. Cablevision has notched a respectable 9% climb since January.
That the cable companies have fared so well is amazing given that
competing TV offerings from the likes of Verizon Communications (VZ) and AT&T
(T) have clearly taken a toll, and given the protracted housing slump -- no new
homes, no new sign-ups.
Can it continue? Probably.
Sure, dividend yields are straining to keep up with the share-price gains.
And competition from the Internet, smartphones, and tablets is a meaningful
threat. But it appears that investors can't get enough of a moldy old business
that has committed itself to paying out whatever cash it comes
(COH) Barron's(8/6) A Return Visit To Earlier Stories: Nasty Spill Makes Coach A Steal
Shoppers, get ready to bag a bargain.
Shares of upscale handbag maker Coach have been on sale since Wall Street
pummeled the stock last week over a rare corporate stumble. For its latest
quarter, Coach reported a 1.7% sales increase in North America at stores open at
least a year, well below expectations of 6% and a prior-quarter gain of 6.7%.
Also troublesome, the company (ticker: COH) warned that spending on expansion in
Asia would weigh on earnings in the coming year.
After falling 15% on the week, to $52.66, Coach looks cheap. It
continues to forecast double-digit profit growth, atop an 18% gain in earnings,
to $1.04 billion, or $3.53 a share, in the fiscal year that ended June 30,
on sales of $ 4.76 billion. The stock trades for 13.3 times this fiscal year's
expected $3.97 in per-share profit and under 12 times fiscal 2014 estimates of
$4.60, far from the growth multiples enjoyed in years past. Coach pays a
$1.20-a-share dividend, yielding 2.4%. Some analysts see the stock returning
to the mid-$60s.
CEO Lew Frankfort, who joined the company in 1979 and has run it since
1995, transforming a staid purse maker into an international fashion powerhouse,
thinks investors overreacted. "It's understandable; investors fear the worst,"
he says. "Our fundamentals are excellent."
Thanks for checking - Feel free to contact me regarding trading services, education and access to my daily guest appearance broadcast. Tim@affinitytrading.com
***DISCLOSURE: No Relevant Positions
This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by Legend Trading or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.
Friday, August 3, 2012
S&P Futures trading up sharply pre 8:30 am July employment dataent data
(ES) S&P Futures trading up sharply up 10 handles at 1372 pre July employment data due at 8:30 am est.
(KCG) Knight Capital price target lowered to $3 from $12 at Barclays
(KCG) WSJ(8/3) With Knight Wounded, Traders Ask If Speed Kills
(KCG) JAGNote by The New York Times - Errant Stock Trades Reveal a Risk That Few Anticipated
Thanks for checking - Feel free to contact me regarding trading services, education and access to my daily guest appearance broadcast. Tim@affinitytrading.com
***DISCLOSURE:
This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by Legend Trading or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.
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