EDITOR'S DESK, FUNDAMENTALS, INVESTING, MARKETS/ECONOMY, STOCKS, TECHNICALS

Shock Wavin. Verizon And United Health Battle Concussion Waves.

DECEMBER 11, 2018. Poseidon ruled beneath the waves. It was much calmer below. Peace ruled but breathing came in gulps. Positive price-action is now much like a gulp, when there is any. We would settle for a slice of stability. Got any?
Markets are in correction pain mode and relentlessly technical. “Fundamentals” you say? Fundamentals are not driving. Vast swaths of stocks with good fundamentals now struggle beneath concussive waves of their descending moving averages. Little breathing occurs that far down. And what about fortress companies such as United Health and Verizon? Bulwarks both.
Yet keep the following in mind. On-going instability and down-trending volatility are this market’s rule. STOCKjAW snorkels the depths on two of our strongest survivors. Even these stars are in a very wavy way.

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EDITORIAL, INVESTING, STOCKS, TECHNICALS

Wheaton Precious Metals UPDATE

DECEMBER 10, 2018. Gold titillates in the best of times, and more so in the worst. Neither describes current murky market reality. Yet, gold’s on the minds of investors.
Vancouver-based Wheaton Precious Metals is a derivative play on this pricey commodity. Yet is it a buy? Attempting to refine that picture, STOCKjAW updates yesterday’s piece on Wheaton. WPM, the rest of the story.

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FUNDAMENTALS, INVESTING, MARKETS/ECONOMY, STOCKS, TECHNICALS

Felony Gold?

DECEMBER 9, 2018. Going ga ga over gold hasn’t paid off for decades. This precious metal’s spot price has been planted in cement. Can it be played from the side? Vancouver-based Wheaton Precious Metals lives on the hope. Should you?
Smart people will assure you that gold is a “safe haven.” “Gold’s gold.”
Any and everyday many people will confirm that a cataclysm is coming. Economic breakdown hunkers just past the next price-action crack. Maybe.
Gold’s allure seems eternally magical. Exposure to the commodity can be direct, through ETFs, or derivative. Wheaton employs a business model that leaves mining risk to others. How is that working now? And how can any model outperform when the underlying commodity price has been locked beneath permafrost? STOCKjAW takes a closer look.

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EDITOR'S DESK, FUNDAMENTALS, INVESTING, MARKETS/ECONOMY, STOCKS

Master-Blaster Powell’s Spam Hole Apocalypse. Our Fix.

NOVEMBER 5, 2018. Who knew? Well, most people. A single word or phrase from the federal reserve can move markets. Jerome Powell’s “over-shoot” comment threw markets backward. Throw in the escalating fear of a very real trade war and markets dive.
“Not to worry–it’s a common correction. It’s healthy.” We heard that. Does a 20% decline in portfolio worth sound healthy?
We know what you’re thinking. “It’s too late to reposition.” It’s only too late to adjust you positions if you want traditional defensive stocks–consumer packaged goods or utilities. Better plays exist. Besides, like us, you may want to look at your research habits as well. We did. Glimpse our four fix points for a far less “accommodating” environment.

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FUNDAMENTALS, INVESTING, STOCKS, TECHNICALS

ABIOMED. A Company With Heart. Want One?

AUGUST 6, 2018. No one out-performs Amazon.
Or do they? ABIOMED is a company with heart. They make them–temporary percutaneous mechanical circulatory support devices. If you’re one of the many people with any of a variety of cardiac issues, this company may just help you heal. That’s whet CEO and President Michael Monogue will tell you.
Abiomed’s blood pumps create blood flow when the heart needs assistance. It’s ABMD’s time as well.
Born in 1997 this Danvers Mass-based company originally sought the artificial heart, a pedigree continuing to provide both direction and inspiration. That tight focus clearly shows in the financial metrics ABMD is now producing. There’s heart here, and it’s early days.

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FUNDAMENTALS, INVESTING, MARKETS/ECONOMY, MEDIA, STOCKS, TECHNICALS

Google. Cash Swarm.

JULY 26, 2018. Smack talking about Google or Amazon is like dangling some stamped pot-medal chandelier in the ballroom of Wayne Manor. Nice. The Joker–oops, we mean Elizabeth Warren, seems to feel that the squeaky-clean European Commission is all good using Google like a cash machine. $2.7 billion last year and $5.01 billion this month. Very nice.
Perhaps the truly laudable senior senator from Massachusetts should focus on the CFPB, or EU Airbus subsidies.
Meanwhile, Batman–oops, Alphabet, soars to all-time highs off the glory of a monster $11.75 EPS score. The consensus estimate was $9.58.
What do you say when an $870b. company cranks out a retina-detaching 23% revenue growth rate, in constant currency terms, after turning 20? What do you say about Alphabet’s obscene cash mountain? Well, you say “Sorry for the smack–we love you.
Where’s the buy counter?”

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FUNDAMENTALS, INVESTING, MARKETS/ECONOMY, STOCKS, TECHNICALS, THINKING NOW

Big Banks. Testimony Of The Tape.

JULY 20, 2018. Who hasn’t curled a lip behind investors shimmering indifference to big banks?
Yet the carousel of table-leaning bank lovers chimes and rotates. “Well Ken, we really like the banks here.” Why? How many others have been confused by such bubbly fun? Mother of sweating–where’s the performance? Tech is what works–tech.
No real love exits for our big banks, going no where fast. We’ve seen the Youtube vid of shareholders falling instantly to sleep when suddenly exposed to a bank earnings report. On comes the comes the carousel of more money managers broadcasting more bank “attractiveness.”
STOCKjAW takes a look. What’s the bank performance truth, and benchmark reality? The benchmarks and the players all have scores, and the reality stands clear, right here. More pool-party bank summer fun.

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