Don’t need a long-winded note today. Markets are acting fine…but just needed to highlight the NASDAQ/NDX-types/glamour growth names. We are talking BIOTECH…we are talking SOCIAL MEDIA…we are talking TECH…we are talking a few CHINESE ADRs…and we are talking new merchandise via IPOs that are showing strength out of IPO base breakouts. We are watching to see…
SOURCE: http://www.dailymail.co.uk/news/article-2738653/Stunning-satellite-images-summer-ice-cap-thicker-covers-1-7million-square-kilometres-MORE-2-years-ago-despite-Al-Gore-s-prediction-ICE-FREE-now.html
We will have a much bigger report over the holiday weekend but first a few notes! Shorter term, markets are stretched, extended and overbought from their norm. Many are talking it is due for a pullback. They are correct, but that does not mean markets have to pull back. QE markets are different. One should…
SOURCE: http://www.dailymail.co.uk/news/article-2736764/Marched-deaths-Sickening-ISIS-slaughter-continues-250-soldiers-captured-Syrian-airbase-stripped-led-desert-mass-execution.html
SOURCE: https://www.youtube.com/watch?v=fxDAyUiXphg&feature=youtu.be
GK 8/27/14 Private Equity TRANSCRIPT: GARY: You see, there is no bubble. That’s what they tell us. Just because Snapchat now has a $10 billion market cap with virtually no revenues, there is no bubble. Everything is fine, market is fine, valuations are great, everything is all well and good. Snapchat is now…
SOURCE: http://weaselzippers.us/197824-amazing-video-israels-iron-dome-shoots-down-15-hamas-rockets-at-the-same-time/
8/26/2014 TRANSCRIPT GARY: “I am bringing this up again for the umpteenth time…just in case some of you did not hear it before. THERE HAVE BEEN A BUNCH OF IPOs that have come out recently with no sales. Yes…no sales. They are mostly in the BIOTECH area. Very simply, we have seen this before. Whenever…
SOURCE: http://www.cnbc.com/id/101946713
GK 8/25/14 Valuation TRANSCRIPT: GARY: “Intermune was bought out today by Roche Holdings. Why do I bring this up? Because we are simply told not to worry about froth and speculation and that is all well and good. Just want to let you know a couple of things that I noticed on Intermune today. First…
