Investor’s Edge: 06/24/2015
Investor’s Edge: 06/24/2015
Chart Of The Day: The Transports Continue To Potentially Trace Out A Major Top
Chart Courtesy of Stockcharts.com
There is no bubble!
Bluebird Bio (BLUE)…very little sales…lost $65 million in past year…does its 3rd secondary offering in past 12 months. Market cap a measly $5.7 billion.
What happened to yesterday’s report?
We forgot. We actually forgot to write our market notes yesterday. We would like to say we were in important meetings…or something kept us away from the desk. Nope. We just forgot. Not much has changed. Even with the move out in range for a few major indices, other major indices remain range-bound. The DOW,S&P…
Top 10 Largest U.S. Market Cap Companies
Wal-Mart, the world’s largest retailer, just got the boot from the Top 10 list of America’s most valuable companies. Taking its place, Facebook in what could be the start of a shakeup in the land of the U.S. market cap kings. Here is the current list of the 10 most powerful companies in the United…
Apple Stumbles Out of the Gate With HomeKit
Source: http://www.wsj.com/articles/apple-homekit-review-siris-new-smart-home-already-needs-renovation-1435077442
Spieth: You Have to Know How to Deal With Adversity
Source: http://www.bloomberg.com/news/videos/2015-06-23/spieth-dealing-with-adversity-at-golf-majors-key-to-wins
Google Startup Aims to Bring Fast, Free Wi-Fi to Cities
Source: http://www.bloomberg.com/news/articles/2015-06-23/google-startup-aims-to-bring-fast-free-wi-fi-to-cities
Gadgets: Amazon Echo ‘Siri in a Box’ is Finally Here
Source: http://www.foxbusiness.com/technology/2015/06/23/amazon-echo-siri-in-box-is-finally-here/?intcmp=bigtopmarketfeaturesside
Required Reading Of The Day
This Summer, How About a Workcation? WSJ Likely GDP Revision Bodes Well for 2nd Half Growth – Fox Business Cheap Energy to Shake Up Pipeline Industry – WSJ How Airbnb is More Valuable Than Big-Name Firms – Fox Business Amazon to Remove Confederate Flag Items, Following eBay and Others – WSJ Dick Van Patten, Star…