Nike Inc. (NKE – Analyst Report) just released their second quarter fiscal 2016 earnings results, posting an earnings beat of $0.05 and a revenue miss of -$.105 billion Currently, Nike has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this…
Why The Outlook For Yahoo Stock Looks Bleak For 2016 Yahoo (YHOO) stock is down more than 33% since the start of this year. There has been a lot of controversy over what Yahoo should do with its huge Alibaba (BABA) stake, whether to spin off the business and speculation around the tax impact. Recently,…
Is it just me or has 2015 been a particularly crazy year? From extreme weather patterns, to a circus of a Presidential election cycle, to divergent central bank strategies, to the first triple-crown winner since 1978, to terrorist plots emanating from our neighborhoods, to counterintuitive asset class behaviors, to some of the most incredible college…
The spread between Brent and WTI crude oil has almost reached parity and confirms that the supply-glut for oil is more of a global concern and not confined to the US. Some key fundamentals impacting the global oil markets are: The U.S. government’s abandonment of a 40-year ban on the export of domestic oil has…
Vanguard has a timely reminder for investors – “cost is the new performance”.¹ We’ve entered a new era in the asset management business. The era of low fees. We now know definitively that paying high fees is hugely destructive to long-term performance. You don’t don’t get what you pay for and you don’t get better returns…
EURUSD: The pair may have strengthened further on Tuesday but EURUSD faces its key resistance zone at 1.1059/86 with a possible turn back lower envisaged. This view remains valid as long as it continues to trade below the 1.1059/86 zone, its key resistance zone. Support resides at the 1.0850 zone. A cut through here will…
Recently, analysts from FBR Capital released their Top 2016 Technology, Media, and Telecom Outlook report along with 7 stocks to own in 2016. Among them were Facebook Inc (NASDAQ: FB), Proofpoint Inc (NASDAQ: PFPT), and SeaWorld Entertainment Inc (NYSE: SEAS). Facebook Inc One of the 7 stocks FBR Capital recommends to own for 2016 is Facebook. Analyst William Bird expressed a positive outlook on the company’s mobile advertising…
What’s abundant and what’s scarce? The question matters because as economist Michael Spence (among others) has noted, value and profits flow to what’s scarce.What’s in over-supply has little to no scarcity value and hence little to no profitability.01 What’s abundant is unprofitable work, commoditized goods and services, and conventional labor and cap.ital (which is why wages are declining…
For us we’ve been standing aside of market action for the past two months expecting more of this interference. Economic data overall continued to weaken. The standout performance to the downside was Existing Home Sales which plunged 10.5%. GDP data was adjusted lower but only slightly so weighed down by high inventory hangover. FHFA Home…
Steve Mandel is a Tiger Cub who founded Lone Pine Capital in 1997. He invests in public equity markets across the globe using a long/short strategy. The firm uses a fundamental, bottom-up process to build each portfolio. He returned ~23% during the past 11 years. He has a higher turnover than most of the investors…
