Market had a big reversal during the day, it is priced for perfection and primed for a correction. Big movers today included; Tableau Software (DATA), Eagle Bulk Shipping (EGLE), Navios Marine (NM), Netsuite (N), Diana Shipping (DSX), Direxion 3X Bear ETF (FAZ), Brightcove (BCOV), Trulia (TRLA), DryShips (DRYS), Saks Inc. (SKS), Angie's List (ANGI), Zillow (Z), Green Mountain Coffee Roasters (GMCR), Yelp (YELP), Splun (SPLK) Netflix (NFLX).
3 days ago | posted by Allan Barry Laboucan | in Audio, Business
Market is priced for perfection and the sentiment is way too bullish, a correction is close. Big movers today included; Eagle Bulk Shipping (EGLE), Navios Maritime (NM), SolarCity (SCTY), Brightcove (BCOV), Nuance Communications (NUAN), DrShips (DRYS), Saks Inc. (SKS), Fusion-io (FIO), Palo Alto Networks (PANW), Under Armour (UA), Best Buy (BBY), Rackspace (RAX), Pan American Silver (PAAS), Goldcorp (GG).
4 days ago | posted by Allan Barry Laboucan | in Audio, Business
Market is priced for perfection and it won't take much for it to rollover into a correction. Big movers today included; Eagle Bulk Shipping (EGLE), Diana Shipping (DSX), SolarCity (SCTY), Brightcove (BCOV), Dryships (DRYS), Palo Alto Network (PANW), Tesla Motors (TSLA), Salesforce (CRM), Jive Software (JIVE), JDS Uniphase (JDSU), Expedia (EXPE), Advanced Micro Devices (AMD). Zynga (ZNGA), Netflix (NFLX), Cisco Systems (CSCO), Yahoo (YHOO).
9 days ago | posted by Allan Barry Laboucan | in Audio, Business
The valuation of the market is getting significantly stretched relative to the earnings growth, a correction is overdue. Big movers today incuded; Direxion Bear ETF (FAZ), SolarCity (SCTY), Angie's List (ANGI), Fusion-io (FIO), Activision-Blizzard (ATVI), Palo Alto Networks (PANW), Tesla Motors (TSLA), Best Buy (BBY), Zillow (Z), Pandora (P), Monster Beverage (MNST), Nokia (NOK), Groupon (GRPN), Zynga (ZNGA), LinkedIn (LNKD), BlackBerry (BBRY).
11 days ago | posted by Allan Barry Laboucan | in Audio, Business
Market still toppy and it looks like the bullish rally is getting tired and in need of a long overdue pullback. Big movers today Included; SolarCIty (SCTY), Angie's List (ANGI), Activision Blizzard (ATVI), Tesla Motors (TSLA), Rackspace (RAX), Pandora Media (P), Green Mountain Coffee Roasters (GMCR), Barnes & Noble (BKS), Groupon (GRPN), Netflix (NFLX), BlackBerry (BBRY), AOL (AOL). It's also May which is the start of a seasonal period that can be negative for stocks.
16 days ago | posted by Allan Barry Laboucan | in Audio, Business
Market trading at new highs, but looks toppy as valuations are getting stretched relative to earnings growth. Big movers today included; Trulia (TRLA), Angie's list (ANGI), Fusion-io (FIO), Palo Alto Networks (PANW), Hewlett-Packard (HPQ), Lowe's Companies (LOW), Zillow (Z), Rackspace (RAX), Whole Foods (WFM), Groupon (GRPN), Zynga (ZNGA), Goldcorp (GG), AOL Inc. (AOL).
17 days ago | posted by Allan Barry Laboucan | in Audio, Business
Market grabbed back yesterday's loses, but still looks stretched and ready for a pullback but doesn't want to rollover easily. Big movers today included; Diana Shipping (DSX), SolarCity )SCTY), Brightcove (BCOV), Angie's List (ANGI), E*Trade (ETFC), Facebook (FB), Zillow (Z), Jive Software (JIVE), Glu Mobile (GLUU), Yelp (YELP), Splunk (SPLK), Expedia (EXPE), Advanced Micro Devices (AMD), Visa (V), LinkedIn (LNKD).
