Tag: Stocks

It was only a week ago that I posted,

Will The S&P 500 Make All-Time New Highs In 2019??? – Part 3

Stocks have risen a year after 18 midterm elections since World War II, with the S&P 500 delivering an average return of 14.5 percent, according to LPL Financial Research.With the S&P 500 up only 1.3 percent since the midterm election last November, there indeed could still be room for stocks to run in 2019,” LPL says in a note.The year prior to a presidential election has almost always been a good one — in the last 19 such years, the

Hibbett Sports, Inc., together with its subsidiaries, operates athletic specialty stores. Its stores offer a range of merchandise, including athletic footwear, athletic and fashion apparel, sports equipment, and related accessories.

On Friday Hibbett Sports reported fourth quarter earnings which handsomely beat estimates.  On the news the stock rose more than 20%.

Management noted that a major part of the strong quarter was, indeed, a strong e-commerce revenue segment.“We are quite pleased with the fourth-quarter results, which were driven by significant progress on our strategic initiatives along with compelling assortments from our key vendors,” said Jeff Rosenthal, president and CEO. “Our omni-channel initiative

About two weeks ago, I wrote a post about a a former hedge fund manager, Whitney Tilson saying Tesla will be below $100 by the end of 2019.

Whitney Tilson Says Tesla Will Be Under $100 By Year End…Do You Agree?

Tilson said Tesla’s announcement last week that it is cutting the price of the Model 3, closing its brick-and-mortar stores and returning to earnings losses in the first quarter of 2019 is the beginning of the end.“I think Musk has no more rabbits to pull out of his hat and therefore it’s all downhill from here,” Tilson wrote. “I predict that

Alzheimer’s disease is a progressive and irreversible brain disorder that is characterized by a steady decline in cognitive, behavioral and physical abilities severe enough to interfere with everyday life and necessitate full time care.Individuals with Alzheimer’s disease may have trouble finding the right words to use, recognizing objects (such as a pencil), recognizing family and friends, and may become frustrated, irritable, and agitated. As the disease progresses, physical problems may include loss of strength and balance, and diminishing bladder and bowel control.As more and more of the brain is affected, areas that control basic life functions, like swallowing and breathing,

I first talked about Grubhub three months ago,

GrubHub Lost Its Appetite,

GrubHub (NYSE:GRUB) is the world’s leading online and mobile food ordering company, currently partnering with over 80,000 restaurants in 1,600 U.S. cities.  Despite competition from the likes of Uber, DoorDash, Postmates, Square and Amazon, GrubHub still controls 34%% of the U.S. food delivery market.Grubhub, no longer has its first to mover competitive edge. In order to stay ahead of the competition, Grubhub will have to continue to grow in other cities and their marketing expense are going to have to grow as well, which will increase their customer acquisition costs.

DoorDash

Seven days ago, I wrote a post titled,

Carmageddon Is Back On

You see, auto-loan delinquencies are at all-time highs again. But there are two distinct root causes that I can point to regarding Carmageddon:1)    Auto loan rates have risen from 4.56% in 2014 to 6.26% in February.  Thus, a loan on new or used car has gone up 37%.2)    Carmakers that used zero-percent financing offers to juice sales at the height of the American auto boom are starting have nearly eliminated this store buster tactic because rising interest rates as well…their own borrowing costs.3) Carshare / rideshare services like Lyft and

DSW Inc., together with its subsidiaries, operates as a branded footwear and accessories retailer in the United States. The company offers dresses, casual and athletic footwear, and accessories under various brands for women, men, and kids. It also provides handbags, hosiery, jewelry, and other accessories.

Today DSW announced their fourth quarter earnings today.  The company lost $0.07 / share, but Wall Street was looking for a $0.03 gain.   In addition, gross margins dropped to the lowest level in three years.  For the current year, DSW expects earnings / share in the range of $1.80 to $1.90 vs analysts’ expectations of $1.94.

CEO