Facebook is but One of Many Great Calls of this Column
Once again Thursday, activity was dictated by individual stocks, and one stock in particular enthused investors. It was Facebook (NYSE: FB), which followers of this column and our work published elsewhere would have owned in the low $20s based on our guidance. This follows a series of correct calls over the past year or two on J.C. Penney (NYSE: JCP), Apple (Nasdaq: AAPL), Best Buy (NYSE: BBY), Dell (Nasdaq: DELL) and J.C. Penney (NYSE: JCP) again in the opposite direction. That is not to mention our correct calls for gold, real estate and finance over past years, and many other precise predictions for names like Toyota (NYSE: TM) and others. We hope you have been following and will continue to follow. For more in-depth analysis and research visit our stock market blog.
Our founder earned clients a 23% average annual return over five years as a stock analyst on Wall Street. "The Greek" has written for institutional newsletters, Businessweek, Real Money, Seeking Alpha and others, while also appearing across TV and radio. While writing for Wall Street Greek, Mr. Kaminis presciently warned of the financial crisis.
Economic Events
The economic data was positive Thursday, as seen above, but the durable goods orders figure ex-transportation is worthy of concern and examination. As readers of this column know, this is the figure that matters most for broad economic analysis, as the high ticket prices and long order to delivery time of transportation goods causes big swings in the top line figure.
Overseas Markets
Commodity Markets (11:46 AM ET)
Corporate Events
Other Reports for Your Review:
Good Reason to Buy IBM Here
Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.
Our founder earned clients a 23% average annual return over five years as a stock analyst on Wall Street. "The Greek" has written for institutional newsletters, Businessweek, Real Money, Seeking Alpha and others, while also appearing across TV and radio. While writing for Wall Street Greek, Mr. Kaminis presciently warned of the financial crisis.
Facebook 1 of Many Wins
Market ETF
|
July 25, 2013
|
Year-to-Date
|
SPDR S&P 500 (NYSE: SPY)
|
+0.2%
|
+18.5%
|
SPDR Dow Jones (NYSE: DIA)
|
Unchanged
|
+18.6%
|
PowerShares (Nasdaq: QQQ)
|
+0.6%
|
+15.1%
|
Economic Events
ECONOMIC REPORT SCHEDULE
|
|||
Economic Data Point
|
Prior Period
|
Expected
|
Actual
|
THURSDAY
|
|||
+5.2% (R)
|
+1.5%
|
+4.2%
|
|
-Orders Ex-Transportation
|
+1.0%
|
+0.6%
|
0.0%
|
-5
|
0
|
+6
|
|
-28.4
|
NA
|
-27.3
|
|
336K
|
341K
|
343K
|
|
+58 Bcf
|
NA
|
+41 Bcf
|
|
SEC Examines Dodd-Frank
|
The economic data was positive Thursday, as seen above, but the durable goods orders figure ex-transportation is worthy of concern and examination. As readers of this column know, this is the figure that matters most for broad economic analysis, as the high ticket prices and long order to delivery time of transportation goods causes big swings in the top line figure.
Overseas Markets
EUROPE
|
CLOSE
|
ASIA/PACIFIC
|
CLOSE
|
EURO STOXX 50
|
-0.4%
|
NIKKEI 225
|
-1.1%
|
German DAX
|
-1.0%
|
Hang Seng
|
-0.3%
|
CAC 40
|
-0.2%
|
S&P/ASX 200
|
+0.0%
|
FTSE 100
|
-0.5%
|
Korean KOSPI
|
-0.1%
|
Athens ASE
|
+0.3%
|
BSE India SENSEX
|
-1.4%
|
Commodity Markets (11:46 AM ET)
WTI Crude
|
-0.1%
|
Brent Crude
|
+0.3%
|
NYMEX Natural Gas
|
-0.6%
|
RBOB Gasoline
|
-1.1%
|
Gold Spot
|
+0.6%
|
Silver Spot
|
+0.3%
|
COMEX Copper
|
+0.3%
|
CBOT Corn
|
-0.8%
|
CBOT Wheat
|
-0.4%
|
CBOT Soybeans
|
-2.8%
|
ICE Cocoa
|
-0.1%
|
ICE Sugar
|
+1.4%
|
ICE Orange Juice Conc.
|
+0.4%
|
CME Live Cattle
|
-0.6%
|
Corporate Events
REPORTING EARNINGS
|
|
Company
|
Ticker
|
THURSDAY
|
|
Under Armour
|
NYSE: UA
|
Sirius XM Radio
|
Nasdaq: SIRI
|
Biogen Idec
|
Nasdaq: BIIB
|
Harley-Davidson
|
NYSE: HOG
|
General Motors
|
NYSE: GM
|
Zynga
|
Nasdaq: ZNGA
|
Starbucks
|
Nasdaq: SBUX
|
Amazon.com
|
Nasdaq: AMZN
|
Cliff’s Natural Resources
|
NYSE: CLF
|
Gilead Sciences
|
Nasdaq: GILD
|
Raytheon
|
NYSE: RTN
|
BorgWarner
|
NYSE: BWA
|
Kennametal
|
NYSE: KMT
|
MOST ACTIVE STOCKS
|
|
BIGGEST GAINERS
|
% Gain
|
ALCO Stores (Nasdaq: ALCS)
|
+61%
|
Aktiebolaget Svensk (NYSE: EEH)
|
+55%
|
ONTX (Nasdaq: ONTX)
|
+50%
|
Facebook (NYSE: FB)
|
+30%
|
Bridgeline Digital (Nasdaq: BLIN)
|
+18%
|
Medidata (Nasdaq: MDSO)
|
+19%
|
ONEOK (NYSE: OKE)
|
+18%
|
Xoom (Nasdaq: XOOM)
|
+15%
|
Applied Micro Circuits (Nasdaq: AMCC)
|
+17%
|
Repros Therapeutics (Nasdaq: RPRXW)
|
+16%
|
BIGGEST LOSERS
|
% Drop
|
Sequenom (Nasdaq: SQNM)
|
-30%
|
AEterna Zentaris (Nasdaq: AEZS)
|
-22%
|
Crocs (Nasdaq: CROX)
|
-21%
|
Clearfield (Nasdaq: CLFD)
|
-17%
|
ICEL (Nasdaq: ICEL)
|
-15%
|
Ruby Tuesday (NYSE: RT)
|
-14%
|
Intellipharmaceutics (Nasdaq: IPCI)
|
-13%
|
Silicon Laboratories (Nasdaq: SLAB)
|
-12%
|
PostRock Energy (Nasdaq: PSTR)
|
-11%
|
Syntroleum (Nasdaq: SYNM)
|
-11%
|
Other Reports for Your Review:
Good Reason to Buy IBM Here
Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.
Labels: Market-Outlook, Market-Outlook-2013-Q3
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