23 days ago | posted by Allan Barry Laboucan | in Audio, Business
Market ws under pressure today on concerns from the Federal Reserve comments, but that is likely an excuse because the market is overbought. Big movers today included; Diana Shipping (DSX), Direxion 3X Bear ETF (FAZ), SolarCity (SCTY), Brightcove (BCOV), Trulia (TRLA), American Eagle Outfitters (AEO), Angie's List (ANGI), Fusion-io (FIO), Sirius XM (SIRI), Palo Alto Network (PANW), Facebook (FB), ZIllow (Z), Jive Software (JIVE), Yelp (YELP), Advanced Micro Devices (AMD), BlackBerry (BBRY).
24 days ago | posted by Allan Barry Laboucan | in Audio, Business
Market continues at the top end of the sideways trend that has been going on for last 5 weeks or so, but it still looks like the bull needs a breather. Big movers today included; SolarCity (SCTY), Nuance Communications (NUAN), Sirius XM (SIRI), Best Buy (BBY), Facebook (FB), Zillow (Z), J.C. Penney (JCP), Zynga (ZNGA), Pan American Silver (PAAS), BlackBerry (BBRY), Goldcorp (GG), Apple (AAPL).
25 days ago | posted by Allan Barry Laboucan | in Audio, Business
Market sideways continues with today it trading at the top end of the trend. Big movers today included; Netsuite (N), Diana Shipping (DSX), SolarCity (SCTY), Brightcove (BCOV), Angie's List (ANGI), Morgan Stanley (MS), Tesla Motors (TSLA), Best Buy (BBY), Glu Mobile (GLUU), Yelp (YELP), Expedia (EXPE), Zynga (ZNGA), BlackBerry (BBRY), Apple (AAPL).
26 days ago | posted by Allan Barry Laboucan | in Audio, Business
The GDP report showed a pretty solid number but the street likely wanted better. We are coming into May and it looks like the sideways action is nearing its end and the next big move will be to the downside. Big movers included; Netsuite (N), Brightcove (BCOV), Trulia (TRLA), Angie's List (ANGI), J.C. Penney (JCP), Glu Mobile (GLUU), Expedia (EXPE), Zynga (ZNGA), Pan American Silver (PAAS), Goldcorp (GG), Amazon (AMZN). We are now into earnings season, and when more companies finish reporting, we can likely see the start of the pullback.
29 days ago | posted by Allan Barry Laboucan | in Audio, Business
Market stuck in sideways action, but next big move still looks to be to the downside. Big movers today included; Brightcove (BCOV), Lumber Liquidators (LL), Michael Kors (KORS), Angie's List (ANGI), Fusion-io (FIO), Urban Outfitters (URBN), Tesla Motors (TSLA), Zillow (Z), J.C. Penney (JCP), Rackspace (RAX), Splunk (SPLK), Nokia (NOK), Zynga (ZNGA), Goldcorp (GG). We are getting close to May, when the pullback will likely get underway.
30 days ago | posted by Allan Barry Laboucan | in Audio, Business
Market was soft today, but still within the sideways trading range it has been in for awhile. Big movers today included; SolarCity (SCTY), Lumber Liquidators (LL), Nuance Communications (NUAN), DryShips (DRYS), Yum! Brands (YUM), Pandora Media (P), Zynga (ZNGA), BlackBerry (BBRY), Goldcorp (GG), Microsoft (MSFT). Market sideways action is getting tired and next big move looks to be a pullback.
about 1 month ago | posted by Allan Barry Laboucan | in Audio, Business
The folks over at anewdomain.net called to discuss the Apple quarterly earnings report that is coming this afternoon. I was glad to give my opinion about the hoopla and why I like Apple's stock, and where I see it going.
about 1 month ago | posted by Allan Barry Laboucan | in Audio, Business
Market has been under pressure for the past few days and it looks like the healthy correction we have been calling for is here. Big movers today included; Direxion 3x Bear ETF (FAZ), Dryships (DRYS), Angie's List (ANGI), AutoNation (AN), Hewlett-Packard (HPQ), J.C. Penney (JCP), Rackspace (RAX), Green Mountain Coffee Roasters (GMCR), Nokia (NOK), Freeport-McMoRan Copper & Gold (FCX), Netflix (NFLX), Newmont Mining (NEM), Goldcorp (GG), Apple (AAPL). The correction will likely be around 10%, over quickly, and foundation for next leg up in long term bull market.
about 1 month ago | posted by Allan Barry Laboucan | in Audio, Business