Colgate-Palmolive at New All-Time High
Shares of Colgate-Palmolive ($CL) are up to a new all-time high today. The stock is up more than 14,000% since its 1980 low. I think the stock may be over-extended at this price. Going by my simple va... [Read More]
 
What We're Reading ~ Abnormal Returns Special Edition
Today we're pleased to have Tadas Viskanta of AbnormalReturns.com doing a guest linkfest for us.  If you're unaware, it's one of the best financial sites out there, aggregating insightful market ... [Read More]
 
Why Renting Works in a Buyer’s Housing Market
Follow The Daily Ticker on Facebook! Americans have a lot of questions about the housing market. Has the housing market bottomed? When will home prices start rising? Should I buy or rent? Jack Otter, ... [Read More]
Write-Offs: 05.16.12
$$$ How JPMorgan’s storm in a teapot grew [FT] $$$ And more on JPM’s likely tranche trades [FTAV] $$$ ECB stops operations with some Greek banks [Reuters] $$$ Greeks urged to run poll as euro vo... [Read More]
 
Oil Inventories & Capacity Act As Booster (OIH, VLO, PSX, USO)
The U.S. Department of Energy has released its weekly oil inventory data showing a build up in crude inventories as expected.  The rise came to +2.128 million barrels of crude oil to 381.64 million...... [Read More]
 
Alcatel Can Take ‘Core’ Router Share from Cisco, Juniper, Says Nomura
Nomura Equity Research’s Stuart Jeffrey this morning reiterates a Neutral rating on shares of Alcatel-Lucent (ALU), writing that the equipment maker may take share from Cisco Systems (CSCO) and Junipe... [Read More]
 
Opening Bell: 05.16.12
Greece Teeters As Talks Fail (WSJ) In a potent sign of Greeks’ rising anxiety, depositors withdrew €700 million ($898 million) from local banks on Monday alone, according to the country’s ... [Read More]
 
J.C. Penney Is the New Sears: Ron Johnson Has Done “Incalculable Damage,” Davidowitz Says
Follow The Daily Ticker on Facebook! J.C. Penney (JCP) shares tumbled Wednesday after the retailer reported a much wider-than-expected first-quarter loss, suspended its dividend and saw weakness acros... [Read More]
No Rush To Buy Precious Metals
There are 2 major views on the metals right now. the bull is dead the bull is hibernating I’m in the 3rd group.  The bull is still alive, but I would not be in any rush to buy any miners until... [Read More]
 
1340 SPX Support Broken
1340 SPX broke with some confidence yesterday and is no longer strong support. The double-top and H&S targets on SPX are in the 1292 area at the October high and that is the next big support level... [Read More]