I don't want to say the 'B word'(bubble), but doesn't it look awkward for a small company with barely any bottom line track record to more than double its value on the first day of its introduction to the public market. Would you call this a hype? I call it, "What the heck is going on?" A very confusing performance considering the type of market we are in. However, let's not be quick to call or compare this to the early 2000's. I definitely don't recommend this for retail investors.
Traders are buying treasuries, equities, commodities, metals, and crude oil futures, but not the dollar. It seems like everything is up. What are you targeting? What are you unloading? What are you holding?
Wondering how you could get a piece of the good technology earnings results. Just buy QQQ
Some commodities could very well maintain strength even if there is a sell-off in the overall commodities market because of certain country specific factors such politics and natural/environmental conditions. Keep an eye out for Crude of course as a result of headlines in the Middle East and Nigeria. Also, Cocoa if negative headlines increase in Ivory Coast.
Too bad for investors in Japan. It's a bit amazing that the spill over into other markets hasn't been too significant. However, my question is this: "Is it safe to buy the dips in Japanese equities?"
Is Twitter worth that much? Is there a bottom-up tech bubble? Are markets making sense nowadays?
Another good treasury auction and good day for equities. Are treasuries 'done with' or 'back in style?'
We're cautiously bullish for the year. We'd like to share our price targets for some companies we've been looking at recently. We'd like to raise our 2011 price target for:
MCD->$86.50; We think MCD's share price underperformed in the last quarter of 2010, with increased volatility and options volume-we should see MCD drift upwards for at least half a year. The growth in emerging markets hasn't ceased.
AAPL->$382; We think the health situation of Jobs isn't a surprise and shouldn't affect AAPL that much. We should see AAPL make new highs all through the year.
APC->$83.25; The story of Anadarko and oil drilling/discovery in developing nations should carry on and have a net positive effect on APC.
VFC->$101.50; A great cyclical play as highlighted earlier. This stock seems to outperform the overall market on both down and up days.
CHL->$56.25; At an 11.36 price multiple, this looks a bit cheap for a chinese ADR.
CAT->$100; Commodities are still edging higher-looks like we'll need to produce more to meet the demand needs of the market. We can't produce more without Caterpillar farm machinery.
YGE->$16.75; This is contingent on the strength of the economy and the price of oil. These 3 are positively correlated.
CROX->18.15; I'm neither a fan of Crocs wear nor the company-I just think it has been battered well enough and should hopefully rebound to a healthy price level.
KMB->$71.00; A great consumer staple for your portfolio. Kimberly Clark isn't talked about as much and that's why we like this name as a long term investment.
Would the U.S currency ever gain respect again? I have no confidence in buying the USD after watching the AUD and CAD outperform the USD on every single day in the last couple weeks. What's your take?
Perhaps a rally of confidence or sell-off of uncertainty after the Fed decision-Who knows? Nothing is guaranteed based on typical market expectations. What we think is likely to happen and should happen is an uptick in trading volumes for the next couple days at least. After the FOMC announcement, we believe that investors and traders would follow up by re-adjusting their positions based on the micro and macro expectations, which could possibly mean slight capitulation.