Look for a strong move for YHOO in the next day, as the company finally puts together their deal with MSFT. Look for both companies to profit in the long run, but I believe YHOO needed that deal more than MSFT, and as such they should have a nice short term run up. Microsoft has been ramping up their competition with GOOG lately and this deal goes a long way. Combined with the unveiling of BING a few weeks ago, this is a direct shot at GOOG's business.
Don't feel too bad for GOOG, It will take quite a bit more than this partnership to seriously affect their business model. In the end, it remains a great move for YHOO and their board.
see the breaking news from CNBC >>
http://www.cnbc.com/id/32193843/site/14081545/for/cnbc/
Face
Tuesday, July 28, 2009
Thursday, July 23, 2009
Tuesday, July 21, 2009
HOG --- Harley Davidson ... Overbought at These Levels
Harley Davidson --- 5 days Chart
Despite Harley Davidson's history and track record of profitability, my opinion is that HOG is overbought at these levels. The earnings last week were not as bad as expected which explains the short term run up on the stock, however the bottom line is that demand for Harley's has slowed down significantly with the economy taking a beating and they are still carrying quite a bit of bad debt. I would be a supporter of this stock for the long run, as I am confident that consumer demand will once again pick up as we work our way through this recession. The value of the brand is undeniable and in the long run they will return to profitability.
In the short run (over the next weeks and month), I would anticipate a pull back down to the range of $17.5 - $18.5 possibly even lower as the markets take a breather after the current run up.
This is a short recommendation for the next few weeks.
Good luck and always do your own Due Diligence before investing.
Face
Real Estate Investment Opportunity From Gandy Communities Investment Team
Hello my name is Martin E. Brooks at GANDY COMMUNITIES INVESTMENT TEAM… I have an investment deal of a lifetime. I have a neighborhood (Fieldstone) in Monroe, NC. I have 7 spec homes available.
Here at the GANDY COMUNITIES INVESTMENT TEAM I have an opportunity for an investment company, group, or individual. I have seven (7) specs left (on the ground ready to go) at Fieldstone that will easily appraise for 149,000 a piece. I am willing to wrap all seven (7) homes up in a package deal and sell them for 99,000 a piece.
I am also willing to cut a commission check to the lucky realtor for about or around 25,000 – 37,000 once the deal is recorded. If anyone knows of an investor that may be interested in looking at the brand new homes please
Call Martin E. Brooks at 704-394-6609 (Mobile) and schedule a time to meet there at the property.
Here at the GANDY COMUNITIES INVESTMENT TEAM I have an opportunity for an investment company, group, or individual. I have seven (7) specs left (on the ground ready to go) at Fieldstone that will easily appraise for 149,000 a piece. I am willing to wrap all seven (7) homes up in a package deal and sell them for 99,000 a piece.
I am also willing to cut a commission check to the lucky realtor for about or around 25,000 – 37,000 once the deal is recorded. If anyone knows of an investor that may be interested in looking at the brand new homes please
Call Martin E. Brooks at 704-394-6609 (Mobile) and schedule a time to meet there at the property.
Wednesday, July 15, 2009
XLF and C --- Follow up #2
Once again, and as predicted last week, the heavily oversold financials are making a strong run and leading the markets higher. From smaller regional banks to the big guys like JP Morgan, we are seeing heavy buying that is re-inforced by the so-called "green shoots". XLF, being a basket of finanicals has done very well in the last couple days. Look for a possible pull back as earning season slows down a bit for the financials and we come to the end of the week expecting some profit taking.
Lined up for Friday, a BIG earnings report for Citibank (as well as Bank of America). The stock - C - has been on a roll the last few days (+15%), having tested the $2.60 resistance level late last week and is now trading at the $3.15 and building a good base at that level. I am looking for a big move up if teh earnings are solid... If we stay at these levels and teh earnings diseapoint, look for a re-test of the $2.60 levels next week.
Face
Lined up for Friday, a BIG earnings report for Citibank (as well as Bank of America). The stock - C - has been on a roll the last few days (+15%), having tested the $2.60 resistance level late last week and is now trading at the $3.15 and building a good base at that level. I am looking for a big move up if teh earnings are solid... If we stay at these levels and teh earnings diseapoint, look for a re-test of the $2.60 levels next week.
Face
Monday, July 13, 2009
XLF --- Follow up
Great call on this one! trading at $11.65 2 days after my call below $11.00 .. that is +6% in 2 days!
Face
After hours at $11.80 !! .. still room to go past $12.00 possibly this week
Face
Face
After hours at $11.80 !! .. still room to go past $12.00 possibly this week
Face
Sunday, July 12, 2009
C --- Yes, i am still bullish!
C, is still hanging tough even though it has tested another resistance level at $2.60 this week. Having said that, I remain confident in my prior call that this is a BUY opportunity for next 2 years. The stock is beaten down and unless Citibank goes out of business it will have nowhere to go but up over the next 2 years. Yes we still have potential downside, but nobody said it was not a risky stock!
See this article based on Ron Insana's opinion >>
http://www.cnbc.com/id/31854333/site/14081545
Face
See this article based on Ron Insana's opinion >>
http://www.cnbc.com/id/31854333/site/14081545
Face
Thursday, July 9, 2009
Real Estate Update For Charlotte
I am Martin E. Brooks licensed N.C. real estate agent. I just wanted to inject a small reference to the real estate market across the country and county. Charlotte is among the top ten cities to retain their fair market value (along with Raleigh) across the country. Right now business is booming especially in the 100,000 - 180,000 price range.
Also the tax credit from President Obama for 8,000 directed at the first time home buyer is generating a slew of new home buyers to the market. Despite what CNN and MSNBC say, “right now is the best time to buy a home”, especially in the Charlotte region. If you have any questions or concerns or you want to buy or sell or you just want to see what your buying power is please e-mail me at martinbrooks@live.com anytime and I will be sure to direct you and help you in anyway possible.
Martin Brook
martinbrooks@live.com
Also the tax credit from President Obama for 8,000 directed at the first time home buyer is generating a slew of new home buyers to the market. Despite what CNN and MSNBC say, “right now is the best time to buy a home”, especially in the Charlotte region. If you have any questions or concerns or you want to buy or sell or you just want to see what your buying power is please e-mail me at martinbrooks@live.com anytime and I will be sure to direct you and help you in anyway possible.
Martin Brook
martinbrooks@live.com
Wednesday, July 8, 2009
XLF --- A Buy signal under $11.00?
Given the significant down force on the markets this week, and most importantly the pressure on the financial stocks, XLF (Financials Spider share) appears to be a good way of hedging our bets at $11 or below. It's a basket of financials and as such will represent the entire industry rather than one specific bank.
Charting analysis shows XLF as oversold at this time and down from the $12+ levels. Looking for a swing back up to these levels in the next 30-90 days especially if we get some better than expected results from a few banks. Possible down side to the $10 range if we have some worst than expected news.
Face
Charting analysis shows XLF as oversold at this time and down from the $12+ levels. Looking for a swing back up to these levels in the next 30-90 days especially if we get some better than expected results from a few banks. Possible down side to the $10 range if we have some worst than expected news.
Face
ETFC --- E-trade Financial Part 1
A buy or A sell?? Is it worth it at these price levels??
ETFC's next earnings call is scheduled for 7/22 at 5pm.
This is possibly one of the most important earnings call E-trade will ever have to face. Clearly, the market is not done beating down this stock. As most other financials have recovered somewhat from their March lows, ETFC keeps on bucking the trend. For well over a year now, the company has taken every possible step to turn around the company and re-assure it's investors that the worst is behind them, yet the stock price cannot seem to reflect any of that. Is the company struggling? YES!, is it at a tricky crossroad? YES!, is E-trade worth $1.18 a share? I believe NOT!
More to come soon on ETFC.
Face.
ETFC's next earnings call is scheduled for 7/22 at 5pm.
This is possibly one of the most important earnings call E-trade will ever have to face. Clearly, the market is not done beating down this stock. As most other financials have recovered somewhat from their March lows, ETFC keeps on bucking the trend. For well over a year now, the company has taken every possible step to turn around the company and re-assure it's investors that the worst is behind them, yet the stock price cannot seem to reflect any of that. Is the company struggling? YES!, is it at a tricky crossroad? YES!, is E-trade worth $1.18 a share? I believe NOT!
More to come soon on ETFC.
Face.
Tuesday, July 7, 2009
C --- Bottoming Out around $2.70
After being beat up for the last 3+ weeks, C - Citibank seems to be bottoming out around $2.70.
I suspect down side pressure this week could still push it close to the $2.6 level, but I feel confident with C as a long term buy at these levels.
Citibank remains the one and only truly worldwide financial powerhouse. As such, they will be among the first ones to recover from these low price level. Earnings remain unclear, but a recent analyst's upgrade should be a good sign. Dilution of equity from the US government investment in the bank, though significant, will not prevent the stock to flirt with the 6$-8$ range at the first sign of improvement. That would signify a 200+ % return within a 12-18 months time frame.
This might be too much of a positive opinion on a beaten up stock/company, but at these levels, it is worth a look.
Next earnings 7/17 will be critical.
Face.
I suspect down side pressure this week could still push it close to the $2.6 level, but I feel confident with C as a long term buy at these levels.
Citibank remains the one and only truly worldwide financial powerhouse. As such, they will be among the first ones to recover from these low price level. Earnings remain unclear, but a recent analyst's upgrade should be a good sign. Dilution of equity from the US government investment in the bank, though significant, will not prevent the stock to flirt with the 6$-8$ range at the first sign of improvement. That would signify a 200+ % return within a 12-18 months time frame.
This might be too much of a positive opinion on a beaten up stock/company, but at these levels, it is worth a look.
Next earnings 7/17 will be critical.
Face.
Monday, July 6, 2009
Will The Market Rebound Soon?
As of COB 7/6/2009, the US stock market is showing some signs of resiliency by rebounding at the end of the day following a dismal session. It seems that we are heading lower in a W pattern with potential for a surprise if any good news comes along. I feel the Market is going into oversold territory as profit taking from the March Lows and renewed uncertainty is leading the way down.
Look for a few stand out stocks to buck the trend as we approach a CRITICAL earning season in the second half of July,
Look for a few stand out stocks to buck the trend as we approach a CRITICAL earning season in the second half of July,
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Disclaimer >> This Blog is designed to serve as a forum for exchange of ideas, opinions and information for colleagues and clients. Always remember that any financial information that you receive from this site is NOT a recommendation. Instead, it is an idea based on the research and investment style of the author. Before making ANY investment, it is imperative that everyone does their own due diligence and if need be consult with a financial adviser to make sure that it is appropriate for you.